comScore: Last week saw strong online shopping
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E-tailers have laggards and penny-pinchers to thank for last week&#39;s brisk sales, which grew 25 percent over the comparable period last year, according to comScore.
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The retailer reports another stellar quarter.
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Online holiday spending for the first two days of this week increased 29% over the same two last year, according to comScore Inc.
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Online buying continues to snowball, according to the results of a recent America Online survey. This year, for the first time, Americans who regularly use the Internet for shopping -- researching
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Online retailers sold $14.8 billion worth of goods and services between Nov. 1 and Dec. 26, a 29 percent increase over the comparable period in 2003, according to statistics released this week by ComScore Networks. The increase was particularly pronounced in the week before Christmas. -The Washington Post
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The holiday shopping season ended better than it started, and most retailers are on track to meet humble sales goals, though many still hope for an extra boost this week as consumers cash in gift cards.
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RESTON, Va., Dec. 17  /PRNewswire/ -- comScore Networks, a leader in measuring the digital age, today released its estimates of consumer online non-travel (retail) spending at U.S. sites for the 2006 holiday season through December 15.
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Online shopping has become hugely popular among Britons in the run-up to Christmas, research suggests.
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By Mark Albright, St. Petersburg Times, Fla.  Feb. 14--EASY ONLINE SHOPPING? YEAH, RIGHT: A recent gathering of the  nation's top online shopping executives provided a heartening confirmation.
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hoAs the holiday season wound down, U.S. residents kept on shopping significantly more than they did in 2006, particularly on the day after Christmas, but they also reported being less satisfied with e-tailers, according to a pair of studies.Between Nov. 1 and Dec. 27 -- the first 57 days of the holiday season -- U.S. shoppers spent almost $28 billion in online retail purchases, up 19 percent compared with the same period in 2006, according to comScore.Shoppers spent $545 million on Dec. 26, more than doubling the spending on that day in 2006, as they took advantage of late-season offers and discounts, according to comScore.Still, it looks like online spending growth for the 2007 holiday season will fail to meet comScore&#39;s 20 percent forecast, and fall way below the 26 percent growth registered during this period in 2006.comScore chalks up the smaller-than-expected growth to several factors, including warm weather in early November and various economic challenges this year, including higher gas prices, the real estate crunch, and a &quot;jittery&quot; stock market, the company said Sunday.Another important metric that dropped this holiday season compared with 2006&#39;s was customer satisfaction, according to ForeSee Results, a provider of online customer-satisfaction measurement services.A survey of more than 11,000 shoppers revealed that, on a 100-point scale, customer satisfaction with the largest 40 e-tailers dropped, in aggregate, to 74 points, down 1.3 points from the 2006 holiday season, according to ForeSee. It conducted the survey in conjunction with FGI Research using the methodology of the University of Michigan&#8217;s American Customer Satisfaction Index.Still, the spending growth in online shopping this holiday season, even at 19 percent, would greatly outpace the growth of overall U.S. retail holiday spending, forecast at 4 percent by the National Retail Federation.That 4 percent growth rate -- which would put 2007 holiday season retail spending in the United States at almost $475 billion -- would fall below the 10-year average of 4.8 percent and be the slowest since 2002, according to the National Retail Federation.
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The online retailer reported this week that its sales of consumer electronics surpassed book sales for the first time during the Thanksgiving weekend to become the top sales category on the site.
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Online shopping traffic certainly increased on Monday over the previous Friday, according to sources directly involved in generating that traffic, though surveys show shoppers may not be spenders.
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LONDON, Dec. 18  /PRNewswire/ -- comScore Networks, a leader in measuring the digital age, today released an update on European online holiday shopping activity in the U.K., France and Germany.
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Tempted by lower prices and a wide selection of goods, U.S. shoppers clamored to the Web this holiday season, spending $23.2 billion, or 25 percent more than in the previous year, according to a survey released this week.
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Online merchants are poised to record a much bigger rise in holiday sales than their offline counterparts. Broadband expansion, more luxury gift sales and a rise in late shoppers help the bottom line. By Joanna Glasner.
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RESTON, Va., March 5  /PRNewswire/ -- comScore Networks, a leader in measuring the digital age, today reported that its U.S. e-commerce sales estimates for the fourth quarter of 2006 were once again closely aligned with the U.S. Department of Commerce estimates.
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Spending by Americans shopping online during this year&#39;s holiday season rose 24 percent to $8.8 billion, with sharp gains in purchases of clothing and entertainment, Web company VeriSign Inc.