Dec
3
Written by:
Steve Patterson
12/3/2008 5:38 PM
Retailer in general and online retailers such as Amazon.com
(NASDAQ: AMZN) rallied on Wednesday sending the markets upward for a strong
finish to a lackluster day. Amazon moved 9.5% higher after comScore reported
that sales online on Monday were 15% higher or $846 million more than last year
on what is now called CyberMonday.
November Still Weak
The month of November was not as wonderful for online
retailers as $12 Billion was spent during the 30 days which is a 2% decline
compared to 2007 during the same period. Increased demand and door buster deals
were explained as reasons shoppers returned in force over the Thanksgiving
holiday weekend online and at traditional retailers.
Other Tracking Companies
Another tracking company called Hitwise found that traffic
at most online retailers were down 1% compared to last year but the largest
fared the best. Amazon drew in 21% more visitors while WalMart.com brought in an
additional 6%. Nielson Online found a 10% increase overall for online retailers
on CyberMonday with the gains coming at Amazon, WalMart.com and eBay.
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2 comment(s) so far...
Re: comScore: Online is Still Hot
Currently, most people preferred to provide info for their business than products. It fast and so much easier.
By Ruri on
1/11/2009 12:42 AM
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Re: comScore: Online is Still Hot
I do see a lot of business blogs online offering informational products and doing well with those products. But the client needs to be a business blogger or small business owner. With products through a eBay Business or other online store, you can reach a wider audience.
By Steve on
1/11/2009 10:00 AM
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