Cyber Monday Creates E-Commerce History: Sales Break $600 million Mark
On
this Cyber Monday, which marks the first major spike in online holiday
spending as people returned to work after the Thanksgiving weekend, online
sales totaled $608 million, up 26% from last year, according
to comScore Netwroks. During the first 27 days of November this year,
total online retail spending reached $9.48 billion, marking a 24% increase
versus the corresponding days in 2005.
"Online consumer spending on Cyber Monday this year reached $608 million, making it the highest single day in retail e-commerce history and the first day ever to break the $600 million threshold," said Gian Fulgoni, chairman of comScore Networks.
Shop.org's CyberMonday.com attracted more than 300,000 U.S. visitors on Cyber Monday, or approximately the same number of visitors that PriceGrabber.com, one of the leading price-comparison shopping engines, draws in an average day.Weekly Online Holiday Retail Sales
Blogosphere Discussion:
- Cyber Monday Breaks Records
- CYBER MONDAY E-COMMERCE SPENDING BEATS FORECAST; CLIMBS 25 PERCENT ...
- Cyber Monday E-Commerce Spending Beats Forecast
- Cyber Monday was kind to online retailers
- Does anyone really know what is happening with eCommerce?
