US Online Retail Spending Reaches $20.65 Billion – Nov 1-Dec 18
During November 1 – December 18, 2006, total US online retail spending reached $20.65. The spending increased by 25% over the same period of 2005, according to comScore Networks.
During November 1 – December 18, 2006, total US online retail spending reached $20.65. The spending increased by 25% over the same period of 2005, according to comScore Networks.
Total US online retail spending during the 2006 holiday season will reach $24.6 billion, according to comScore.
Gian Fulgoni, chairman of comScore Networks, said: “The strategy of luring holiday shopping procrastinators with extended shipping guarantees paid off handsomely for online retailers,
Consumers spent more than $643 million during the weekend of December 16-17, up 34 percent versus the corresponding days last year. Monday, December 18 saw $525 million in spending, which marked a 28-percent increase. That we are seeing above-average growth rates this late in the holiday season is clear evidence that consumers have strong faith in the ability of online retailers to “˜deliver the goods'”. [source]
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comScore Networks is a web measurement and analysis provider. comScore has 2 million consumers who have given comScore permission to confidentially capture their browsing and transaction behaviour, including online and offline purchasing.
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