Monday, November 28, 2011

More than 122 million people expected to shop online tomorrow - Cyber Monday!

 

 

Team:   TIMELY, IMPORTANT AND RELAVENT!

 

We are off and running with this year's holiday shopping season!  Check out this article from Internet Retailer (below) which indicates that approximately 122 million people will be shopping online tomorrow! 

 

'Strong Weekend Sales Point to a Hot Monday'

 

Remember that any of the deals, sales, promotions or free shipping that is being offered, YOU are also offering via your SHOP.COM web portal!  Let's do our friends, family members and associates a favor by showing them how they can earn cash back IN ADDITION TO the cyber Monday deals by shopping through your SHOP.COM web portal.  

 

This is a great new video that will be useful for us to use!

 

'SHOP.COM Gives Holiday Piece of Mind'

 

Strong weekend sales point to a hot Monday

E-retailers saw sales leap and site traffic grow over the holiday weekend, and all signs point to a record-breaking Monday, when more than 122 million consumers are expected to shop online. 

If the sales patterns of the holiday weekend hold, e-retailers can expect Monday sales to leave them smiling. Consumers spent an average of $150.53 online this weekend, about 37.8% of their average total weekend spending of $398.62, according to a survey conducted with more than 3,800 consumers for the National Retail Federation.

That spending, combined with other data emerging about how consumers this holiday weekend flocked to the web to help them shop, shows that e-retailers have good reason to be optimistic about their sales potential tomorrow, also known as Cyber Monday. The NRF estimates 42.2 million consumers shopped online this weekend. It projects that 122.9 million will shop online tomorrow, up 15.0% from 106.9 million that did so a year ago.

Sales the Monday following Thanksgiving last year reached $1.028 billion, according to comScore Inc., a research firm that tracks online retail sales. Based on sales data from November of this year, comScore analyst Andrew Lipsman says he expects e-retailers will break that record this year, and projects sales will reach $1.2 billion tomorrow as consumers head to the web in search of money-saving deals.

For the first 25 days of the November-December holiday season, comScore says consumers have purchased $12.7 billion on the web, a 15% increase over last year.ComScore estimates e-retailers sold $816 million worth of merchandise on Friday, 26% more than on Black Friday 2010.  On Thanksgiving Day, online sales totaled $479 million, up 18% over the holiday last year.

Andrew

www.andrewweissman.com

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