Report: Online Holiday Spending Up 17% from Last Year

Authored by Mark Hefflinger on December 6, 2007 - 9:45am.

Reston, Va. - More than $14 billion has been spent online so far this holiday season, up 17% from the same period a year ago, according to new statistics from Internet audience metrics provider comScore.

The firm said that the heaviest online spending day of the roughly month-long period has been Cyber Monday (Nov. 26), with $733 million in sales.

"[That] was followed by three consecutive days where spending surpassed $700 million," said Gian Fulgoni, the chairman of comScore.

"However, strong sales subsided towards the end of the week, eventually resulting in a 17% gain versus the corresponding time period last year -- in line with the growth rates we've experienced for the season-to-date."

The firm said that video games, consoles and accessories continue to be the hottest online retail category.

 

Related Links:
http://www.comscore.com/press/release.asp?press=1946



Comments

Post new comment

The content of this field is kept private and will not be shown publicly.
Add image
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd><br><p> <b> <i> <img> <hr>
  • Images can be added to this post.
  • Web page addresses and e-mail addresses turn into links automatically.

More information about formatting options

CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Copy the characters (respecting upper/lower case) from the image.