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

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