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online shopping

Online Holiday Shopping Growth ComScore

Online holiday shopping in 2012 grows 16% from last year

December 25th, 2012

Shopping online is becoming more popular than ever according to market research firm comScore. The company’s latest report shows consumers spent $38.7 million online during the first 51 days of the “November-December holiday season” – a 16% increase over the same period last year. ComScore says December 17th a.k.a. “Free Shipping Day,” saw 76% in growth …

Google Denies Retailer Ambitions

Google has no plans to compete directly with Amazon; wants to become retailers’ ‘best tech friend’

December 20th, 2012

Google’s (GOOG) $17 million BufferBox acquisition last month raised the possibility that it was eyeing a chance to compete with Amazon (AMZN) on the e-commerce front. But Sameer Samat, vice president of Google Shopping, told AllThingsD this week that his company doesn’t have plans of “being a retailer right now.” Samat says the BufferBox buyout was to “provide a level playing field for …

$6 billion in ‘Cyber Week’ sales sets new record

December 6th, 2011

Online spending during the week ending on December 2nd totalled nearly $6 billion according to comScore, setting a new single-week record. The market research firm on Sunday released its estimates for online spending so far during the holiday shopping season, and it is reporting significant year-on-year increases across the board. Total spending between November 1st …

Many consumers still unwilling to buy electronics online

September 17th, 2011

The advent of online shopping changed the retail industry forever, but many consumers are still not willing to shop for consumer electronics online despite potential cost savings. New data from market research firm The NPD Group shows that while nearly two-thirds of U.S. consumers use the Internet to research consumer electronics purchases, only about half …

2010 online holiday sales up 15.4% to $36.4 billion

December 24th, 2010

SpendingPulse, a MasterCard Advisors service that monitors national retail and services sales, has an early Christmas gift for all of us this year. According to tallies of MasterCard payments along with survey-based estimates for other forms of payment, MasterCard Services estimates that online spending this holiday season hit $36.4 billion in the U.S. The massive …

JP Morgan: Online holiday shopping up 22%

December 14th, 2010

In a note to investors Monday, JP Morgan analyst Imran Khan wrote that online shopping during the holiday season is up 22% so far this year compared to the same period in 2009. Khan cites a Chase Paymentech survey of 50 online retailers as his source. Online shopping during the same period in 2009 was …

Microsoft targets Google’s Achilles Heel in the online search war

September 1st, 2008

Rather than take Google head on in the search wars which given Google’s dominance is probably an impossible feat, Microsoft is honing in on Google’s weaknesses instead. This strategy is apparent in its latest acquisition announced Sunday in which Microsoft purchased Greenfield Online, owner of Europe’s largest shopping price comparison website, for a cool …