Shoppers take on Black Friday from Home
I’m one of those crazy people who get up at o’ dark hundred the day after Thanksgiving to officially start my holiday shopping season. I’m in the stores by 5am with the goal of crossing everyone off my gift giving list by noon. It’s an annual tradition. But, this year the crowds seemed a little lighter to me. I actually found parking quite easily and didn’t have to wait in marathon lines at the registers. So, where was everyone? They were shopping online. comScore, Inc. just released an update of holiday season online spending. They reported that on Black Friday, shoppers spent $531 million online buying video games, toys, music, books, and goodness knows what else for their friends and family. This represents whopping 22% increase over year prior. In fact, thus far, it’s been a strong e-commerce shopping season. comScore reports that more than $9.3 billion has been spent online from November 1 – 23, up 17% over 2006. And, online retail spending was up 29% on Thanksgiving Day. So, it’s not just the football scores and stats that people are checking out.
Typically online spending on Black Friday provides a good indication of what’s to come in December. The significant increases over last year suggest that 2007 may be a good year for retailers. So what are shoppers buying? According to comScore the hottest category continues to be video games, consoles and accessories (up 134% over year prior). Furniture, appliances and equipment is up 36% followed by consumer electronics (up 21%) and sports and fitness (up 20%). According to Forrester, online was the fastest growing media in 2007 and marketers are continuing to increase their interactive ad budgets. It’s projected that by the end of this year,
As for my annual Black Friday shopping tradition, I’ve decided to try something new and shop online a day earlier next year while watching the Cowboy game on TV. Sure, I’ll still hit the malls on Friday, but my list will be a whole lot shorter.
Reader Comments.
No comments yet
Leave a Comment
Article Sponsor
More Features
-
Loading ...
Latest News
- Twitter Knows Where I Am; Gulp March 12th 2010 ADOTAS – I log in to Twitter to share with [...] more »
- WWN Has a Stopwatch on Ad Visibility March 12th 2010 ADOTAS – Considering how much time people spend online, why [...] more »
- Jumptap Offers Self Service Lane March 12th 2010 ADOTAS – Possibly inspired by those neat-o self checkout lanes [...] more »
- AdPix Barges Into the In-Image Market March 12th 2010 ADOTAS – Watch out, Image Space Media — there’s a [...] more »
- Got Funds? Todacell Scores a Cool Million March 11th 2010 ADOTAS – After securing $1 million last summer, Todacell has [...] more »
- A Custom Postcard Thanks to Your Favorite Brand March 11th 2010 ADOTAS – Handwritten letters may have been trounced in the [...] more »
- Display, but Nothing Else, Hops on YouTube Mobile Site March 11th 2010 ADOTAS – Google has officially opened the gate to display [...] more »
Features
- Amazon Leaves Colorado Affiliates Out in the Cold March 12th 2010
- Secret Salsa Recipe: The Best Digital Marketing Mix March 11th 2010
- The Basics of Brand Protection March 10th 2010
- Agencies: Working Hard or Hardly Working? March 9th 2010
- Why Big Brands Will Love the iPad March 8th 2010
Spotlight
AdBidCentral’s CEO, Vivek Veeraraghavan Talks Openly*What was the inspiration to start AdBidCentral? The conditions that inspired AdBidCentral came from a variety of factors in my personal [...] more...
Reader Favorites
Classifieds
- Sr Director, Marketing Services
- Senior Web Analyst
- Account Director
- Director of Analytics
- Manager, Business and Trade Media Relations
Recent Comments
- Gavin Dunaway: They're similar, but Ning is more a competitor to Facebook and MySpace while StumbleUpon considers
- Steve Feldman: Does StumbleUpon compete with and does essentially what Ning networks does?
- Bulent: I wonder how many of the clients would accept a media plan, that would -as
- Nickster: How about we just vote out all of these socialist big government politicians and take