OMEN
01-01-2009, 01:02 PM
It's the first year-over-year decline since Internet sales tracking began in 2001
) U.S. online sales during this year's full holiday season fell 3%, according to comScore Inc., marking the first year-over-year decline since the Internet research company began tracking e-commerce in 2001.
U.S. consumers spent $25.5 billion online between Nov. 1 and Dec. 23, compared with $26.3 billion during a similar period last year, from Oct. 27 through Dec. 18, according to comScore. Dec. 23 was the last day to purchase with the possibility of delivery by Christmas Eve, the company said.
The results fell short of comScore's prediction before the season, which had called for flat sales. Although there were some hopeful moments for online retailers, such as a year-over-year sales increase of 15% for the Monday after the U.S. Thanksgiving holiday, the weak economy slowed consumers down, according to comScore. There also were five fewer shopping days between Thanksgiving and Christmas, the company noted.
The bad news went beyond just the holiday season. The fourth quarter as a whole will mark the first quarter since 2001 with lower online sales than a year earlier. Sales for Oct. 1 through Dec. 28 were about $36.8 billion, down 4% from $38.4 billion in the fourth quarter of 2007, the company said.
But shoppers visited online stores more often during the holidays, with total unique visitors to all stores between Dec. 1 and 24 rising 5% to just under 180 million.
The top e-commerce site in visits remained eBay, with 85.4 million unique visitors, but it suffered a 4% drop from a year earlier, comScore said. The sites operated by Amazon.com Inc. came in second, with more than 76 million, an increase of about 7%. Wal-Mart.com trailed in third place, with 51.5 million, but it gained 4% from the previous year.
The biggest winners in drawing shoppers were computer makers: Hewlett-Packard Co. gained 28%, and the number of unique visitors to Apple Inc., which had the fifth most-popular online store overall, grew 19%. But the ailing Dell Inc. had 17% fewer visitors during the holidays this year.
IDG
) U.S. online sales during this year's full holiday season fell 3%, according to comScore Inc., marking the first year-over-year decline since the Internet research company began tracking e-commerce in 2001.
U.S. consumers spent $25.5 billion online between Nov. 1 and Dec. 23, compared with $26.3 billion during a similar period last year, from Oct. 27 through Dec. 18, according to comScore. Dec. 23 was the last day to purchase with the possibility of delivery by Christmas Eve, the company said.
The results fell short of comScore's prediction before the season, which had called for flat sales. Although there were some hopeful moments for online retailers, such as a year-over-year sales increase of 15% for the Monday after the U.S. Thanksgiving holiday, the weak economy slowed consumers down, according to comScore. There also were five fewer shopping days between Thanksgiving and Christmas, the company noted.
The bad news went beyond just the holiday season. The fourth quarter as a whole will mark the first quarter since 2001 with lower online sales than a year earlier. Sales for Oct. 1 through Dec. 28 were about $36.8 billion, down 4% from $38.4 billion in the fourth quarter of 2007, the company said.
But shoppers visited online stores more often during the holidays, with total unique visitors to all stores between Dec. 1 and 24 rising 5% to just under 180 million.
The top e-commerce site in visits remained eBay, with 85.4 million unique visitors, but it suffered a 4% drop from a year earlier, comScore said. The sites operated by Amazon.com Inc. came in second, with more than 76 million, an increase of about 7%. Wal-Mart.com trailed in third place, with 51.5 million, but it gained 4% from the previous year.
The biggest winners in drawing shoppers were computer makers: Hewlett-Packard Co. gained 28%, and the number of unique visitors to Apple Inc., which had the fifth most-popular online store overall, grew 19%. But the ailing Dell Inc. had 17% fewer visitors during the holidays this year.
IDG