Big Cyber Monday expected to follow strong Black Friday
Amazon.com, Wal-Mart are big Black Friday winners among online retailers, says comScore
Computerworld - If Black Friday was any indication of a move to online shopping, e-tailers on Cyber Monday may be headed to a record breaking sales day.
Today is Cyber Monday, the first work day after Thanksgiving that often finds office workers spending much of the day shopping online instead of catching up on email and paying attention in meetings.
Black Friday, the day after Thanksgiving long known for its shopping frenzy at brick-and-morter stores, was also a big day for online retailers this year.
"Despite some analysts' predictions that the flurry of brick-and-mortar retailers opening their doors early for Black Friday would pull dollars from online retail, we still saw a banner day for e-commerce with more than $800 million in spending," said comScore chairman Gian Fulgoni, in a statement. "With brick-and-mortar retail also reporting strong gains on Black Friday, it's clear that the heavy promotional activity had a positive impact on both channels."
ComScore, an online traffic tracker, noted that Black Friday brought in $816 million in U.S. online sales, making it the heaviest online spending day to date this year. Friday's online sales revenues represented a 26% spending increase compared to the same day last year.
During the overall 2011 holiday season to date, U.S. shoppers have spent $12.7 billion online, up 15% compared in 2010, comScore also reported.
"We now turn our attention to Cyber Monday, a day that Shop.org says will see eight-in-ten retailers running special online promotions," said Fulgoni. "Last year, Cyber Monday was the heaviest day of online spending ever, with sales exceeding $1 billion, and we fully expect to see another record set this year."
Which online retailers are doing well - really well - so far this year?
According to comScore, Amazon.com was the top online retailer on Black Friday. Wal-Mart, BestBuy, Target and Apple rounded out the top five respectively.
"Each of the top online retailers generated significantly greater Black Friday activity compared to last year," said Fulgoni.
"Amazon.com once again led the pack, with 50% more visitors than any other retailer, while also showing the highest growth rate versus last year. However, it is telling that the top multi-channel retailers also showed strong growth in visitors, demonstrating the importance of the online channel to the retail industry as a whole," he added.
Sharon Gaudin covers the Internet and Web 2.0, emerging technologies, and desktop and laptop chips for Computerworld. Follow Sharon on Twitter at
@sgaudin, or subscribe to Sharon's RSS feed
. Her e-mail address is sgaudin@computerworld.com.
Read more about E-business in Computerworld's E-business Topic Center.
- 10 Hot Big Data Startups to Watch
- 11 Unique Uses for Google Glass, Demonstrated by Celebs
- How to Export Your Google Reader Account
- How to Better Engage Millennials (and Why They Aren't Really so Different)
- Telltale signs of ATM skimming
- 20 security and privacy apps for Androids and iPhones
- Big screen con artists: 7 great movies about social engineering
- IT Certification Study Tips
- Register for this Computerworld Insider Study Tip guide and gain access to hundreds of premium content articles, cheat sheets, product reviews and more.
- Anticipate, Engage and Deliver Exceptional Web Experiences IBM Customer Experience Suite and IBM Intranet Experience Suite help organizations delight customers through a consistently exceptional web experience and empower employees with...
- Top Three Reasons Why Customers Deploy EMC VNX with EMC VPLEX What if you could build a cost effective, continuously available storage infrastructure? Learn the top reasons users are deploying EMC VNX with EMC...
- Clearing the Clouds for Midmarket Businesses The 10-point checklist included in this expert brief has been developed to help small and midsize businesses select the cloud model and cloud...
- Perforce Case Study Learn how EMC cost-effectively transformed their infrastructure and improved storage performance by 60% by unifying storage, deploying virtualization and leveraging Flash to meet...
- Live Webcast
The Success Network: Driving Business Forward - The communications and connectivity infrastructure of your organization is the focus of this KnowledgeVault Exchange, sponsored by Comcast Business.
- The Success Network: Driving Business Forward The communications and connectivity infrastructure of your organization is the focus of this KnowledgeVault Exchange, sponsored by Comcast Business.
- Virtustream (Vayence) video taking a 3000-Seat SAP Environment to the Cloud How can public cloud services help your organization reduce costs and increase security for your mission All E-business White Papers | Webcasts