The results are in! 2012 was a record-breaking year for eCommerce and Cyber Monday was no different. Overall 2012 saw an increase in online holiday sales, with Thanksgiving increasing whopping 32% more than 2011 and Cyber Monday spending increasing 17%. So just how big was Cyber Monday?
Happy Cyber Monday! Since its inception in 2005, Cyber Monday has been online retailers favorite and craziest day of the year. Experts predict that consumers will spend more online today than any other day of the year - an expected $1.42 Billion. As the below infographic shows, consumers are going to be scouring social media to find the best deals which means merchants need to leverage their social communities to share their virtual-door-buster deals. Here are some last minute Cyber Monday[...]
Happy Cyber Monday! We hope that your online store's sales have soared this weekend! According to an IBM survey, online sales this past Friday were up 24.3% compared to last year, and those sales most likely will continue to grow. Last year's Cyber Monday was the the biggest day for online retail to date, raking in $1 billion in the United States alone!!
As the holiday season approaches, ecommerce merchants are gearing up to make most out of the opportunity. But will this year’s sales meet our holiday expectations?
We are optimistic about this year’s holiday season. Despite the gloomy state of global economy, ecommerce sales have shown growth over the past few months. MasterCard Advisors’ Spending Pulse report estimates ecommerce retail sales to grow at 12-14% this year compared to last year. All signs point towards yet another windfall[...]