comScore Networks Reports Continued Surge in Late-Season Holiday E-Commerce Spending
RESTON, Va., December 20, 2006 -- comScore Networks, a leader in measuring the digital age, today released its estimates of consumer online non-travel (retail) spending at U.S. sites for the 2006 holiday season through Monday, December 18. During the first 48 days of the holiday season, total online retail spending reached $20.65 billion, marking a 25-percent increase versus the corresponding days in 2005.
2006 Holiday Season To Date vs. Corresponding Days in 2005 Non-Travel (Retail) Spending Excludes Auctions and Large Corporate Purchases Source: comScore Networks |
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Billions ($) |
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Holiday Season to Date |
2005 |
2006 |
Pct Change |
November 1 - December 18 |
$16.46 |
$20.65 |
25% |
"The strategy of luring holiday shopping procrastinators with extended shipping guarantees paid off handsomely for online retailers," said Gian Fulgoni, chairman of comScore Networks. "Consumers spent more than $643 million during the weekend of December 16-17, up 34 percent versus the corresponding days last year. Monday, December 18 saw $525 million in spending, which marked a 28-percent increase. That we are seeing above-average growth rates this late in the holiday season is clear evidence that consumers have strong faith in the ability of online retailers to 'deliver the goods.' "
Twelve Days of Pre-Christmas Sales Ring up More than a Partridge in a Pear Tree
Online retailers enjoyed a bountiful holiday season as twelve days exceeded the $600 million threshold. In comparison, the highest day in for online retail spending during 2005 was on Monday, December 12, with $556 million spent. In 2006, the highest single-day total was $667 million on Wednesday, December 13, followed by Monday, December 11 ($661 million) and Monday, December 4 ($647.5 million). Interestingly, Monday, November 27 ("Cyber Monday") was the twelfth-highest spending day for the season.
Top 12 Days of 2006 Holiday E-Commerce Shopping, Ranked by Dollars Spent Non-Travel (Retail) Spending Excludes Auctions and Large Corporate Purchases 2006 Holiday Season to Date (Nov. 1 - Dec. 18) Source: comScore Networks |
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Rank | Date | E-Commerce Spending ($ Millions) |
1 | Wednesday, December 13 | $666.9 |
2 | Monday, December 11 | $660.8 |
3 | Monday, December 4 | $647.5 |
4 | Friday, December 8 | $638.2 |
5 | Thursday, December 14 | $634.4 |
6 | Wednesday, December 6 | $630.6 |
7 | Thursday, December 7 | $629.4 |
8 | Friday, December 15 | $623.9 |
9 | Tuesday, December 12 | $619.8 |
10 | Tuesday, December 5 | $612.3 |
11 | Tuesday, November 28 | $608.2 |
12 | Monday, November 27 - "Cyber Monday" | $607.6 |
Weekly Online Holiday Retail Sales
Please contact press@comscore.com to receive the data behind the above for use in graphical representation.
comScore Networks 2006 E-Commerce Forecast
Online Non-Travel Holiday Consumer Spending |
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Billions ($) |
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2005 |
2006 |
Pct Change |
|
January - October |
$62.6 |
$77.5 |
24% |
Holiday Season (Nov-Dec) |
$19.6 |
$24.6* |
25%* |
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Contact:
>Andrew Lipsman
>comScore Networks
>(312) 775-6510
>press@comscore.com