RESTON, Va., Dec 17, 2008 /PRNewswire-FirstCall via COMTEX News Network/ --

comScore (Nasdaq: SCOR), a leader in measuring the digital world, today reported its tracking of holiday season retail e-commerce spending for the first 44 days of the November - December 2008 holiday season. For the holiday season through December 14, $20.17 billion has been spent online, essentially the same level compared to the corresponding days last year. For the fourteen days beginning December 1 (Cyber Monday), the kick-off to the heaviest part of the online shopping season, sales totaled $9 billion, up 2 percent versus year ago. However, the most recent week (week ending December 14) saw e-commerce sales decline 2 percent, a sign that consumers have once again moderated their spending.

    2008 Holiday Season To Date vs. Corresponding Days* in 2007
    Non-Travel (Retail) Spending
    Excludes Auctions and Large Corporate Purchases
    Total U.S. - Home/Work/University Locations
    Source: comScore, Inc.

    Holiday Season to Date                        Millions ($)
                                     2007             2008        Pct Change
    November 1 - December 14        $20,265         $20,172            0%
    Dec. 1 (Cyber Monday) - Dec. 14  $8,781          $8,993            2%
    Dec. 8 - Dec. 14                 $4,640          $4,544           -2%

*Corresponding days based on equivalent shopping days relative to Thanksgiving (October 27 - December 7, 2007)

"It appears that the spending surge we saw immediately following Thanksgiving has given way to more moderate buying during the most recent week," said comScore chairman Gian Fulgoni. "The current week will be particularly crucial to the overall performance of the season, as we expect to see heavy spending during the final days of online buying that qualify for guaranteed delivery by Christmas."

Free Shipping Deals Critical to Online Spending in Weak Retail Economy

With free shipping becoming an increasingly important incentive for online shoppers, comScore conducted an analysis to determine the effect of free shipping on online consumer behavior this holiday season. The results show a clear correlation between consumers' use of free shipping and both the dollars spent per order and the overall growth in online spending versus last year.

Retailers offered a flurry of free shipping deals during the weeks of Thanksgiving (week ending November 30) and then the following week (week ending December 7), which included Cyber Monday promotions. Each of these weeks saw average order values climb significantly and positive spending growth versus year ago. However, when some retailers pulled back on free shipping deals during the most recent week (week ending December 14), average order values declined and the week experienced negative growth versus year ago.

    Free Shipping Analysis on Holiday E-Commerce Transactions
    Excludes Auctions and Large Corporate Purchases
    Total U.S. - Home/Work/University Locations
    Source: comScore, Inc.

    Week Ending                 Share of Total    Average Order    Weekly
                                  E-Commerce         Value on      Online
                                  Transactions     Transactions   Spending
                                 Including Free   Including Free  Growth vs.
                                    Shipping         Shipping   Corresponding
                                                                 Week in 2007
    Nov. 16, 2008                     36%              $93           -7%
    Nov. 23, 2008                     39%              $99          -11%
    Nov. 30, 2008                     42%             $120            1%
    Dec. 7, 2008                      40%             $133            7%
    Dec. 14, 2008                     38%             $104           -2%

"Over the past few years, free shipping has emerged as a critically important incentive for online shoppers, and its importance has been magnified in the current retail environment," added Fulgoni. "The most recent week has shown retailers that now is not the time to pull back on the offers that are successfully persuading consumers to spend. Fortunately, the final full week of online holiday shopping will feature an array of attractive free shipping deals, including the industry's promotion of Friday, December 18 as "free shipping day", the final day for consumers to place their orders with guaranteed delivery by Christmas Eve. Consumers will hopefully respond by once again opening their wallets to help this challenging season end on a high note."

    Weekly Online Retail Spending

    (Photo:  http://www.newscom.com/cgi-bin/prnh/20081217/AQW543)

Members of the media interested in receiving the data behind the above chart for use in a graphical representation, please contact press@comscore.com

comScore's Summary of 2008 Holiday Online Retail Spending by Key Time Period

    Online Non-Travel (Retail) Holiday Consumer Spending
    Excludes Auctions and Large Corporate Purchases
    Total U.S. - Home/Work/University Locations
    Source: comScore, Inc.
                                                   Millions ($)
                                      2007           2008         Pct Change
    January - October               $93,551        $102,144            9%
    comScore Holiday Season
     Forecast (Nov-Dec)             $29,169         $29,200**          0%**
    November 27 (Thanksgiving Day)*    $273            $288            6%
    November 28 (Black Friday)*        $531            $534            1%
    December 1 (Cyber Monday)*         $733            $846           15%

    *  Versus Corresponding Shopping Day in 2007 Relative to Thanksgiving
    ** Forecast

About comScore

comScore, Inc. (NASDAQ: SCOR) is a global leader in measuring the digital world and preferred source of digital marketing intelligence. For more information, please visit http://www.comscore.com/companyinfo.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080115/COMSCORELOGO)

SOURCE comScore, Inc.

http://www.comscore.com

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