More than 85 percent of the world’s online population has used the internet to make a purchase - increasing the market for online shopping by 40 percent in the past two years - according to the latest Nielsen Global Online Survey on internet shopping habits, reports MarketingCharts.
On average, each consumer plans to spend $122.98 on Valentine’s Day (similar to last year’s $119.67) resulting in total Valentine’s Day spending to reach $17.02 billion*, according to the National Retail Federation’s 2008 Valentine’s Day Consumer Intentions and Actions Survey, conducted by BIGresearch, MarketingCharts reports.
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The president and chief executive of the struggling Sears Holding Corp., Aylwin Lewis, will step down this week, as the company announces it has entered a “new phase of evolution” as a multichannel retailer.
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American Eagle Outfitters is launching a brand, targeted toward children ages two to 10, that will sell trendy, high-quality clothing and accessories.
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Online shopping in the U.K. grew 54 percent in 2007 over 2006, according to the Internet Marketing in Retail (IMRG) Capgemini E-Retail Sales Index.
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For men 18 and older, TV advertising is no longer the main influencer in purchasing decisions - just 22 percent say it is (down 8 points), compared with 24 percent who now cite advertising inserts as the most influential medium, according to the Customer Focus: Decade of Data report from Vertis Communications, MarketingCharts reports.
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Some $29.2 billion was spent online during the 2007 holiday season, a 19 percent gain versus the same period last year, according to comScore’s final update of e-commerce holiday spending (Nov. 1 - Dec. 31), reports MarketingCharts.
eMarketer has issued predictions for 2008 in key online areas, including those related advertising, videos, social networks, e-commerce and entertainment, saying online advertising will ride out potential economic storms in the U.S. - and YouTube will decide political elections - reports MarketingCharts.
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Nearly $28 billion has been spent online during the season to date - a 19 percent gain versus the corresponding days last year, according to a comScore update of holiday season e-commerce spending for the first 57 days of the 2007 holiday season (Nov. 1 - Dec. 27), writes MarketingCharts.
Customer satisfaction with online retail during the 2007 holiday season is down slightly from last year, according to the Holiday 2007 edition of the ForeSee Results Top 40 Online Retail Satisfaction Index, writes MarketingCharts.
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Though there are many who would love to see FCC chair Kevin Martin dethroned now that his two pet proposals have gained FCC approval, he says he will stick around until the end of President Bush’s time in office.
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Since moving online, travel guides have more fully met the needs of niche readers, reports The International Herald Tribune (via MarketingVOX).
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“Green Monday,” coined by eBay to describe the second Monday in Dec. as the heaviest online spending day of the season, may well live up to that claim: U.S. retail e-commerce on Dec. 10 totaled $881 million (up 33 percent vs. last year) - and a record as the heaviest online spending day ever, comScore said (via MarketingCharts).
This holiday season consumers want two things when they are shopping - a good friend and a good cause - according to (pdf) the American Marketing Association, which said social networking and cause-related marketing are top holiday trends, writes MarketingCharts.
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Thursday, Dec. 6, accounted for $803 million in online sales, up 28 percent versus a year ago - and the heaviest online spending day in history, according to comScore’s update of holiday season e-commerce spending for the first 37 days (Nov. 1 - Dec. 7) of the 2007 holiday season, writes MarketingCharts.
Gift recommendations dominate online holiday discussions on blogs and range from one-off reviews to comprehensive shopping guides, according to (pdf) a Nielsen Online analysis of 1,000 influential blogs* during November, writes MarketingCharts.
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Google was the most-visited property in the U.K. in October, with 29.1 million unique visitors age 15 or older, and reaching 90 percent of the total U.K. internet audience, according to a comScore World Metrix report on the most-visited and fastest-growing properties, reports MarketingCharts.
The deadline to place orders for ground shipping with delivery by Christmas is on or before December 18, according to most retailers.
One in four internet users read consumer-generated reviews online, which then have a big impact - affecting not only what they purchase offline but also how much they are willing to pay for it, according to a new study conducted by comScore with The Kelsey Group, reports MarketingCharts.
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Traffic to the Hitwise 100 Retail Index, composed of the top 100 retail websites, received 5.07 percent of all U.S. visits on Nov. 26 (Cyber Monday) - an increase of 26 percent compared with last year’s Cyber Monday, which received 4.02 percent of visits, Hitwise reported (via MarketingCharts).
