Posted by admin on Dec 05, 2010

 

Black Friday and Cyber Monday were a successful beginning to this year’s online holiday shopping season.  On line transactions for Cyber Monday were up 60% over last year, totaling 4.89 million compared to 3.06 million last year.

Internet transactions and sales jumped higher on the Tuesday after Cyber Monday.  Tuesday transactions were 7.24 million, an increase of 15% over the 6.3 million from last year.  Average tickets dropped slightly, to $55 from $60 last year.

Black Friday, the shopping day after Thanksgiving, nearly doubled from last year.  Transactions were 4.17 million compared with 2.23 million from last year.

Mobile phones accounted for 3.9% of online shopping traffic and 2.25% of sales on Monday. Mobile traffic on Friday was higher, at 5.56% of traffic and 3.18% of sales.

More online retailers than ever are offering free shipping.  Free shipping is one of the most important features of online shopping for buyers.

Online sales are a bright spot in the general economic downturn of this past year.  Shoppers are embracing the convenience of internet shopping, saving money on gas and avoid the crowds at shopping centers.

For more information about online payment processing, visit paynetsecure.net

Categories