Newsletters
Customer Relationship Management News NewsFactor Sites:       NewsFactor.com     Enterprise Security Today     CRM Daily     Business Report     Sci-Tech Today  
   
Home CRM Systems Customer Service Business Intelligence Sales & Marketing More Topics...
Get Recognized.
Let an ISACA® certification
enhance your career.

Register for an Exam Today
Sales & Marketing
See data differently
Average Rating:
Rate this article:  
This Year
This Year's Cyber Monday Bigger Than Ever

By Barry Levine
November 26, 2012 10:43AM

Bookmark and Share
Shop.org also runs the CyberMonday.com Web site, which features promotions from more than 800 retailers, as well as a Deal of the Hour throughout the day. Participating stores include Sears.com, Dell Home, Kohl's, Sephora.com, QVC.com, RedEnvelope and others. Cyber Monday sales are expected to rise 12 oercent to 20 percent over last year.
 



This year's Cyber Monday promises to be the biggest yet.

According to a survey conducted by Shop.org, the industry organization that began Cyber Monday in 2005 as an online shopping event after the Thanksgiving weekend, about 129 million Americans plan to shop for Cyber Monday sales, an increase of nearly 7 million over last year. In 2010, about 106 million shopped online on this occasion. The organization estimated that about 85 percent of retailers will feature a special promotion for Cyber Monday.

Industry observers project that online holiday sales could rise by 12 percent to 20 percent this year over last year. On Black Friday -- the day after Thanksgiving, when brick-and-mortar stores kick off their holiday shopping season -- nearly 60 million Americans shopped online, boosting e-commerce over $1 billion for the first time and rising 26 percent over last year. Industry research firm comScore has projected total sales for Cyber Monday will reach $1.5 billion.

'Honed and Improved'

Vicki Cantrell, Shop.org executive director, said in a statement that retailers have "honed and improved their Web sites, mobile sites and social media outreach" for Cyber Monday. Shop.org also runs the CyberMonday.com Web site, which features promotions from more than 800 retailers, as well as a Deal of the Hour throughout the day. Participating stores include Sears.com, Dell Home, Kohl's, Sephora.com, QVC.com, RedEnvelope and others.

The continuing growth of mobile shopping is reflected in the use of smartphones and other mobile devices to take advantage of this year's Cyber Monday sales, with 14.4 percent more -- or 20.4 million -- shoppers expected to use those devices this year, compared with 17.8 million last year. In 2009, that number was only 3.8 million shoppers.

Most shoppers -- 88 percent, according to Shop.org's survey -- will use their home computers for the day's shopping, while 12.4 percent will shop from work.

'Tally-Ho'

Laura DiDio, an analyst with Information Technology Intelligence Consulting, said that it appeared the center of gravity of holiday shopping in the U.S. could be shifting toward online, "albeit somewhat slowly," as mobile devices make it easier to shop while avoiding the crush of unruly crowds.

"Thanksgiving marks the 'tally-ho' of the shopping race," she said.

DiDio told us that, even as online shopping grows every year, there are "still people who like the thrill of the hunt" in finding a sale item while physically shopping in a store.

Shop.org, a division of the National Retail Federation, was founded in 1996 and has 600 corporate members, including the 10 largest U.S. retailers. The organization began Cyber Monday in 2005 after retailers started noticing a boost in online shopping on the Monday after Thanksgiving. Just as Black Friday has become the official kickoff of the in-store holiday shopping season, so Cyber Monday has become the beginning of the online equivalent.

This year's survey was conducted on the Friday and Saturday after Thanksgiving, and polled 4,005 consumers.
 

Tell Us What You Think
Comment:

Name:



You have the experience and skills, let an ISACA® certification demonstrate your value. Our certifications announce that you have the expertise and insight to speak with authority. ISACA certification is more than a credential; it's a platform that can elevate your career. Register for an Exam Today.


 Sales & Marketing
1.   Visa Intros Online Payment Service
2.   Facebook Testing Buy Button
3.   Opera Software To Buy AdColony
4.   Facebook Buys Video Ad Biz LiveRail
5.   Small Biz Learns Recession Lessons


advertisement
Opera Software To Buy AdColony
As mobile video ad market balloons.
Average Rating:
Small Biz Learns Recession Lessons
Rebuilding smarter, more tech-savvy.
Average Rating:
Aerohive Helps Engage Retail Buyers
Apps for in-store customer engagement.
Average Rating:
Product Information and Resources for Technology You Can Use To Boost Your Business

Network Security Spotlight
Wall Street Journal Hacked Again
Hacked again. That’s the story at the Wall Street Journal this week as the newspaper reports that the computer systems housing some of its news graphics were breached. Customers not affected -- yet.
 
Dropbox for Business Beefs Up Security
Dropbox is upping its game for business users. The cloud-based storage and sharing company has rolled out new security, search and other features to boost its appeal for businesses.
 
34 European Banks Hit by Android-Skirting Malware
Criminals have been finding gaping holes in Android-based two-factor authentication systems that banks around the world are using. The result: 34 banks in four European countries have been hit.
 
New Web Tracking Technologies Defeat Privacy Protections
Recently developed Web tracking tools are able to circumvent even the best privacy defenses, according to a new study by researchers at Princeton and the University of Leuven in Belgium.
 
Juniper DDoS Solution Aims at High-IQ Networks
In the face of more complex attacks, Juniper Networks is boosting its DDoS Secure solution to help companies mitigate the threats with more effective security intelligence throughout the network fabric.
 
Large-Volume DDoS Attacks Hit Record in 2014
The number of distributed denial-of-service (DDoS) attacks set a record in the first half of 2014, according to a report by Arbor Networks. The number of attacks over 20 GB/sec doubled.
 
Can Google Put an End to Zero Day Flaws?
Google wants the Internet-using world to know that security is a top priority. That’s the message behind Project Zero, a team of researchers on the prowl for cyber threats and bugs.
 
U.N.: Nations Hide Rise in Private Digital Snooping
Governments on every continent are hiding an increasing reliance on private companies to snoop on citizens' digital lives, the U.N. human rights office says, with grave concerns about privacy.
 
Google Sends Hacker Team to Hunt Bugs
If it takes a thief to catch a thief, Google is hoping that it takes a hacker to catch a hacker. Project Zero is a team of top security researchers whose job is to track down zero-day vulnerabilities.
 
Russian Hackers Attack CNET Database
It’s hardly Anonymous, but the results are similar. CNET was attacked by Russian hackers over the weekend. Twitter user @rev-priv8 put up an image of an apparent remote access to a CNET.com server.
 
FBI Cyber-Expert Is Ex-Discount Furniture Salesman
J. Keith Mularski's world has expanded greatly since he stopped selling discount furniture to join the FBI in 1998. He is now recognized as one of the country's foremost experts on cybercrime.
 
Chinese Man Accused of Hacking into U.S. Computers
Authorities have charged a Chinese businessman with hacking into the computer systems of U.S. companies with large defense contracts, including Boeing, to steal data on military projects.
 
Report: Chinese Hackers Hit U.S. Personnel Networks
Hackers from China broke into the computer networks of the U.S. Office of Personnel Management earlier this year with the intention of accessing the files of tens of thousands of federal employees.
 

Enterprise Hardware Spotlight
Microsoft Makes Design Central to Its Future
Over the last four years, Microsoft has doubled the number of designers it employs, putting a priority on fashioning devices that work around people's lives -- and that are attractive and cool.
 
Contrary to Report, Lenovo's Staying in Small Windows Tablets
Device maker Lenovo has clarified a report that indicated it is getting out of the small Windows tablet business -- as in the ThinkPad 8 and the 8-inch Miix 2. But the firm said it is not exiting that market.
 
Seagate Unveils Networked Drives for Small Businesses
Seagate is out with five new networked attached storage products aimed at small businesses. The drives are for companies with up to 50 workers, and range in capacity from two to 20 terabytes.
 
Another Day, Another Internet of Things Consortium Is Born
In the emerging Internet of Things, zillions of devices will be talking to each other. Samsung, Intel and Dell just formed a consortium to ensure each thing can understand what others are saying.
 
Gartner Sales Study Sees Tablets Up, PCs Down but Recovering
Are PCs on the comeback trail? That depends on how you define "comeback." While tablet sales remain strong, Gartner's latest study found PC shipments aren't dropping as fast as they did last year.
 
Oracle Unveils Upgrades to ZS3 Storage Server Line
Enhancements to the ZFS Storage ZS3 Series were released by Oracle Wednesday, enabling the ZS3-2 to handle more than 16,000 virtual machine boots from a single platform in less than 7 minutes.
 
Intel Heralds New Xeon Server Chip, Most Powerful Ever
It’s called Knights Landing and it’s the most powerful version of Intel’s Xeon Phi supercomputing processor. The chip is set to be available in commerical systems in the second half of 2015.
 
Review: Warming Up to Tablets with Keyboard Covers
If you've ever thought tablets with keyboard covers were just a poor excuse for a laptop, think again. Nokia's Lumia 2520 comes with an optional keyboard cover that just may change your mind.
 
Facebook Unveils Wedge Open-Source Network Switch
It turns out Facebook is into networking that is more than just social, unveiling an open-source, software-defined networking switch that could ultimately disrupt the networking equipment market.
 
Review: Microsoft Surface Pro 3 an iPad Alternative
When Microsoft announced the Surface, the tablet was unsuccessfully pitched as an iPad alternative. Now it's being marketed to consumers as a replacement for both their iPads and MacBooks.
 
Schneider Electric Unveils Data Center Power Modules
New modules for data center electricity needs are being offered by Schneider Electric. The company described the new prefabricated approach as "revolutionary" in its flexibility and customization.
 
Broadcom Unveils XLP500 Series with SDN in Mind
With so much focus on software-defined networks, Broadcom is expanding its XLP II multi-core communications processors line to meet evolving industry needs with the XLP500 Series.
 
Best of Interop 2014 Finalists Announced
Judges have chosen finalists for this year's Best of Interop awards, with winners to be named April 1 in Las Vegas. The nine categories include networking, mobility, security, cloud and data storage.
 
Cisco Telecom Router Ready for Internet Traffic Flood
The Carrier Routing System-X unveiled by Cisco for the telecom industry is a 400 Gbps per slot system that can be expanded to nearly 1 petabit per second, enough to deal with the coming flood in demand.
 
Interop: Networking Leaders Demo Shortest Path Bridging
Avaya, Alcatel-Lucent, Spirent and HP are teaming to endorse Shortest Path Bridging for fabric networking, and they're demonstrating their multi-vendor network for the first time at Interop Las Vegas.
 

Navigation
CRM Daily
Home/Top News | CRM Systems | Customer Service | Business Intelligence | Sales & Marketing | Contact Centers | Customer Data | CRM Press Releases
NewsFactor Network Enterprise I.T. Sites
NewsFactor Technology News | Enterprise Security Today | CRM Daily

NewsFactor Business and Innovation Sites
Sci-Tech Today | NewsFactor Business Report

NewsFactor Services
FreeNewsFeed | Free Newsletters

About NewsFactor Network | How To Contact Us | Article Reprints | Careers @ NewsFactor | Services for PR Pros | Top Tech Wire | How To Advertise

Privacy Policy | Terms of Service
© Copyright 2000-2014 NewsFactor Network. All rights reserved. Article rating technology by Blogowogo. Member of Accuserve Ad Network.