Tag: comscore

An analysis of comScore data has revealed that 14 percent of all consumer disposable income was spent online.

A report issued by comScore, based on an analysis of their data has shown that the holiday season was working out to be a successful one for the majority of retailers, as spending was slightly higher than had been anticipated, partly because of the contribution of mobile shopping.

Desktop and laptop based shopping had increased by 15 percent from November 1 to December 21.

That was higher than the predicted increase by comScore, which had been 14 percent, and was higher than the growth that was recorded over the same period of time in 2013, which was 10 percent. That figure included the contribution made by mobile commerce, which represented about half of the online traffic during that time. comScore has reported that they estimate that over 2013, the 2014 m-commerce was up by about 25 percent. Total retail commerce was recorded at 17 to 18 percent higher than it was in 2013.

comScore estimated that during the fourth quarter, desktop and mobile shopping would take up 14 percent of discretionary spending.

Mobile commerce has been experiencing an especially large growth and, according to the data from comScore, it has been boosting the shift toward online spending that has been taken by consumers. In terms of holiday spending penetration, it now represents about 15 percent.

According to figures from Outperform, the large retailer, Target, has made its way up to include itself among the top online retail sites throughout the most important shopping period of the year. In fact, it was ranked as being in fourth place, in 2014. This was greatly driven by the Cartwheel mobile app. comScores data revealed that 62 percent of the visits to Target over mobile were generated through that app, which rivals Amazon.com, the current e-commerce leader (at which 66 percent of visits are mobile based).

The average percentage of online visits from mobile shopping consumers is 30 percent, according to comScore, showing that target is well above that level. It is clear that the retailer’s strategy to use the Cartwheel app to target the Millennial generation is proving to be highly effective, so far (particularly as it was offering free shipping during the holidays).

Retailers are reporting promising results from the holiday shopping weekend

The most significant retail holiday in the United States, Black Friday, has come and gone and many retailers saw a spike in total sales thanks to mobile commerce. Wal-Mart reported that it experienced the best three-day online shopping period it has seen in recent history and the company’s experience is being echoed by others that have adopted a focus on the digital space. According to a report from comScore, e-commerce sales throughout the United States surpassed $1 billion for the first time.

Total retail sales are lower this year than they were in 2013

While more people are shopping online, especially from their mobile devices, the retail sector has encountered some turbulence this year. Total retail sales for the holiday shopping weekend were down this year when compared to the results of 2013, according to the National Retail Federation. Many consumers opted to avoid physical stores in favor of mobile and e-commerce, while others opted to avoid holiday shopping altogether. The exact reasons behind lower retail sales this year and not entirely clear.

E-commerce is thriving among consumers interested in convenient shopping solutions

The report from comScore notes that consumers are shopping more from their personal computers and mobile devices. The report shows that shopping from a PC increased by 32% on Thanksgiving Day and 26% on Black Friday. Throughout November, purchases made from desktop computers rose by 15%. The report suggests that mobile commerce accounted for approximately 2% of all digital sales made during the holiday shopping weekend.

Mobile commerce has helped some retailers find success

The report also shows that e-commerce spending reached $1.009 billion this year, higher than the $766 million reported last year. Shopping online has become quite popular among consumers because of the convenience that it offers. When shopping at home from a computer, consumers can avoid the chaotic crowds that flock to retail stores on Black Friday. This convenience can also be found through mobile commerce, which allows people to purchase the products they are interested in at any time, no matter where they may be.