Peak online shopping moves closer to Christmas

Posted on Saturday, November 18 2006 @ 17:19 CET by Thomas De Maesschalck

Retailers report the peak in online shopping is moving a bit closer to Christmas as express shipping becomes more popular, cheaper and also faster. One of the first peaks is noticed on "Cyber Monday", the day after Thanksgiving.

"You're seeing the difference between the shipping deadlines and the (shopping) peaks come closer and closer to Christmas," said Heather Dougherty, an analyst at Nielsen/Net Ratings.

Market research firm comScore says December 12 or 13 tends to be when most online dollars are spent.

Last year, online shoppers spent $556 million on December 12, compared with $485 million spent on Cyber Monday, which was the ninth-heaviest shopping day. Shoppers spent $305 million online on the Friday after Thanksgiving, comScore said.

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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