Home From the Wires Sales on Cyber Monday reach new heights

Sales on Cyber Monday reach new heights

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Wednesday, December 04, 2013

 

USA Today: Avoiding brick-and-mortar stores, holiday shoppers set a new Cyber Monday sales record lured by deals on Amazon.com, eBay.com and other websites.

"Things are off to a really good start," said Scot Wingo, CEO of ChannelAdvisor, which helps merchants sell more through online marketplaces like Amazon and eBay and other web channels including Google. "Cyber Monday numbers were really impressive."

Cyber Monday sales rose 16% to a record $2.29 billion, according to Adobe Systems, which tracks activity on roughly 2,000 U.S. retail websites. IBM's Digital Analytics Benchmark, which tracks transactions from about 800 retail sites, put the sales increase at almost 21% compared to a year earlier.

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