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Cyber Monday Sales Higher Than in 2008

Coremetrics is already providing Cyber Monday data. Coremetrics says 2009's Cyber Monday sales were over 13% higher than in 2008. Cyber Monday also generated 24% more sale than Black Friday. Here are some highliights.
  • Cyber Monday continued the momentum set by Black Friday. Sales were up 24.1 percent compared to Black Friday 2009.
  • Consumers spent more per online order ($180.03 versus $170.19 for an increase of 5.8 percent) compared to Black Friday 2009.
  • Sales were up 13.7 percent compared to Cyber Monday 2008.
  • The average dollar amount consumers spent per online order rose 38.2 percent from Cyber Monday 2008 ($180.03 versus $130.24), led by apparel retailers.
  • Consumers bought nearly 10 percent more items per order on Cyber Monday 2009 compared to Black Friday 2009 and nearly 30 percent more compared to Cyber Monday 2008.
  • Consumer shopping hit its peak from 9-10 a.m. PST, but maintained stronger momentum throughout the day than on Cyber Monday 2008.
A strong Cyber Monday is not a surprise given that many retailers offered big one-day only discounts and discounts are primarily what shoppers are looking for right now. Free shipping also motivates shoppers and many retailers were offering free shipping on Cyber Monday.

Tags: coremetrics | cyber-monday | black-friday | cyber-monday-2009

Posted on December 1, 2009
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