Get Listed in PROMO Sourcebook

Nov 29, 2005 6:02 AM

Black Friday Fruitful for Online Retailers

Millions of shoppers across the country may have camped out in front of retail stores on Black Friday in a bid to get first pick at the sales, but millions more sat at home and booted up the Net.

The number of online shoppers jumped 29% to 17.2 million unique audiences, compared to 13.3 million last year on Black Friday, according to Nielsen//NetRatings, an Internet media and market research company.

The company cited the high costs of gasoline for the jump as well as the growth of the Internet as a "vital component" in holiday shopping.

"Black Friday officially kicks off the holiday shopping season," said Heather Dougherty, senior retail analyst, Nielsen//NetRatings." And while many shoppers headed out to the stores over the weekend, the majority first turned to the Internet to check prices and product availability."

Ebay topped the list as the most visited site on Black Friday, with 9.5 million unique visitors. Amazon followed at 4.6 million, then Wal-Mart at 3.4 million. Target and Best Buy rounded out the top five online shopping destinations, attracting 2.9 million and 2.1 million unique audiences respectively. These same retailers led the top shopping destinations last year as well.

Toys and videos topped shopping lists and was the fastest growing retail category on Black Friday, with 152% week-over-week growth. Following was consumer electronics (142%) and computer hardware/software (102%).

"The toys and video games category experienced the largest increases in traffic fueled by the release of the Xbox 360 and the continued popularity of portable game consoles," Dougherty said. "The consumer electronics and computer hardware categories also attracted holiday shoppers to the Web to research and purchase this year's hottest gift items, including flat-screen TV's, iPods and other MP3 players. Price slashing and heavy demand will drive significant sales in these categories this holiday season."

Yesterday, Cyber Monday, was expected to drive additional growth for retailers who are offering plenty of online promotions such as free shipping and incentives.


:: Renew / Subscribe to PROMO Magazine::
DON'T MISS AN ISSUE!

PROMO Magazine provides insights into using promotion marketing as strategic, measurable component of an overall marketing mix. DON'T MISS OUT on "how-to" information on strategies and tactics successful marketers use to improve product sales and brand image.

 
A panel of professionals answers your questions. Submit your questions.
 
  Michael McKelvie
Gift Cards and Reward Cards


 
  Bob Bell
Tie-in Partnerships


 
  Dave Hunt
Rebates


 
  Bruce Hollander
Sweepstakes


 
  Joel Parent
Interactive


 
  Become an Expert
More Info

Promo Newsletters

PROMO Premium & Incentives

PROMO's P&I E-newsletter is the bi-weekly source providing insights on the latest products, innovations, company news, launches, and more. As the premiums and incentives industry continues to grow, the P&I E-newsletter keeps you informed about developments that affect your business and gives you a better perspective on this multi-billion dollar industry.

View Sample Subscribe

PROMO Xtra

To stay ahead in today's fast paced promotion industry, marketers and agency execs turn to PROMO Xtra, the must-read e-newsletter from the editors of PROMO. Sent out three times each week, PROMO Xtra keeps them up-to-date on the latest news, ideas, mergers, campaigns, launches, and more.

View Sample Subscribe

Special Report on Email

Get the E-mail Credit You Deserve


Executive summary:
How important is it that your e-mail campaigns get white listed? Well, look at it this way: How important is it that your messages get delivered?
Download the full report

Sponsored By:

Featured Webinar

Know your Customer - Grow your Business with Targeted Email Marketing


In an industry littered with competition and product variation, promotional suppliers, event marketers, agencies, and other promotional vendors need to re-evaluate the ways in which they collect data and communicate with potential customers. No longer are recipients tolerating irrelevant marketing materials, via email or any other medium. Sending relevant, targeted offers that they WANT to receive is essential in order to acquire new customers and grow your business.
Learn more now...

RESOURCES: Helping You Find Solutions

Find me... an AGENCY


GET LISTED IN PROMO'S SOURCEBOOK


Find me... a SUPPLIER

  • PROMO SOURCEBOOK
    Suppliers by Name Category

I need to find/post... a JOB OPENING


2007 Sampling Program Planner

Sponsored by IDR

Find me... new PRODUCTS


Ask the EXPERTS


I need... a GOOD READ


Browse Back Issues
Back to Top

Browse Back Issues

Browse Back Issues