Holiday online shopping has brought hope in times of adversity

Posted by Manuela Barreto @ December 11th, 2008 in e-Commerce

We can all agree that in time of adversity great ideas can come about and the online industry, as history shows us, can become quite innovative.

Advertising Age’s White Paper presents us with a complete study on recession-time case studies along with some of the most iconic online marketing campaigns that have succeeded during downturns from all industry sectors. Why am I saying this? Just so we can keep our chin up a bit and realize that there’s also a good side to the story.

Yes, it is indeed a dull period, however, we can say the Internet has been a soothing instrument for us and companies themselves in times of economic suppression especially in the midst of the Holiday Season. As Mike Sachoff from WebProNews puts it, holiday shopping has become a bright spot in the woeful economy.

According to comScore, through the first days of this year’s holiday shopping season up to Dec. 7th, online spending has reached up to $15.63 billion dollars. Just between December 1st and December 7th sales summed up to $4.45 billion- 7% more than last year.

“The online holiday shopping season has picked up noticeably since Thanksgiving as consumers have given in to the holiday spirit – and very attractive retailer discounts,” said ComScore chairman Gian Fulgoni, in a statement. “While this growth is certainly a positive development in this tough retail season, it also needs to be put into perspective.

This sudden awakening in spending is definitely good news and it’s bringing us all a little bit of hope regardless of the current situation. Not only that, but websites are becoming more interactive and user-friendly since Internet usage has increased.

Multiple testing of online stores has become critical for retailers. Today, most online stores have added rich-media content like videos, photos and made their sites more interactive and less complicated for users to enjoy hassle-free online purchases.

To read more about comScore’s Holiday shopping research visit www.comscore.com.

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Posts about Internet Marketing as of December 19, 2008 | The Lessnau Lounge

December 20th, 2008

[...] blog. This will help you to tailor your affiliate internet marketing to your readeras interests Holiday online shopping has brought hope in times of adversity – lab.77agency.com 12/11/2008 We can all agree that in time of adversity great ideas can come about [...]

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