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Sales up nearly 20 percent compared to last year
Cyber Monday delivered another boost to the 2010 shopping season with online sales up 19.4 percent compared to 2009, according to Coremetrics, an IBM Company. In its third annual Cyber Monday Benchmark Report, Coremetrics reports that the average online order value also grew 8.3 percent, from $180.03 to $194.89.
Across sectors, luxury saw big gains, as affluent shoppers drove sales of luxury goods up 24.3 percent.
"Cyber Monday came in as the biggest shopping day of the year so far," says John Squire, chief strategy officer, IBM Coremetrics. "Consumers this year appear much more willing to open their wallets and are turning to online stores for the convenience of shopping wherever and whenever they like, but also as their primary source of information about products and inventory levels."
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I was able to enjoy the Cyber Monday shopping. I took out a payday loan to have some extra budget for this. It was all worth it, I spent my money for the things I really want to have. I hope there will be another online shopping event like this soon. It was really convenient and hassle free.