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Web Retailers Expect Brisk 'Cyber Monday'

The New York Times has a piece this morning looking at an anticipated brisk day of sales for 'Cyber Monday'. The Monday after Black Friday gained the moniker last year, based on increased online sales from 2004 and 2005. Advertisers, now once again fans of the web, have a lot to smile about as well. Specifically targeted ads have already been purchased for today, in hopes of increasing sales. This year, online retailers are expecting a jump in the range of 20% (as they did last year). From the article: "Patti Freeman Evans, an analyst with JupiterResearch, a technology consulting firm, said online sales this year would reach the $100 billion threshold for the first time. Online sales, she added, would probably constitute 6 percent of total holiday merchandise sales. Some of that online growth comes from new shoppers. According to a recent Jupiter survey, 114 million online users planned to buy something online this holiday season, a 6 percent jump from last year. The National Retail Federation said 47 percent of consumers would make at least one holiday purchase online this year, up from 36 percent three years ago."

5 of 75 comments (clear)

  1. Re:Who the hell... by $RANDOMLUSER · · Score: 2, Funny

    Some random editor, or producer in the case of TV, searching for a cute phrase for a headline or pre-commercial teaser. Then the rest of the journalists, being the original, free-thinking, creative, independant lemmings that they are, follow him off the cliff.

    --
    No folly is more costly than the folly of intolerant idealism. - Winston Churchill
  2. Re:Cyber, eh? by spellraiser · · Score: 3, Funny

    Didn't you get the memo? They're putting the bubble back together again.

    --
    I hear there's rumors on the Slashdots
  3. Sweet! by Zadaz · · Score: 2, Funny

    Mmmm... Cyber Monkey...

    Just in time for Christmas!

  4. Re:It makes perfect sense by eighty4 · · Score: 1, Funny

    ... says the guy browsing slashdot? :)

  5. Re:Consume, Citizen. Consume! by 14CharUsername · · Score: 3, Funny

    You call that rationalizing? I'm sure you can do better than that. Try this:

    The scientists are only like 99% sure of this global warming thing, so I'll continue live in that 1% margin of error where I can drive my SUV an hour each way to work. If we run out of oil we'll just say that venezuela or canada has WMDs or something. I work hard all day browsing the internet and posting on web forums. I deserve to have brand name clothes made by children in some sweatshop somewhere. I need that cell phone made from materials mined by slaves in africa so I can text message my votes for american idol, which I watch on my Plasma HDTV. Sure I'd like to give money to charity, but you know they'll just waste it. Only my opinion matters, everyone who disagrees with me is a hypocrite. People should either be rich enough to not care about the world or poor enough to not have the means to criticize the way world works.

    Now that's how you rationalize.