2007 Online Holiday Shopping Season Report

[mandy]

2007 Online Holiday Shopping Season Surpasses $29 Billion In Sales, Up 19 Percent Versus Year Ago...

Fastest Growing Product Categories in 2007 Holiday Season

Video games, consoles & accessories was the fastest growing online retail category, jumping 129 percent versus the 2006 holiday season, with popular consoles like Nintendo Wii and Sony PlayStation and games like Halo 3 driving strong sales in the category. Furniture, appliances & equipment (up 67 percent), event tickets (up 24 percent) and consumer electronics (up 23 percent) also experienced above average growth. After seeing substantial softness early in the season, online apparel sales picked up considerably in the latter part of the season, finishing up 18 percent. Meanwhile, sales of jewelry & watches declined marginally versus year ago as rising costs in precious metals like gold and platinum may have dampened consumer demand.

full article: http://www.comscore.com/press/release.asp?press=1990