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Cyber Monday Sales Up 16%
Black Friday may have been a disappointment but Cyber Monday saw online sale rise by 16% over last year.
This should come as good news to those retailers with online stores.
It also should be seen as an opportunity for manufacturers to promote their products through special offers and loyalty programs.
Millions of customer reviews were accessed in UK on Cyber Monday
Bazaarvoice reported that on Cyber Monday online shoppers in the UK checked out more than 24 million customer reviews, a substantial increase over the same day last year. "We are in the last days of the year for online Christmas shopping, and it is exciting to see how many shoppers are referencing the opinions of other customers when finding the perfect gift," said Andy Leaver of Bazaarvoice.
Boxing Day Sales In Full Swing
Boxing Day sales appear to have already kicked into high gear as retailers move to ensure a successful Christmas.
Mall traffic,while steady, has not brought about the marginal increase in sales that most retailers were expecting.
Consumers appear to be holding off hoping for even deeper cuts to retail prices. |