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Online Holiday Spending Reaches $16 Billion; Social Media Continues To Influence Purchases

We heard strong reports for online traffic Black Friday and Cyber Monday, but today, comScore added definitive spending numbers that indicate tha

 

Amazon Takes The Top Spot For Cyber Monday

Amazon Takes The Top Spot For Cyber Monday

Experian Hitwise just released its Cyber Monday stats, with Amazon reportedly topping the list as the most visited retail website yesterday, seeing a 44% increase in visits compared to 2008. Amazon received 15.53% of the visits among the top 500 online retail sites.

Hitwise reports that among the top 500 retail websites, the percentage of U.S.

 

‘Cyber Monday’ sales up 20 percent over '08

‘Cyber Monday’ sales up 20 percent over '08

Retail Web sites kept amping up the deals Monday, the first day after Thanksgiving weekend's strong online sales, to try to maintain the momentum.

 

Holiday Web shopping looks brighter than last year

Holiday Web shopping looks brighter than last year

Online retailers hope the convenience of the Web, plus discounts and deals, spur still-nervous shoppers to spend more online this holiday season - even as traditional retailers brace for mediocre sales....

 

A Price War Brews Between Amazon and Wal-Mart

For now, it’s a battle of discounts, but Wal-Mart’s long-term goal appears to be stopping Amazon from taking away its business.

 

Amazon Speeds Checkout with New PayPhrase Technology

Online retailer Amazon.com has just announced a new checkout system called "PayPhrase" which speeds up the process of making online purchases by allowing shoppers to enter a unique phrase and 4-digit PIN number to complete their transaction. Both the phrase and PIN are created in advance and are linked to a shipping address and preferred method of payment.

 

Wal-Mart, Amazon Book Battle Escalates

Amazon lowered its prices on hot upcoming book releases to $9, once again matching Walmart.com in an escalating price war.

 

FDA warning: Don't buy swine flu drugs online

FDA warning: Don't buy swine flu drugs online

Americans should avoid buying treatments for the H1N1 virus, commonly known as swine flu, online, the Food and Drug Administration warned.

 

Apple App Store hits 2 billion downloads

Apple App Store hits 2 billion downloads

Apple announced Monday that over 2 billion apps have been downloaded from its App Store since the e-commerce site's launch in July 2008. The company also said that there are now more than 85000 apps available.

 

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