Tuesday morning, Cyber Monday sales results were reported and online traffic increased 58% over last year and sales rose 19%, according to the International Business Machines Corp. Online retail giant Amazon and eBay showed most of that increase as buyers headed to their websites.
Tablets and smartphones were the largest searched for items and retailers with deals on them benefited the most. The early reporting Cyber Monday sales numbers were tracked until 9 p.m. Monday night. New sales numbers will be released Tuesday, according to Bloomberg.
Retail stores sales fell from last year over the long Black Friday weekend. For more on that story, click here.
Predictions for the total 2013 holiday sales show an increase of as much as 15%, but so far this holiday season these numbers haven’t been seen for the in-store sales.
Mobile devices were responsible for 16% of the online purchases on Cyber Monday.
Ron Josey, an analyst at JMP Securities said Monday:
“The results thus far from an e-commerce perspective have been very strong -- certainly strong relative to brick-and-mortar stores. This is the first holiday season where mobile is absolutely having its mark on overall retail sales, whether that’s from a smartphone or a tablet. It’s not going away.”
During Cyber Monday sales, Amazon sales rose 0.1 percent and eBay sales gained 0.4.
A huge spike in eBay sales occurred Friday morning and was unanticipated. See the link below for more on that story.
The Apple Store Black Friday sale caused some confusion when customers attempted to use the ad that Apple promoted and stores were not prepared for last minute changes to the sale. See the link below for more information.
Target, Walmart and Best Buy are calling their Cyber Monday sale Cyber Week and their deals began this weekend and will continue all week with different items on sale every day.
To read information about the Cyber Monday sale at Amazon that started today, click here.
For secrets, tips and tricks, and getting the best deals during the holiday season, click here.
To read about a poll that shows most Americans prefer to stay home on Thanksgiving day and not shop, click here.
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