Cyber Monday Sales Up 15%
Posted on December 5, 2008PC Magazine reports that data from ComScore shows a 15% improvement in Cyber Monday sales for 2008 when compared to 2007. Web cash registers recorded $846 million in sales, a solid jump from the $733 million generated in 2007. Websites like Shop.org's CyberMonday.com led the sales charge with categorized deals and hourly specials.
The jump in sales is a good sign for what has been a very bad economic period. The big question is what happens during the rest of December? Is Cyber Monday an exception because people were simply looking for the best deals or will the buying continue at a +15% pace above last year for the rest of the holiday shopping period.