By Jilly:
So far this Holiday season, online retail sales have jumped 30% over last year’s total volume (according to statistics from the Chase Paymentech Pulse Index).
Online sales volumes over the post-Thanksgiving weekend were up 38% year-on-year according to the index. On “Cyber Monday,” while we were all at work, sales volumes for 10 retail websites tracked by Chase reached $104.8 million!
Based on this late November / early December activity- consumers are expected to leverage the value and convenience of online shopping. According to President and CEO of Chase Paymentech ; “If previous years’ results are to be used as a barometer, we will see an increase of last-minute shopping taking place from December 18- 20, as Americans place orders that can be delivered in time for the Christmas holiday.” With all these sale notifications littering my email inbox lately, I’m not surprised! Allright, I gotta get back to shopping…oops, I mean work.
Paymentech Index [Chase]
Image: Abandon Cart [Flikr user CrazyBobcat]
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