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Dropship News: Ecommerce Holiday Spending Hits Record Highs!

 

dropship newsIf you have a dropship home business, you might be interested in hearing that ecommerce holiday spending this season has hit all time record highs!

A recent survey released by ComScore  shows some exceedingly encouraging stats for etail merchants!

This is good info to have because it’s not only a sure indicator that the long recession of dreary economic forecasts is finally lightening and consumers once again have some extra money to spend, but that these consumers are beginning to feel comfortable enough about the economy to spend it.

Stats from ComScore Survey

Take a look at some of these findings from the just released ComScore survey based on the first 44 days of the November and December holiday buying period:

  • For the holiday season-to-date $33.8 billion has been spent online, marking a 13-percent increase versus the corresponding days last year.

 

  • The most recent workweek saw four individual days eclipse $1 billion in spending, led by Green Monday with $1.275 billion.         

 

  • For the 2012 holiday season-to-date, eleven individual days have surpassed $1 billion in online retail sales, already surpassing last year’s record of ten shopping days.

 

  • Cyber Monday (Nov. 26, 2012) currently ranks as the heaviest online spending day of the season – and in history – at $1.465 billion.

 

  • Tuesday, Dec. 4, 2012 ranks second with $1.362 billion, followed by Monday, Dec. 10, 2012 (Green Monday) with $1.275 billion, Tuesday, Nov. 27, 2012 with $1.263 billion and Monday, Nov. 28, 2011 (Cyber Monday 2011) with $1.251 billion.


Here is what ComScore chairman Gian Fulgoni had to say about this holiday online shopping season to date:

“This past workweek saw four days surpass the billion dollar spending threshold during the heaviest five-day online shopping period on record. With this most recent week in the books, the peak spending period may now be in our rear-view-mirror – but the online holiday shopping season is not over yet. We should have one more headline day on Free Shipping Day this Monday the 17th as the procrastinators among us scramble to order gifts in time for Christmas next week. For the season-to-date, the growth rate based on corresponding days last year is 13 percent. But, with two extra shopping days between Thanksgiving and Christmas this year, we still expect that the full season will realize a growth rate well north of 13 percent.”

These ComScore graphs illustrate the increase in ecommerce since last year:

ecommerce dropship

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Your Dropship Sales Forecast

What do these figures mean to your dropship sales?

Simply put, they forecast a bright future for anyone with a home business in online sales, such as dropshipping. When consumer spending rises, every merchant, both online and off, benefits.

So, if you have been sort of keeping a low profile and not trying to branch out much or experiment with new dropship products because you were afraid the time wasn’t right for this type of venture into the unknown---cast that hesitation aside and start dreaming up new pathways to profit for your online dropship business!

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