2009 Cyber Monday – sales are up
Posted by: Curtis Stevens on December 1st, 2009

CNN reports that Cyber Monday sales for 2009 are up 14% compared to last year.  This is great news for the economy and retail industry.  The report mentioned that consumers were more excited about shopping online than compared to retail stores on Friday.  The report also mentioned that the average order was up 30% as well.  This is great momentum for ecommerce businesses.  This will also have a direct impact on credit card processing providers. They will see their merchant’s volume up for November & December, which will mean more revenue for them. We can’t wait to see how it turns out. Electronics seem to be a big seller this year, like the Kindle from Amazon. Amazon mentioned last month was the biggest sales ever for the Kindle in its two year history. Another merchant mentioned selling out of the iPhone fairly quickly. The price was about $40 less than 200. There was also over 4 million shoppers a minute according to the report. It peaked at over 5 million around 8:30 CST. This makes complete sense to me as I noticed the grocery store was abnormally empty. I was wondering where everyone was and had the thought that Cyber Monday was playing a role, but this confirms it. I thought most people shopped during the day at work! :)

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