Thursday, January 6, 2011

Research and Markets: Online Holiday Sales Forecast: Optimism Is in the Air


DUBLIN--(BUSINESS WIRE)--Research and Markets  has announced the addition of eMarketer's new report "Online Holiday Sales Forecast: Optimism Is in the Air" to their offering.


Growth forecasts of total retail sales (the vast majority of which are in-store) are in the range of 2% to 3.5%, making this the best holiday season for retailers since 2006. Consumers will open their wallets a little more this year, but they will also remain value-driven and highly price-conscious.US online holiday season sales will reach $38.5 billion (excluding travel) in 2010, up 14.3% over 2009. This will be the second straight year of double-digit growth after online sales plunged 7.9% during the 2008 holiday season.
The divergent fortunes of online and brick-and-mortar stores are magnified during the holiday shopping season. Consumers seeking convenience, selection and great deals are shifting a larger share of their purchases to the internet, especially to cope with difficult economic times.
Key questions this report answers:
  • What is the outlook for online holiday sales this year compared with recent years?
  • What is the mind-set of consumers and retailers this holiday season?
  • Why do ecommerce sales grow at a higher rate than total retail sales?
Key Topics Covered:
  • Executive Summary
  • Key Questions
  • The eMarketer View
  • Online Holiday Shopping Forecast
  • Holiday Shopping Outlook
  • National Retail Federation
  • Online Holiday Sales Forecast
  • Comparative Ecommerce Estimates
  • Retailers Expectations
  • Conclusions
  • Endnotes
  • Related Information and Links
Companies Mentioned:
  • BIGresearch
  • comScore Inc.
  • Deloitte
  • eMarketer
  • International Council of Shopping Centers
  • Kantar Retail
  • Lazard Freres & Co.
  • MasterCard Advisors
  • National Retail Federation (NRF)
  • Shop.org
  • the e-tailing group

Contacts

Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Permalink: http://www.businesswire.com/news/home/20110105005858/en/Research-Markets-Online-Holiday-Sales-Forecast-Optimism



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