Risk
12/27/2010
01:23 PM
Connect Directly
RSS
E-Mail
50%
50%

Online Holiday Shopping Surges 15%

Mobile phones accounted for a larger share of the $36.4 billion consumers spent in November and December.

Best Mobile Apps For Busy Professionals
(click image for larger view)
Slideshow: Best Mobile Apps For Busy Professionals
Online holiday shopping roared ahead in 2010, as consumers spent 15% more than they did in the previous year. The growth was also fueled by consumers shopping using mobile phones in a big way for the first time.

MasterCard Advisors SpendingPulse said online retailers reported online sales of $36.4 billion between Oct. 31 and Dec. 23 versus the $31.5 billion that was reported in the same period last year. SpendingPulse, which measures various payment activities including online, cash, and check, said that apparel sales showed a big jump. Online apparel purchases hit 18.9% of total clothing sales this year, a 25.7% gain over last year's figures.

"This is the season of the sweater," SpendingPulse's VP for research and analysis Michael McNamara, told reporters. "What is driving this is that apparel sales online are doing well in general, represented by a shift from brick-and-mortar stores. The weather has helped, too."

Online retailer Amazon said its current Kindle model is the best-selling product in its history. Amazon bombarded its e-mailing lists with promotional offers, including free shipping, to the point that many were annoyed by the steady Amazon sales drumbeat.

In the end, everybody got into the act, from department stores and other large retailers, to traditional online shopping sites like Amazon and eBay. An Amazon mobile phone shopping app that allows shoppers to scan bar codes for pricing data helped consumers become more comfortable with ordering online with their cell phones. eBay's acquisition of app developer Critical Path Software helped the shopping and auction company attract more mobile phone users this year.

In recent years, consumers have used their mobile phones to find store locations and check pricing of items, but that has proved to be a double-edged sword for some large retailers, which are finding that some online shopping services are sending shoppers to discount sites where they can purchase items for less online than in their bricks-and-mortar stores.

Comment  | 
Print  | 
More Insights
Register for Dark Reading Newsletters
White Papers
Flash Poll
Current Issue
Cartoon
Video
Slideshows
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2014-2227
Published: 2014-07-25
The default Flash cross-domain policy (crossdomain.xml) in Ubiquiti Networks UniFi Video (formerly AirVision aka AirVision Controller) before 3.0.1 does not restrict access to the application, which allows remote attackers to bypass the Same Origin Policy via a crafted SWF file.

CVE-2014-5027
Published: 2014-07-25
Cross-site scripting (XSS) vulnerability in Review Board 1.7.x before 1.7.27 and 2.0.x before 2.0.4 allows remote attackers to inject arbitrary web script or HTML via a query parameter to a diff fragment page.

CVE-2014-5100
Published: 2014-07-25
Multiple cross-site request forgery (CSRF) vulnerabilities in Omeka before 2.2.1 allow remote attackers to hijack the authentication of administrators for requests that (1) add a new super user account via a request to admin/users/add, (2) insert cross-site scripting (XSS) sequences via the api_key_...

CVE-2014-5101
Published: 2014-07-25
Multiple cross-site scripting (XSS) vulnerabilities in WeBid 1.1.1 allow remote attackers to inject arbitrary web script or HTML via the (1) TPL_name, (2) TPL_nick, (3) TPL_email, (4) TPL_year, (5) TPL_address, (6) TPL_city, (7) TPL_prov, (8) TPL_zip, (9) TPL_phone, (10) TPL_pp_email, (11) TPL_authn...

CVE-2014-5102
Published: 2014-07-25
SQL injection vulnerability in vBulletin 5.0.4 through 5.1.3 Alpha 5 allows remote attackers to execute arbitrary SQL commands via the criteria[startswith] parameter to ajax/render/memberlist_items.

Best of the Web
Dark Reading Radio
Archived Dark Reading Radio
Sara Peters hosts a conversation on Botnets and those who fight them.