e up nearly 10% of online shopping traffic on Black Friday this year while the iPhone brought in almost 9% and Google (GOOG) powered Android devices accounted for 5.5%. Aside from making direct purchases, consumers were using their iPhones, iPads, and Android devices to compare prices in order to get the best deals. That meant using apps such as BuyVia, Red Laser, Amazon Price Check, Decide, and ShopSavvy among others.
Online retailers had their biggest day ever on Cyber Monday as holiday shoppers drove sales up 30% vs. the same day last year according to IBM. Leading the charge were online sales for department stores, which according to IBM were up 43% compared to year ago levels. Overall, mobile sales were up 96% compared to those in 2011 with the iPad taking the top spot as it drove more than 7% of online shopping. Cementing the use of mobile devices this past weekend, eBay’s (EBAY) PayPal shared that it was 196% more mobile payment volume on Cyber Monday 2012 than Cyber Monday 2011. Experian also shared its findings for the two most searched for products through most of Cyber Monday were Amazon’s Kindle Fire and Deckers Outdoor’s (DECK) UGG boots.
And that for the first few days of the 2012 holiday shopping season.
ComScore (SCOR)’s 2012 holiday season forecast calls for online shopping to not only take share in of overall spending, but the digital measuring company sees online shopping growing even faster than last year. ComScore forecasts online retail spending for the shop watch online November December period will reach $43.4 billion, a 17% gain versus year ago. Here comes the perspective that compares to last season’s 15% increase and the in consumers’ overall spending this holiday season.
So with all of these retailers and product vendors competing for consumer dollars with online and mobile taking share, what companies are best positioned?
From my vantage point, I tend to look at pain points as a way to invest. The rise of online shopping be it mobile or at the desktop gives rise to two key questions how do you pay and how do you receive the goods that you’ve purchased be it used luxury watches a Kindle Fire or a pair of UGG boots?
Putting aside my MacBook Air for a minute and connecting the dots, one has to recognize that plain and simple, goods need to reach the person that ordered them. And to me that means seasonal bumps in demand for the shipping and delivery services from United Parcel Service (UPS) and FedEx (FDX). While most people think that their credit and debit maurice lacroix mens watch cards are issued from, the two companies that generate revenue by charging fees to our customers for providing transaction processing and other payment related services on the cards and other devices that carry their brands are Visa (V) and MasterCard (MA). Every time used luxury watches you pay with a credit or debit card swipe, enter in those numbers online or pay with them using your mobile device those two companies are making money.
Last Friday, the day after Thanksgiving, was Friday, which marks the beginning of the holiday shopping season. This coming week, there w