Welcome!

Search Authors: Liz McMillan, Elizabeth White, Aditya Banerjee, Sematext Blog, Jnan Dash

News Feed Item

PriceGrabber® reveals holiday shopping trends and top products over Thanksgiving weekend

Black Friday turns into a week of discounts and deals

LOS ANGELES, Nov. 30, 2012 /PRNewswire/ -- Leading shopping site PriceGrabber.com® today revealed the latest online shopping behavior and trends over the busiest shopping period of the year.  The findings indicated that Black Friday has turned into "Black Week," with sales starting earlier and deals extending later. PriceGrabber experienced a 14 percent year-over-year growth in traffic this year from Thanksgiving until Cyber Monday, signifying that more consumers are using the internet for research, price comparison and purchasing gifts. As expected, Cyber Monday was PriceGrabber's biggest day last weekend with 20 percent more traffic than Black Friday. Consumer shopping behavior is based on PriceGrabber data and website analytics from Nov. 22 to Nov. 26, 2012.

(Photo: http://photos.prnewswire.com/prnh/20121130/LA21637-INFO

"This year, Black Friday leaked into Thanksgiving and extended into the weekend, while Cyber Monday deals were stretched to Tuesday, as we saw strong online activity starting on Thanksgiving Day and continuing throughout the week," said Steve Krenzer, CEO of PriceGrabber.com. "We expect this 'Black Week' trend to continue next year, as retailers try to get in front of consumers earlier, and keep them engaged by offering compelling deals throughout the week – which is great news for shoppers. As a result of this new trend, shoppers this season had more time to take advantage of discounts, resulting in a consistent year-over-year growth in visits and page views."

Mobile device traffic increases
Shoppers are taking advantage of having the internet in their back pocket. Traffic from smartphones and tablets have increased significantly compared to 2011, with 27 percent of total traffic originating through a mobile device over the Thanksgiving weekend, an increase of over 116 percent compared to the same period in 2011. It is worth noting that on Black Friday, PriceGrabber saw significantly more mobile traffic than on Cyber Monday. Increased mobile volume was an indication of some show-rooming and price matching but consumer intent stayed strong as sales completion rate was within the normal range for mobile devices.

Top category trends
Tablets and eReaders were among the highest growth channels this holiday weekend, with an 81 percent year-over-year traffic increase, and a modest 3 percent decline in average order price driven by the introduction of lower cost tablets such as the iPad Mini®. Smartphones were also among the highest growth categories with 60 percent year-over-year increase in volume and a 16 percent drop in average price compared to last year. Other popular categories included headphones with a 51 percent year-over-year growth in volume and an average price of $162.

The TV category was the top searched page over the weekend and PriceGrabber saw huge discounts with the average price declining by 10 percent year-over-year.  However, volume stayed relatively flat compared to last year, showing that the discounts did not result in increased demand. The price of digital cameras increased by 14 percent this year to an average of $612. We believe this increase is due to the introduction of higher end SLR cameras. However, overall traffic declined by 6 percent, indicating that improved smartphone cameras are taking share from the expensive SLRs. MP3 Players and GPS devices experienced the sharpest decline in traffic with almost 40 percent fewer visits this holiday weekend compared to last year.

TRENDING PRODUCTS (Nov. 22 to Nov. 26, 2012)

Tablets
The Latitude™ ST from Dell® was the most popular product and tablet over the weekend, followed closely by the Samsung® Galaxy Tab® 2. PriceGrabber also saw high activity on the Asus® Google® Nexus 7® and the iPad®.

TVs
Samsung® was the top brand with the UN46EH5000 46" LED TV, the UN32EH4003F 32" LED TV and the PN51E530 51" Plasma TV. The Mitsubishi® WD-73C12 73" DLP Projection TV was also among the most popular TVs.  

Shoes
Both men and women's running shoes were extremely popular this year. Specifically there was high activity on New Balance® Men's MT810 trail running shoes in black/yellow. There was also high activity on outerwear, such as windbreakers, jackets, and fleece pullovers. 

Cameras
The Canon® EOS Rebel® T3i™ and T4i™ Camera Kits with 18-55mm lens were among the most popular products this year. The Nikon® D5100™ and D3100™ models of the black SLR digital camera kit with 18-55mm lens were also among the most popular cameras, followed by the Nikon® D7000™16.2 Megapixel Digital SLR Camera Body, as well as the Nikon® Coolpix® P510™ Black Digital Camera.

Toys
The Elf on the Shelf® Boy and activity book was the number one toy, followed by the Mini® power quad ride-on, LEGO® Ninjago® Epic Dragon Battle, and Hot Wheels® 3 Lane Plug In. The Hasbro® Furby®, Monster High® dolls, Easy Bake Oven®, Lionel Trains® The Scout® Steam Train Starter Set, and the Mattel® Barbie® Dream House Bundle were also among the top toys over Black Friday weekend.

Video Games
The top console was the Xbox 360® Black 250GB Console Kinect® Adventures Special Edition Bundle, also ranked in the top ten top products overall. In the video game category, the Wii® U Black 32 GB Console Deluxe Set was the second most popular console. Top games include Just Dance 4®, God of War® Saga Collection, Borderlands 2®, Madden NFL 13™, Assassin's Creed® 3, Skylanders® Giants Starter Kit, and Marvel Avengers®: Battle for Earth.

About PriceGrabber.com®
PriceGrabber is a leading online shopping site with more than 23 million unique shoppers monthly. At PriceGrabber, savvy shoppers can instantly find and compare over 80 million products and services across 25 categories with more than 11,000 merchants. Compare products side by side to find the right retailers at the best prices within popular categories, such as Digital Cameras, TVs, Electronics, Computers, Clothing, Books, and more. PriceGrabber provides shoppers with the right product from the right merchant at the best price anytime, anywhere. Visit us at http://www.pricegrabber.com.

To view all of PriceGrabber's 2012 holiday press releases, visit:
http://www.pricegrabber.com/about.php?about=press

Infographics from PriceGrabber's 2012 holiday surveys and press releases:
INFOGRAPHIC 7: http://i.pgcdn.com/images/infographics/blackweek.jpg
INFOGRAPHIC 6: http://i.pgcdn.com/images/infographics/holiday3_infographic2.jpg
INFOGRAPHIC 5: http://i.pgcdn.com/images/infographics/holiday3_infographic1.jpg
INFOGRAPHIC 4: http://i.pgcdn.com/images/infographics/holiday2_infographic2.jpg
INFOGRAPHIC 3: http://i.pgcdn.com/images/infographics/holiday2_infographic1.jpg
INFOGRAPHIC 2: http://i.pgcdn.com/images/infographics/Holiday1_Infographic2.jpg
INFOGRAPHIC 1: http://i.pgcdn.com/images/infographics/Holiday1_InfoGraphic1.jpg 

Legal Disclaimer:
All images, trademarks and copyrights are the property of their respective owners.

SOURCE PriceGrabber.com

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
The Industrial Internet revolution is now underway, enabled by connected machines and billions of devices that communicate and collaborate. The massive amounts of Big Data requiring real-time analysis is flooding legacy IT systems and giving way to cloud environments that can handle the unpredictable workloads. Yet many barriers remain until we can fully realize the opportunities and benefits from the convergence of machines and devices with Big Data and the cloud, including interoperability, data security and privacy.
The Internet of Things is tied together with a thin strand that is known as time. Coincidentally, at the core of nearly all data analytics is a timestamp. When working with time series data there are a few core principles that everyone should consider, especially across datasets where time is the common boundary. In his session at Internet of @ThingsExpo, Jim Scott, Director of Enterprise Strategy & Architecture at MapR Technologies, discussed single-value, geo-spatial, and log time series data. By focusing on enterprise applications and the data center, he will use OpenTSDB as an example t...
The industrial software market has treated data with the mentality of “collect everything now, worry about how to use it later.” We now find ourselves buried in data, with the pervasive connectivity of the (Industrial) Internet of Things only piling on more numbers. There’s too much data and not enough information. In his session at @ThingsExpo, Bob Gates, Global Marketing Director, GE’s Intelligent Platforms business, to discuss how realizing the power of IoT, software developers are now focused on understanding how industrial data can create intelligence for industrial operations. Imagine ...
Cultural, regulatory, environmental, political and economic (CREPE) conditions over the past decade are creating cross-industry solution spaces that require processes and technologies from both the Internet of Things (IoT), and Data Management and Analytics (DMA). These solution spaces are evolving into Sensor Analytics Ecosystems (SAE) that represent significant new opportunities for organizations of all types. Public Utilities throughout the world, providing electricity, natural gas and water, are pursuing SmartGrid initiatives that represent one of the more mature examples of SAE. We have s...
There is no doubt that Big Data is here and getting bigger every day. Building a Big Data infrastructure today is no easy task. There are an enormous number of choices for database engines and technologies. To make things even more challenging, requirements are getting more sophisticated, and the standard paradigm of supporting historical analytics queries is often just one facet of what is needed. As Big Data growth continues, organizations are demanding real-time access to data, allowing immediate and actionable interpretation of events as they happen. Another aspect concerns how to deliver ...
Scott Jenson leads a project called The Physical Web within the Chrome team at Google. Project members are working to take the scalability and openness of the web and use it to talk to the exponentially exploding range of smart devices. Nearly every company today working on the IoT comes up with the same basic solution: use my server and you'll be fine. But if we really believe there will be trillions of these devices, that just can't scale. We need a system that is open a scalable and by using the URL as a basic building block, we open this up and get the same resilience that the web enjoys.
The Internet of Things will greatly expand the opportunities for data collection and new business models driven off of that data. In her session at @ThingsExpo, Esmeralda Swartz, CMO of MetraTech, discussed how for this to be effective you not only need to have infrastructure and operational models capable of utilizing this new phenomenon, but increasingly service providers will need to convince a skeptical public to participate. Get ready to show them the money!
The 3rd International Internet of @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that its Call for Papers is now open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
Cloud Expo 2014 TV commercials will feature @ThingsExpo, which was launched in June, 2014 at New York City's Javits Center as the largest 'Internet of Things' event in the world.
"People are a lot more knowledgeable about APIs now. There are two types of people who work with APIs - IT people who want to use APIs for something internal and the product managers who want to do something outside APIs for people to connect to them," explained Roberto Medrano, Executive Vice President at SOA Software, in this SYS-CON.tv interview at Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Media announced that Splunk, a provider of the leading software platform for real-time Operational Intelligence, has launched an ad campaign on Big Data Journal. Splunk software and cloud services enable organizations to search, monitor, analyze and visualize machine-generated big data coming from websites, applications, servers, networks, sensors and mobile devices. The ads focus on delivering ROI - how improved uptime delivered $6M in annual ROI, improving customer operations by mining large volumes of unstructured data, and how data tracking delivers uptime when it matters most.
DevOps Summit 2015 New York, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete at launch. DevOps may be disruptive, but it is essential.
Wearable devices have come of age. The primary applications of wearables so far have been "the Quantified Self" or the tracking of one's fitness and health status. We propose the evolution of wearables into social and emotional communication devices. Our BE(tm) sensor uses light to visualize the skin conductance response. Our sensors are very inexpensive and can be massively distributed to audiences or groups of any size, in order to gauge reactions to performances, video, or any kind of presentation. In her session at @ThingsExpo, Jocelyn Scheirer, CEO & Founder of Bionolux, will discuss ho...
“With easy-to-use SDKs for Atmel’s platforms, IoT developers can now reap the benefits of realtime communication, and bypass the security pitfalls and configuration complexities that put IoT deployments at risk,” said Todd Greene, founder & CEO of PubNub. PubNub will team with Atmel at CES 2015 to launch full SDK support for Atmel’s MCU, MPU, and Wireless SoC platforms. Atmel developers now have access to PubNub’s secure Publish/Subscribe messaging with guaranteed ¼ second latencies across PubNub’s 14 global points-of-presence. PubNub delivers secure communication through firewalls, proxy ser...
We’re no longer looking to the future for the IoT wave. It’s no longer a distant dream but a reality that has arrived. It’s now time to make sure the industry is in alignment to meet the IoT growing pains – cooperate and collaborate as well as innovate. In his session at @ThingsExpo, Jim Hunter, Chief Scientist & Technology Evangelist at Greenwave Systems, will examine the key ingredients to IoT success and identify solutions to challenges the industry is facing. The deep industry expertise behind this presentation will provide attendees with a leading edge view of rapidly emerging IoT oppor...
The 3rd International Internet of @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that its Call for Papers is now open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
Connected devices and the Internet of Things are getting significant momentum in 2014. In his session at Internet of @ThingsExpo, Jim Hunter, Chief Scientist & Technology Evangelist at Greenwave Systems, examined three key elements that together will drive mass adoption of the IoT before the end of 2015. The first element is the recent advent of robust open source protocols (like AllJoyn and WebRTC) that facilitate M2M communication. The second is broad availability of flexible, cost-effective storage designed to handle the massive surge in back-end data in a world where timely analytics is e...
"There is a natural synchronization between the business models, the IoT is there to support ,” explained Brendan O'Brien, Co-founder and Chief Architect of Aria Systems, in this SYS-CON.tv interview at the 15th International Cloud Expo®, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
The Internet of Things will put IT to its ultimate test by creating infinite new opportunities to digitize products and services, generate and analyze new data to improve customer satisfaction, and discover new ways to gain a competitive advantage across nearly every industry. In order to help corporate business units to capitalize on the rapidly evolving IoT opportunities, IT must stand up to a new set of challenges. In his session at @ThingsExpo, Jeff Kaplan, Managing Director of THINKstrategies, will examine why IT must finally fulfill its role in support of its SBUs or face a new round of...
The BPM world is going through some evolution or changes where traditional business process management solutions really have nowhere to go in terms of development of the road map. In this demo at 15th Cloud Expo, Kyle Hansen, Director of Professional Services at AgilePoint, shows AgilePoint’s unique approach to dealing with this market circumstance by developing a rapid application composition or development framework.