Welcome!

Cognitive Computing Authors: Liz McMillan, Yeshim Deniz, Shelly Palmer, Elizabeth White, Rajeev Kozhikkattuthodi

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
To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. In his session at @BigDataExpo, Jack Norris, Senior Vice President, Data and Applications at MapR Technologies, reviewed best practices t...
Smart cities have the potential to change our lives at so many levels for citizens: less pollution, reduced parking obstacles, better health, education and more energy savings. Real-time data streaming and the Internet of Things (IoT) possess the power to turn this vision into a reality. However, most organizations today are building their data infrastructure to focus solely on addressing immediate business needs vs. a platform capable of quickly adapting emerging technologies to address future ...
In his Opening Keynote at 21st Cloud Expo, John Considine, General Manager of IBM Cloud Infrastructure, led attendees through the exciting evolution of the cloud. He looked at this major disruption from the perspective of technology, business models, and what this means for enterprises of all sizes. John Considine is General Manager of Cloud Infrastructure Services at IBM. In that role he is responsible for leading IBM’s public cloud infrastructure including strategy, development, and offering m...
"Evatronix provides design services to companies that need to integrate the IoT technology in their products but they don't necessarily have the expertise, knowledge and design team to do so," explained Adam Morawiec, VP of Business Development at Evatronix, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
In his session at 21st Cloud Expo, Raju Shreewastava, founder of Big Data Trunk, provided a fun and simple way to introduce Machine Leaning to anyone and everyone. He solved a machine learning problem and demonstrated an easy way to be able to do machine learning without even coding. Raju Shreewastava is the founder of Big Data Trunk (www.BigDataTrunk.com), a Big Data Training and consulting firm with offices in the United States. He previously led the data warehouse/business intelligence and B...
The 22nd International Cloud Expo | 1st DXWorld Expo has announced that its Call for Papers is open. Cloud Expo | DXWorld Expo, to be held June 5-7, 2018, at the Javits Center in New York, NY, brings together Cloud Computing, Digital Transformation, Big Data, Internet of Things, DevOps, Machine Learning and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding busin...
Nordstrom is transforming the way that they do business and the cloud is the key to enabling speed and hyper personalized customer experiences. In his session at 21st Cloud Expo, Ken Schow, VP of Engineering at Nordstrom, discussed some of the key learnings and common pitfalls of large enterprises moving to the cloud. This includes strategies around choosing a cloud provider(s), architecture, and lessons learned. In addition, he covered some of the best practices for structured team migration an...
Recently, REAN Cloud built a digital concierge for a North Carolina hospital that had observed that most patient call button questions were repetitive. In addition, the paper-based process used to measure patient health metrics was laborious, not in real-time and sometimes error-prone. In their session at 21st Cloud Expo, Sean Finnerty, Executive Director, Practice Lead, Health Care & Life Science at REAN Cloud, and Dr. S.P.T. Krishnan, Principal Architect at REAN Cloud, discussed how they built...
With tough new regulations coming to Europe on data privacy in May 2018, Calligo will explain why in reality the effect is global and transforms how you consider critical data. EU GDPR fundamentally rewrites the rules for cloud, Big Data and IoT. In his session at 21st Cloud Expo, Adam Ryan, Vice President and General Manager EMEA at Calligo, examined the regulations and provided insight on how it affects technology, challenges the established rules and will usher in new levels of diligence arou...
No hype cycles or predictions of a gazillion things here. IoT is here. You get it. You know your business and have great ideas for a business transformation strategy. What comes next? Time to make it happen. In his session at @ThingsExpo, Jay Mason, an Associate Partner of Analytics, IoT & Cybersecurity at M&S Consulting, presented a step-by-step plan to develop your technology implementation strategy. He also discussed the evaluation of communication standards and IoT messaging protocols, data...
22nd International Cloud Expo, taking place June 5-7, 2018, at the Javits Center in New York City, NY, and co-located with the 1st DXWorld Expo will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud ...
22nd International Cloud Expo, taking place June 5-7, 2018, at the Javits Center in New York City, NY, and co-located with the 1st DXWorld Expo will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud ...
DevOps at Cloud Expo – being held June 5-7, 2018, at the Javits Center in New York, NY – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Among the proven benefits,...
@DevOpsSummit at Cloud Expo, taking place June 5-7, 2018, at the Javits Center in New York City, NY, is co-located with 22nd Cloud Expo | 1st DXWorld Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. 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...
Cloud Expo | DXWorld Expo have announced the conference tracks for Cloud Expo 2018. Cloud Expo will be held June 5-7, 2018, at the Javits Center in New York City, and November 6-8, 2018, at the Santa Clara Convention Center, Santa Clara, CA. Digital Transformation (DX) is a major focus with the introduction of DX Expo within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive ov...
SYS-CON Events announced today that T-Mobile exhibited at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. As America's Un-carrier, T-Mobile US, Inc., is redefining the way consumers and businesses buy wireless services through leading product and service innovation. The Company's advanced nationwide 4G LTE network delivers outstanding wireless experiences to 67.4 million customers who are unwilling to compromise on qua...
SYS-CON Events announced today that Cedexis will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Cedexis is the leader in data-driven enterprise global traffic management. Whether optimizing traffic through datacenters, clouds, CDNs, or any combination, Cedexis solutions drive quality and cost-effectiveness. For more information, please visit https://www.cedexis.com.
SYS-CON Events announced today that Google Cloud has been named “Keynote Sponsor” of SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Companies come to Google Cloud to transform their businesses. Google Cloud’s comprehensive portfolio – from infrastructure to apps to devices – helps enterprises innovate faster, scale smarter, stay secure, and do more with data than ever before.
SYS-CON Events announced today that Vivint to exhibit at SYS-CON's 21st Cloud Expo, which will take place on October 31 through November 2nd 2017 at the Santa Clara Convention Center in Santa Clara, California. As a leading smart home technology provider, Vivint offers home security, energy management, home automation, local cloud storage, and high-speed Internet solutions to more than one million customers throughout the United States and Canada. The end result is a smart home solution that sav...
SYS-CON Events announced today that Opsani will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Opsani is the leading provider of deployment automation systems for running and scaling traditional enterprise applications on container infrastructure.