Retail Intelligence: “2013 will be remembered as the year online went mobile”

December 7, 2013
Profitero
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Cyber Monday was reported to have been the biggest online shopping day ever as more consumers went online to make their holiday purchases. However, this year marked a clear shift in shopping preferences as smartphones and tablets drove nearly a third of traffic – and for some retailers such as Walmart, more than half.

According to data from IBM Digital Analytics Benchmark, US shoppers made Cyber Monday the biggest online shopping day in history – with mobile sales leading the way.

With mobile devices increasingly used by shoppers to research product information and check prices, IBM data reveals that actual sales from mobile devices and tablets exceeded 17 percent of total online sales, an increase of 55.4 percent year-on-year.

“We continue to see a dramatic movement of the new digitally savvy consumer as Cyber Monday once again proved to be the star of this holiday shopping season”, said Jay Henderson of IBM. “The mobile device has become the shopping companion of choice for consumers, driving record mobile sales.”

Meanwhile, Joel Anderson, CEO of Walmart.com, said that he expected more than half of Cyber Monday’s online traffic to have come from mobile devices, with mobile accounting for 55% of traffic to Walmart.com on Black Friday, leading him to comment, “I think 2013 will be remembered as the year online went mobile.”

eMarketer expects Mcommerce to account for $41.7 billion in sales this holiday season. With growing numbers of shoppers using mobile devices to research products, check prices and then make a purchase, staying price competitive across all channels will be increasingly essential for retailers.

Discover how Profitero delivers critical online pricing intelligence to more than 40 global retailers so they can provide the most competitive prices in the marketplace. Email us at sales@profitero.com or visit www.profitero.com to ensure you price right this holiday season in order to grow sales and increase margins.

Profitero.com: Web based competitor price monitoring for retailers and brands

About Profitero

Profitero is the leading global provider of online competitor pricing data. We provide both bricks & mortar and online retailers with their competitors’ prices, promotions and full product assortment information. Profitero’s accurate and timely competitor intelligence enables our customers to make better informed and more profitable pricing decisions, helping them to increase sales as well as margins.

More than 40 global retailers, including Staples, Sam’s Club, Tesco, Waitrose and Ocado, rely on Profitero Price Intelligence to:

  • Benchmark competitor prices
  • Manage their prices and promotions
  • Attract price sensitive shoppers
  • Negotiate better with suppliers.

Our pricing data can be seamlessly integrated into price optimization solutions such as Blue Yonder, Revionics and IBM DemandTec, to deliver more accurate and effective price optimization. Profitero is also the preferred supplier of online competitor pricing data to Nielsen’s retail customers across more than 100 countries.

To discover how Profitero can help make your pricing smarter, contact us at sales@profitero.com or visit www.profitero.com.

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