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Cyber Monday racks up 36 percent growth, says ChannelAdvisor

November 30th, 2010

ChannelAdvisorRESEARCH TRIANGLE PARK, NC – Online store sales grew by a healthy 36 percent among ChannelAdvisor customers, the software and services provider helping retailers sell across e-commerce channels, says.

ChannelAdvisor retailers wrapped up the very active “Cyber 5,” the five days from Thanksgiving to Cyber Monday, with impressive 26 percent same-store sales growth.

“Due to the amount of shopping on Thanksgiving and Black Friday, we initially theorized that the online shopping season was beginning earlier than its traditional Cyber Monday kickoff,” said ChannelAdvisor CEO Scot Wingo.  “Upon seeing the full scope of the Cyber 5, however, the distribution of sales across the days is the same as previous years. Cyber Monday is still the strongest day by far, but growth was robust and steady across all five days.”

Cyber Monday Highlights:

  • ChannelAdvisor’s customers earned $28.7 million in gross merchandise value (GMV) on Cyber Monday, a ChannelAdvisor record
  • ChannelAdvisor processed more than 500,000 transactions on Cyber Monday, which amounts to approximately six transactions per second

Total Marketplaces same-store sales growth was 36.9 percent.

o    Amazon same-store sales continued to surge at 98.1 percent growth

o    eBay same-store sales grew by 14.6 percent

 

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