Cyber Thieves Scale Back, Take Off Two Biggest Shopping Days of the Year
ARMONK, N.Y. – 05 Jan 2015: According to findings released today by IBM, despite an 50 percent decline in the number of cyber attacks against U.S. retailers, the number of records stolen from them remains at near record highs. IBM Security researchers report that in 2014, cyber attackers still managed to steal more than 61 million records from retailers despite the decline in attacks, demonstrating cyber criminal’s increasing sophistication and efficiency. (more…)
One-third consider options other than the store for next purchase; Showrooming drives 50 percent of online sales
ARMONK, N.Y. – 15 Jan 2013: National Retail Federation Convention – A new IBM study of 26,000 global consumers released today at the 2013 National Retail Federation convention (#IBMNRF) found they are diversifying the way they shop for and acquire goods, becoming increasingly open to buying both online and in-store depending on their needs at time of purchase. While more than 80 percent of shoppers chose the store to make their last non-grocery purchase, only half are committed to returning there next time they buy.
IBM’s research finds that consumers are in a transitional state. According to the study, 35 percent are unsure whether they would next shop at a store or online. Nine percent are ready to commit to making future purchases online. Of all eight product categories tracked in the survey, the two most popular categories chosen by consumers for an online shift are consumer electronics and luxury items, including jewelry and designer apparel. (more…)
Microsoft launches national campaign to alert Americans to Google’s new pay-to-rank shopping search practices.
REDMOND, Wash. — Nov. 28, 2012 — Bing, Microsoft Corp.’s search engine, today is launching a national campaign to highlight Bing’s commitment to honest search results and to help explain to consumers the risks of Google Shopping’s newly announced “pay-to-rank” practice, in which the shopping search results customers see are not true search results such as they see elsewhere on Google; they are actually ads that are ranked, in part, by who pays the most. More information on these practices is available at https://www.scroogled.com.
Instead of showing you the most relevant shopping search results for the latest coffee maker you’re looking to buy mom, Google’s new redesigned shopping vertical now decides what to show you — and how prominently to display what product offers they show — based partially on how much a merchant selling the product has paid Google. Merchants can literally pay to improve their chances to display their product offers higher than others inside of Google’s shopping “search,” even if it’s not necessarily better or cheaper. That’s not right, it’s not transparent, it’s not what you expect from search, and it’s not how we at Bing think search engines should help consumers get the best prices and selection when shopping. Consumers are urged to visit https://www.scroogled.com to learn more about how to avoid getting “Scroogled,” a term used by Bing to describe Google’s new practice that leaves people with fewer choices and potentially higher prices. (more…)
*More than 50 Percent of All E-Commerce Transactions for the First Five Weeks of the Holiday Season Have Included Free Shipping*
RESTON, VA, December 8, 2010 – comScore, a leader in measuring the digital world, today reported holiday season retail e-commerce spending for the first 35 days of the November – December 2010 holiday season. For the holiday season-to-date, more than $17.5 billion has been spent online, marking a 12-percent increase versus the corresponding days last year. The most recent week saw four individual days eclipse $800 million in spending, led by Cyber Monday, which became the heaviest online spending day on record at $1.028 billion. Tuesday, November 30 reached $911 million, making it the third heaviest online spending day on record, with Wednesday ($868 million) and Thursday ($850 million) also reaching high levels, although growth rates for the season subsided in the latter half of the week and through the weekend.(more…)
*Holiday E-Commerce Spending Growth Slows to 9 Percent for Most Recent Week*
RESTON, VA, December 5, 2010 – comScore, a leader in measuring the digital world, today reported holiday season retail e-commerce spending for the first 33 days of the November – December 2010 holiday season. For the holiday season-to-date, $16.8 billion has been spent online, marking a 12-percent increase versus the corresponding days last year. The most recent week saw four individual days eclipse $800 million in spending, led by Cyber Monday, which became the heaviest online spending day on record at $1.028 billion. Tuesday, November 30 reached $911 million, making it the third heaviest online spending day on record, while Wednesday ($868 million) and Thursday ($850 million) also reached high levels, although growth rates for the season subsided in the latter half of the week. (more…)
*Cyber Monday Shows 16 Percent Increase vs. Year Ago with Half of Online Spending Coming from Work Computers*
RESTON, VA, December 1, 2010 – comScore, a leader in measuring the digital world, today reported holiday season retail e-commerce spending for the first 29 days of the November – December 2010 holiday season. For the holiday season-to-date, $13.55 billion has been spent online, marking a 13-percent increase versus the corresponding days last year. Cyber Monday reached $1.028 billion in online spending, up 16 percent versus year ago, representing the heaviest online spending day in history and the first to surpass the billion-dollar threshold. (more…)
