comScore Reports Q3 2009 U.S. E-Commerce Spending Down 2 Percent vs. Year Ago

| November 11, 2009

Ad Operations Online42 Percent of E-Commerce Transactions in Q3 Included Free Shipping

comScore to Host Webinar on Q3 2009 E-Commerce Review and Forecast for 2009 Holiday Season on Thursday, November 12

RESTON, VA – comScore, Inc. (NASDAQ: SCOR), a leader in measuring the digital world, released its Q3 2009  retail e-commerce sales estimates, which showed that U.S. online retail spending totaled $29.6 billion, down 2 percent versus year ago.

Q3 2009 represents the first time on record that consecutive quarters have seen negative e-commerce spending growth compared with the same quarter the year prior.
_______________________________________________________________________________

Retail E-Commerce (Non-Travel) Growth Rates
Excludes Auctions, Autos and Large Corporate Purchases

Total U.S. – Home/Work/University Locations
Source: comScore, Inc.

Quarter     Y/Y Percent Change

Q1 2007             17%
Q2 2007             23%
Q3 2007             23%
Q4 2007             19%
Q1 2008             11%
Q2 2008             13%
Q3 2008              6%
Q4 2008             -3%
Q1 2009              0%
Q2 2009             -1%
Q3 2009             -2%

_______________________________________________________________________________

“The third quarter showed negative marginal growth for the second consecutive quarter – the first time on record we’ve witnessed sustained dips in U.S. e-commerce spending, small though the declines may be,” said comScore chairman Gian Fulgoni. “The good news is that these declines may finally be in our rear view mirror, as we anticipate marginally positive growth for the fourth quarter. With retailers gearing up for the online holiday shopping bonanza, and a fourth quarter that will include easier comparisons against year ago, we are hopeful that this Christmas season will  be merrier than the last.”

Join Mr. Fulgoni as he presents an update of the state of the U.S. online retail economy through Q3 2009 in a live webinar on Thursday, November 12 from 2 – 3 p.m. EST/1 – 2 p.m. CST/11 a.m. – noon PST. Webinar registration details are below.

Free Shipping a Must-Have Incentive for Retailers in 2009 Holiday Season

Over the past few years, free shipping has become a particularly critical incentive for stimulating online purchase behavior, and its importance has increased considerably during the recent economic downturn. The past several quarters have seen the percentage of e-commerce sales transactions including free shipping increase from 31 percent in Q1 2008 to 42 percent in Q3 2009.

_______________________________________________________________________________

E-Commerce Free Shipping Analysis
Q1 2008 – Q3 2009

Total U.S. – Home/Work/University Locations
Source: comScore, Inc.

Share (%) of E-Commerce Transactions

Free Shipping      Paid Shipping

Q1 2008          31%                 69%
Q2 2008          34%                 66%
Q3 2008          35%                 65%
Q4 2008          38%                 62%
Q1 2009          37%                 63%
Q2 2009          43%                 57%
Q3 2009          42%                 58%

_______________________________________________________________________________

“Free shipping has become an increasingly essential promotion in the e-commerce marketer’s toolkit,” added Mr. Fulgoni. “With more than 40 percent of all e-commerce transactions now including free shipping, it’s clear that consumers respond favorably to this incentive and in many cases have come to expect it from retailers. The retailers who do not offer free shipping deals this holiday season may find themselves at a significant disadvantage versus those who do.”

Webinar Series: State of the U.S. Online Retail Economy through Q3 2009

The webinar presentation will include an overview of changes in consumers’ online spending patterns through Q3 2009 (with a preview of October 2009 e-commerce spending), survey findings that highlight consumer sentiments regarding the economy in 2009, as well as an analysis of spending patterns across key product categories, retailer sectors and consumer demographic segments. The webinar will also include a forecast of the critical 2009 holiday online shopping season.

To register for the webinar, please visit: https://www1.gotomeeting.com/register/408403728

About comScore
comScore, Inc. (NASDAQ: SCOR) is a global leader in measuring the digital world and preferred source of digital marketing intelligence. For more information, please visit www.comscore.com/companyinfo.

Otilia is the founder and editor of AdOperationsOnline.com, launched in 2008. She currently provides online business consulting through her company, RightFit Media, and blogs about all things online at www.otiliaotlacan.com.
Otilia Otlacan
View all posts by Otilia Otlacan
Otilias website

Related articles:

  1. comScore Reports Q1 2009 U.S. Retail E-Commerce Spending Growth Flat Versus Year Ago Share/SavecomScore Chairman Gian Fulgoni to Present Update on  Q1 2009 E-Commerce Trends in Upcoming Webinar RESTON, VA – comScore, Inc....
  2. comScore Reports Continued Lack of Growth in U.S. Retail E-Commerce Sales Share/SaveQ2 2009 Sales Down 1 Percent vs. Year Ago comScore Chairman Gian Fulgoni to Present Update on Q2 2009 E-Commerce...
  3. Holiday E-Commerce Season Sales Finally Match Last Year as Two Workdays this Past Week Each Surpass $800 Million in Online Spending Share/SaveSales Since Cyber Monday Up 9 Percent Versus Year Ago RESTON, VA – comScore (NASDAQ : SCOR), a leader in...
  4. comScore Webinar: State of the U.S. Online Retail Economy through January 2009 Share/SaveAn earlier comScore message (forgot all about it until now!) announced that comScore Chairman Gian Fulgoni will present a quarterly...
  5. Sales During Online Holiday Shopping Season Decline by 3 Percent Share/SaveDespite Weak Season Apple, Amazon, Wal-Mart and Sears Post Traffic Increases   RESTON, VA – comScore (NASDAQ : SCOR), a...

Tags: , , , , , , , , ,

Category: Ad Operations, Advertising Reports and Studies, comScore, Digital Intelligence, Digital Marketing, Internet Marketing Services, Internet Strategy, Marketing Strategy