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Tue Dec 1 2009 23:35:46

CNBC to Get Cyber Monday Scoop on Wednesday

By: Ina Steiner

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ComScore publishes some of the best data on holiday shopping for ecommerce sites, and this year it is unveiling Cyber Monday data live on cable television network CNBC on Wednesday. ComScore Chairman Gian Fulgoni will announce Cyber Monday spending totals live on CNBC tomorrow morning at 9:15 am EST, which will be followed by its press release detailing the activity of the day.

Comscore said it anticipates growth rates to continue to track above the season-to-date average. "We are hoping to see enough strength to clear the $900 million daily spending threshold for the first time in history." The graphic showing weekly online holiday retail sales in millions of dollars is fascinating and is a reminder of the effect the recession had on November 2008 retail sales.



Mercent, GSI, Buy.com, ChannelAdvisor and others are reporting strong holiday sales growth compared to last year, with some reporting strong growth from Amazon.com - but conspicuously absent are reports on eBay's performance.

As AuctionBytes reports in Wednesday's Newsflash, eBay is touting PayPal growth, but keeping mum on marketplace numbers. We'll be tracking eBay traffic for clues, but eBay is unlikely to reveal actual sales until 4th quarter earnings in January.




Comments (21) | Permalink

Readers Comments

CNBC to Get Cyber Monday Scoop on Wednesday   CNBC to Get Cyber Monday Scoop on Wednesday

by: Online Auction

Wed Dec 2 01:23:00 2009

Hi

Great information and comscore said it anticipates growth rates to continue to track above the season-to-date average.

CNBC to Get Cyber Monday Scoop on Wednesday   CNBC to Get Cyber Monday Scoop on Wednesday

This user has validated their user name. by: Philip Cohen

Wed Dec 2 07:23:33 2009

Yes, and what about figures for the eBay marketplace? Well, they don't need to tell us; all eBay sellers already know.

And, sad to see that McAfee has some sort of death wish. How do these people judge the performances of individuals such as Lorrie Norrington? They must read only the eBay PR releases. All very strange. There's hope for me yet!

CNBC to Get Cyber Monday Scoop on Wednesday   CNBC to Get Cyber Monday Scoop on Wednesday

by: gotta love it

Wed Dec 2 08:08:43 2009

Like the old saying goes for eBay, don't dwell on the negative, focus on the positive!

CNBC to Get Cyber Monday Scoop on Wednesday   CNBC to Get Cyber Monday Scoop on Wednesday

by: Pat

Wed Dec 2 09:59:42 2009

Just watched the CNBC segment with Comscore. Lots of talk about growth in online shopping. Amazon and Walmart were leading the growth. Zero talk about eBay. Hmmmmm....

CNBC to Get Cyber Monday Scoop on Wednesday   CNBC to Get Cyber Monday Scoop on Wednesday

by: Ebay Pays My Minimum Monthly Payment

Wed Dec 2 10:08:49 2009


I wish CNBC would do an updated version of their special program on Ebay (The Ebay Effect). They would see how totally different the company is.

Speaking of programming on CNBC, they keep repeating so many shows. Also, I'll know when the recession is over--that's when CNBC will have some new programming.  

CNBC to Get Cyber Monday Scoop on Wednesday   CNBC to Get Cyber Monday Scoop on Wednesday

by: Gaz

Wed Dec 2 10:23:07 2009

Quote
Here's what eBay did reveal about holiday shopping in addition to number of transactions:

   * Some of the most popular gifts purchased include Zhu Zhu pets.
   * On Black Friday, approximately 10,000 Zhu Zhu pets and related items were sold on eBay; approximately 30,000 were sold on eBay on Black Friday and Cyber Monday combined.

LOL - I guess America has decided it likes "cheap Chinese junk" after all?

CNBC to Get Cyber Monday Scoop on Wednesday   CNBC to Get Cyber Monday Scoop on Wednesday

by: stryker

Wed Dec 2 10:49:14 2009



I noticed also the lack of interest in ebay


it makes sense, ebay no longer represents anything , their schizophrenic, disjointed and hostile polices have finally FINALLY wrecked the brand. Kudo's to the decision makers well done !

 Amazon stands for a fast safe reliable  multi-facted media sales force.

 major chains have established themselves as stand-alone-viable sales machines, wal-mart, toys r' us and others can provide buyers with their merchandise and a sense of sureness in knowing who you are dealing with

 Want discounts? go to BUY or Overstock (great Advertising)

Ebays latest catch : '' the same stuff only cheaper'' represnts the lack of direction and brand identity plaugeing the company.

 The one thing that made ebay unique and IMPOSSIBLE to compete with was the vast array of unique collectable merchandise, and the sens of community , the fun and excitement of auctions, and meeting and dealing with a vast array of fellow buyers and sellers

 All of these qualities, qualites which  made ebay the Unassalable leader in online sales have been systematically destroyed by a management chasing phantoms. while poor management is not unique in the annals of American business, it is hard to think of any company which has so dramatically dismantled a successful business model in order to better emulate their less successful competition.

They have traded platinum for fools gold, Uniqueness for a $2 knockoff with $20 shipping, community for capricous authority, a vibrant mmarketplace for payment exchange service, and a decade of goodwill for a sense of betrayel in their loyal sellers.

Thus the ebay stories you do see always seem to be in the line of ''can ebay recapture the glory days''

Sure they can, just as surely as you can reach the moon by digging ever deeper into the earth.
 
 

CNBC to Get Cyber Monday Scoop on Wednesday   CNBC to Get Cyber Monday Scoop on Wednesday

by: Ebay Pays My Minimum Monthly Payment

Wed Dec 2 11:02:09 2009


Excellent post Stryker.

CNBC to Get Cyber Monday Scoop on Wednesday   CNBC to Get Cyber Monday Scoop on Wednesday

by: CS

Wed Dec 2 11:44:49 2009

Sorry to go off topic .
I find the news of Lorrie Norrington's appointment to a security software firm to be troubling. Much as is troubling other conspicuous ebay upper management placements upon BoDs here & there, ei: the BBB and wikipedia.

How many out there trust their computer security to a known liar, cheat, deadbeat, and rulebreaker who scoffs at their very own rules?
Furthermore, what abuses of power are we likely to see emerging from that?

CNBC to Get Cyber Monday Scoop on Wednesday   CNBC to Get Cyber Monday Scoop on Wednesday

by: artistjillian

Wed Dec 2 12:01:13 2009

I head up ACEO art cards group on eBay - our members held a sale, our 2nd annual one. Was a lot of fun with healthy reports on sales for all. Search "ACEO" for tiny original (and editions) art treasures on eBay.

CNBC to Get Cyber Monday Scoop on Wednesday   CNBC to Get Cyber Monday Scoop on Wednesday

by: buck efay

Wed Dec 2 12:02:51 2009

Hey Ebay MUST be kicking butt! Thats why they so far this season have had a 3 week sale on listing fees, a one day sale last week on all listings & another one day sale today! That's what a company does when it's in big trouble getting listings!

CNBC to Get Cyber Monday Scoop on Wednesday   CNBC to Get Cyber Monday Scoop on Wednesday

by: atryker

Wed Dec 2 12:23:15 2009


I have been persuing the postings on ebay and from what i am reading, the small to medium size sellers are not happy(to put it mildly)

Statistics aside, The emperical evidence is pretty clear ,

 I have no doubt ebay will post a small year on year increase in sales, but keep in mind  ebay has by best estimates DOUBLED the amount of merchandise they have put on the site

The avalanche of new material has been the result of several massive retailers dumping their inventory into the system, as well as replacing the collectible and unique sellers who are withering away

It should also be noted that through their dsr and other ratings systems as well as a search methodology keyed to favor  these massive platinum babies, that they are accounting for the lions share of the sales

 This means that the remaining sellers(the loyal long termers) must fight for the scraps.

 my personal perediction is that ebay will post a small increase in sales and traffic, but it will not corralate with the growth in listings. Further that the sales for the platinums, diamonds  and golds will be "adequete " but certainly not spectaculer and the rest of the sellers will range from fair to extremelly disappointing ..(read the ebay boards)

I also believe that a large number of sellers have been waiting for the holiday season to pack up shop, so Jan/Feb will see another wave of seller attrition. Furhter eroding the overall traffic pattern

Has ebay officially Jumped the shark?
I say no, but after q1 10 reports in and the direction remains the same, this time next year the answer will be yes



CNBC to Get Cyber Monday Scoop on Wednesday   CNBC to Get Cyber Monday Scoop on Wednesday

by: stryker

Wed Dec 2 12:34:04 2009

To BUck efay:

  ebay is not having trouble getting listings, there are millions more listings then there should be

 What they are having trouble with is getting PAID lisings.  

Remeber the Diamonds dump by the tens off thousands, but what are they paying? My guess is zero for listing as well as a discounted FVF and preferred terms for paypal .

 its the rest of the Proles , who are paying full freight, full listing fees, high FVF's and high paypal fees who are filling ebays coffers.

The Diamonds and platinums fill the site, but its all the rest of the sellers  who fill their pockets, never have so many given so much to be so unappreciated and so abused. if you want a metaphor think of the scene in 300 where hundreds of easily replaced, disposable broken backed slaves break under the burden  of carrying  the platform supporting the gold draped god. Any one falters and they get whipped to death, while another slips seamlessly into place. Hauntingly similer?

Thats why they keep stringing along the long-termers
 

CNBC to Get Cyber Monday Scoop on Wednesday   CNBC to Get Cyber Monday Scoop on Wednesday

by: RM

Wed Dec 2 14:13:01 2009

Looks like eBay may have ended their 'identity crisis' this year.  They are no longer the premiere auction site.  They are nothing more than a third-party seller to Buy.com and the other diamonds and platinums and they are a payment clearing house for online sellers. The massive listing surge without a concomitant surge in sales has proven that out.  Why buy from eBay when you can buy from Buy.com?

CNBC to Get Cyber Monday Scoop on Wednesday   CNBC to Get Cyber Monday Scoop on Wednesday

by: buck efay

Wed Dec 2 14:31:38 2009

Oh yeah, Stryker, you're right, should have qualified that as " Ebay needs all us tsotchke sellers that pay fees" To draw eyes to look at Chinese junk from "doggy Diamonds" who list for free(and in the case of Buy, actually actively poach Ebay sellers & market aggressively to Ebay buyers post sale), while meanwhile shafting us in search, since I will never again reach my former sales there since the sorry excuse for a search is involved in blocking my items. No thanks. Even at 50% off the LISTING fee not worth it, when I can list by the thousands at sites where my goods can be seen. I'm glad I moved 99% of my business OFF Ebay and onto sites for less fees. Arriba Ecrater y Bonanzle!

CNBC to Get Cyber Monday Scoop on Wednesday   CNBC to Get Cyber Monday Scoop on Wednesday

by: fruity

Wed Dec 2 19:23:45 2009

Google was what drove the traffic to us all along, until you cut us out. Once they start ramping up to allow the little guys, we won't need you. Don't underestimate just how many people want to be at the ebay funeral.

CNBC to Get Cyber Monday Scoop on Wednesday   CNBC to Get Cyber Monday Scoop on Wednesday

by: grand finale

Wed Dec 2 20:27:42 2009

Amazon could put the final nail in ebays coffin if they opened up their site or a spin off that allows for antiques & collectables.

Imagine that, day one would see the demise of ebay.

CNBC to Get Cyber Monday Scoop on Wednesday   CNBC to Get Cyber Monday Scoop on Wednesday

by: Ooops I'm Naru'd Again

Thu Dec 3 16:31:02 2009

We did some shopping last week for the kids.  

Make a long story short we wanted to buy a video game system.  We went to a local large chain electronics store.  It was on special for a good deal, but the controllers and games were pretty pricey.  So I said to my wife let's see what the prices are on Amazon (as I avoid ebay like the plague). Maybe we can buy the system here and the other stuff online.

As i'm surfing on my phone (right in front of the product in the store) the sales guy who overheard me says "I'll price match anything on Amazon".

Needless to say we saved quite a bit of money because Amazon's prices were lower on some items.  

It was really sweet.  We got the best of both worlds all the benefits of shopping online (lower prices) without all the headaches (shipping wait time, not getting what I ordered etc) and I got a 3 yr warranty too.  

I'm sure I'm not the only one that does this.  I think they call it just being smart.  But my point is I know a transaction like I did would be hard to track, but it is another benefit of the internet and does relate to online shopping.  So if the question was changed from "did you holiday shop online" to "was the internet used your holiday shopping" I think the numbers on the graph would surge even higher.

   

CNBC to Get Cyber Monday Scoop on Wednesday   CNBC to Get Cyber Monday Scoop on Wednesday

by: pp

Thu Dec 3 16:47:48 2009

"eBay........ keeping mum on marketplace numbers."

yeah, the're still searching for the spin doctor using best match

CNBC to Get Cyber Monday Scoop on Wednesday   CNBC to Get Cyber Monday Scoop on Wednesday

by: stryker

Thu Dec 3 17:18:27 2009


whatever numbers ebay posts are meaningless to the vast majority of the sellers

First and foremost, lets face it, how many ebay sellers believe anything ebay says anymore?

And second, due to the steering mechanisms such as the platinum tilted best match , trs badges and other devices, not to mention strange ''glitchs'' like the search continuosly returning to page one of the results, the sales which came in were going to wind up in the hands of the few Prefereed sellers

So while i have no doubt ebay will post a small year on year gain ,  the sales gain was the result of a huge influx of new merchindise by the jewel sellers.  

 Further, since these sellers have crowded the other sellers out and down, I am certain the vast majority of ebay sellers will see either flat or diminshed sales regardless of what the figures show.

The real winners of course are the BIGGGGGGGG sellers (buy up 50% over last year) who succesfully use their ebay presence to steer sales to their own site. Guess why buy was up 50% ?

 

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