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Some Bright Spots For Ecommerce In January

Order dollar value up

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January was a month of casual browsing, with limited purchases at online retailers, according to a report from marketing firm Coremetrics.

The number of online sessions in which consumers browsed a Web site, viewing at least one product page, stayed largely flat compared to December 2008. The number of sessions in which consumers actually completed an order was down 21 percent.

The only categories that saw increases were intimate apparel (up 5.5%) and office supplies retailers (up 8%). Specialty retailers reported a 56 percent drop in online orders, the largest decrease in any retail category tracked by Coremetrics.

Some Bright Spots For Ecommerce In January
John Squire
Coremetrics
Chief Strategy Officer

"Our data suggest that consumers are very nervous about the economy and that an economic recovery fueled in large part by online consumer spending has not happened yet," said John Squire, chief strategy officer for Coremetrics.

"It isn’t all doom and gloom, however. Some categories are actually doing a good job of attracting consumers. And when we look at the average number of items per online order, we see that those consumers who actually decided to buy online bought more items for a higher total dollar amount."

Compared to December 2008, the average number of items that consumers purchased per order increased 23 percent in the online retail category as a whole. The average dollar value of those orders also rose by 8 percent.

Home goods retailers were successful at getting fewer shoppers to buy more items for a higher total dollar value as they saw a 26 percent increase in the average number of items per order. In addition, they nearly saw a 41 percent increase in the average value of those orders.

Health and beauty retailers reported a 5 percent jump in browser sessions and a 22 percent increase in the average number of items per order. However the average order value decreased by 5 percent.
 

Some Bright Spots For Ecommerce In January
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  • http://www.watchmeboy.com Alex

    Its good to see that online business are still holding on, and going very strong at global crisis time

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