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ComScore: Black Friday e-commerce hits $534 million

It wasn't a blockbuster, but Black Friday wasn't a bust, either.

ComScore on Sunday reported that online, nontravel retail sales on the Friday after Thanksgiving, traditionally a big day for consumer spending, reached $534 million. That's up from the same day a year ago, but just barely--online retail sales rose just 1 percent, from $531 million.

On Saturday, comparison-shopping site PriceGrabber.com said that Web shopping traffic on Black Friday was up 11 percent. The Nintendo Wii was the most popular item, according to both PriceGrabber and eBay.

Sales on Thanksgiving Day itself rose 6 percent to $… Read more

Amazon assembles Justice League of loyalists for holiday PR

Amazon has enlisted a half dozen of its most dedicated (addicted?) reviewers to act as holiday gift experts this season. They'll be responsible for providing gift picks, tips, and other advice regarding their favorite products available on the mega-retail site.

Putting a "real people" face on holiday shopping is key for Amazon in a season full of thin wallets and nervous spenders: research firm eMarketer just lowered its projections for online holiday shopping. Many of the tips provided by Amazon's reviewers, for obvious reasons, deal with cost-cutting recession strategies.

Amazon has offered customer reviews since 1995, … Read more

CNET News Daily Podcast: E-commerce expert heads to D.C.

A new economic team is heading to Washington and while it's still hard to gauge what the new administration will do vis a vis high tech, President-elect Barack Obama may have sent a message with the appointment of an Internet commerce expert.

Listen now: Download today's podcast

Today's stories:

Lycos Europe to close portal, end Web hosting

Getting schooled in formation flying

Ares rocket development updates posted to iTunes

Obama taps Internet commerce expert

Holiday e-commerce projections lowered

Update at 10:30 a.m. PST, with information from IDC holiday spending report.

The Grinch has made off with Christmas.

In yet another sign that e-commerce is taking a hit over the holidays, online sales growth projections for the critical November-December holiday shopping season were cut by more than half Tuesday in a survey released by digital marketing and media research firm eMarketer.

Online sales are expected to grow a mere 4 percent year over year to $30.3 billion during the two-month period, versus eMarketer's previous projection in May of 10.1 percent growth, or $32.1 … Read more

CNET News Daily Podcast: Green is the new black? Not so fast

Green may be the new black as far as consumer electronics companies are concerned. But Greenpeace is not so impressed with their efforts to date. In a new report, the group charges that electronics manufacturers are failing to make sufficiently bold moves to cut energy usage. CNET News' Martin LaMonica has the story.

That and the day's headlines, in Tuesday's podcast.

Listen now: Download today's podcast

Today's stories:

Is the video game industry recession-proof?

Trial ending in MySpace suicide case

The dark side of Galileo

Greenpeace rates electronics makers' green claims

E-commerce posts first ever year-over-year decline

Update at 1:38 p.m. PDT, with additional details from the ComScore report.

Online shoppers put a stranglehold on their wallets in the first several weeks of November, marking the first historic decline in e-commerce sales, according to a ComScore report released Tuesday.

Market researcher ComScore said online shopping declined 4 percent during the first 23 days of November, compared with a comparable time period last year.

During the first 23 days of the month, ComScore said online retailers rang up a total of $8.19 billion in sales.

For online retailers, growth in e-commerce sales had been steadily … Read more

Online retail spending slows to a crawl in October

Consumer spending on e-commerce sites grew just 1 percent during October compared with the same month a year ago, according to ComScore.

In fact, last month was the worst growth month for online retail spending since ComScore began keeping track in 2001.

Rising prices and unemployment rates, and the psychological impact of the chaos of the financial markets are to blame, according to ComScore Chairman Gian Fulgoni.

But the dip in spending can't be too much of a shock to those who watch ComScore's monthly reports carefully. The preceding six months featured declining growth rates--April saw 15 percent … Read more

Microsoft launches second retail site

Update at 2:17 p.m. PST, with comments from Microsoft on fate of Windows Marketplace.

Microsoft is doubling down on retail, with the launch of a second online store at the start of this year's especially critical holiday shopping season.

The Microsoft Store, which opened for business Thursday, is designed to carry the largest and most up-to-date selection of the software giant's product lines, such as Office, Windows, Xbox, and Zune.

The one-stop shop will carry Microsoft hardware too.

Microsoft currently operates its Windows Marketplace e-commerce site, which it began testing in 2004.

There are many similarities … Read more

Sugar Inc. lets bloggers make money off shopaholics

Girly blog company Sugar Inc. has announced a new affiliate marketing program for bloggers, based on ShopStyle, the social-shopping and product-search site that it acquired last year. It's called ShopSense.

Here's how it works: if style, culture, or shopping bloggers write about a given product that's in the ShopStyle directory, they can add a ShopStyle widget so that readers can actually buy the product or can use the ShopStyle API to further customize the app. The blogger gets a cut of the revenue.

Sugar started as a content company, with an inaugural celebrity gossip brand called PopSugar, … Read more

comScore offers e-commerce retailers holiday advice

With the dour economy playing grinch this holiday season, e-commerce retailers may want to focus on offers of free shipping and online coupons, according to a recent survey by comScore.

In a survey of more than 1,000 consumers taken in mid-October, comScore found 73 percent of respondents planned to save money this holiday season by buying fewer gifts and 69 percent by buying less expensive presents, while 37 percent planned to use coupons.

comScore also found that in the third quarter, 25 million Americans visited coupon sites, up 26 percent from the previous quarter. And it's not just … Read more