John Paczkowski

Recent Posts by John Paczkowski

Next Retail Holiday: Pavlov's Dog Friday?

Black Friday. Cyber Monday. Mobile Tuesday.

What’s next, Debt Consolidation Loan Wednesday? 401(k) Withdrawal Thursday? Pavlov’s Dog Friday?

Try Green Monday. Turns out, the Monday two weeks before Christmas is also a shopping holiday, one apparently held in celebration of the seasonal deadline for free shipping. “This is the last minute [to ship]” said eBay (EBAY) executive Jim Griffith. “It’s do or die.”

Although, given the current economic climate, it’s “do less.” Because according to Chase Paymentech’s Cyber Holiday Pulse Index, the average dollar amount of purchases made on Cyber Monday this year was down 12 percent from last year (click on the charts below). Though there are 14 percent more total transactions this year over last, the typical shopper spent $7.19 less per transaction. “Cyber Monday was very interesting,” said Aaron Press, Director of Market Analysis for Chase Paymentech. “Transaction volume was well ahead of last year for that day, but sales growth was meager. For the entire holiday season, the slower rise in sales volume compared to the steeper increase in transactions has resulted in the average ticket being lower on most days.”

Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

Latest Video

View all videos »

Search »

Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work