News Byte

Mobile Commerce Sales Top $10 Billion in First Half of 2013, comScore Estimates

Commerce transactions in the U.S. on smartphones and tablets totaled $10.6 billion in the first half of this year, according to a comScore estimate announced Tuesday. Commerce purchases made on mobile phones accounted for $6.7 billion, while those on tablets totaled $3.9 billion. It’s important to note, however, that there are about twice as many smartphone users in the U.S. as tablet users. Additionally, the $10.6 billion total still accounts for less than 10 percent of total digital commerce sales, though the first iPhone was released just six years ago. Mobile payments — or purchases made in brick-and-mortar stores using mobile devices — are not included in this estimate.

“App and Mortar” Is One Way to Describe the Trend in Mobile Commerce

A new report figures out who is benefiting right now from the mobile commerce trend. Surprisingly, it’s physical retailers.
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Gilt Loses a Second Exec in Two Weeks, This Time to Target

The two departures cap a tumultuous year for Gilt, which has restructured its business several times in an effort to become profitable.
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Analysts Cautiously Optimistic as eBay Gets Ready to Close the Books on 2012

EBay is expecting the holidays to have treated it well, but analysts are a little more cautious.
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eBay Reorganizes Its Mobile Group and Releases New Apps

It’s clear the online shopping giant is preparing for 2013 to be another banner year for mobile.
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Eight Percent of Amazon’s Sales Are Coming From Mobile

That’s really not all that great.
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eBay to Stop Advertising Inside Mobile Apps: “It’s Not Worth It.”

“We aren’t happy with the user experience and we don’t need the money,” said Devin Wenig, eBay’s president of global marketplaces.
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The Prime Reason Why Amazon’s Sales May Be Falling Behind This Holiday

Amazon’s peak spending days may occur even closer to Christmas this year, as more customers sign-up for its free two-day shipping program.
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New Leap Commerce App Hoping to “Spark” Conversations About Shopping

Leap Commerce is attempting to build a question-and-answer service, similar to Quora, but for shopping.
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News Byte

Cyber Monday Spending Hits $1.5 Billion, Shatters U.S. Record

Cyber Monday spending hit $1.5 billion in the U.S. to make it the biggest shopping day in history, according to comScore, which tracks purchases made on computers using broadband connections. The firm reports that on Cyber Monday, which falls on the Monday after Thanksgiving, spending was up 17 percent year over year, and that overall, e-commerce spending for the first 26 days of the holiday season has totaled $16.4 billion, a 16 percent increase over last year. ComScore does not include purchases made over mobile devices, which by one account is estimated to be contributing as much as 13 percent of sales this season.