LOS ANGELES, Nov. 26 /PRNewswire/ -- PriceGrabber.com(R), a part of Experian, announced earlier today that the shopping comparison site has received an initial increase in traffic to merchants of 54 percent year over year as of 12 p.m. noon PST on this "Cyber Monday." Statistics during the busy shopping weekend show strong growth and momentum going into the holiday season.
"With 'Cyber Monday' being recognized as one of the biggest online shopping days of the year, we are definitely seeing consumers spending some spare time at work comparing the prices they saw in the malls over the holiday weekend with available deals online," said Ron LaPierre, president of PriceGrabber.com.
Based on heavy online turnout during the Thanksgiving weekend, comScore predicted that online shopping would surpass a record $700 million on Monday. Overall, comScore forecasts holiday Web sales to reach $29.5 billion this year, a 20 percent jump from a year ago.
A recent survey of 1,959 PriceGrabber.com shoppers revealed that 88 percent expect to do at least 50 percent of their holiday shopping online, with 45 percent of survey respondents doing 80 percent online. Results from the past holiday weekend indicate the continued success of online shopping this season.
Top Selling Products on Cyber Monday
1. Nintendo Wii Console
2. Microsoft Zune 30GB Media Player -- Brown
3. Logitech VX Revolution Wireless Laser Mouse for Notebooks -- USB
4. TomTom ONE 3rd Edition GPS
5. PowerShot SD1000 Silver Digital Camera
6. Apple iPod nano 3rd Generation 4GB MP3 Player -- Silver
7. Activision Guitar Hero III Legends of Rock Bundle
8. Garmin nuvi 350 GPS
9. Ugg Classic Tall Boot
10. PowerShot SD850 IS Digital Camera
Top Selling Products by Category
Electronics
1. Microsoft Zune 30GB Media Player -- Brown
2. TomTom ONE 3rd Edition GPS
3. Apple iPod nano 3rd Generation 4GB MP3 Player -- Silver
Computers
1. Logitech VX Revolution Wireless Laser Mouse for Notebooks
2. Nokia N800 PDA
3. Western Digital My Book Premium Edition External 500GB Hard Drive
Cameras
1. PowerShot SD1000 Silver Digital Camera
2. PowerShot SD850 IS ELPH Digital Camera
3. Canon EOS Rebel XTi Black SLR Digital Camera w/ 18-55mm Kit
Video Games
1. Nintendo Wii Console
2. Activision Guitar Hero III Legends of Rock Bundle (Wii)
3. Microsoft Xbox 360 Elite System Bundle
Toys
1. Hannah Montana Guitar
2. Transformers Ultimate Bumblebee
3. Sky Blades R/C Helicopter
Apparel
1. Women's Ugg Australia Classic Tall Boot
2. Women's Ugg Classic Short Boot
3. Prada Crocodile Satchel Coffee Handbag
To search and compare information on millions of unique products and services from thousands of retailers and sellers, please visit http://www.PriceGrabber.com.
About PriceGrabber.com
PriceGrabber.com, part of Experian Interactive(SM), has established itself as one of the most trusted and effective online comparison shopping services, allowing approximately 24 million consumers each month to search and compare information that enables them to find the right product from the right retailer at the best price. Through continued innovation and a consistent focus on providing the best comparison shopping experience on the Internet, PriceGrabber.com provides savvy shoppers access to millions of unique products and services from thousands of retailers and sellers in 23 product channels. The company also powers comparison shopping functionality for a network of leading Internet sites, including MSN Shopping, AOL Shopping, About.com, iVillage Comcast and CNET. The company offers comparison shopping in English (at http://www.pricegrabber.com), Spanish (at http://www.preciomania.com) and Portuguese (at http://www.precomania.com) as well as international sites in Canada and the United Kingdom.
PriceGrabber.com is headquartered in Los Angeles, Calif. PriceGrabber is a registered trademark, and PriceGrabber.com and BottomLinePrice are trademarks of PriceGrabber.com, Inc., a Delaware corporation. Other trademarks or registered trademarks are the property of their respective owners.
About Experian
Experian is a global leader in providing information, analytical and marketing services to organizations and consumers to help manage the risk and reward of commercial and financial decisions. Combining its unique information tools and deep understanding of individuals, markets and economies, Experian partners with organizations around the world to establish and strengthen customer relationships and provide their businesses with competitive advantage. For consumers, Experian delivers critical information that enables them to make financial and purchasing decisions with greater control and confidence. Clients include organizations from financial services, retail and catalog, telecommunications, utilities, media, insurance, automotive, leisure, e-commerce, manufacturing, property and government sectors.
Experian Group Limited is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index. It has corporate headquarters in Dublin, Ireland, and operational headquarters in Costa Mesa, Calif., and Nottingham, UK. Experian employs approximately 15,500 people in 36 countries worldwide, supporting clients in more than 65 countries. Annual sales are in excess of $3.8 billion.
For more information, visit the Group's Web site on http://www.experiangroup.com.
Experian and the marks used herein are service marks or registered trademarks of Experian Information Solutions, Inc. Other product and company names mentioned herein may be the trademarks of their respective owners.
Website: http://www.pricegrabber.com/