Monday, December 10, 2012

Cyber Monday Sales May Reach $2B | Synopsis

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Cyber Monday Sales May Reach $2B

Paypal Survey Reveals Why Online Shoppers Abandon Purchases
Paypal Survey Reveals Why Online Shoppers Abandon Purchases by IvanWalsh.com
License (according to Flickr): Attribution License
Excerpt:

Shoppers are expected to spend more than $1. 5 billion on Cyber Monday, up 20 percent from last year, according to research firm comScore, Nov. 26, 2012. (Getty Images) Cyber Monday, the biggest online shopping day of the year, is increasingly becoming Cyber Week for many retailers as many Americans prefer to avoid crowds and compare prices online. Amazon. com, Target, Walmart were all promoting Cyber Week specials in addition to deals exclusive to Monday. Shoppers are expected to spend more than $1. 5 billion today, up 20 percent from last year, according to research firm comScore. Another prediction from Adobe Digital Index forecasts spending will reach $2 billion, as many shoppers were waiting for today's online deals to make their purchases. It has already been a big holiday weekend with a record $59.

People:

Marshal Cohen

Overall Sentiment: 0.356738

Relevance: 0.428944

SentimentQuote
0.592996"Cyber Monday is really all about doing your homework, and it really means looking for the really good deals" retail analyst Marshal Cohen said. ...
0.470527"Cyber Monday is really all about doing your homework, and it really means looking for the really good deals" retail analyst Marshal Cohen said. "If it's a really good deal, grab it."
0.0473419"Look for Cyber Monday to be important, but not necessarily getting that same growth rate that they've had in years past," Cohen said. ...
0"There were so many deals being offered online, starting from Wednesday and all the way through the weekend and now some of the money has already been spent," Cohen said. ...
Sentiment Stats:
  • Number of Quotes: 4
  • Aggregate Sentiment: 1.1108649
  • Mean: 0.277716225
  • Standard Deviation: 1.7320508075689

Key:

  • Aggregate Sentiment is meant to be an indicator of an individual's overall sentiment.
  • The Mean is meant to be an indicator of an individual's average comment sentiment.
  • The Standard Deviation, when there are enough quotes, will indicate an individual's consistency of sentiment (i.e. a Standard Deviation of 0 would mean they were very consistent in their sentiment and 1 would mean they were very inconsistent).

Note that quote stats are likely to be meaningless beyond the aggregate score due to the tiny sample size. However, they are always provided just in case you find something useful there.

Additional Info:

Company: comScore

Overall Sentiment: 0.0572991

Relevance: 0.520823

Company: Amazon.com

Overall Sentiment: 0.017624

Relevance: 0.374704

Company: Walmart

Overall Sentiment: -0.166817

Relevance: 0.358764

Company: Twitter

Overall Sentiment: 0.017186

Relevance: 0.334533

Disambiguation: Website | VentureFundedCompanyReferences:

Organization: National Retail Federation

Overall Sentiment: 0.0737181

Relevance: 0.391271

Holiday: Thanksgiving Day

Overall Sentiment: 0.0780962

Relevance: 0.607055

Disambiguation: RecurringEventReferences:

FieldTerminology: Cyber Monday

Overall Sentiment: 0.0783544

Relevance: 0.96539

FieldTerminology: Cyber

Overall Sentiment: 0.160277

Relevance: 0.437237

FieldTerminology: online shopping

Overall Sentiment: 0

Relevance: 0.303916

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