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May 18, 2013 -- Updated December 06, 2011 06:08 HKT

Amazon.com (NASDAQ:AMZN) Leads ECommerce


shayne@heffcap.com
Posted on: Dec 6th, 2011

e-Commerce setting records, Amazon.com leads

AMZN, WMT, TGT, BBY

This Holiday Season’s e-Commerce sales continue to set records.

Amazon.com (NASDAQ:AMZN), is the leader in e-Commerce sales by a long way, is the major beneficiary of the trend.

Online research firm Comscore reported that: The most recent week saw 3 individual days eclipse US$1-B in spending, led by Cyber Monday, which became the heaviest online spending day on record at US$1.25-B

Tuesday, November 29 reached US$1.12-B, Wednesday, November 30 reached US$1.03-B.

These 3 billion dollar spending days currently rank as 3 of the 4 heaviest online spending days in history, Cyber Monday Y 2010 the 4th.

The week saw online sales of US$6-B.

Holiday season e-Commerce spending, which began on November 1st by Comscore’s measures, is up 15% to US$18.7-B through the end of the Cyber Monday week.

The figures from Comscore do not tell who the retail winners or losers are. The losers are likely to include many bricks-and-mortar stores, especially small ones without a major presence on the web.

The National Retail Federation reported that sales were higher by only 6.6% through the Thanksgiving weekend. That means the move to e-Commerce continues its 5-yr run.

The retailers with frequently visited websites are the most likely to be doing well, they includes Walmart.com (NYSE:WMT) and Target.com (NASDAQ:TGT).

Walmart’s online sales make up only about 4% of its total revenue, but with its same-store activity in the US nearly flat, its Internet revenue probably has become essential to whatever growth it can measure.

Amazon.com has more online visitors, by far, than Walmart and Best Buy (NYSE:BBY) combined. It also has what is probably the hottest consumer electronics product of the season, the new Kindle Fire tablet PC.

This is a magnet for the Amazon.com website. Many people who visit the site likely will use it to buy Holiday gifts beyond the Kindle., as Amazon.com is as close to a 1-stop shop as any retail business in America.

e-Commerce figures are better than most analysts expect, and as the largest Company in the industry, Amazon will benefit more than any other from the improved action.

Paul A. Ebeling, Jnr.

Paul A. Ebeling, Jnr

Paul A. Ebeling, Jnr. writes and publishes The Red Roadmaster’s Technical Report on the US Major Market Indices, a weekly, highly-regarded financial market letter, read by opinion makers, business leaders and organizations around the world.

Paul A. Ebeling, Jnr has studied the global financial and stock markets since 1984, following a successful business career that included investment banking, and market and business analysis. He is a specialist in equities/commodities, and an accomplished chart reader who advises technicians with regard to Major Indices Resistance/Support Levels.

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Posted by on Dec 6th, 2011and filed underEquities, Latest News, Paul Ebeling.You can follow any responses to this entry through theRSS 2.0Responses are currently closed, but you can trackback from your own site.
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