National Retail Federation
NEWS RELEASE
THE VOICE OF RETAIL WORLDWIDE
Liberty Place, 325 7th Street, NW, Suite 1100, Washington, DC 20004
FOR IMMEDIATE RELEASE
Contact: Kathy Grannis or Ellen Davis (202) 222-8818
grannisk@nrf.com or
davise@shop.org
Survey Finds 72 Million Americans to Shop on Cyber
Monday, Up From 61 Million Last Year
--CyberMonday.com to Feature 400+ Special Cyber Monday
Deals--
Washington, November 25, 2007—As weary Thanksgiving
travelers prepare to head back to work, online retailers are putting the final
touches on their websites in anticipation of Cyber Monday, the ceremonial
kickoff to the online holiday shopping season. According to a Shop.org survey,
conducted this weekend by BIGresearch, 72.0 million consumers plan to shop
online from home or at work tomorrow, up from 60.7 million in 2006 and 59.0
million in 2005. The survey found that 31.9 percent of adults will shop on Cyber
Monday, up 17.3 percent over last year (27.2%).
“Retailers will be unveiling a variety of incredible one-day sales on Cyber
Monday to bring consumers to their websites,” said Scott Silverman, Executive
Director of Shop.org. “Online retailers consider Cyber Monday a virtual Black
Friday and will be offering promotions that will be tough to beat later in the
holiday season.”
To prepare for an arrival of cyber shoppers tomorrow, online retailers will be
unveiling an array of deals. According to the Shop.org/Shopzilla eHoliday
Survey, 72.2 percent of online retailers are planning a special promotion for
Cyber Monday, up from 42.7 percent just two years ago. Promotions will range
from specific deals (29.9%) to one-day sales (28.9%) to free shipping on all
purchases (24.7%).
Tens of thousands of holiday shoppers have already visited www.cybermonday.com,
a website launched last year by Shop.org. The site compiles the best deals and
promotions from more than 550 retailers, with specific information on one-day
sales and Cyber Monday specials. CyberMonday.com, powered by Mall Networks, was
created as a one-stop shop for consumers looking for the best online holiday
promotions.
While some Americans will be shopping from home, a large percentage also plans
to take advantage of Internet access at the office to shop from work. A Shop.org
survey conducted by BIGresearch found that 54.5 percent of office workers with
Internet access, or 68.5 million people, will shop for holiday gifts from work,
up substantially from 50.7 percent in 2006. In response to that trend, NRF and
Shop.org will be marking Cyber Monday with a Shop@Lunch celebration event from
11:00-2:00 at the ESPN Zone in Washington. The ESPN Zone will be filled to
capacity with more than 300 people waiting to shop online for special deals and
promotions at the event, which will feature personal shoppers and gift card
giveaways from retailers like Barnes & Noble, GiftCertificates.com, HSN, Sierra
Trading Post, The Sports Authority, and Zappos.com.*
The survey about consumer shopping on Cyber Monday, which polled 2,395
consumers, was conducted for Shop.org by BIGresearch from November 22-24, 2007
with a margin of error of 1.5 percent. The poll on consumer shopping at work was
conducted for Shop.org by BIGresearch from October 31-November 7, 2007. The
survey, which polled 7,982 consumers, has a margin of error of plus or minus 1.0
percent. The Shop.org/Shopzilla eHoliday Study, conducted by BizRate Research,
was designed to gauge consumer behavior and online retailers’ success during the
winter holiday season. The poll of 116 online retailers was conducted September
26-October 8, 2007. www.bigresearch.com
Shop.org is the network for retailers online. Its 600 members include the 10
largest retailers in the U.S., and 70 percent of the Internet Retailer Top 100
E-Retailers. It's where the best retail minds come together to gain the insight,
knowledge, and intelligence to make smarter, more informed decisions in the
evolving world of the Internet and multichannel retailing. Founded in 1996,
Shop.org became a division of the National Retail Federation in January 2001.
Shop.org programs and activities include benchmarking research, events and
networking communities. www.shop.org
###