E-commerce, M-commerce Spending Rise in Q3, Says comScore
November 11, 2013,
RESTON, Va.-U.S. retail spending from both e-commerce and m-commerce gained significantly in the third quarter, according to research from comScore.
Desktop-based e-commerce sales totaled $47.5 billion in the quarter, up 13 percent from the third quarter of last year. M-commerce spending on both smart phones and tablet computers jumped 26 percent versus last year, reaching $5.8 billion. These figures marked the 16th consecutive quarter of sales increases from these sources, and the 12th consecutive quarter of double-digit increases, comScore said in its statement on its research.
The top-performing online product categories were digital content and subscriptions, apparel and accessories, consumer packaged goods, consumer electronics and jewelry and watches. comScore also said e-commerce accounted for 9.4 percent of all consumer discretionary spending, its highest third-quarter share ever. In terms of m-commerce, purchases using smart phones represented 62 percent of these buys, with tablets accounting for the remaining 38 percent.
"Nonetheless, we are confident that the growth rate in online spending will once again far exceed that in bricks-and-mortar stores, reflecting the ongoing channel shift to e-commerce," he said.
Other Articles By Author
Macy’s Discusses Virtual Reality Test at HFN’s Omnichannel Summit
HFN's DIGITAL EDITION
One Kings Lane Flashes Forward
Formerly a flash-sale only website, One Kings Lane—now under the ownership of Bed Bath & Beyond—evolves into a lifestyle retailer with a new physical presence.
ALSO IN THIS ISSUE:
- HFN Tech & Omnichannel Study- Although e-commerce shopping is increasing dramatically among consumers, home retailers lag in their current and future tech investments and implementation.
- Market Previews: High Point & Tabletop- The newest collections and influencer trends emerge in our High Point Market and N.Y. Tabletop Show special sections.