US shoppers buy early this holiday season

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Agencies: Chicago/San Francisco, Nov 25 2012, 11:29 IST
compared with a year earlier. Last year's year-over-year growth was about 15 percent for eBay, according to ChannelAdvisor.

EBay usually grows more slowly early in the holiday season and then ramps up later as retailers run out of hot products and shoppers turn to eBay sellers for those items.

EBay's strong start this year is driven partly by the company's success in attracting mobile shoppers through shopping apps on smart phones and tablets, Wingo said.

EBay said on Saturday that the volume of mobile transactions on its online marketplace jumped 153 percent on Black Friday, compared with a year earlier. PayPal, the payments division of eBay, saw Black Friday volume almost triple, year over year.

Purchases from mobile devices accounted for 16.3 percent of online sales on Black Friday, up from 9.8 percent in 2011 and 3.2 percent in 2010, according to IBM data. Apple Inc's iPads and iPhones led the charge, with owners using the devices to browse and buy on retailer websites.

SHOPPERS 'WANT TO SPEND'

Overall, the percentage of sales from online shopping is expected to rise. But while retailers bring in more revenue from online shopping, they may also face some higher costs in terms of shipping a larger number of packages to more shoppers.

Among tablets, iPads were the clear leader, generating 88.3 percent of traffic to retailers' sites on Friday, followed by Barnes & Noble Inc's Nook with 3.1 percent, Amazon.com Inc's Kindle with 2.4 percent and the Samsung Galaxy with 1.8 percent, IBM said.

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