Los Angeles-based PriceGrabber.com, and El Segundo-based eCost.com are among two of the local e-commerce retailers reporting strong results from Cyber Monday sales. Cyber Monday is the first Monday back after the Thanksgiving weekend, and a traditionally big online shopping day. PriceGrabber said that it saw a 56 percent increase in traffic year over year, and that the day was the biggest traffic day yet this holiday season. eCost.com, a online discount retailer owned by PFSweb, also reported strong consumer demand. eCost said that over the holiday weekend, it saw an increase of 67% in booked revenue, compared to last year, and a 25% increase in visitors compared to the prior year. Pricegrabber reported the top items being sought by shoppers included the Nintendo Wii, the Microsoft Zune, TomTom's ONE GPS, and Women's Ugg boots. eCost.com said that it saw demand for high definition LCD TVs, portable GPS systems, and HP brand notebook computers.
Top NewsWednesday, November 28, 2007
PriceGrabber, eCost Report Big Cyber Monday Sales