Tuesday, December 2nd, 2008
Consumer Electronics Go Big on Black Friday

Even though I waited until “Cyber Monday” to make my first online purchase of the holiday shopping season (and plan to have all done over this coming weekend), Black Friday consumers, particularly those interested in consumer electronics, were online in full force. The most searched for product on eBay across all categories was the Nintendo Wii console with 3,171 sold on Black Friday (Wii Fit was the second highest with 1,059 sold on the site). On Shopping.com a GPS sold every 9 minutes and an MP3 player every 11.
According to PayPal, there were 34% more transactions than 2007 and there was a 26% increase in online payment volume on Black Friday.
I found all of this information at the “eBay Holiday Media Source”. The site has been up for a few weeks now and is aimed at providing press and media with information, stats and news around eBay’s holiday offers, traffic, promotions and tips. This weekend, they posted the following media release with data coming out of Black Friday.
All great info of course but I’d like to see more. Especially more than just consumer electronics. Let’s see all the categories. Which are up? Which are down? How did Fixed Price fair vs Auctions? I’ll dig around to see if can find out more on that front.
I also saw that the Nielsen Online Holiday Shopping Index had eBay as the top online retail destination on Black Friday with 9.8 million unique visitors (Nielsen also had eBay as the top online retail destination for the month of October). However, with a number of conflicting traffic reports out there for online retail traffic that cropped up over the past week (some blogs were citing ComScore numbers, others use Nielsen as a benchmark), I want to see more information behind the figures before drawing any definitive conclusions.
In related news, eBay President of Marketplaces, Lorrie Norrington appeared on Fox Business News yesterday alongside Overstock CEO Patrick Byrne to discuss Black Friday, Cyber Monday and the rest of the holiday shopping season.
Cheers,
RBH
Tagged: black friday, cyber monday, ebay, ecommerce, fox business news, lorrie norrington, nintendo wii, online marketplace, online retail, overstock.com, patrick byrne, PayPal
JJHOn December 2, 2008 at 2:48 pm Said:
Say what you want about “Black Friday”, but I think we all need to keep things in perspective and not forget the horribly tragic death on Long Island as a “mob” crashed through the doors of a Wal-Mart and trampled a temporary worker to death. I think this is going to have an impact on future black Friday’s.
Needless to say, I bought nothing on BF or Cyber-Monday. The economy is bad, and I have no spare cash. eBay hasn’t been helping me either since sales are very poor this year.
Facts of life.
ur_bringing_me_downOn December 3, 2008 at 6:32 am Said:
I absolutely love black friday- go out at 4am every year and will continue the tradition in years to come.
I do feel very sorry about the person that died of course. I think the death will make retailers be more proactive in their security measures in years to come.
I also do a lot of shopping online and love ebay’s deal of the day. I look every day to see what they are offering. Although this holiday season is rough for many people across the world, it’s important to realize it’s not just us, that it spans across the whole world. I try to look at the positive side and be be thankful for what I do have, 4 beautiful healthy children, a good online business, and a wonderful husband who packs the orders every day before he heads out for work. lol!!
My family has warm beds to sleep in every night and food to eat.
PAROn December 3, 2008 at 1:46 pm Said:
The tragedy at that Walmart had less to do with the store sales and a lot more to do with the mentality of the animals who broke the doors right off the hinges in a mad attempt to get in first. We’ve always had sales - I remember after christmas sales at Robinsons where we stood outside from 5 am until the doors opened - nobody ran in like a herd of buffalo. They are studying the camera tapes from that incident and I hope they get to prosecute some of those animals!
JJHOn December 3, 2008 at 8:24 pm Said:
“The tragedy at that Walmart had less to do with the store sales and a lot more to do with the mentality of the animals who broke the doors right off the hinges in a mad attempt to get in first.”
While that may be true, Black Friday, in and of itself is and was an accident waiting to happen. Deeply discounted items, very limited quantities, along with mass advertising is just asking for trouble. I’m surprised it hasn’t happened sooner. In fact, it probably has, it just wasn’t a death. You can be sure, pushing, shoving, bruises, and fighting have been regular events at BF. It just doesn’t make national news. Face it, we have become a society of selfish animals.
There is a lot of blame to spread around from this incident. The crowd, the crowd controllers, the store management, and so on. There’s a lot of guilt here.
GailOn December 5, 2008 at 8:22 am Said:
I know Valley Stream, and I know who lives there. It used to be a beautiful town, but low income housing and section 8 have taken over the area. There is no respect for authority, rather a disdain for it. The atmosphere has become menacing and dangerous. When people have no respect for each other, gatherings turn into mobs. There are no ‘neighbors’ and no one holds out a helping hand. I don’t blame the store, or its management. The fault for this tragic incident lies squarely on the shoulders of the people who live there.
I will say that, after forty years, I’ve moved away from ‘idyllic’ Long Island. Where I am now, there was no shoving or trampling on Black Friday, not even at WalMart. I can only hope that the mentality of those ‘people’ in Valley Stream does not represent the future of America.
JennaOn December 5, 2008 at 10:25 pm Said:
I personally go shopping every year on Black Friday. It has been a tradition that my sister and I started way bakc in 2001. Never have we seen violence at any of the stores we visit. Yes, there’s a lot of pushing and bumping into one another but that is ievitable when you get a large group of people together. Every year we have made new friends that have braved the weather with us and stood outside the store for 5 hours waiting to get that good deal. It is tragic what happend at that Walmart but please don’t generalize and say that all of society are a bunch of selfish animals. I have met many generous people on my Black Friday adventures and i would never categorize them nor myself as “selfish animals” The majority of us that are out there are doing it for the fun of it, not just to get good deals.
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