US online sales expected to increase 15% this holiday season versus last year's, to US$68.4B; average shopper will spend US$419 online this season, up 12% from 2011: Forrester Research
November 9, 2012
– Forrester expects this holiday season to generate $68.4 billion in US online sales, a 15% increase over 2011's total and 3% higher than the expected overall annual online retail growth rate. "This year's optimism is in large part due to an ever-increasing number of consumers choosing the Web over physical stores and the rise in mobile commerce," notes Forrester Vice President and Principal Analyst Sucharita Mulpuru in new report released today. "The average US shopper will spend $419 dollars online this holiday season — a 12% boost from last year — as they continue to go to the Web to take advantage of the increasing number of digital offerings from retailers."
That said, while tried-and-true holiday promotions will continue to be effective, retail execs need to ensure that they are set up to support (and retain) the cross-channel, deal-hunting shopper to maximize online and online-influenced sales. For instance, retailers should expect aggressive holiday show-rooming and be prepared for mobile shoppers, ensuring critical content is available (and tested) on mobile devices.
For more information on the US online holiday retail forecast, visit the Forrester blog here.
About Forrester Research
Forrester Research, Inc. (Nasdaq: FORR) is an independent research company that provides pragmatic and forward-thinking advice to global leaders in business and technology. Forrester works with professionals in 17 key roles at major companies providing proprietary research, customer insight, consulting, events, and peer-to-peer executive programs. For more than 29 years, Forrester has been making IT, marketing, and technology industry leaders successful every day. For more information, visit http://www.forrester.com/.