| November 29, 2009 |
eBay Plots 1 Million Transactions on Black Friday Map |
| By: Ina Steiner |
| Sun Nov 29 2009 11:20:16 |
eBay published an animated graphic that shows "Black Friday" sales plotted on a map of the United States. The 1,027,807 U.S. transactions are displayed on the map with two dots per transaction - one for the seller and one for the buyer. The visualization is based on raw data that includes eBay sales occurring on November 27, 2009 in approximately 33,000 U.S. ZIP codes, which were grouped to create 3,118 distinct areas. You can mouse over any point to see the specific number of buyer and seller transactions that occurred in a given area.
The animated map and details are found on eBay's Black Friday page. The map does not reveal GMV (dollar sales) for Black Friday, nor does it reveal previous years' results to give it context - I'm still waiting eBay's press release that promised more data - it was due out yesterday afternoon.
It's interesting to note that last Thanksgiving day (November 27, 2008), there was approximately $50 million in Gross Merchandise Volume sold on eBay.
Facing some problematic traffic trends this year, eBay has ramped up its promotional efforts in recent weeks, including television advertising, a travelling "mobile boutique" and a pop-up store in New York city. eBay's Vice President of North America Marketing Greg Fant explained the thinking behind the company's holiday marketing campaign in this November 12th AuctionBytes article.
Too early to know the effect on traffic, but the efforts are getting eBay some press. Bloggers liked the Black Friday graph despite the lack of context. And CNN, headquartered in Atlanta, aired a piece about the eBay mobile boutique when it arrived in CNN's hometown.
Here are some holiday-shopping figures from PayPal:
- PayPal said the official start of the 2009 holiday shopping season was November 16, 2009, when it saw 28% more online payment volume than that of a typical Monday.
- PayPal saw a 25 percent year-over-year increase in global payment volume on Thanksgiving Day 2009.
- PayPal saw a 20 percent year-over-year increase in transactions on Black Friday 2009 (compared to 34 percent increase from 2007 to 2008). (Update: these Black Friday figures are U.S.-only.)
- PayPal mobile payments jumped 140 percent on Black Friday 2009 compared to that of an average Friday. Since the official start to the holiday season on November 16th, PayPal mobile has seen more than half a million transactions.
- PayPal said historically, 12:00 P.M. and 1:00 P.M. are the busiest online shopping times over the holiday season.
And some additional factoids about online and offline holiday shopping:
- Black Friday spending in retail stores showed a slight 0.5 percent increase versus the same period in 2008, according to ShopperTrak, which said spending totaled $10.660 billion as compared to $10.606 billion on Black Friday 2008. (Sales on Black Friday 2008 had increased 3 percent versus Black Friday 2007.)
- Nearly 90% of Americans polled will be using the Internet for shopping/researching and more than 70% will use it to purchase gifts, according to Yahoo's "12 Weeks of Christmas" consumer survey conducted by Decipher, Inc. in October (survey results).
For some outside-the-box thinking about holiday shopping figures, see Robert Farago's blog post, "The Price is Wrong: Black Friday E-Commerce Traffic Takes a 15% Tumble." Of course, the trend of discount pricing goes beyond Black Friday and Cyber Monday - retailers and marketplaces have been putting downward pressure on pricing all year with their focus on the secondary market.
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Reading AuctionBytes Blog: eBay Plots 1 Million Transactions on Black Friday Map |
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