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December 29, 2005

Holiday Spending & An eBay Auction Business

According to Goldman, Sachs & Co., Nielsen/NetRatings and Harris Interactive, online holiday spending during the week of December 10 -16 was $25 BILLION. Yep, that's right ... "B" not "M". This is 25% more than the same time last year.

We spent money on:

* Computers: $3.75 billion
* Consumer electronics: $3.67 billion
* Clothing: $4.68 billion
* Toys: $1.91 billion

Now here's the really interesting part for us eBay sellers: 23.4% of shoppers went directly to eBay. Is eBay in the public consciousness or not? Does that translate to sales? It's gotta. Happy 2006, fellow auction sellers!

Posted by SydneyJohnston at December 29, 2005 1:49 PM

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