Consumer Payment Card News

Online 2004

Online consumer retail spending and online travel spending topped $117 billion last year, a 26% gain over 2003. During the recent holiday season, consumers racked up $15.8 billion in online retail sales and $7.8 billion in online travel sales, a 29% and 28% year-over-year gain, respectively. comScore Networks says its research shows that a group of 25 multi-channel retailers, or those conducting sales both online and offline, posted an aggregate year-over-year growth rate that was approximately twice that of online retail in total. comScore Networks noted that through December, holiday season growth was tracking at 23% but it accelerated dramatically during the weeks ending December 19 and December 26, with sales growing by 57% and 53%, respectively.

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|_4. Online Consumer Spending |
|_4. Excludes Auctions and Large Corporate Purchases |
|_. | 2003 | 2004 | Y/Y CHNG |
|_. | (billions) | (billions) | |
|_. Non-Travel (Retail)| $52.9 | $66.5 | 26% |
|_. Travel | $40.4 | $50.9 | 26% |
|_. Total | $93.2 | $117.4 | 26% |
|_4. Source: comScore Networks |

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