That slowdown was to be expected, Andrew Lipsman, comScore's senior director of industry analysis, tells Marketing Daily. "Our forecasted holiday growth of 11% accounts for an expected slowdown," he says. "The heavy promotional activity early in the season pulled demand forward a bit, so we did not think that 13% growth rates could be sustained throughout the season."
So far, comScore reports that e-commerce spending for the first 33 days of the November – December 2010 holiday season has hit $16.8 billion, a 12% increase from that same period last year. And this Cyber Monday came in at a record $1.028 billion.