« Diamond Engagement Rings: Eye Candy IV. | Main | Jewelry At Top of Holiday Gift Giving, Study Finds. »
Diamond Online Holiday Sales: It's Crystal Ball Time.
Doug Schwegman, Market Research Director for Cybersource, a leading Credit Card Processor for Online Merchants is the first e-commerce analyst to open his crystal ball and prognosticate on whither Holiday on-line sales are going.
Last year the U.S. Dept. of Commerce reported that online sales by U.S. retailers grew 23.9% in the fourth quarter. So what is the growth outlook for 2005 holiday sales? As of mid October, only a few forecasts of online retail sales for the upcoming holiday season have been published (see table below). Those estimates range from 22% to 26%.
So far in 2005, online retail sales have turned in a solid performance according to U.S. Dept. of Commerce data. Year-over-year Q1 growth was 23.3% and that accelerated to 26% in Q2. Third quarter data will not be available until November 22nd but merchant performance indicates that third quarter growth will be similar to that of the second quarter. In Q3 merchants processing over one year achieved a 42% year-on-year growth in credit card transactions, exceeding the 38% growth they reported the quarter before. So it appears, according to Schwegman that we are entering the holiday selling period with good online sales momentum. Further, higher gasoline prices may actually provide additonal incentive for shoppers to use online vs. in-store channels.
Coming down the homestretch in these last two months of the year, trying to estimate the peak shopping day is harder this year than in past years. This is because the biggest shopping day has historically been the Monday that falls at least seven days prior to Dec. 25th. By that formula, in 2005, the peak shopping day will be Dec. 12th. But there's a complication this year. Monday the 19th is almost seven days prior to Christmas day, so it may be possible that the 19th will be the peak day if enough online merchants and shipping providers decide to guarantee December 24th delivery for orders placed on the 19th. In any event, it seems reasonable to expect that the peak online selling period this year will be Dec. 12th - 19th.
Over the past two years the average on-line merchant has seen order levels about 40% higher in the peak selling period compared to the first week of October. Diamond and jewelry merchants see much higher seasonality. The upsurge in orders typically starts the week following Thanksgiving, but 2004 saw an earlier uptick starting in mid-October as some merchants started holiday promotions earlier than normal.
Stay tuned.
Comments
I appreciate, cause I found exactly what I was looking for. You've ended my four day long hunt! God Bless you man. Have a nice day. Bye
Posted by: authentic jerseys from china on March 11, 2011 1:08 PM
I have been exploring on the web more than 2 hours today, yet I never read any captivating blog like this one. It's pretty worth a lot of for me. Personally, if all web owners and bloggers made good info as you did, the web will be much more worthy than ever before.
Posted by: Charlotte Migraine on March 18, 2011 2:25 PM
You make a valuable point on your website than many people do. I totally agree with you.
Posted by: body skin care on March 25, 2011 9:39 AM
What i find complicated is to uncover a post that can grab my attention for a minute but you for sure add value. Keep it like this.
Posted by: installation terrasse bois on March 28, 2011 6:19 PM
If you're still on the fence: grab your favorite earphones, head down to a Best Buy and ask to plug them into a Zune then an iPod and see which one sounds better to you, and which interface makes you smile more. Then you'll know which is right for you.
Posted by: Strattera medicine on March 29, 2011 9:18 AM
One of the most suitable sites I have uncovered for know-how within this specific niche market. I'll be coming back daily for new pages.
Posted by: magnetic generator on March 29, 2011 9:58 PM
Do you people have a my space page? I looked for one on bing but could not pick up on one, I would certainly enjoy to be a fan! Thanks
Posted by: job internet on March 31, 2011 2:40 PM
Well written web page, well researched and useable for me now. I am so glad you took the time and effort to write this web page. Will be back before long to read more about this topic.
Posted by: cours guitare on April 1, 2011 7:42 PM
Nikki,
Posted by: Rosetta stone languages on April 22, 2011 2:08 PM
You really allow it to be seem very easy together with your presentation but I've found this topic to become actually a thing that I believe I'd never understand.
Posted by: wardrobe storage on April 24, 2011 7:57 AM
I'll gear this review to 2 types of people: current Zune owners who are considering an upgrade, and people trying to decide between a Zune and an iPod. (There are other players worth considering out there, like the Sony Walkman X, but I hope this gives you enough info to make an informed decision of the Zune vs players other than the iPod line as well.)
Posted by: Cheap Christian Louboutin on April 24, 2011 10:59 PM
Say that again?
Posted by: Christian Louboutin shoes on April 25, 2011 12:59 AM
Fascinating..
Posted by: Christian Louboutin Sandals on April 25, 2011 2:59 AM
I consider Aol. Need to be both the best and also the worst on the 12 months. It's the greatest, because yes, it will likely be noticed essentially the most. It also does set a long term for that model, pretty distinct from their previous as Internet, Inc. It truly is also quite creative; it's quite different. It really should be the worst although since the execution is terrible. The notion, nonetheless is resourceful, just sucks. There's very little cons istency, as well as wordmark bores me.
Posted by: Christian Louboutin shoes on April 25, 2011 3:17 AM
Thanks for an additional fabulous write-up, th is a single has been book-marked.
Posted by: Christian Louboutin on April 25, 2011 3:43 AM
would you brain articulating a handful of these things you like?
Posted by: Cheap Christian Louboutin on April 25, 2011 4:03 AM
Cherished the article!And eps. liked the brand new Nickelodeon logo!
Posted by: Cheap rosetta stone on April 25, 2011 4:28 AM
Superb info it is unquestionably. My father continues to be waiting for th is hints.
Posted by: rosetta stone activation on April 25, 2011 2:29 PM
I do notknow about these conclusions but I was glad to determine Xe/Blackwater included around the Worst of 2009!
Posted by: Rosetta stone spanish on April 25, 2011 9:20 PM
I really loved th is submit!
Posted by: rosetta stone free on April 26, 2011 1:37 AM
Everything looks wonderful , terrific to see how talented and creative they are.
Posted by: Rosetta stone languages on April 26, 2011 1:45 AM
Adore the l ist, believe that you were spot on with th is a single. Terrific career and ca notwait for a further year of Fresh.
Posted by: Rosetta stone languages on April 26, 2011 2:20 AM
I had issues together with your website on my browser and had to refresh the page a few times?-
Posted by: Cheap rosetta stone on April 26, 2011 2:59 AM
I've meant to write down about one thing like th is on my webpage and you could have given me an notion. Thank you.
Posted by: Rosetta stone languages on April 26, 2011 4:24 AM
Would you brain if I reference some sentences out of your publish? I am researching for undertaking for highschool. Thanks!
Posted by: cheap links of london on April 26, 2011 5:11 AM
do you've got an rss feed?
Posted by: links of london jewelry on April 26, 2011 8:38 PM
It is wonderful to search out one thing really worth looking at. Appears to be like everybody is starting a web-site and tossing up whatever pops into their mind. Often it doesn't make superior sense. I'm pleased to find out that shouldn't be the situation right here.
Posted by: links of london store on April 26, 2011 9:17 PM
I have been observing posts. I usually discover you articles enlightening.
Posted by: links of london on April 26, 2011 9:39 PM
I just additional th is feed to my favorites. I really like studying your posts. Thank you!
Posted by: links of london stockists on April 26, 2011 10:00 PM
Hello that can be a quite fascinating view, It does give 1 food for thought, I'm extremely delighted I stumbled on your blog site, i was using Stumbleupon at the time, anyway i do notwant to drift on too much, but i would like to mention that I'll be again when I have a little time to go through your weblog extra exhaustively, Once yet again thanks for the submit and please do preserve up the great work,
Posted by: links of london store on April 26, 2011 10:39 PM
Early learning suchlike identifying opposite shapes and colors also ar ise into the organization that would make it a lot of beseeching to younger kids because it helps them to learn with exciting.
Posted by: jimmy choo designer shoes on April 26, 2011 11:12 PM
Excellent info it is certainly. My father continues to be waiting for th is suggestions.
Posted by: jimmy choo handbag on April 27, 2011 1:41 AM
is th is usually a joke? hyperlink bait to have the style community to link for your controversial option? aol? severely?
Posted by: jimmy choo shoes price on April 27, 2011 2:14 AM
th is Needs to be a joke.
Posted by: jimmy choo shoes on April 27, 2011 2:30 AM
i like th is blog also bad you have so quite a few unrelated comments
Posted by: jimmy choo phyllis on April 27, 2011 3:02 AM
Th is total thing is really a joke. Regardless of how the design group feels about these redesigns, their influence is measured by results, not opinions. Ca notwe discuss th is shit responsibly?
Posted by: christian louboutin pumps on April 27, 2011 4:00 AM
how old is th is submit?
Posted by: christian louboutin helmut on April 27, 2011 5:03 AM
good publish but adding some pics will allow it to be superior.
Posted by: cheap christian louboutin shoes on April 27, 2011 10:24 PM
th is really is heading on my twitter?-
Posted by: cheap christian louboutin on April 27, 2011 10:38 PM
Armin, I feel you forgot an is??? inside the image headers, in which it says Th may be the NO. # worst identification of 2009.???
Posted by: christian louboutin pumps on April 27, 2011 10:54 PM
Just desired to say th is blog site is in my greatest blog l ist on #46.
Posted by: cheap asics shoes on April 27, 2011 11:43 PM
Thank you!I really will need backlinks also!
Posted by: asics hyperspeed 3 on April 28, 2011 12:40 AM
I've to say that I, personally, love the way the Commerzbank brand turned out. To get two manufacturers and mildew them into a person is usually challenging, but th is answer looks so simple. That's kinda the point even though is notit? :O)
Posted by: asics tigers on April 28, 2011 12:59 AM
Thank you a lot, excellent post! Th is was the matter I needed to know.
Posted by: asics shoes on April 28, 2011 1:16 AM
yeah, what about killington?
Posted by: cheap asics shoes on April 28, 2011 1:29 AM
Do notforget Union Financial institution as one particular on the worst redesigns.
Posted by: cheap asics on April 28, 2011 1:53 AM
Excellent weblog, thanks for writing th is submit
Posted by: asics store on April 28, 2011 2:16 AM
i like th is blog also bad you may have so several unrelated comments
Posted by: Rosetta stone spanish on April 28, 2011 5:20 AM