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The following is a guest post by a fellow investor (mobile guru) whose interest lie within the mobile space.
With Black Friday safely behind us all retail eyes shift to Cyber Monday. Early stats show that the online portion of black Friday increased over 16% from last year. Last years Cyber Monday sales approached $900M which makes it likely that Mondays sales will exceed $1B for the first time on Monday.
How big is Cyber Monday in terms of retail?
Nearly 90% of retailers participate in some way on Cyber Monday. That is up from 73% the year before and it will probably be close to 100% next year. Some retailers only offer free shipping as one of their big inducements but most are offering some unique items at large discounts. Groupon, Facebook and Twitter will be competing with the brick and mortar retailers and add to the shopping bonanza. Not to mention a lot of the mobile applications that allow quick reviews and cross price comparisons on different sites.
One area that does not get a lot of attention is in the free shipping part of the equation. What companies benefit the most from this? … [visit site to read more]
