Study: Cyber Monday was biggest online shopping day ever in U.S.
" ... up 22% from the previous record, which was last year's Cyber Monday.
Online shopping for the month of November has hit $15 billion, a 15% increase compared to last year, comScore says.
Tricks of the retail trade
App merges TV viewing, shopping
Discounting efforts by some online retailers, including Amazon.com and Apple, in the hopes of bringing some of the mall's Black Friday magic to the Web appear to have paid off. With a 26% jump over last year, the day after Thanksgiving saw the highest increase in spending compared to 2010 than any other period in November, according to comScore. However, online spending on Cyber Monday still outpaced Black Friday by a healthy margin, the research says.
"... "There's a pent-up demand from consumers," Molyneux told a roomful of reporters in San Francisco on Tuesday. "There's a demand, and consumers need to feel that they can spend again."
Online shopping for the month of November has hit $15 billion, a 15% increase compared to last year, comScore says....
Discounting efforts by some online retailers, including Amazon.com and Apple, in the hopes of bringing some of the mall's Black Friday magic to the Web appear to have paid off. With a 26% jump over last year, the day after Thanksgiving saw the highest increase in spending compared to 2010 than any other period in November, according to comScore.
Gee, there's a real message there. And it's got nothing to do with the oxymoronic "pent-up" demand fable.
It has to do with demand increasing as prices were reduced.
Who would've thunk it?
Do you think there's a message there for retailers & sellers? Like maybe your goods are priced too high? (As in above the optimal price point on the demand curve?)
from: The Declaration of Independence: "all Men are...endowed by their Creator with certain unalienable Rights... to secure these Rights, Governments are instituted... whenever any Form of Government becomes destructive of these Ends, it is the Right of the People to alter or abolish it"
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Apr 14, 2021 1:41:25 GMT -6
Susan George: Thank You for your support!
Dec 21, 2020 17:18:51 GMT -6
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Nov 29, 2020 17:15:41 GMT -6
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Nov 13, 2019 16:18:54 GMT -6
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Nov 13, 2017 15:19:23 GMT -6
ace comando: Well, it took me several days and a lot of code writing to sift through the millions of achieved pages on the Wayback Machine achieves. Was about to give up when a colleague gave me mining script to look at all archived pages whether displayed or not. And
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Jun 12, 2014 11:52:53 GMT -6
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May 29, 2014 8:44:44 GMT -6
jeffolie: One might short a bull ETF to gain the decay but this requires a margin position subject to changes imposed by the exchanges & brokers
Oct 26, 2013 13:26:07 GMT -6
jeffolie: Holding a stop loss in these algo dominated markets almost always means the algos will hit your stops
Oct 26, 2013 13:20:09 GMT -6
jeffolie: Even so, these leveraged ETFs do not create margin calls nor expiration dates thus allowing one to hold indefinitely
Oct 26, 2013 13:17:52 GMT -6
jeffolie: Yes, the ETF features fading/leveraged decay because the futures and/or options used decay plus the administrative costs rise the decay, declining value ... I accept this as a cost and feature of all ETFs that purchase futures/options to maintain price
Oct 26, 2013 13:15:38 GMT -6
mimzy: jeffolie ~ I've been reading/lurking you for a year or three now and was wondering if your could you explain how you overcome quantum fading/leveraged decay in your ETF short position of the DJIA?
Oct 25, 2013 20:46:26 GMT -6