comScore Reports $186.2 Billion in Full Year 2012 U.S. Retail E-Commerce Spending, Up 15 Percent vs. Year AgoQ4 2012 Spending Grew 14 Percent to $56.8 Billion
comScore Chairman Gian Fulgoni to Present Overview of Q4 2012 E-Commerce Trends in Upcoming Webinar
RESTON, VA, February 7, 2012 comScore, Inc. (NASDAQ: SCOR), a leader in measuring the digital world, today released its Full Year and Q4 2012 U.S. retail e-commerce sales estimates. For the full year, U.S. retail e-commerce sales reached $186.2 billion, an increase of 15 percent the strongest annual growth rate since before the recession. Q4 2012 sales grew 14 percent year-over-year to $56.8 billion, marking the first ever $50 billion quarter. It also represents the thirteenth consecutive quarter of positive year-over-year growth and ninth consecutive quarter of double-digit growth.
Retail E-Commerce (Non-Travel) Growth Rates
Excludes Auctions, Autos and Large Corporate Purchases
Total U.S. Home & Work Locations (excl. Mobile)
Source: comScore, Inc.
Quarter E-Commerce Spending ($ Millions) Y/Y Percent Change
Q1 2007 $27,970 17%
Q2 2007 $27,176 23%
Q3 2007 $28,441 23%
Q4 2007 $39,132 19%
Q1 2008 $31,178 11%
Q2 2008 $30,581 13%
Q3 2008 $30,274 6%
Q4 2008 $38,071 -3%
Q1 2009 $31,031 0%
Q2 2009 $30,169 -1%
Q3 2009 $29,552 -2%
Q4 2009 $39,045 3%
Q1 2010 $33,984 10%
Q2 2010 $32,942 9%
Q3 2010 $32,133 9%
Q4 2010 $43,432 11%
Q1 2011 $38,002 12%
Q2 2011 $37,501 14%
Q3 2011 $36,308 13%
Q4 2011 $49,698 14%
Q1 2012 $44,282 17%
Q2 2012 $43,153 15%
Q3 2012 $41,936 15%
Q4 2012 $56,781 14%
2012 was a year in which for the most part e-commerce continued to grow strongly, despite an uneven macroeconomic environment showing signs of recovery but also cause for continued concern, said comScore chairman Gian Fulgoni. With e-commerce growth rates consistently in the mid-teens throughout the year, it is clear that the online channel has won over the American consumer and will increasingly be relied upon to deliver on the dimensions of lower price, convenience and selection. The only real blemish on an otherwise outstanding year for e-commerce was a holiday season that fell shy of initial expectations, apparently due to consumers' fiscal cliff concerns. To the extent that this pullback was just a temporary shock and not a sign of underlying economic weakness, we are optimistic that 2013 will build on the momentum of the past year.
Other highlights from Q4 2012 include:
The top-performing online product categories were: Digital Content & Subscriptions, Consumer Electronics, Toys & Hobbies, Apparel & Accessories, and Books & Magazines. Each category grew at least 15 percent vs. year ago.
U.S. Retail E-Commerce spending reached 10 percent of Total U.S. Retail spending for comparable categories (excluding Food, Gas & Auto), the first time it has reached double-digits.
The 14-percent year-over-year growth of retail e-commerce spending in Q4 was driven by a 6-percent increase in the number of buyers and an 8-percent increase in spending per buyer.
Webinar Series: State of the U.S. Online Retail Economy through Q4 2012
Join Gian Fulgoni and Andrew Lipsman, VP of Industry Analysis, as they present an update of the state of the U.S. online retail economy through Q4 2012 in a live webinar on Friday, February 15 from 2-3 p.m. EST / 1-2 p.m. CST / 11-12 p.m. PST. Featured content includes a review of the 2012 holiday shopping season, plus detailed sections on showrooming behavior and digital wallets.
To register for the webinar, please visit: http://www.comscore.com/Insights/Events_and_Webinars/Webinar/2013/State_of_the_Online_Retail_Economy_Q4_2012
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comScore Reports $186.2 Billion in Full Year 2012 U.S. Retail E-Commerce Spending, Up 15 Percent vs. Year AgoQ4 2012 Spending Grew 14 Percent to $56.8 Billion
