Web retail up 15.6% in April: MasterCard

April e-commerce sales increased 15.6% year-over-year, according to MasterCard Advisors' SpendingPulse report, which also found the average price of an online transaction was up 0.2% compared to April 2009.

During last month, the luxury category posted a 15.5% year-over-year increase, paralleling its 15.2% jump in February. Electronics sales increased 8.5% year-over-year in April 2010, while women's apparel saw a 4.1% decline and men's apparel dropped 0.5% during the same period.

“The recession has been e-commerce's best friend,” said Fiona Dias, EVP of strategy and marketing at e-commerce firm GSI Commerce. “If you look at [fourth quarter] 2009 for retail stores, retail started to cut costs. They took associates out of their store; they took inventory out.”

She added that retail will eventually recover, “but not at the same pace as e-commerce.”

Mike Berry, director of industry research at MasterCard SpendingPulse, noted that “in many sectors of the retail marketplace, e-commerce is the only major growth sector.”

“The retailers who are growing are the ones who are growing e-commerce traffic,” he said. “Many of the drivers of the e-commerce space are pure e-commerce players. They don't even have a bricks-and-mortar presence.”

close

Next Article in Multichannel Marketing

Follow us on Twitter @dmnews

Latest Jobs:

Featured Listings

Dart Warehouse Corp

Dart Warehouse Corp

Dart Fulfillment Services specializing in E-Commerce, Catalog Fulfillment, Retail Replenishment, Product Assembly & ...

SLI Systems

SLI Systems

SLI Systems offers full-service, customized, On-Demand solutions for Site-Search, Navigation, Merchandising, and User ...

more »

More in Multichannel Marketing

Customers Star at Macy's

Customers Star at Macy's

Macy's CMO Martine Reardon describes the company's shift to a data-centric culture.

Whirlpool Gives Storytelling a Spin

Whirlpool Gives Storytelling a Spin

The home appliance manufacturer uses storytelling to connect with consumers.

Web, Social, or Mobile? All of the Above

Web, Social, or Mobile? All of the Above

It's time for marketers to break down silos and reach buyers across all platforms.