ChannelAdvisor Reports Cyber Five Growth At 20.6%, Cyber Monday At 16.7%

ChannelAdvisor published results on its blog for the Cyber Five and Cyber Monday.

Scot Wingo at ChannelAdvisor “summarized the Cyber Five first five days of Holiday 14 kick off in the far right column.  The Cyber Five came in at a robust 20.6 percent, exceeding the 16 percent forecast from comScore.”

Source: ChannelAdvisor

Wingo added that “we won’t know until ~12/23 if everything is shifted forward or we are going to see a persistent ~20 percent growth.  That being said, when you look at the Cyber Five trends, you do see a shift forward.  For example, Cyber Saturday was the biggest gainer because online retailers pushed their Cyber Monday promotions earlier than past years.”

Amazon.com, Inc. AMZN and eBay Inc. EBAY appreared to be the big winners according to ChannelAdvisor, both experienced YoY growth above 20 percent.

Amazon.com, Inc. recently traded at $324.94, down 0.32 percent and eBay Inc recently traded at $55.06, up 0.35 percent.