PR Newswire
NEW YORK, Dec. 5, 2016
NEW YORK, Dec. 5, 2016 /PRNewswire/ -- It was a strong weekend for online shopping, according to Verizon Enterprise Solutions' third annual Holiday Retail Index. Today's report -'Weekends can make it or break it for retailers.' – shows ecommerce traffic increases in both daily and peak volumes on Saturday and Sunday, and is now available in Verizon's Media Center. The Holiday Retail Index by Verizon provides key insights into consumer ecommerce traffic during the holiday shopping season based on traffic across Verizon's broadband networks to the top 25 U.S.-based online retailers.
"This healthy spike in weekend traffic demonstrates the importance of getting promotions right when consumers are focused on ticking items off their holiday shopping lists," said Michele Dupré, group vice president of retail, distribution and hospitality with Verizon Enterprise Solutions. "With special offers now a holiday season norm, the challenge is in spreading promotions out to keep consumers interested and coming back. It's early in the season – with Christmas and Hanukkah three weeks out - and plenty of selling still to be done."
The Verizon Retail Index tracks ecommerce traffic across Verizon's broadband networks to the top 25 U.S.-based online retailers as identified by eMarketer based on annual revenue. The Index monitors network traffic throughout the holiday shopping season, including during signature events such as Black Friday and Cyber Monday.
The next edition of the 2016 Verizon Retail Index will capture digital shopping activity from Saturday and Sunday (Dec. 10-11) and will be released on Monday, December 12 by 1pm Eastern time. Findings from the Index are released throughout the season with an emphasis on key dates which historically have motivated consumers to shop. The complete list of report publication dates includes:
Contact Maria Montenegro at maria.montenegro@verizon.com to speak with Michele Dupré or for additional information.
Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York City, has a diverse workforce of 162,000 and generated nearly $132 billion in 2015 revenues. Verizon operates America's most reliable wireless network, with 113.7 million retail connections nationwide. The company also provides communications and entertainment services over mobile broadband and the nation's premier all-fiber network, and delivers integrated business solutions to customers worldwide.
VERIZON'S ONLINE NEWS CENTER: News releases, feature stories, executive biographies and media contacts are available at Verizon's online News Center at www.verizon.com/news/. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.
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Media contact:
Maria Montenegro
571.926.4170
maria.montenegro@verizon.com
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/2016-holiday-retail-index-by-verizon-reports-healthy-weekend-digital-commerce-activity-300372988.html
SOURCE Verizon
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