Pricegrabber has released a report on online Black Friday sales. While cautious optimism has emerged about Black Friday sales, forecasts for the holiday season are not good. Brick-and-mortar sales are estimated to drop one percent this year while online shopping will rise by 3 percent. That online "surge" is demonstrated in Pricegrabber's report.
PriceGrabber, available at Pricegrabber.com, is a division of Experian. It's report, issued Saturday, showed that the categories gravitated toward included MP3 Players, high-definition TVs and GPS units. The most sought-after Black Friday 2009 products, according the report, included the Nintendo Wii video gaming console, nuvi 265WT GPS and the Apple iPod touch 8GB.
PriceGrabber survey showed that 45 percent of consumers were planning to shop on Black Friday, with 80 percent of those planning to buy. For Cyber Monday, which is tomorrow, 45 percent overall plan to shop with 66 percent of thoes making a purchase.
In addition to other useful purposes, Pricegrabber is a portal that users can search to find the best prices for products at various online retailers. Not all vendors post their prices there, however. You won't find Amazon.com pricing there, for example. An alterntiave is to use Google or (surprisingly) even better, Bing's "decision engine," if you don't have a specific store in mind to buy from.
Pricegrabber has a list of the products that showed the greatest price drops on Black Friday:
Black Friday deep discounts: average price drops
1. Docking Stations drop from $138 to $69, a 50% decrease
2. MP3 Players drop from $132 to $88, a 33% decrease
3. Plasma & LCD TVs drop from $1296 to $963, a 26% decrease
4. GPS drops from $208 to $167, a 20% decrease
5. Microwave Ovens drop from $289 to $256, a 12% decrease
Additionally, Pricegrabber ha a list of the Top 10 categories and percentage growth over Black Friday 2008:
Top 10 categories and percentage growth over Black Friday 2008
1. Tires -- 118%
2. Freezers -- 104%
3. Washer/Dryer Combos -- 70%
4. Swings & Bouncers -- 58%
5. HDTV Replacement Lamps -- 48%
6. Refrigerators -- 30%
7. Cell Phones -- 26%
8. Men's Boots -- 18%
9. Laptops -- 17%
10. PlayStation® 3 Consoles & Accessories -- 12%
Finally, the most popular products for Black Friday 2009, from the Pricegrabber report:
Top 10 most popular products for Black Friday 2009
1. Wii Console
2. nuvi 265WT GPS
3. Apple iPod touch 8GB
4. D90 SLR Digital Camera Kit
5. Digital Rebel XSI 12MP Black Digital SLR Camera w/ Kit
6. nuvi 765T GPS
7. Wii Fit
8. Apple iPod touch 16GB
9. nuvi 255W Wide-Screen Automotive GPS
10. Nintendo® DS Limited Edition Pokemon Pack
Written by Michael Santo
HULIQ.com
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