- June 25, 2013

Oppenheimer Consumer Conference 2013

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Comscore chairman and co-founder Gian Fulgoni presented the State of the U.S. Online Retail Economy at the Oppenheimer 13th Annual Consumer Conference and included a review of key macroeconomic trends, multi-platform commerce insights and consumer sentiment.

Key takeaways from this presentation include:

  • e-Commerce growth was strong at 13% Y/Y in Q1 and accelerated to 16% during April-May
  • The increase in payroll taxes appeared to take some disposable income from consumers’ pockets in Q1, but that concern has ameliorated in Q2 and sales growth has accelerated
  • The channel shift continues, with e-Commerce reaching all-time high of 10.6% of total discretionary retail sales in Q1 (11.8% including m-Commerce)
  • Free shipping, application of sales tax, and delivery options all likely to affect health of e-Commerce channel going forward
  • 11% of all digital retail commerce now coming from mobile platforms

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