Cyber Monday Kicks Off Record $6B Online Holiday Shopping Week Thanks To Free Shipping Offers

Consumers continue to set records with online shopping sales this holiday season. After spending a whopping (and record) $1.25 billion on Cyber Monday, online shoppers continued spending online, with two other days in the past week eclipsing the $1 billion mark in e-commerce sales, bringing the total week's value to $6 billion. comScore reports that Tuesday, November 29 reached $1.12 billion, while Wednesday, November 30 reached $1.03 billion. These three billion dollar spending days currently rank as three of the four heaviest online spending days in history (with Cyber Monday 2010 being the other). To date, $18.7 billion has been spent online this holiday season, a 15 percent increase from the same period last year. So what is the reason why more consumers are spending online? comScore says that free shipping is one major factor many shoppers are considering when paying for presents this holiday season. This incentive, says the data research company, is being used at record levels over the first few weeks of the holiday season.

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