Online Shopping Spending to Stay Steady in 2012 (GRPN)

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By Paul Ausick Published

Ecommerce site PriceGrabber.com surveyed 933 online shoppers during a three-week period in late January to mid-February, and 51% of those surveyed said that they intend to maintain the same level of spending in 2012 as in 2011. Another 21% said they plan to spend more in 2012 than they did last year, while 28% plan to spend less.

Daily deal sites like Group Inc. (NASDAQ: GRPN) and PriceGrabber’s own local deals offerings can look forward to 46% of shoppers using their services. Deal shoppers search most for dining out deals, shopping deals, entertainment and event deals, and family deals.

One interesting data point:

According to the survey, the average shopper will make 53 percent of his or her overall purchases online, 42 percent from brick-and-mortar stores and 5 percent from a mobile phone.

The PriceGrabber press release is available here.

Photo of Paul Ausick
About the Author Paul Ausick →

Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

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