Marketplaces outstrip digital growth in November
Online sales at third party marketplaces grew faster than the overall industry, according to cloud-based e-commerce solutions provider ChannelAdvisor.
The digital measurement firm reports that November was a mixed month for e-commerce channels. But Amazon, Google Shopping and Other 3PMs (third party marketplaces) grew materially faster than the 16% e-commerce baseline growth rate comScore had predicted.
Specifically, ChannelAdvisor reports:
Amazon: Amazon’s November same store sales came in at 35.7%, an increase compared to October’s 32.4%.
EBay: eBay’s November came in at 9.8%, up from October’s 4.4% and below the e-commerce growth rate.
Other 3PM: 3PM continued strong growth in November, coming in at 41.6%, a decrease from October’s 65.5%. They are growing at three times the pace of e-commerce.
CSE: Comparison Shopping Engines came in at 12.3% for November, up from October’s 4.2%. This was largely driven by weakness in the traditional CSE segment that over-shadowed strength in Google Shopping.
Search: Search came in at 15.6% for November, an increase from October’s 6.7% y/y growth.