Ecommerce Names Fall Following ChannelAdvisor SSS Report
ChannelAdvisor released its monthly Same-Store Sales analysis for eBay Inc (NASDAQ: EBAY), Amazon.com, Inc. (NASDAQ: AMZN) and Comparison Shopping Engines (CSE) including Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL).
ChannelAdvisor SSS Chart for February 2014 through February 2015:
Highlights from the data showed that Amazon's year-over-year February SSS came in at 22.7 percent, which was a decrease from January's 27 percent.
eBay's February SSS were 5.1 percent, below January's 6.8 percent, while CSEs came in at -4.4 percent which was better than January's -9.4 percent.
ChannelAdvisor found that eBay's SSS auctions were -26.2 percent year-over-year which followed January's -16.2 percent year-over-year decline.
Google Shopping came in at 20.7 percent year-over-year, which followed a strong increase in January of 10.1 percent year-over-year.
ChannelAdvisor Scot Wingo concluded, "February continued Q1 2015 with some channels exceeding the ~15 percent comScore e-commerce growth rate baseline: Amazon, Google Shopping, eBay Motors P+A category and ‘Other 3PM' while eBay fixed price/auction, Search, and CSE grew slower than the baseline."
Google recently traded at $559.50, down 1.64 percent.
Amazon also fell Tuesday, and recently traded at $369.80, down 2.31 percent.
eBay fell 2.38 percent to $59.35.
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