Online Merchants Show Strong Signs of Growth in Q3

Online merchants have reason for optimism heading into this holiday season, finds MarketLive [download page] in an October report. During the third quarter – which included back-to-school and Labor Day activity – the merchants tracked by MarketLive on a same-site basis recorded a 13% year-over-year increase in visits and a 16% rise in revenue. In another healthy sign, the cart abandonment rate dropped by 2% to 62.5%. (more…)