LOS ANGELES, Nov. 26 /PRNewswire/ — PriceGrabber.com(R), a part of Experian, announced earlier today that the shopping comparison site has received an initial increase in traffic to merchants of 54 percent year over year as of 12 p.m. noon PST on this “Cyber Monday.” Statistics during the busy shopping weekend show strong growth and momentum going into the holiday season.

“With ‘Cyber Monday’ being recognized as one of the biggest online shopping days of the year, we are definitely seeing consumers spending some spare time at work comparing the prices they saw in the malls over the holiday weekend with available deals online,” said Ron LaPierre, president of PriceGrabber.com.

Based on heavy online turnout during the Thanksgiving weekend, comScore predicted that online shopping would surpass a record $700 million on Monday. Overall, comScore forecasts holiday Web sales to reach $29.5 billion this year, a 20 percent jump from a year ago.

A recent survey of 1,959 PriceGrabber.com shoppers revealed that 88 percent expect to do at least 50 percent of their holiday shopping online, with 45 percent of survey respondents doing 80 percent online. Results from the past holiday weekend indicate the continued success of online shopping this season.

Top Selling Products on Cyber Monday
1. Nintendo Wii Console
2. Microsoft Zune 30GB Media Player — Brown
3. Logitech VX Revolution Wireless Laser Mouse for Notebooks — USB
4. TomTom ONE 3rd Edition GPS
5. PowerShot SD1000 Silver Digital Camera
6. Apple iPod nano 3rd Generation 4GB MP3 Player — Silver
7. Activision Guitar Hero III Legends of Rock Bundle
8. Garmin nuvi 350 GPS
9. Ugg Classic Tall Boot
10. PowerShot SD850 IS Digital Camera

Top Selling Products by Category

Electronics
1. Microsoft Zune 30GB Media Player — Brown
2. TomTom ONE 3rd Edition GPS
3. Apple iPod nano 3rd Generation 4GB MP3 Player — Silver

Computers
1. Logitech VX Revolution Wireless Laser Mouse for Notebooks
2. Nokia N800 PDA
3. Western Digital My Book Premium Edition External 500GB Hard Drive

Cameras
1. PowerShot SD1000 Silver Digital Camera
2. PowerShot SD850 IS ELPH Digital Camera
3. Canon EOS Rebel XTi Black SLR Digital Camera w/ 18-55mm Kit

Video Games
1. Nintendo Wii Console
2. Activision Guitar Hero III Legends of Rock Bundle (Wii)
3. Microsoft Xbox 360 Elite System Bundle

Toys
1. Hannah Montana Guitar
2. Transformers Ultimate Bumblebee
3. Sky Blades R/C Helicopter

Apparel
1. Women’s Ugg Australia Classic Tall Boot
2. Women’s Ugg Classic Short Boot
3. Prada Crocodile Satchel Coffee Handbag

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