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# E-commerce 21%, H&M Enters the Metaverse, Winning Despite Mistrust
- URL: https://www.nearmedia.co/e-commerce-21-h-m-enters-the-metaverse/
- Published: 2022-01-03T20:05:33.000Z
- Updated: 2022-01-03T20:12:27.000Z
- Author: Greg Sterling
- Tags: News

### Holiday Spending Grows, E-commerce 21%

Despite a resurgent pandemic, US consumers still shopped a lot in the run up to Xmas. According to [data](https://www.mastercard.com/news/press/2021/december/mastercard-spendingpulse-u-s-retail-sales-grew-8-5-this-holiday-season/?ref=nearmedia.co) from MasterCard, total holiday retail spending grew 8.5% year-over-year, while e-commerce notched 11.0% growth. In-store shopping grew 8.1% and might have gone higher but for Omicron. Compared with the same period in 2019, online shopping was up 61.4%. Overall, e-commerce captured 21% of total retail spending during the period from November 1 - December 24, 2021\. And total US retail holiday spending was up nearly 11% compared to 2019\. 

![](https://storage.ghost.io/c/03/80/0380d96d-ef7e-450e-96b3-2963e18aaab5/content/images/2022/01/holiday-sales-12_26_21.jpeg)

**Our take:** 

- Stores remain strategic but nearly all shoppers are now hybrid consumers, equally willing to shop online or off.
- The future of offline retail is increasingly showrooming, with stores providing multiple forms of support to e-commerce.
- Separately**,** Walmart [captured](https://www.cnbc.com/2021/12/30/walmart-drew-one-in-four-dollars-on-click-and-collect-market-researcher.html??ref=nearmedia.co) 25% of all click-and-collect orders in 2021 – the most of any single retailer.

### H&M Enters the Metaverse

At one time Google Earth and Microsoft Virtual Earth (pre Bing Maps) toyed with the idea that they could become 3D platforms for all kinds of integrated activities including real-estate search, [virtual billboards](https://techcrunch.com/2006/11/06/microsoft-virtual-earth-now-in-3d-and-with-billboards/?ref=nearmedia.co) and online shopping. This was roughly 16 years ago. It foreshadowed the metaverse; so did Second Life but that's another discussion. Indeed, [Niantic Labs](https://nianticlabs.com/en/?ref=nearmedia.co) CEO John Hanke, who ran Google Maps/Earth moved on to develop AR games Ingress, Pokemon Go and now an AR platform. The notion that consumers would browse virtual stores in a virtual 3D environment was intriguing but far-fetched 16 years ago. However, retailer H&M has now opened a "concept VR store" on streaming and VR platform [Ceek](https://www.ceek.com/?ref=nearmedia.co). At first consumers will only be able to purchase digital goods but later they will be able to buy actual clothes for home delivery. 

> Shopping in the [#metaverse](https://twitter.com/hashtag/metaverse?src=hash&ref%5Fsrc=twsrc%5Etfw&ref=nearmedia.co) with [$CEEK](https://twitter.com/search?q=%24CEEK&src=ctag&ref%5Fsrc=twsrc%5Etfw&ref=nearmedia.co)   
> Concept VR store presented to [@hm](https://twitter.com/hm?ref%5Fsrc=twsrc%5Etfw&ref=nearmedia.co) by [#CEEK](https://twitter.com/hashtag/CEEK?src=hash&ref%5Fsrc=twsrc%5Etfw&ref=nearmedia.co) Creating mainstream use cases for [$CEEK](https://twitter.com/search?q=%24CEEK&src=ctag&ref%5Fsrc=twsrc%5Etfw&ref=nearmedia.co) \+ scaling [#Virtualreality](https://twitter.com/hashtag/Virtualreality?src=hash&ref%5Fsrc=twsrc%5Etfw&ref=nearmedia.co) beyond games. [#VRAPP](https://twitter.com/hashtag/VRAPP?src=hash&ref%5Fsrc=twsrc%5Etfw&ref=nearmedia.co) [#CEEKVR](https://twitter.com/hashtag/CEEKVR?src=hash&ref%5Fsrc=twsrc%5Etfw&ref=nearmedia.co) [#NFT](https://twitter.com/hashtag/NFT?src=hash&ref%5Fsrc=twsrc%5Etfw&ref=nearmedia.co) [#VR](https://twitter.com/hashtag/VR?src=hash&ref%5Fsrc=twsrc%5Etfw&ref=nearmedia.co) [#CEEKVenues](https://twitter.com/hashtag/CEEKVenues?src=hash&ref%5Fsrc=twsrc%5Etfw&ref=nearmedia.co)   
> 👉🏽 More at [https://t.co/oAvCTgp2Bk](https://t.co/oAvCTgp2Bk?ref=nearmedia.co) [pic.twitter.com/OI4BFkyUAw](https://t.co/OI4BFkyUAw?ref=nearmedia.co)
> 
> — Ceek (@CEEK) [December 7, 2021](https://twitter.com/CEEK/status/1468288936921468931?ref%5Fsrc=twsrc%5Etfw&ref=nearmedia.co)

**Our take:** 

- Virtual 3D shopping should be viable but will depend on mainstream VR adoption by consumers. This is still a "big if."
- Facebook's Oculus app was the [most popular iOS download](https://www.cnbc.com/2021/12/27/metas-oculus-virtual-reality-headsets-were-a-popular-holiday-gift.html?ref=nearmedia.co) on Xmas, suggesting some VR momentum but that could fade quickly.
- A big question is what shape "the metaverse" will take: interoperable open system, fragmented apps or dominated by two or three companies.

### Americans: Tech Companies Spying on Us

Another survey finds Americans (mostly) don't trust the tech companies they rely upon every day. A recent [poll](https://www.washingtonpost.com/technology/2021/12/22/tech-trust-survey/?ref=nearmedia.co) by The Washington Post in November (n=1,122) asked about trust, use of personal data and online advertising. Amazon was the most trusted company: 53% trusted it "a great deal" or "a good amount." That was the only company with more than a 50% score. Facebook (72%), TikTok (63%) and Instagram (60%) were the least trusted companies on the list. Apple, Google and Microsoft were in the middle. Almost three-fourths (72%) believe their phones and other connected devices "listen to them" without consent. Strictly speaking, "listening" is not happening. But the larger point about being monitored is. Finally, only 27% percent said that targeted ads are helpful; 82% found them annoying and 74% found them invasive. 

![](https://storage.ghost.io/c/03/80/0380d96d-ef7e-450e-96b3-2963e18aaab5/content/images/2022/01/Screen-Shot-2022-01-03-at-11.03.57-AM.png)

**Our take:** 

- The findings about ads (not the first like this) dispel the myth that Americans really value and want "personalized advertising."
- With few exceptions people are now dependent on companies and products that they fundamentally don't trust.
- Witness TikTok, the [most popular 2021 domain](https://blog.cloudflare.com/popular-domains-year-in-review-2021/?ref=nearmedia.co) globally, but the second least trusted company, after Facebook.

## Recent Analysis

- **Fake Reviews and Brand Pimping: Who Wins and Who Loses**, [by Curtis Boyd](https://www.nearmedia.co/fake-reviews-and-brand-pimping-who-wins-and-who-loses/).
- **Looking Back at 2021 on Near Media**, [by Mike, Greg & David](https://www.nearmedia.co/looking-back-at-2021-and-to-the-future/).

## Short Takes

- **DuckDuckGo** [search volume grew](https://www.bleepingcomputer.com/news/technology/privacy-focused-search-engine-duckduckgo-grew-by-46-percent-in-2021/?ref=nearmedia.co)47% in 2021, [approaching](https://gs.statcounter.com/search-engine-market-share/desktop-mobile-tablet/united-states-of-america/?ref=nearmedia.co#monthly-202012-202112) Yahoo.
- **Matt Mullenweg** [wants to ensure](https://www.protocol.com/matt-mullenweg?ref=nearmedia.co) the internet remains open.
- Opinion: **Web3** will be [good for "open ad tech](https://www.mediapost.com/publications/article/369846/why-web3crypto-will-be-good-for-open-ad-tech.html?ref=nearmedia.co)" and advertising.
- The **outlook for digital regulation** is [mixed at best](https://www.cnbc.com/2021/12/31/2022-will-be-the-do-or-die-moment-for-congress-to-take-action-against-big-tech.html??ref=nearmedia.co).
- **Amazon, Facebook, Google, Uber**: the largest DC [newsletter sponsors](https://www.axios.com/big-tech-dc-newsletters-ads-85b725be-3593-4ae1-bd4b-d78f6a4783d5.html?ref=nearmedia.co).
- **Google** will pay [news publishers in Austria](https://blog.google/around-the-globe/google-europe/austrias-new-copyright-law/?ref=nearmedia.co) for their content.
- Google, Apple, Amazon and [the battle](https://www.politico.com/news/magazine/2021/12/27/self-driving-car-big-tech-monopoly-525867?ref=nearmedia.co) for **connected cars**.
- **Waymo-Geely** [self-driving van](https://blog.waymo.com/2021/12/expanding-our-waymo-one-fleet-with.html?ref=nearmedia.co) has no steering wheel.
- **SMBs** more cost conscious but also [more optimistic about 2022](https://bredin.com/blog/2021/12/fastcast-smb-business-outlook-and-spending-plans-2/?ref=nearmedia.co).
- AT&T [sold](https://variety.com/2021/digital/news/att-xandr-microsoft-acquisition-1235140748/?ref=nearmedia.co) programmatic ad platform Xandr to **Microsoft**.
- Journalistic [love letter](https://www.editorandpublisher.com/stories/mapping-out-the-story,211109?ref=nearmedia.co) to forgotten **Google** feature: My Maps.
- Google apparently [working on](https://9to5google.com/2021/12/30/google-ar-smart-glasses/?ref=nearmedia.co) new **smart glasses** as part of AR push.
- Massive [market-cap growth](https://www.cnbc.com/2021/12/27/how-much-the-biggest-companies-grew-in-2021.html??ref=nearmedia.co) for the **biggest tech companies** in 2021\.
- [These types of links](https://www.seroundtable.com/google-seo-difference-nofollow-ugc-or-sponsored-32672.html?ref=nearmedia.co) are no different from an **SEO** persecutive.
- **Axios Local** (news) [expanding to 25 cities](https://www.axios.com/newsletters/local?ref=nearmedia.co) this year.
- **Albertsons** [testing AI salad bars](https://www.retaildive.com/news/albertsons-pilots-ai-driven-salad-bars/616484/?ref=nearmedia.co) in six US grocery stores.
- New **Google patent** tracks browser data and [clicks without cookies](https://www.mediapost.com/publications/article/369847/google-patent-describes-how-its-technology-authori.html?ref=nearmedia.co).

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