Tag Archives: Black friday

U.S wages had an all-time high in September and Cyber Monday is the largest online shopping day in history

Money makes the world go around, and online shopping is taking off. Cyber Monday hit a new record of $6,59 Billion in sales which is up 16,8% from last years $5,64 Billion. Black Friday is close with its $5,03 Billion in sales and also that is up 16,9%.

Sales on Smartphones came in at an average orders of $123 on Apple iOS with Google Android close at $110. Adobe predicts this will be the first-ever holiday season to break $100 Billion in online sales. This is impressive.

Cyber Monday is the largest U.S online shopping day ever, but take a look at China and Jack Mas Alibaba. The e-commerce giant reported sales of $25,4 Billion in sales earlier this month on Chinas Singles` Day. Wow.

Top sellers on Cyber Monday included the Nintendo Switch, Apple AirPods and streaming devices like Google Chromecast and Roku.

Smartphones stands for 33,1% of revenue and 47,4% of visits which is a new record. Smartphone revenue grew 32,2% compared to 2016, reaching $1,59 Billion and that is a new all-time high.

The holiday season kicks off with Thanksgiving, followed by Black Friday and Cyber Monday.

Thanksgiving has been celebrated in the U.S nationally on and off since 1789, after Congress requested a proclamation by George Washington.

President Abraham Lincoln proclaimed a national day of «Thanksgiving and Praise to our beneficent Father who dwelleth in the Heavens,» to be celebrated on the last Thursday in November.

The «First Thanksgiving» was celebrated by the Pilgrims after their harvest in the New World in October 1621. That was then, but this is now. Time has changed. Now, people spend most of their time thinking what they might need rather than what they already have.

Retailers have competed to give consumers the best deal and people kicked off their holiday season to go shopping off and online to snap up a great bargain. This mirroring the U.S consumer confidence.

The U.S economy expanded an annualized 3,3% on quarter in the third quarter of 2017. Economic Optimism in the U.S rose 6,6% in 53,6 in November this year. Record low came in at 35,80 in August of 2011.

U.S Wages had an all-time high in September of 2017 peaking at 22,23 USD/Hour.

 

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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Foot traffic is declining and Black Friday can be much bigger than Cyber Monday in online sales

You have to wake up before it is too late. Black Friday is not what is used to be. Only a few years ago retailers were crowded with crazy people looking for a great deal. People still get great deals but some of them have already changed their behaviour.

According to Shoppertrak, foot traffic to U.S stores has fallen each year on Black Friday. We can clearly see a shift in the market, and reasons are many.

 

 

You can see it happening right in front of your eyes. Right now. Retailers are struggling and I have talked about if for years. Worst of all; this is just the beginning, and it is understandable. It is a natural thing.

Retailer chains said they will close about 7,000 stores and many of them are filing for bankruptcy. Many of them have too much debt and too many shops in the chain. On top of that we know that consumers wants to buy online.

Online retail activity are ten times bigger today than it was in 2004, and last year, on-line sales on Black Friday was around $2 billion, according to ComScore. Salesforce predicts Black Friday will be much bigger than Cyber Monday in online sales.

I take all the research on Black Friday as a pinch of salt, because retailers are destroying the day by starting the sale a week before the big day. Some call it Black Week, some call it Black Weekend and that will weaken the most important day Black Friday. That too makes the measure of the day a bit wrong. Black Friday is not only on Friday but sometimes for a whole week.

So, if you missed out on your shopping on Black Friday you still have the change to make a great deal on Cyber Monday.

The deals have already started and you can now buy for a discounted price at stores like Walmart, Amazon, Best Buy or Target. Cyber Monday is the online equivalent to Black Friday and the start is early on Monday November 27, 2017.

This is the day you can get deep discounts on Samsung, LG, Sharp, HP and Dell. You can also get a cheap PS4 slim and Xbox One S, Nintendo and iPhone X to name a few. It remains to see Cyber Monday exceeds Black Friday in on-line sales.

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Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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Black Friday is the best time of the year to make a great deal

Black Friday is the best time of the year to make a great deal. You can make a great deal on everything from toys to tech. It is also a great day for many to do most of the shopping on net instead of running around on the streets from shop to shop and waste a lot of time.

Thanksgiving is a big day and it has always been, but there are many good reasons to avoid the hectic crowds it draws. You should be prepared and make a checklist of stores and what you want to buy before Black Friday sets in.

Those who are smart will check out prices on the products they want to buy. They will do some research and compare prices with each other, and that will in return give them big savings.

Black Friday falls on Friday Nov 24 this year, and that is a day earlier than last year, which means you have one extra day to do your Christmas shopping if you have to. You can already now see some retailers leaking their ads for Black Friday.

We have seen what madness it is on this day. People are going crazy, and we already now know what will happen this year. Last year was a record year for e-commerce and there is no reason to belive it will slow any time soon.

44% of consumers were shopping online and it will continue. The online sales will continue to grow and the online deals will be bigger and better than ever before. And again; people will go crazy. This is madness.

Some retailers are already out with their ads and it is from now the show is beginning. Next week it will be even more ads and more great deals. This is funny and the trend will continue, so you better mark the day on your calendar as soon as possible.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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High quality Polo shirt with Shinybull logo. This version is made from breathable 100% cotton. Short sleeves and ribbed armbands.

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High quality Polo shirt with Shinybull logo. This version is made from breathable 100% cotton. Short sleeves and ribbed armbands.

$125.00

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Black Friday hysteria is taking off

It`s time for Black Friday once again. The day that has been regarded as the beginning of the Christmas shopping season in the U.S. Black Friday is the day following Thanksgiving Day in the United States.

Since 2005, Black Friday has been the busiest shopping day of the year. It`s the day for hysteria and shortage of stock, but last year, spending volume fell for the first time since 2008 recession. $50,9 billion was spent during the 4-day Black Friday weekend, which is down 11% from 2013.

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There have been reports of violence occurring between shoppers on Black Friday. Since 2006, there have been 7 reported deaths and 98 injuries throughout the United States.

It was common for retailers to open at 6:00 a.m., for many years, but now many opens at 5:00 or even 4:00. This was taken to extreme in 2011, when several retailers opened at midnight for the first time.

This is not only a phenomenon in the U.S. It has spread to Europe, and Black Friday also occurs in the United Kingdom. One of the first Black Friday events took place in 2003 in Staples Corner. People went crazy while the staples Corner sold laptops and other electronic devices for under £50.

Since then, a lot of other online retailers have followed the trend like Amazon, Littlewoods and Apple, and many other online and instore companies are now embracing the American tradition.

Ebay expect to sell 25 items every second in the UK and Amazon UK that sold 5,5 million items last year expect a take-off this time while hundreds of sellers at Amazon UK marketplace is ready to take action in Black Friday.

Don`t worry if you miss out on this Black Friday. There is a new chance next week with Cyber Monday.

 

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Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication. UA-63539824-1.

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Cyber Monday Sales – Biggest E-Commerce day ever!

Cyber Monday is a marketing term for the Monday after the Thanksgiving holiday in the U.S. The term «Cyber Monday» was created by marketing companies to persuade people to shop online. It all started on November 28, 2005.

Cyber Monday online sales grew to a record $2,68 billion, compared to last year`s $2,29 billion. However, the average order value was $124, down slightly from last year`s $128.

Online sales on Monday climbed to a new record high, and the sales came in at $2,68 billion, and that is the best online spending day ever. It is also the first to surpass $2 billion in sales.

The weekend after Thanksgiving was popular for online shopping too. The sale was up 26% compared to the same time last year. It seems like this online shopping will continue to post new historical highs, and that reflects the ongoing strength of online shopping.

IBM says that the online sales jumped only 8,5% this year compared to last on Cyber Monday. This is less than last year when online sales jumped more than 20% by its measure.

Some belive it`s a change in shopping behavior and not a lack of consumer demand. It is a larger shift toward online buying as mobile phones spur the practice known as «showrooming». People tend to go to the store to see the products and buy them, or a similar product online. Price is a very important trigger here. Why spend some time to go to the shop if the price is lower online?

Cyber Monday is the busiest U.S online shopping day of the year, and that title is held since 2010. Walmart said it received the most online orders in its history on Cyber Monday. Mobile made up about 70% of the traffic to its website between Thanksgiving and Cyber Monday.

This is called Cyber Monday, so how is the online marketing? Is it working?

Social Media did very little to boost sales this year driving only 1,5% of sales. According to IBM, Facebook referrals drove an average of $109,94 per order compared to $100,24 for Pinterest. Facebook referrals converted online sales at more than twice the rate of Pinterest.

What really works better is e-mail marketing which was the primary driver of sales on both Black Friday and Cyber Monday beating the usual winner; search. Companies sent out 11% fewer e-mails this time, but the e-mails were more targeted.

 

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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