Tag Archives: Cyber Monday

Cyber Monday sales hit $7,9 billion last year, but today it is estimated to hit $9,4 billion

People love days like this; Thanksgiving, Black Friday and Cyber Monday. So far, Black Friday has been very chaotic, but this time it was much better. This is very important days for all the retailers, So, how is it going for them this time?

It`s no doubt; Trump`s booming economy is working. Thanksgiving broke records with $4,2 billion in online sales. Black Friday also hit a new high. Consumers spent $7,4 billion online last friday buying goods online via computers, tablets and smartphones.

Smart people buy products on days like this, and if you are one those who didn`t use your card last week, you have a few hours to do it today. On Cyber Monday. And if you do, you will not be alone to do it.

Last year, Cyber Monday sales hit $7,9 billion, but today it is estimated to hit $9,4 billion, according to Adobe Analytics. If this holds, it will be a jump of 18,9% from last year.

Shoppers do not go to the stores on days like this. It`s all about online sales. Not only that. Extreme weather will also force some people to shop online, and shoppers are expected to spend $11 million per minute during the peak hour of 11:00 p.m ET.

The reason why the lines were thiny on Black Friday is the retailers early sales start. Retailers began sales in early November, so people didn`t wait until Black Friday or Cyber Monday this time. This also means less chaos.

In fact, Black Friday was predicted to be the busiest shopping day of the year in the U.S for shoppers to head out to stores, but people made it online on their shopping carts. Online spending on Black Friday hit a record of $5,4 billion, and that is up 22,3% from last year.

The winners in this game so far is Target, Best Buy and Walmart, while the department stores are still a little bit slower. Both, Target and Walmart saw bigger jumps in online customer spending than Amazon during the first two weeks of November.

Nordstrom had the biggest jump in online sales. Up 60%. Second is Walmart with a 53% jump, while Amazon on the third place jumped 49%, and that`s huge for an already Giant in online sales if you ask me.

Buy online and pick up in stores as well as curbside pickup services since November 1 have seen a 43,2% growth since 2018, according to Adobe. Shoppers have so far spent a record $72,1 billion online between November 1 and December 1. Shoppers are also on track to hit $143,7 billion in online sales for the full holiday season.

One of the most popular products on days like this is a Smartphone. So, it`s headed for a new online spending record next year. Or…..

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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Cyber Monday can be the largest online sales day in history

Black Friday is over and now it is Cyber Monday. A new day with new opportunities. It`s Cyber Monday shopping for consumers to shop online, but it seems like it is Cyber Monday shopping on Wall Street too.

The Dow is up a whopping 373 pints amid expectations for a historic Cyber Monday. Nasdaq jumped 2,30 percent and ended at 6,677,26. I talked about the declining SPDR S&P Retail ETF on Friday last week, but it bounced back on Monday, up nearly 2 percent.

The shares of retailers rose on Monday after last week`s sell off. According to Adobe analytics, Cyber Monday spending is seen reaching an all-time high of $7,25 billion in the United States, and that will mark a historic day for online shopping.

Thanksgiving, Black Friday, Cyber Monday and the coming Holiday Season can help to lift retailers from the declining trend we have seen since October. The third-quarter reporting season is also over, with nearly 97 percent of companies in the S&P 500 having reported. 78 percent of the companies beat analyst expectations.

Cyber Monday is an event that can only be rivaled by Black Friday, and Cyber Monday is expected to set new spending records for online shopping in 2018. Not only total sales are high on Cyber Monday, but Cyber Monday is also likely to see a record number of online shoppers this year.

Cyber Monday was wild last year, but it jumped nearly 100 percent from 2016 to 2017. This year, the online sale is expected to jump over 10 percent. $7,25 billion in sales will be a new record for online sales in a single day.

Trade tensions will come back later on this week as President Donald Trump is planning to meet with Chinese President Xi Jinping at a multilateral Summit in Argentina on Friday and Saturday, with tariff escalation between the world`s largest economies on the line.

Investors are waiting for the G20 Summit convening in Buenos Aires on Friday and Saturday. In the mean time, be prepared for what can be the largest online sales day in history; Cyber Monday.

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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The U.S Black Friday is on track for “blowout” but the Retailer ETF is declining

The biggest shopping day of the year has been the black friday, but that belong to the past. This has changed in the past few years and its a reason for that. Its no longer a black friday single day, but a week-long affair.

Retailers start their Black Friday Sales as early as Thanksgiving Day, Wednesday, and as early as Monday. This is why it is difficult to measure the sale related to only one day; Black Friday. So, if you look at it this way, the combined sales of Thanksgiving Eve, Thanksgiving Day and Black Friday should be included in Black Friday numbers because they are related to each other.

Amazon is still on top of the most popular stores for Black Friday. While Amazon continue to rule the online world, WalMart remains undisputed king of the Black Friday. Next on the list is Target, BestBuy, Macys and Kohls to name a few.

What people are looking for is Apples iPhones, Macs, iPads and other devices, but Apple is not expected to give away any great deals. Gift cards up to $300 will therefore be given by AT&T, T-Mobile, Verizon and Sprint.

Its also expected to see WalMart, BestBuy, Target and Amazon to offer the cheapest TVs, Laptops and Video Games. Google is expected to respond with deals on Nest, Nest Camera, Nest Doorbell and Google assistant.

The National Retail Federation predicts 164 million consumers will shop Thanksgiving weekend, and while 21% will shop Thanksgiving Day, fully 71% will shop Black Friday itself. Analysts are now looking at the five-day period from Thanksgiving Day to Cyber Monday to get a sense of holiday spending, which is now being called «Thanksgiving Weekend.»

The number of people going to the stores Thanksgiving Day has declined since its peak in 2014. The sales are moving online and Thanksgiving Day last year jumped 18,3 percent YoY in online sales. Online shopping on Black Friday last year jumped 16,9 percent YoY.

A quick look at XRT Retail ETF tells us a strange story which is the opposite of last year. The value is declining and it seems to have peaked in October this year. I will continue to follow the retailers and their business.

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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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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$125.00

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