Tag Archives: Cyber Monday

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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Amazon revealed its new drone while online shopping is increasing

We can see a clear picture here. The busiest day of the year, Black Friday is declining while online retailers see sales are jumping. Black Friday sales fall nearly 11% from last year. How is it gonna be today; on Cyber Monday?

Some shops starts the sale the day before Black Friday and that can be a reason, but if you look at Thanksgiving, it also dropped this year by nearly 11%. Other retailers are offering bargains long before Thanksgiving and that can be another reason to the decline.

The biggest reason I think, is the increased online shopping which jumped 14,3% on Friday from last year. Many people doesn`t want to participate in the wild shopping crowds and prefer rather to shop online than in stores.

It`s Cyber Monday today and the term was created by marketing companies to persuade people to shop online. I wrote about both Black Friday and Cyber Monday in 2013, but nobody knew what it was. Now, many knows what Black Friday is but still today no one know what Cyber Monday is.

It`s probably to early for people in Europe. Cyber Monday made its debut on November 28, 2005, and quickly became one of the biggest online shopping days of the year. The trend is driving serious online discounts and promotions on Cyber Monday.

Thanksgiving, Black Friday and Cyber Monday means busy days for Amazon that revealed the latest prototype of drones.

 

 

Amazon are planning to deliver packages in under 30 minutes. The new drones weigh 55 pounds and can deliver packages weighing up to 5 pounds. Amazon has many prototypes, and they are ready to launch the service once the company has the «regulatory support.»

Google revealed that it wants to launch a drone service in 2017, while Walmart said they are now starting drone testing.

What about FedEx, UPS and DHL?

 

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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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Thanksgiving, Cyber Monday or Black Friday

The National Retail Federation`s Holiday Consumer Spending Survey estimates that American shoppers are likely to spend $804,42 each this holiday season. 50% of those will spend some of that money shopping online.

Black-Friday-Deals

Businesses like Amazon and eBay will leak their Black Friday ads online in advance of the big day and if you log in to Amazon today you will see Black Friday ads on their website. It`s simply because they know that hard-core shoppers spend time scanning the ads, comparison shopping and mapping out the route to the best bargains.

JCPenney will be opening their doors at 5 p.m on Thursday November 27th. It`s getting earlier and earlier every year. It started to make the deals early Friday morning, but this has gotten out of hand. Who`s going to be the first to start Black Friday on Wednesday?

Last year we were dealing with a government shut down, and there was a short shopping season because Thanksgiving landed so late in November. It will be better this year by 1 day. 92 billion shoppers swiped their cards on Black Friday last year, and 47,1% of those did their shopping online. Millions were shopping online on Cyber Monday, and 25 million did their shopping on a mobile device.

Black Monday is expected to surpass Cyber Monday as the biggest online shopping day next year, according to Adobe forecast. Thanksgiving online sales are climbing and will probably be the best day for finding deals online. Not Black friday or Cyber Monday.

Prices online will be discounted an average of 24% and that`s better than Cyber Monday (20%) and Black Friday (23%). Do you think the online deal will be better online than in-store deals? Except for special in-store Black Friday promotions and inventory clearances closer to the holidays, in-store and online prices generally match.

Ot top of people`s list is iPhone 6+, iPhone 6 and Ipad Mini. Other things on top of the list is Kindle, Xbox One, GoPro and Google glass. When I was watching the list I saw that most of the things on that list was IoT`s. (Internet of things).

Thanksgiving is becoming a major day for shopping online, and more stores are opening up as well. Online sales surpassed $1 billion last year, and it is expected to see that climb 27% in 2014, to $1,35 billion. A third of the sales will come from mobile devices, and that`s up 21% from 2013.

Cyber Monday is expected to increase by 15% to a record $2,6 billion in online sales. Black Friday will see the fastest growth by 28% to $2,48 billion, according to Adobe forecast. Thanksgiving will also grow, but not as much as Black Friday. Up 27% to $1,35 billion.

It`s the most wonderful time of the year. If you`re a marketer.

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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