Tag Archives: Thanksgiving

by | December 2, 2019 · 7:51 pm

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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by | November 23, 2018 · 8:47 pm

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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by | November 30, 2017 · 4:00 am

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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by | November 30, 2015 · 10:55 pm

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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by | November 10, 2014 · 5:36 pm

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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