U.S. shoppers break their own record for online shopping sales every year with Cyber Monday on November, 27th 2017 now being considered the biggest online shopping day in history.
According to an article on Fashionista, U.S. shoppers break their own record for online shopping every year. Cyber Monday on November, 27th 2017 is now being considered the biggest online shopping day in history, according to an article on Adobe. Sales increased by 16.8% to $6.59 billion. That’s compared to last year with sales at $5.9 billion.
Although mobile shopping declined last year, shoppers set a new record a sale mobile sale totaled $2 billion in one day for the first time ever. Smartphones were the top device for online shopping which 37.6% of retail visits and 21.3% of revenue came from smartphones. Only 8.2% of retail visits and 9.1% of revenue came from tablets with the rest coming from desktops.
For the month of November, online sales have totaled $50 billion so far. Adobe estimates that sales will increase to more than $100 billion this holiday season.
Last month, publications began saying Black Friday and Cyber Monday are out. People were reportedly shopping less on these retail holidays than before. People were also said to be lining up later in the morning than they did before and shop throughout the week or on other shopping holidays.
People, however, are shopping a lot more than expected. A lot of the shopping done on these holidays is for gifts which a lot of people return. So, sales for some retailers might not increase as much or decline for the fourth fiscal quarter 2017.
As for if sales will decline, we’ll just have to wait and see.
So, what do you think? Do you like Cyber Monday? Let me know in the comments below. Also, don’t forget to subscribe to get new posts sent directly to your inbox and follow me on Facebook, Instagram, and Snapchat.
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