Tag: Cyber Monday

Biggest Online Shopping Day Ever! Cyber Monday Sales Hit Record $12.4 Bn Even as Savings Dwindle
29Nov By adminNo Comments
Technology

Biggest Online Shopping Day Ever! Cyber Monday Sales Hit Record $12.4 Bn Even as Savings Dwindle

[ad_1] US shoppers spent $12.4 billion on Cyber Monday, a record result demonstrating the continued resilience of consumers despite dwindling pandemic-era savings and high interest rates.Spending increased 9.6% from a year ago, making it the biggest online shopping day ever, according to Adobe Inc., which compiles the data. Adobe had earlier adjusted upward its online spending forecast for the day based on stronger-than-expected spending on Black Friday and the popularity of buy-now-pay-later offerings that let shoppers stretch their budgets with credit. Buy-now-pay-later usage also hit a record high on Cyber Monday, Adobe said, contributing $940 million in online spending, up 42.5% over the previous year. The firm also said consumers used such credit facilities for increasingly large p...
Read More
Deal-hunters on track to spend record $12 billion in US Cyber Monday shopping spree
28Nov By adminNo Comments
Technology

Deal-hunters on track to spend record $12 billion in US Cyber Monday shopping spree

[ad_1] Spending online on Cyber Monday is set to exceed $12 billion, a record, as bargain hunters snap up deals on items including Barbie dolls, Lego sets, headphones and smart watches, according to preliminary estimates from Adobe Digital Insights.The estimate projects U.S. shoppers will spend $12 billion-$12.4 billion on Cyber Monday, the biggest U.S. online shopping day. A significant portion of this spending, around $4 billion, is expected to occur between 6 p.m. and 11 p.m. EST, particularly from last-minute shoppers, it said. At the top end, this would represent an 9.7% increase compared to the $11.3 billion spent on Cyber Monday last year. We are now on WhatsApp. Click to joinRetailers have been coaxing inflation-weary U.S. shoppers to open their wallets on Cyber Monday with push...
Read More
Cyber Monday marks the year’s biggest online shopping day, and one more chance to save on gifts
28Nov By adminNo Comments
Technology

Cyber Monday marks the year’s biggest online shopping day, and one more chance to save on gifts

[ad_1] Consumers are scouring the internet for online deals as they begin to cap off the five-day post-Thanksgiving shopping bonanza with Cyber Monday.Even though e-commerce is now part and parcel of our everyday lives and much of the holiday shopping season, Cyber Monday –- a term coined back in 2005 by the National Retail Federation –- continues to be the biggest online shopping day of the year, thanks to the deals and the hype the industry has created to fuel it. Adobe Analytics, which tracks online shopping, expects consumers to spend between $12.0 billion and $12.4 billion on Monday, making it the biggest online shopping day of all time. For several major retailers, the “Cyber Monday” sale is a days-long event that begins over the weekend. Amazon's, for example, kicked off on Satur...
Read More
Cyber Monday Forecast Boosted After Record Online Holiday Sales, Says By Adobe Inc
28Nov By adminNo Comments
Technology

Cyber Monday Forecast Boosted After Record Online Holiday Sales, Says By Adobe Inc

[ad_1] Online Holiday bonanza: US shoppers will spend up to $12.4 billion online during Cyber Monday, according to Adobe Inc., which adjusted its initial forecast of $12 billion upward based on stronger-than-expected spending on Black Friday and the popularity of buy-now-pay-later features that let shoppers stretch their budgets with credit.It would cap off a Cyber Week that has already seen record online spending: Black Friday topped projections at $9.8 billion, up 7.5% from a year earlier. Thanksgiving spending of $5.6 billion was up 5.5%, according to figures released early Monday from Adobe. Flexible spending options, including buy-now-pay-later features online, have helped shoppers stretch budgets otherwise battered by inflation. Consumers used such promotions to spend $7.3 billion...
Read More
Cyber Monday: Check top deals on Apple Watch Series 9, Acer Nitro 5, iPad, more
27Nov By adminNo Comments
Technology

Cyber Monday: Check top deals on Apple Watch Series 9, Acer Nitro 5, iPad, more

[ad_1] The Black Friday sale might be over, but the e-commerce websites are offering massive discounts as the Cyber Monday sale has commenced. People eyeing to buy tech products can take advantage of the huge discounts available on tech products across all brands such as Apple, Acer, HP, and more. Check out the highest deals available on tech products such as laptops, Apple Watch, iPads, Acer Nitro 5, and more here.Cyber Monday discounts on tech productsApple Watch Series 9: The Apple smartwatch comes with various safety and health features that can come in handy to users during daily life as well as in emergencies. Its safety features include Fall Detection and Crash Detection which connects users to emergency services. It also has smart health tracking such as checking blood oxygen, E...
Read More
Shoppers click ‘buy’ as retailers cut prices ahead of Cyber Monday; Salesforce eyes huge discounts
27Nov By adminNo Comments
Technology

Shoppers click ‘buy’ as retailers cut prices ahead of Cyber Monday; Salesforce eyes huge discounts

[ad_1]  Holiday shoppers in the U.S. are seeking out the best deals and strategically nabbing the deepest discounts ahead of Cyber Monday, according to data from retailer websites aggregated by third parties. Cyber Monday, as the first Monday after the Thanksgiving holiday has become known as merchants step up online promotions, is set to be the biggest online shopping day of the year in the United States.Strong online traffic on Black Friday demonstrated a notable pattern of shoppers putting time and effort into selecting the lowest-cost, best-value merchandise, said Rob Garf, vice president and general manager for retail at Salesforce, which tracks data flowing through its Commerce Cloud e-commerce service. Despite an earlier start to retailers' holiday promotions this year, there wer...
Read More