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Black Friday 2024 Sets Shopping Record

Although the numbers vary depending on the source, the theme remains the same – Record Sales were generated around the world on Black Friday. 

According to Salesforce, more than $74 Billion were spent on Black Friday, the traditional “unofficial” launch of the Holiday shopping season. This is a 5% year-on-year increase, which is bound to make retailers (and investors) happy about the prospects of a strong end-of-year push. 

Some extra interesting nuggets of info from the article:

  • Adobe said 55% of all online spend in the U.S. was made on mobile devices, working out to $5.9 billion, up 12.1% year-on-year.
  • Adobe also noted that in a survey it did of 5,000 consumers in the U.S., 20% said they were using chatbots to find deals and other shopping recommendations (up 1,800% over last year).
  • Two major players in the online shopping world used fun and engaging digital sites to track shopping in real-time. Shopify created a spaceship console, and Stripe used a power generator. 
Adobe said that at its peak between 10am and 2pm Eastern, Black Friday holiday sales bargains were being snapped up at a rate of $11.3 million spent each minute.

Tags

black friday, technology, retail, innovation, english, highlight

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