Cyber Monday was biggest online sales day in history
With more than $540 million in sales from midnight Monday to 10 a.m. ET, Adobe Systems (ADBE) estimates Cyber Monday sales will reach $3.36 billion, up 9.4% from a year ago. In the area of Toys, top-selling are Lego, Shopkins, and Nerf.
The vast amount of buying and purchasing items took place on the Internet particularly in mobile phones has set the biggest sales record of the year.
For Black Friday, Amazon started a sale that would extend to Cyber Monday on their $50 Fire tablet.
“It may not be the exact lowest price but it was a really good deal”, she said. Over this four-day period, global sales were up almost 20 percent over the same time past year, while USA sales were up by over 9 percent, IBM said. So supposedly, they won’t be killing too much productivity during the work day.
The survey, conducted November 25-26 by Prosper Insights & Analytics, indicates 122 million Americans plan to shop online on Cyber Monday, up from the 121 million who planned to participate a year ago.
According to First Data, almost 25 percent of the holiday dollars spent over the two-day period came from e-commerce, up from 18 percent previous year and nearly 16 percent in 2014. This projection shows that more and more people prefer shopping online to avoid shopping in crowded malls. “‘I know it’s coming, does it fit into my schedule, and will I do my holiday shopping that day, Black Friday or wait to see what comes up later?”
$94.7 billion: E-commerce sales in November and December, up 17.2 percent and more than five times the pace of overall retail sales growth of 3.3 percent, according to EMarketer. But Black Friday wasn’t far behind, with $3.34 billion spent online, up 21.6 percent from a year ago.
For the entire holiday season, PlayStation 4 is the best-selling video game console, Pokémon Sun & Moon top video game sales, Samsung 4K TV is the most sold television, and iPad Air 2 leads among tablet sales.
All online Target orders ship free this holiday season. Rival Wal-Mart Stores Inc WMT.N kept the number of online deals similar to the past four days. In addition to hundreds of special offers, some exclusive to CyberMonday.com, the site will feature a Deal of the Hour every hour.