Target’s website is down on Cyber Monday
Smartphones have put the Internet in our pockets, meaning there’s less need to wait until Monday morning when people return to their office computers to scope out the digital deals.
Adobe tracked 80 percent of all online transactions from the top 100 US retailers and said sales are on track to meet its expectation of a record $3 billion by the end of the day. According to Forrester data, revenue on Cyber Monday is set to reach $2 billion, with overall online holiday shopping reaching $95 billion this season.
The spectacle of Black Friday is slowly moving more and more toward online, which is great news for businesses – but poses unique challenges to IT departments.
Target’s stock lost more than 1 percent Monday morning and were lower by more than 1.5 percent by the afternoon.
“So sorry, but high traffic’s causing delays”. The payment service updated its website to inform users of the problem and has said that it has been resolved. For some shoppers trying to add some items to their shopping cart, they were greeted with the message, “There’s a line for this item”.
Retailers tried to design their sales this year with an eye toward changing shopping habits.
Patient shoppers have been rewarded, however, with some very good deals.
And that could be because shoppers are accessing the websites in more ways than ever before.
And some retailer’s websites couldn’t keep up with the web traffic.
The discounter had previously experienced traffic overloads and site crashes on days when the company offered limited release of designer collections from Missoni and Lilly Pulitzer. That could suggest troubles ahead handling the deluge of orders.
More people took advantage of specials over Thanksgiving weekend that had been expected and that could mean Cyber Monday will do even better or it could cut into the online activity.