• About
  • Landing Page
  • Buy JNews
Newsletter
Impact Crypto News
Advertisement
  • Home
  • DeFi News
  • EVM News
    • Avalanche Network
    • Ethereum
    • Fantom Opera Chain
    • Harmony Chain
    • Huobi Eco Chain
    • Polkadot Chain
    • Polygon Chain
  • NFT News
  • Altcoin News
  • Crypto News
    • Crypto Regulation News
    • Bitcoin
    • Blockchain
    • Crypto Exchanges
    • Crypto Mining
    • Metaverse
    • Scam News
    • Web 3.0
No Result
View All Result
  • Home
  • DeFi News
  • EVM News
    • Avalanche Network
    • Ethereum
    • Fantom Opera Chain
    • Harmony Chain
    • Huobi Eco Chain
    • Polkadot Chain
    • Polygon Chain
  • NFT News
  • Altcoin News
  • Crypto News
    • Crypto Regulation News
    • Bitcoin
    • Blockchain
    • Crypto Exchanges
    • Crypto Mining
    • Metaverse
    • Scam News
    • Web 3.0
No Result
View All Result
Impact Crypto News
No Result
View All Result
Home NFT

How Much Shoppers Spent Online On Black Friday, Cyber Monday

IMPACTCRYPTO by IMPACTCRYPTO
December 2, 2024
in NFT
57 1
0
How Much Shoppers Spent Online On Black Friday, Cyber Monday
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


Shoppers skipped the lines at in-person stores in favor of virtual carts and one-click checkouts this year, as consumers spent more online during Black Friday than ever before.

Adobe Analytics tracked the purchasing habits of U.S. shoppers and found that they spent $10.8 billion on online purchases on Black Friday. That’s 10% more than in 2023 and more than double the spend in 2017. Even more notably, online purchases exceeded $10 billion for the first time.

“Crossing the $10 billion mark is a big e-commerce milestone for Black Friday, for a day that in the past was more anchored towards in-store shopping,” said Adobe Digital Insight lead analyst Vivek Pandya in a statement.

Related: 5 Reasons Why 2025 Will Be Your Most Amazing Year Yet as an Entrepreneur

At their highest point between 10 a.m. and 2 p.m., online shoppers spent $11.3 million a minute. Adobe says toys, jewelry, appliances, apparel, and electronics were key categories for driving sales. Hot items included Lego sets, fitness trackers, and skincare.

E-commerce site Shopify, which enables businesses of all sizes to sell products by helping them set up and launch online stores, saw Black Friday sales among its clients reach a record $5 billion this year. The platform’s founder and CEO Tobi Lutke posted on X on Saturday that sales among merchants hit $4.6 million per minute at their peak.

Yesterday was an incredible day for our merchants and for Shopify:

* Merchants drove a record-breaking $5 billion Black Friday in sales (GMV)

* Peak sales / minute for yesterday = $4.6 million

* Shopify’s egress processed more than 173B requests

* Peak requests per minute was…

— tobi lutke (@tobi) November 30, 2024

Shopify told Entrepreneur in an email that the top product categories sold by merchants through its platform were t-shirts, skincare, vitamins, makeup, and hoodies. The top-selling cities were Los Angeles, New York, and San Francisco. The average cart price was $154.26.

Though Black Friday was a major online shopping event, Adobe expects Cyber Monday to be even bigger and for shoppers to spend a record $13.2 billion that day — an over 6% increase from 2023. Cyber Monday is set to become the biggest shopping e-commerce event of the year.

Zooming out more, U.S. shoppers are expected to spend up to $989 billion this holiday season according to the National Retail Federation, including online and in-person purchases.

Related: This Is What Black Friday and Holiday Shoppers Are Really Looking for This Season, According to New Research





Source link

Related articles

San Antonio Museum of Art repatriates nine antiquities to Italy – The Art Newspaper

San Antonio Museum of Art repatriates nine antiquities to Italy – The Art Newspaper

December 12, 2025
Ceal Floyer—conceptual artist known for her minimalist, playful works—has died, aged 57 – The Art Newspaper

Ceal Floyer—conceptual artist known for her minimalist, playful works—has died, aged 57 – The Art Newspaper

December 12, 2025
Tags: bitcoin newsBlackcrypto analysiscrypto newsCyberEthoz EdgeFridayLatest bitcoin newslatest crypto newsMondayonlineshoppersspent
Share76Tweet47

Related Posts

San Antonio Museum of Art repatriates nine antiquities to Italy – The Art Newspaper

San Antonio Museum of Art repatriates nine antiquities to Italy – The Art Newspaper

by IMPACTCRYPTO
December 12, 2025
0

The San Antonio Museum of Art (Sama) has repatriated nine antiquities to Italy, eight of which were identified through photographs...

Ceal Floyer—conceptual artist known for her minimalist, playful works—has died, aged 57 – The Art Newspaper

Ceal Floyer—conceptual artist known for her minimalist, playful works—has died, aged 57 – The Art Newspaper

by IMPACTCRYPTO
December 12, 2025
0

Ceal Floyer—an artist known for her subtly humorous, conceptual films and installations that utilised everyday objects—died yesterday (11 December) “after...

Comment | The worlds of analogue and digital art may be splintering – The Art Newspaper

Comment | The worlds of analogue and digital art may be splintering – The Art Newspaper

by IMPACTCRYPTO
December 12, 2025
0

Perusing the booths of Art Basel Paris in October, I noticed there was very little digital art on view. Even...

All we want for Christmas: The Art Newspaper 2025 gift guide – The Art Newspaper

All we want for Christmas: The Art Newspaper 2025 gift guide – The Art Newspaper

by IMPACTCRYPTO
December 12, 2025
0

Have you been very, very good this year?Well, after much trawling of the web, The Art Newspaper has compiled a...

Mosul’s heritage has seen a year of revival—will it be enough to bring back religious diversity? – The Art Newspaper

Mosul’s heritage has seen a year of revival—will it be enough to bring back religious diversity? – The Art Newspaper

by IMPACTCRYPTO
December 12, 2025
0

It has been a banner year for the restoration of heritage in Mosul, a city rising from the ashes of...

Load More

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.
No Result
View All Result
  • Home
  • DeFi News
  • EVM News
    • Avalanche Network
    • Ethereum
    • Fantom Opera Chain
    • Harmony Chain
    • Huobi Eco Chain
    • Polkadot Chain
    • Polygon Chain
  • NFT News
  • Altcoin News
  • Crypto News
    • Crypto Regulation News
    • Bitcoin
    • Blockchain
    • Crypto Exchanges
    • Crypto Mining
    • Metaverse
    • Scam News
    • Web 3.0

© 2018 JNews by Jegtheme.