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This Cyber Monday Was the Biggest Online Shopping Day, Ever (zdnet.com)

Posted by msmash on from the shopathon dept.

Cyber Monday is likely to have been the biggest online shopping day in history, according to an analysis of visits to US retail websites. Online spending in the US yesterday hit a new record with $3.39bn spent online, a 10.2 percent increase year-over-year -- ahead even of Black Friday, when $3.34bn was spent. ZDNet adds:Cyber Monday is expected to generate slightly less mobile revenue than Black Friday at $1.19bn, but that's still a 48 percent increase on last year, according to the analysis by Adobe. Consumers have spent a total of $39.9bn online so far this month, it said, up 7.4 percent on last November, with 27 out of 28 days seeing online sales of over $1bn. The five best-selling toys in terms of quantity sold on Cyber Monday were Lego, Shopkins, Nerf, Barbie, and Little Live Pets. The five best-selling electronic products were Sony PlayStation 4, Microsoft Xbox, Samsung 4K TVs, Apple iPads, and Amazon Fire tablets, the company said.

56 comments

  1. Cyber Monday got the popular vote by mi · · Score: 0, Flamebait

    Cyber Monday is likely to have been the biggest online shopping day in history, according to an analysis of visits to US retail websites

    So, Cyber Monday got the popular vote.

    Did the Black Friday win by some other metrics — securing the whatever College?

    In any case, I demand a recount — please, help me finance it by making a donation.

    --
    In Soviet Washington the swamp drains you.
    1. Re:Cyber Monday got the popular vote by 110010001000 · · Score: 0

      Don't worry. Trump is gonna take care of you now. He will take care of you REAL GOOD.

    2. Re:Cyber Monday got the popular vote by Anonymous Coward · · Score: 2, Interesting

      $3.39b is the record...? Hardly.

      In November 2016, the e-commerce giant Alibaba has set its Singles Day record and generated 120.7 billion CNY (17.79 billion USD) in gross merchandise.

      https://en.wikipedia.org/wiki/...

    3. Re:Cyber Monday got the popular vote by wyHunter · · Score: 0

      Yeah good thing we didn't get Hillary - we'd have concentration camps.

    4. Re:Cyber Monday got the popular vote by Anonymous Coward · · Score: 0

      generated 120.7 billion CNY (17.79 billion USD) in gross merchandise.

      Why do they buy so much gross stuff in China?

    5. Re:Cyber Monday got the popular vote by Anonymous Coward · · Score: 0

      It cures impotence

    6. Re:Cyber Monday got the popular vote by Oswald+McWeany · · Score: 1

      Cyber Monday broke records... but only in regards to the US.

      Singles Day in asia absolutely slaughtered Cyber Monday and Black Friday combined.

      --
      "That's the way to do it" - Punch
    7. Re:Cyber Monday got the popular vote by Anonymous Coward · · Score: 0

      FAKE.

    8. Re:Cyber Monday got the popular vote by Lead+Butthead · · Score: 1

      "Arbeit macht frei"

      --
      ELOI, ELOI, LAMA SABACHTHANI!?
    9. Re:Cyber Monday got the popular vote by wyHunter · · Score: 1

      Exactly.

  2. Reasons by 110010001000 · · Score: 1

    Obviously the reason spending is up is because the future for the US looks bright.

    1. Re:Reasons by Oswald+McWeany · · Score: 2

      Indeed it does. Kanye West is planning to run for President in 2020.

      --
      "That's the way to do it" - Punch
    2. Re:Reasons by cayenne8 · · Score: 1

      Indeed it does. Kanye West is planning to run for President in 2020.

      Hmm..I dunno.

      It appears the pressure for that 2020 run has already taken its toll on poor Kanye's mental health, as that he's in lockdown now in the hospital.

      --
      Light travels faster than sound. This is why some people appear bright until you hear them speak.........
    3. Re:Reasons by Oswald+McWeany · · Score: 1

      he's in lockdown now in the hospital.

      Perfect training for a federal government job,

      --
      "That's the way to do it" - Punch
  3. Singles Day! by Anonymous Coward · · Score: 5, Informative

    Once again, the US forgets that the rest of the world exists.

    Only 2 weeks ago, one vendor (Alibaba), on one day (11.11.2016) did $17.73 BILLION in sales, over 3 times what these numbers are claiming was a record.

    1. Re: Singles Day! by Anonymous Coward · · Score: 1

      From TFA:

      "Online spending _in the US_ yesterday hit a new record with $3.39bn spent online..."

    2. Re: Singles Day! by Anonymous Coward · · Score: 0

      See headline.

    3. Re: Singles Day! by Anonymous Coward · · Score: 0

      Yet the summary does start with "Cyber Monday is likely to have been the biggest online shopping day in history,"

    4. Re:Singles Day! by DNS-and-BIND · · Score: 2

      Well, we're withdrawing from the rest of the world, like you asked us to. We're going to take all our troops home, from Europe, from Korea, from Japan, everywhere. You hate our guts. It's been shouted loud and clear for a long time and don't think we didn't get the message, because we did. Slashdot is a US-centric site and it will remain so.

      Here's an idea: why don't you make your own tech site and it can be worldly? You can have global citizens posting and ban everything but metric units and so on. It'll be bliss. Off with you now, get to work and stop bothering the Americans.

      --
      Shutting down free speech with violence isn't fighting fascism. It IS fascism!
    5. Re: Singles Day! by Solandri · · Score: 1

      Editors at slashdot fail to do their job again. News at 11.

    6. Re: Singles Day! by Anonymous Coward · · Score: 0

      So, a couple of iPhones and Macs.

    7. Re:Singles Day! by Anonymous Coward · · Score: 0

      I read a few articles that said the number was inflated, sellers for some reason have to buy items from themselves to keep their status as vendors or some convoluted thing like that. The real number is still likely high, but not as high as it appears.

    8. Re: Singles Day! by Anonymous Coward · · Score: 0

      Metric units, and UTF8 Unicode, need that.

      And no more discussion of US Constitution.

  4. Re: It's gonna be yuuuuuuuuge! by Anonymous Coward · · Score: 0

    The only day when slaves can celebrate their shitty work results, by buying junk from other slaves.

  5. Brick and mortar were pushed out. by Anonymous Coward · · Score: 1

    Remember bookstores? There is actually a couple near me. A Barnes and Noble about 7 miles away and some old guy who runs this coffee, book, Civil War crap, and other stuff store.

    Sporting goods? Sports Authority is gone.

    Online has pushed these people out of business. And when you have family in other parts of the country, it makes sense to just order online and ship to them.

    What I'm seeing is that online retailers are no longer the place for deals now. They undercut when the could but as brick and mortar stores go out of business, their prices have gone up. Amazon is no longer the best deal. When it comes to some things, my local stores actually beat them - and I get "instantaneous" shipping! AND I get to see the item. AND I don't have to deal with UPS/Fedex or USPS playing soccer with my stuff and having to deal with returns - Amazon does still rock in this regard (for now).

    Anyway, this record is just because brick and mortar stores were pushed out by online retailers underpricing them. We'll see when some sort of equilibrium hits.

    1. Re:Brick and mortar were pushed out. by Oswald+McWeany · · Score: 1

      I see more big box sports stores now than ever before. Seems to be a growing industry.

      Granted nowadays, 4/5ths of the store is dedicated to clothing, so they're more "Clothing stores with some sport equipment in them". Gander Mountain, Cabelas, Bass Pro Shop, Academy Sports, Dicks, REI, Sportsman Warehouse, and a few financially viable local chains. More sports stores now than there has ever been.

      As for book stores, they're still around, but the remaining hold-outs seem to be larger bookstores. Waldenbooks and B. Dalton seem to be hard to find these days but Books-a-million and Barnes and Noble are everywhere still.

      The internet has hurt brick and mortar but it is far from killing it.

      --
      "That's the way to do it" - Punch
  6. Balms for the losers by mi · · Score: 2

    Trump is gonna take care of you now. He will take care of you REAL GOOD.

    Dude, if you are that sore still, you should've taken advantage of some yuuuge discounts on vaseline yesterday...

    --
    In Soviet Washington the swamp drains you.
  7. iPad & Fire Tablet by krakelohm · · Score: 1

    I thought tablets were dead?

    --
    You are all a bunch of idots.
    1. Re:iPad & Fire Tablet by Oswald+McWeany · · Score: 3, Funny

      They were, but they were recharged with a USB cable.

      --
      "That's the way to do it" - Punch
  8. Where's the spam filter by c · · Score: 3, Interesting

    How many of these silly articles are going to be based on Adobe press releases?

    And when/how did Adobe manage to convince anyhow that they're some sort of authority on web-based shopping metrics, anyhow? Are they running Amazon's backend or something?

    --
    Log in or piss off.
    1. Re:Where's the spam filter by Anonymous Coward · · Score: 0

      How many of these silly articles are going to be based on Adobe press releases?

      And when/how did Adobe manage to convince anyhow that they're some sort of authority on web-based shopping metrics, anyhow? Are they running Amazon's backend or something?

      They offer a web content management product - one of the better ones if you trust Gartner reports:
      https://www.gartner.com/doc/re...

      Their Marketing Cloud offering accounted for a little over 25% of their total revenue last year - $1.3 billion total:
      http://wwwimages.adobe.com/con...

      And if you trust Gartner reports - they are a leader on several of the magic quadrants charts. So yeah - they do know what they are talking about and they have data to back it up. However, I agree with parent, take with a grain of salt and look for other sources that are not biased in their reporting.

      Disclaimer: I don't work for Adobe - I work for one of their competitors in this area.

    2. Re:Where's the spam filter by c · · Score: 1

      if you trust Gartner reports

      I have to admit, the only report from Gartner that I would trust would be something about fools being parted with their money; they have both depth and breadth of experience on that subject.

      --
      Log in or piss off.
  9. NOT (by far) the biggest by Anonymous Coward · · Score: 4, Informative

    Cyber Monday is likely to have been the biggest online shopping day in history... when $3.34bn was spent

    No.... Alibaba ALONE did many times that much business ($14.3bn US) vs on Singles Day this year:
    Alibaba.

    "Cyber Monday" is slightly more than a rounding error.

    1. Re:NOT (by far) the biggest by smergb · · Score: 1

      It's almost like there are more people in China than the US.

  10. Not too surprised by Anonymous Coward · · Score: 0

    Wasn't planning on getting anything but there were actually a fair amount of actual deals on display this year

  11. Re:It's gonna be yuuuuuuuuge! by Anonymous Coward · · Score: 0

    Cyber! They'll just let you grab 'em by the cyber! Cyber! Cyber! Cyberapps!

  12. WRONG! by kiviQr · · Score: 1

    WRONG! let me tell you, it is such a mess....

  13. Screw all of them by I4ko · · Score: 1

    I haven't bought anything expect a dinner since the 21st. And I am not going to buy anything.

    1. Re:Screw all of them by LarryRiedel · · Score: 1

      I haven't bought anything expect a dinner since the 21st. And I am not going to buy anything.

      A diner is a pretty big investment, so I'm not surprised.

    2. Re:Screw all of them by antdude · · Score: 1

      Ditto. I'd rather go out and eat with people to spend time with.

      --
      Ant(Dude) @ Quality Foraged Links (AQFL.net) & The Ant Farm (antfarm.ma.cx / antfarm.home.dhs.org).
  14. Wrong Photo by gachunt · · Score: 1

    I can't be the only purist that noticed that the photo in TFA isn't actual Lego brand?

  15. No way! by wept · · Score: 1

    Next you're going to tell me that the latest iOS is the Most Advanced iOS, Ever!

  16. New Economics [Re:It's gonna be yuuuuuuuuge!] by Tablizer · · Score: 3

    Was that intended as sarcasm?

    Automation and virtual stores are a far bigger threat to blue-collar jobs than China and Mexico. President Elect Trump is solving the wrong problem. Big factories ain't coming back, at least not with people inside.

    But if the economy is stimulated enough by other means, then jobs may open up in other areas, like cooks, custom landscaping, customizing cars, etc. The demand for hands-on customization exists: having something custom is a status symbol, but people will only pay for it if they feel they have enough money.

    I think Helicopter Money (HM) should be tried to juice the economy. Automation has increased the economy's capacity, but the money supply hasn't grown to match that increase, creating sub-par inflation.

    Some economist worry that HM may trigger run-away inflation. I don't propose over-doing it, just enough to get a normal inflation rate. If everyone is afraid to try new things in the new economy, we'll be stuck in a rut. Low interest rates alone aren't working. The old economic toolkit needs new tools for the new era, and we may have to gamble a bit to test these tools. I'm sure having the Fed Reserve manage interest rates made many economists nervous at first. They got over it. HM is just another knob* for them.

    I don't personally like Trump, but boldly going where nobody has economically gone before is just up his ally.

    Engage, Captain Orange!

    * Some believe the market should "self regulate" both of these, but I have not seen a sensible plan for such. For example, one that cannot be manipulated by big banks using OPEC-like collusion. Some argue they do that now with interest rates, but making it even easier to collude is an anti-fix. Adjust, don't kill the Fed Reserve.

    --
    Table-ized A.I.
    1. Re:New Economics [Re:It's gonna be yuuuuuuuuge!] by Anonymous Coward · · Score: 0

      Big factories ain't coming back, at least not with people inside.

      That's absolutely fine.
      We'll settle for small ones. Seriously.

    2. Re:New Economics [Re:It's gonna be yuuuuuuuuge!] by Tablizer · · Score: 1

      Okay, but unless there's lots of new little factories, it won't change employment much.

      --
      Table-ized A.I.
  17. Haul by Anonymous Coward · · Score: 0

    I grabbed PureVPN's lifetime subscription and a Surface Pro 4. Highly satisfied, happy shopper ;)

  18. Cyberman Day by Oswald+McWeany · · Score: 1

    Quick, someone call the Doctor.

    --
    "That's the way to do it" - Punch
  19. Only love... by Anonymous Coward · · Score: 0

    ...can fill the hole you feel inside, so stop buying so much useless shit.

  20. Re:It's gonna be yuuuuuuuuge! by Curunir_wolf · · Score: 1

    Thanks, Donald!

    --
    "Somebody has to do something. It's just incredibly pathetic it has to be us."
    --- Jerry Garcia
  21. Cyber what? by Anonymous Coward · · Score: 0

    Seriously, wtf is that?
    Oh, wait... dont care...

  22. Mod parent up by Anonymous Coward · · Score: 0

    Wow, someone fell for the wasted modpoint trap.

  23. not so fast by Anonymous Coward · · Score: 0

    Alibaba singles day was the real "biggest shopping day ever"
    $17.8 billion in sales during this year's frenzy, breaking the record of $14.3 billion set in 2015

    http://money.cnn.com/2016/11/10/technology/alibaba-singles-day-shopping-festival-breaks-records/

    maybe the article title should be:
    This Cyber Monday Was the Biggest Online Shopping Day, Ever.... in the USA.

  24. them big factories by Lead+Butthead · · Score: 1

    you know most big factories started out small...

    --
    ELOI, ELOI, LAMA SABACHTHANI!?