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Cyber Monday Is Set To Be a $7.8 Billion Day, Breaking Online Records (usatoday.com)

According to Adobe Analytics, shoppers are expected to spend $7.8 billion on Cyber Monday, 18.3 percent more than in 2017. "The sweet spot will fall between 10 p.m. and 1 a.m. EST, Adobe says, when it's anticipated shoppers will spend $1.6 billion -- about $200 million more than what retailers would see during a typical whole day any other time of the year," reports USA Today. From the report: But at a time when shoppers can buy products ranging from dolls to detergent by tapping on a tablet or smart phone, Black Friday and even Thanksgiving are gaining on Cyber Monday to become banner days for online shopping. Retailers saw $6.22 billion in digital sales on Black Friday, 23.6 percent more than last year and the most ever on that day, Adobe says. Meanwhile, Thanksgiving Day experienced the biggest single-day surge in online shopping history, leaping 28 percent over the holiday in 2017 to $3.7 billion.

Smartphones are increasingly the shopping gadget of choice. Mobile sales were expected to total more than $2 billion on Monday, Adobe says. And the more than $1 billion in smartphone sales on Thanksgiving were a record for that day. Besides enabling shoppers to make purchases any time, anywhere, shopping via smartphone has also taken off because it's become simpler and faster.

46 comments

  1. I did my share to keep the economy chugging... by Crash+Dummy+Redux · · Score: 1

    I spent five bucks on a video game at Valve Steam. Woo-hoo!

    1. Re:I did my share to keep the economy chugging... by Anonymous Coward · · Score: 0

      You should have kept the fiver for your retirement, Chris.

    2. Re:I did my share to keep the economy chugging... by antdude · · Score: 1

      Not me unless paying a medical bill counts. :P

      --
      Ant(Dude) @ Quality Foraged Links (AQFL.net) & The Ant Farm (antfarm.ma.cx / antfarm.home.dhs.org).
    3. Re:I did my share to keep the economy chugging... by Anonymous Coward · · Score: 0

      Please tell us more about your imaginary friend.

  2. impossibru by Anonymous Coward · · Score: 0

    I didn't buy anything, online or offline.

    1. Re:impossibru by LostMyBeaver · · Score: 1

      Me neither... I checked out the deals and frankly realized I already have too much shit. Maybe I'll find something to ask my wife to get me for Christmas. Only thing I have my eye on now is a Sinterit Lisa 2 SLS printer. But I'll buy that in January.

    2. Re:impossibru by michelcolman · · Score: 1

      I wonder how much of this $7.8 billion figure is from bots gobbling up stocks of items to later resell at inflated prices. Apperently, according to another Slashdot article today, this is becoming a real problem and may well inflate the sales figure quite a bit.

  3. Not even close. by Anonymous Coward · · Score: 4, Interesting

    Singles Day makes "Cyber Monday" look like a small potato.

    The holiday has become the largest offline and online shopping day in the world, with Alibaba shoppers exceeding 168.2 billion yuan (US$25.4 billion) in spending during the 2017 celebration

    Singles Day did more than $1B in sales in the first few minutes. Combining all sites it was over $60B in sales. "Cyber Monday" is roughly 10% of a Singles Day.

    1. Re:Not even close. by Anonymous Coward · · Score: 0

      Shouldn't that be called "Incel day"?

    2. Re:Not even close. by yooy · · Score: 1

      Consider the numbers fake. Real sales may be 30% of them.

  4. Re:You people need to STOP BULLYING ME... apk by Anonymous Coward · · Score: 0

    you are demented!

  5. how does Adobe Analytics know? by Anonymous Coward · · Score: 0

    the real story here is how Adobe Analytics knows this information - do retailers give it to them? do they install tracking and spyware on web sites? do customers supply the information? why doesn't someone investigate this aspect of the story?

    1. Re: how does Adobe Analytics know? by LostMyBeaver · · Score: 1

      I recently considered buying Googleâ€(TM)s wireless networking equipment. Itâ€(TM)s lovely and would make a great addition to my home... if it didnâ€(TM)t spy on me constantly by feeding back everything to google or at least have the potential to.

      I probably will still buy it because itâ€(TM)s great stuff.

      Yes... Iâ€(TM)m willing to buy it because I figure thereâ€(TM)s nothing Google doesnâ€(TM)t already know about me that it could learn.

      Rule of thumb... we pretty much have given up all of our principles regarding privacy. Asking why we have is almost useless when weâ€(TM)ve already crossed the point of no return.

      Maybe someone could mark the day that we decided that people like Theresa May would be able to pass highly invasive executive orders in the name of national security and we all just decided to say â€oeSure... why not?â€

    2. Re: how does Adobe Analytics know? by tlhIngan · · Score: 1

      Adobe Analytics knows because stores use them.

      Look for "adobertm.com" in the list of trackers. Just same as "google-analytics.com" and the like.

  6. Re: Blame those impersonating me... apk by Anonymous Coward · · Score: 0

    You are still demented!

  7. Re: Blame those impersonating me... apk by Anonymous Coward · · Score: 0

    Until you have an account, I will believe every post that mentions apk in any form is your crazy ass.

  8. Yawn. Alibaba did $30.8 billion in one day. by ebonum · · Score: 3, Informative

    On November 11th, 2018.
    https://www.cnbc.com/2018/11/1...

  9. You said THAT trolling by UNIDENTIFIABLE ac? by Anonymous Coward · · Score: 0

    You said THAT trolling by UNIDENTIFIABLE ac? Hypocrite, then you can serve as a lesson: There's NO CURE for STUPID (as in you, lol).

    APK

    P.S.=> Dimwit... apk

    1. Re: You said THAT trolling by UNIDENTIFIABLE ac? by Anonymous Coward · · Score: 0

      The difference is, I make no claims to either be or not be any other poster.

      You, on the other hand, do make those claims.

    2. Re: You said THAT trolling by UNIDENTIFIABLE ac? by Anonymous Coward · · Score: 0

      No. You're a stupid hypocrite like the REAL APK said and you know it dumbass that has to HIDE from apk like the chickenshit you are.

  10. IMPERSONATING ME AGAIN? apk by Anonymous Coward · · Score: 0

    gweihir KNEW u IMPERSONATE me https://it.slashdot.org/commen... c6gunner proves it https://linux.slashdot.org/com... & forgot to SUBMIT AC & used his registered 'lusrname' (he tried to mock me both BEFORE & after I FAIRLY challenged him to show he's done better work - he had ZERO).

    I'd never "cry victim" to ne'er-do-wells (TROLLS, not all /.ers) either.

    U EVEN HELPED ME https://science.slashdot.org/c... (& then realizing it you quit trying to make me look bad via what you thought were lies on hosts as "ME" IN YOUR IMPERSONATIONS of me e.g. https://tech.slashdot.org/comm... on speculative execution attack: Hosts PREVENT 'EM, joke's on you)

    APK

    P.S.=> 2nd to last link's KILLING U THAT U HELPED ME & got me to see if hosts stop portsmash/meltdown/spectre & yes - hosts WORK on 'em - U LOSE + FAIL a PORTFILTER TEST https://yro.slashdot.org/comme...

  11. Blame those impersonating me... apk by Anonymous Coward · · Score: 0

    Wasn't really me you replied to: It's impersonators of me & I only post on hosts IF they stop threats OR speed you up. I don't off topic.

    I won't "lay down" to losers attacking me 1st. I defend myself w/ facts they can't beat.

    & NO WAY I'd "cry" like you "playing victim ne'er-do-wells" on /. (TROLL /.ers, not all) OR post on hosts offtopic.

    I've got a "psycho fanclub" IMPERSONATING me & spamming + lying about MY work STALKING me by UNIDENTIFIABLE anonymous posts!

    c6gunner CAUGHT IMPERSONATING ME https://linux.slashdot.org/com...

    (His name's on the post as SUBMITTER signing "APK" & he ALTERED users words of praise of my work (since he tried INSULTING me 1st & I issued a FAIR CHALLENGE to SHOW HE CAN DO BETTER - he hasn't)).

    gweihir PROVED you IMPERSONATE me https://it.slashdot.org/commen... too!

    APK

    P.S.=> I'm not here to win a popularity contest OR to lose (it's for LOSERS like c6gunner - not I): I'm here to WIN & so do hosts users... apk

  12. Re:Yawn. Alibaba did $30.8 billion in one day. by Anonymous Coward · · Score: 0

    Maybe, but there are reports that a lot of those high numbers claimed over the past few years are from false sales. Sales are initiated but never completed on things like crates of raw material, yachts, even parcels of land, etc.

  13. Re:Yawn. Alibaba did $30.8 billion in one day. by Anonymous Coward · · Score: 0

    sexress singos

  14. Re:Yawn. Alibaba did $30.8 billion in one day. by larryjoe · · Score: 0

    On November 11th, 2018.
    https://www.cnbc.com/2018/11/1...

    Yes, but those are the sales for the one-day Singles Day. US holiday shopping is spread out over an entire month. If all Christmas sales were all compressed to a single day, then the total would be much higher for that one day. As a comparison, total 2017 US Christmas sales were over $700 billion, of which $123 billion was online.

    China is quickly becoming a consumer economy, but it still has a ways to catch up to the US for now.

  15. Aww, how cute by Anonymous Coward · · Score: 0

    That's almost cute considering Alibaba's Singles Day sales of $30.8 Billion for 2018. Or thousand million or whatever you prefer to call it.

  16. Re:Yawn. Alibaba did $30.8 billion in one day. by Anonymous Coward · · Score: 0

    I dunno, I bought a ton of shit on Singles Day. Did my part to keep China, Hong Kong, Singapore, and probably about a dozen other Sinitic cultures vibrant.

  17. More commercialized bullshit by Anonymous Coward · · Score: 0

    My inbox was full of Cyber Monday sales, including the likes of airlines and companies that don't sell electronics. Just another bullshit excuse for a sale with prices that aren't much cheaper than regular prices at Amazon.

  18. Re:Yawn. Alibaba did $30.8 billion in one day. by Anonymous Coward · · Score: 0

    Fake and gay is fake and gay, good point.

  19. Re:Yawn. Alibaba did $30.8 billion in one day. by Anonymous Coward · · Score: 0

    Is there something wrong with being single and not having sex?

  20. Re:Yawn. Alibaba did $30.8 billion in one day. by Anonymous Coward · · Score: 0

    As long as you buy a ton of bullshit on Alibaba, apparently not. Enjoy yourself.

  21. Re:Yawn. Alibaba did $30.8 billion in one day. by Anonymous Coward · · Score: 0

    Check out the sales for the month around the Chinese new year, and come back to us, smartypants.

  22. Re: Yawn. Alibaba did $30.8 billion in one day. by Anonymous Coward · · Score: 0

    On a relates note, I saw No good deals on Amazon at Black friday or cyber monday?

    Everything was same price or worse than on a regulær day, what up with that? (From europe)

  23. Re:Yawn. Alibaba did $30.8 billion in one day. by swell · · Score: 1

    There's a good reason for that. Many people in China only recently gained enough money to buy stuff. They need microwave ovens, refrigerators, better televisions and of course, better smartphones.

    In the US, we have more than we can use by far. We have filled our garages, attics and basements with stuff. There is nothing left to buy.

    --
    ...omphaloskepsis often...
  24. Re:Yawn. Alibaba did $30.8 billion in one day. by larryjoe · · Score: 1

    Check out the sales for the month around the Chinese new year, and come back to us, smartypants.

    As you wish, Buttercup. One estimate of the week-long Chinese New Year is around 840 billion yuan ($140 billion) in the retail and catering industries for 2017.

    Of course, this is not a beauty contest. Rather this reflects cultural behavior. Christmas in the US has culturally become a buying season. That's good for the economy and potentially bad for overstretched family budgets buying things that aren't needed. Chinese New Year is about family, eating, sweeping out the old, ushering in the new, and red envelopes. It's starting to move in the commercial, non-family direction of American Christmas observance, which is arguably also not a great thing.

  25. Re:Yawn. Alibaba did $30.8 billion in one day. by DNS-and-BIND · · Score: 0

    What is with all these Chinese trolls, cheerleading for the enemy? The 50 Cent Gang invades Slashdot?

    --
    Shutting down free speech with violence isn't fighting fascism. It IS fascism!
  26. Comment removed by account_deleted · · Score: 0

    Comment removed based on user account deletion

  27. Re:Yawn. Alibaba did $30.8 billion in one day. by The+Snazster · · Score: 1

    50 cent Chinese trolls are like American Express, they are everywhere you want to be. Hopefully, the supreme Pooh Bear-for-life will eventually have to cut them down to a quarter.