Slashdot Mirror
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.
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.
I spent five bucks on a video game at Valve Steam. Woo-hoo!
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.
On November 11th, 2018.
https://www.cnbc.com/2018/11/1...
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...
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.
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.
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.
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€
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.
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.