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Mobile devices drive sales on Black Friday: Report

IANS  |  New York 

In a first, online shopping on Black Friday is estimated to have hit the $3 billion mark in the US with a major chunk of the total sales coming from mobile devices, a report said on Saturday.

Adobe, which has been tracking e-commerce transactions, estimated sales of $3.05 billion on Black Friday 2016 -- up 11.4 per cent from the same day last year.

According to a report in Tech Crunch, mobiles had a significant impact on the record e-commerce sales on Thanksgiving Day and Black Friday.

"Major retailers, like Amazon, Walmart, Target and eBay, noted that mobile traffic and sales were on the rise," the report said.

Walmart and Target said the website traffic on Thanksgiving for mobile stood at over 70 per cent and 60 per cent respectively.

"This trend continued into Black Friday, as the sales event is currently tracking to bring in $1.13 billion in revenue, which is up 25 per cent year-over-year," the report noted.

In retail stores also, mobiles drove the majority of retail sites visits at 56 per cent -- most of that (47 per cent) was from smartphones, as opposed to tablets (nine per cent).

"The negative impact on online shopping we saw following the election has not been fully made up, but consumers are back online and shopping," Tamara Gaffney, Principal Analyst and Director, Adobe Digital Insights, was quoted as saying.

"As spending ramps up on Black Friday, we are back on track. We still expect Cyber Monday to surpass Black Friday and become the largest online sales day in history with $3.36 billion," she added.

In addition, iOS continued to drive larger sales than Android. The average order value on iOS devices was $144 compared with $136 on Android.

Adobe also noted this year's top-selling electronics were Apple iPads, Samsung 4K TVs, the Apple Macbook Air, LG TVs and Microsoft Xbox.

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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Mobile devices drive sales on Black Friday: Report

In a first, online shopping on Black Friday is estimated to have hit the $3 billion mark in the US with a major chunk of the total sales coming from mobile devices, a report said on Saturday.

In a first, online shopping on Black Friday is estimated to have hit the $3 billion mark in the US with a major chunk of the total sales coming from mobile devices, a report said on Saturday.

Adobe, which has been tracking e-commerce transactions, estimated sales of $3.05 billion on Black Friday 2016 -- up 11.4 per cent from the same day last year.

According to a report in Tech Crunch, mobiles had a significant impact on the record e-commerce sales on Thanksgiving Day and Black Friday.

"Major retailers, like Amazon, Walmart, Target and eBay, noted that mobile traffic and sales were on the rise," the report said.

Walmart and Target said the website traffic on Thanksgiving for mobile stood at over 70 per cent and 60 per cent respectively.

"This trend continued into Black Friday, as the sales event is currently tracking to bring in $1.13 billion in revenue, which is up 25 per cent year-over-year," the report noted.

In retail stores also, mobiles drove the majority of retail sites visits at 56 per cent -- most of that (47 per cent) was from smartphones, as opposed to tablets (nine per cent).

"The negative impact on online shopping we saw following the election has not been fully made up, but consumers are back online and shopping," Tamara Gaffney, Principal Analyst and Director, Adobe Digital Insights, was quoted as saying.

"As spending ramps up on Black Friday, we are back on track. We still expect Cyber Monday to surpass Black Friday and become the largest online sales day in history with $3.36 billion," she added.

In addition, iOS continued to drive larger sales than Android. The average order value on iOS devices was $144 compared with $136 on Android.

Adobe also noted this year's top-selling electronics were Apple iPads, Samsung 4K TVs, the Apple Macbook Air, LG TVs and Microsoft Xbox.

--IANS

qd/sku/gb/bg

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Mobile devices drive sales on Black Friday: Report

In a first, online shopping on Black Friday is estimated to have hit the $3 billion mark in the US with a major chunk of the total sales coming from mobile devices, a report said on Saturday.

Adobe, which has been tracking e-commerce transactions, estimated sales of $3.05 billion on Black Friday 2016 -- up 11.4 per cent from the same day last year.

According to a report in Tech Crunch, mobiles had a significant impact on the record e-commerce sales on Thanksgiving Day and Black Friday.

"Major retailers, like Amazon, Walmart, Target and eBay, noted that mobile traffic and sales were on the rise," the report said.

Walmart and Target said the website traffic on Thanksgiving for mobile stood at over 70 per cent and 60 per cent respectively.

"This trend continued into Black Friday, as the sales event is currently tracking to bring in $1.13 billion in revenue, which is up 25 per cent year-over-year," the report noted.

In retail stores also, mobiles drove the majority of retail sites visits at 56 per cent -- most of that (47 per cent) was from smartphones, as opposed to tablets (nine per cent).

"The negative impact on online shopping we saw following the election has not been fully made up, but consumers are back online and shopping," Tamara Gaffney, Principal Analyst and Director, Adobe Digital Insights, was quoted as saying.

"As spending ramps up on Black Friday, we are back on track. We still expect Cyber Monday to surpass Black Friday and become the largest online sales day in history with $3.36 billion," she added.

In addition, iOS continued to drive larger sales than Android. The average order value on iOS devices was $144 compared with $136 on Android.

Adobe also noted this year's top-selling electronics were Apple iPads, Samsung 4K TVs, the Apple Macbook Air, LG TVs and Microsoft Xbox.

--IANS

qd/sku/gb/bg

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

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