Adobe expects Cyber Monday 2020 to become the largest online sales day in history, with spending between $10.8 billion (15% year-over-year growth) and $12.7 billion (35% year over year growth). U.S. consumers spent $6.3 million per minute shopping online on Black Friday, or $27.50 on average per person.
How much money is spent on Black Friday and Cyber Monday?
Cyber Monday Sales Hit $10.8 Billion: Black Friday Weekend By The Numbers. I am a retail pundit, business strategist, speaker and professor. Cyber Monday was projected to be the largest online shopping day in U.S. history and it delivered just that— a 15.1% increase over last year coming in at $10.8 billion for the day …
Are things cheaper on Cyber Monday?
If you’re asking, “Is Cyber Monday worth it?” the short answer is yes! In 2017 and 2018, we saw more deals on Cyber Monday than on Black Friday. And though Cyber Monday had fewer deals last year compared to Black Friday, it was still close. So these Monday offers are certainly worth checking out.
How much does the average person spend on Cyber Monday?
The 174 million Americans who shopped between Thanksgiving Day and Cyber Monday spent an average of $335 per person during that five-day period.
How much did Cyber Monday 2020 cost?
Holiday shoppers went online Monday and spent $10.8 billion, setting a record for the largest U.S. internet shopping day ever, according to Adobe Analytics data.
Is Black Friday actually cheaper?
Is Black Friday really cheaper?” The good news is Black Friday is absolutely worth all the hype. Almost everything you can think of goes on sale in some capacity, with the best discounts being 50% or higher. Even Apple items — which practically never go on sale — see significant discounts during Black Friday.
Is there a Cyber Monday 2020?
Cyber Monday 2020 is on 30 November.
Is Cyber Monday the same as Black Friday?
Aside from the dates, the traditional difference between Black Friday and Cyber Monday is that Black Friday deals can be found online and in physical stores, whereas Cyber Monday is purely dedicated to online discounts.
How did Black Friday Go 2020?
Black Friday 2020 was always going to be different. Masks, socially distanced lines, limited foot traffic in stores — Black Friday this year was different both structurally and visually. This year, retailers collectively blew up the traditional start to the holiday shopping season.
How did Black Friday sales 2020?
Black Friday 2020 online shopping surges 22% to record $9 billion, Adobe says. Consumers spent $9 billion on the web the day after Thanksgiving, up 21.6% year over year, according to data from Adobe Analytics. … Cyber Monday 2020 is expected to become the biggest digital sales day in history in the United States.