Mobile Devices Drive Sales On Black Friday

Posted: Nov 26 2016, 8:03pm CST | by , Updated: Nov 26 2016, 8:08pm CST, in News | Black Friday

 

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Mobile Devices drive Sales on Black Friday
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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 TechCrunch, 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 percent and 60 percent 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 percent -- most of that (47 per cent) was from smartphones, as opposed to tablets (nine percent).

"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.

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The Indo-Asian News Service (IANS) was established in 1986, initially to serve as an information bridge between India and its thriving Diaspora in North America. Now IANS is a full-fledged wire agency, putting out news 24x7 from around the world.

 

 

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