- “Cyber Monday pulled in $11.3 billion in sales online according to figures from Adobe Analytics, which tracks seasonal e-commerce activity. This is 5.8% more than consumers spent on the same day last year
- Thanksgiving saw $5.29 billion in sales and Black Friday had $9.12 billion in sales — both also up on earlier forecasts. The weekend between had $9.55 billion in sales.
- At the peak, people were spending $12.8 million per minute on Monday
- In other trends, buy-now-pay-later transactions (BNPL) continued to be a force in how purchases are being made…Overall Cyber Week BNPL orders were up 85% over last week, with revenues up 88%.
- Mobile also continues to account for a big proportion of buying, although Cyber Monday’s 43% of all online sales when people are back at their desks was definitely down from the 55% of purchases on Thanksgiving.”
- “U.S. shoppers spent a record $9.12 billion online this Black Friday
- Online spending rose 2.3% on Black Friday
- Americans turned to smartphones to make their holiday purchases, with data from Adobe showing mobile shopping represented 48% of all Black Friday digital sales.”
“FIFA is touting an AI-powered decision-making system that will use sensors in the actual soccer ball to help determine calls. A vast network of facial recognition-enabled cameras will track the crowd, with technology in the same family as that deployed by the controversial firm Clearview AI. AI-powered sensors in the stadiums will even help control the climate.”
- “The revamping of the traditional superstore comes as ever-day shopping habits have continued to lean heavily in favor of e-commerce and online shopping.
- Shoppers can expect to find new dynamic displays of items with digital touchpoints as well as QR codes to find more information or options for the merchandise.
- Walmart Plus is a monthly or annually paid subscription to the superstore to get access to free shipping and delivery, gas savings, rewards, video streaming with Paramount+, and limited time offers such as Spotify deals.”
“In the first month after the AI initiative went live, Kontul reports there were nearly 3,000 daily sessions with MyKey, for a total of 250,000 interactions. The digital assistant is also reducing cost to serve by solving customer problems within the app rather than using other channels with an 84% ‘containment rate’ so far.”