According to a 2016 report, the average yearly financial expense attributed to fraud for retailers was 7.6 percent of annual revenue across all channels, including online and offline sales. And that is on a business-as-usual day. On peak-retail days, clients operating on Amazon have reportedly seen an increase of 150 percent in fraud attempts. But…
Tag: Black Friday
And they’re off! Black Friday, the Super Bowl of shopping, kicks off holiday season
CSONDY, GETTY IMAGES On Thanksgiving Day, the traffic flowing through mobile devices represented 68 percent of all online traffic, according to Salesforce. And 54 percent of all digital orders that day were made through smart phones, the most of any day this year and roughly 30 percent more than in 2017. Social media is also playing…
Pre-Black Friday Online Sales Spike 17% – PYMNTS.com
“U.S. consumers increased their online shopping by nearly 17 percent before Black Friday, according to new data published by Adobe Analytics this week. Online shopping spend topped $31.9 billion in the first 20 days of November, including the first ‘$2 billion day of the season,‘ analysts said. That day was Monday, Nov. 19.” https://www.google.com/amp/s/www.pymnts.com/news/retail/2018/adobe-online-sales-black-friday-holiday-shopping/amp/
Salesforce: 40% Of 2018’s Retail Revenue Will Happen This Week During Black Friday and Cyber Monday
Mobile will be key. So will AI, for perhaps the first time, as smart systems are helping to drive more than a third of all retail revenue. This upcoming Cyber Week will be the biggest digital week ever. We predict that 40% of the entire shopping season’s revenue will be made the first week of…
Refresher: 2017 eCommerce Holiday Spending Report
As we wrap 11/11 (aka Singles Day) we have officially begun the start of the holiday shopping season. With that in mind, I thought it would be the perfect time for a 2017 refresher. “As Deloitte predicted, the weeks leading up to Black Friday/late November and late December accounted for up to 80% of retail sales…