“People looking to scoop up Cyber Monday deals spent 1.4% less this year than last, according to the Adobe Digital Economy Index, with online sales in the US on Monday totaling $10.7 billion. Salesforce had a different result for Cyber Monday, saying sales rose 3% from 2020 to $12.3 billion this year. Salesforce said spending…
Tag: holiday sales
Report: 81% of online retailers increase AI budget to boost holiday sales
“Eighty-five percent of retailers expect online sales to increase during the 2021 holiday shopping season, continuing an upward trend from the pandemic lockdowns of 2020, according to the 2021 eCommerce Outlook Report from Anodot and Researchscape. To help them stay competitive, retailers are turning to artificial intelligence, with 81% of the merchants in the survey…
Pandemic Accelerates The Erosion Of Brick-And-Mortar Providing New Opportunities For ECommerce
According to Digital Commerce 360’s annual retail holiday survey release in September, 33 percent of retails are projecting that web sales will increase by as much as 24 percent this holiday season – notably due to the pandemic and the continued shift to online shopping. Pandemic Accelerates the Erosion of Brick-and-Mortar Providing New Opportunities for…
Powering ecommerce sales for festive season and beyond
* “As online shopping continues to grow at breakneck speed, ecommerce players are riding the wave and increasing their spend on AR, VR and AI to entice and engage customers in anticipation of the festive season. * In its latest Adobe Digital Economy Index report for May 2020, Adobe Analytics found that ecommerce sales during…