Fueled by Discounts and BNPL, Online Holiday Sales Grow 4.9%

Fueled By Discounts And BNPL, Online Holiday Sales Grow 4.9%

1 day from now

Jan 4, 2024  · Online holiday sales increased 4.9% YoY, reaching $222.1 billion for the period from Nov. 1 to Dec. 31, 2023, according to Adobe Analytics.November’s sales total of $123.5 …

retailtouchpoints.com

US Online Holiday Spending Up 5% On Steep Discounts, BNPL …

1 day from now

Jan 4, 2024  · Online spending by U.S. shoppers rose 4.9% during the 2023 holiday season, an Adobe Analytics report showed on Thursday, as intense promotions on items such as …

yahoo.com

The Supply Side: Holiday Sales Exceed Expectations, Fueled By …

1 day from now

Dec 17, 2024  · Adobe also said 55% of online sales came through a mobile device, representing $5.9 billion in spending, up 12.1% from a year ago. The buy now, pay later (BNPL) purchases …

talkbusiness.net

US Online Holiday Spending Up 5% On Steep Discounts, BNPL …

1 day from now

Jan 4, 2024  · A majority of the deals were for electronics, where discounts peaked at 31% off listed price versus 25% in 2022. Toys saw discounts as high as 28% versus 34% previously. …

nasdaq.com

Online Sales Drove A Strong Start To The Holiday Shopping Season

1 day from now

Dec 3, 2024  · This fueled a nearly 15% hike in online spending on Black Friday, totaling $10.8 billion in e-commerce sales, Adobe said. Americans spent another $10.9 billion over the …

investopedia.com

Paid Search Fueled Highest Holiday Sales For Retailers

1 day from now

Jan 4, 2024  · Paid search drove U.S. consumers to spend, but a payment strategy allowed them to pay overtime helping retailers reach a record $222.1 billion in online holiday sales from Nov. …

mediapost.com

Black Friday Spending Spree Fueled By BNPL Purchases - Forbes

1 day from now

Nov 29, 2024  · Fast growing BNPL are expected to capitalize on this and set new records this season, driving $18.5 billion in online spend, up 11.4% from this time last year.

forbes.com

U.S. Consumers Increased Holiday Spending This Year Even As They …

1 day from now

2 days ago  · Clothing sales rose 3.6%, with most of the growth being fueled by online shopping. Spending on restaurants, and sales of electronics and jewelry also grew. Online sales jumped …

pbs.org

BNPL Boom Boosting Holiday Spending - The Food Institute

1 day from now

Dec 10, 2024  · Adobe reported online BNPL purchases through companies like PayPal, Affirm and Klarna gained 14.3% from 2022 to 2023 to $75 billion. The total is expected to grow to …

foodinstitute.com

Alternative Payments, Including BNPL, Fuel Holiday Sales

1 day from now

Dec 9, 2024  · The BNPL figures show an increase over last year’s record=breaking numbers. So far during the holiday season, BNPL spending has reached $18.6 billion, up from $16.6 billion …

paymentsjournal.com

BNPL Is Shining This Holiday Season. Here’s How Retailers Should …

1 day from now

Dec 11, 2024  · While US BNPL user growth is in the single digits for all other generations, Gen Z BNPL use will increase by 12.4% next year, per our forecast, as young people look to increase …

emarketer.com

Gen Z, Millennials Drive BNPL Growth This Holiday Season

1 day from now

1 day ago  · A majority of younger consumers are using BNPL, with 62% of Gen Z consumers and 56% of millennials saying they've tapped the product, according to the TSG and Electronic …

americanbanker.com

Buy Now Pay Later For Holiday Shopping? Why The Surge Is …

1 day from now

Oct 5, 2023  · BNPL is expected to generate $17 billion in online holiday spending this year, up $2.5 billion, or nearly 17%, from last year, according to Adobe Analytics’ examination of …

usatoday.com

Last-minute Bargain Hunters Send Holiday Retail Sales Higher Than …

1 day from now

2 days ago  · According to a Mastercard SpendingPulse report, online spending during the holiday shopping period from Nov. 1 to Dec. 24 grew by 6.7% over last year, compared to a 2.9% …

yahoo.com

Offering BNPL Prior To Checkout Could Give Merchants A Sales Boost

1 day from now

Nov 21, 2024  · US consumers are expected to make $18.5 billion in online holiday purchases using third-party BNPL services this year, per Adobe Analytics, an increase of 11.4% YoY …

emarketer.com

US Online Holiday Spending Jumps 5% Steep Discounts And BNPL …

1 day from now

In a significant boost for e-commerce, U.S. shoppers witnessed a 4.9% surge in online spending during the 2023 holiday season,

vousmag.com

Adobe Predicts £24.1 Billion UK Online Holiday Shopping Season As ...

1 day from now

Nov 8, 2023  · While overall spend will increase, consumers will be making greater use of deep discounts on offer during Cyber Weekend (24th – 27th November) and flexible payment …

retailtechinnovationhub.com