Holiday shopping is strong this year, and nowhere is that more evident than online. The full holiday shopping season thus far (November 1 to 26) drove $58.5 billion in online sales, a 19.9% increase, with every day generating over $1 billion, according to Adobe Analytics.
Mobile overall represented 51.4% of site visits and 34% of revenue on Cyber Monday.
But Cyber Monday was the real winner. The shopping holiday was the largest online shopping day of all time in the U.S., generating $7.9 billion in sales, up more than 19% on last year. That surpasses the more than the $6.2 billion in online sales for Black Friday.
Shoppers took to mobile to place orders on Cyber Monday, marking the first Cyber Monday where more than half of visits came from mobile. Mobile overall represented 51.4% of site visits (43.6% smartphones, 7.8% tablets) and 34% of revenue.
However, don't write off brick and mortar yet. As the online and offline retail experience continues to blend, retailers with physical stores drove 28% higher conversions online and Buy Online, Pickup In-Store (BOPIS) over the weekend saw a record 50% increase year-over-year.
Below is a quick look at the results from Cyber Monday and the overall holiday shopping season:
Cyber Monday 2018 Results
The three hours between 10:00 p.m. and 1:00 a.m. ET on Cyber Monday are expected to drive $1.7 billion in online sales, roughly $300 million more than an average full day during the year. ― Adobe Analytics
Compared to Cyber Monday 2017, mobile device usage increased by 17%, while desktop decreased by 10%. Cyber Monday did not see quite as dramatic of a decline in desktop usage compared to Black Friday, and mobile actually declined slightly -- most users were likely in the office as opposed to couch surfing, shopping or traveling where they would be more inclined to use a mobile device. ― Akamai
On Cyber Monday, as of 9:55 am ET, the top five performing categories by transaction volume included: Retail – 67% of all transaction volume today; Grocery- 14%; Services – 11%; Dining – 4%; Hotel/Travel/Leisure – 4%. ― First Data
There have been more than 1.1 million mentions of Cyber Monday on social media in the last 30 days. The top Cyber Monday brands over the last 30 days are Amazon (over 90,000 mentions, from Amazon Echo to Alexa Internet) and Walmart (over 20,000 mentions). ―Talkwalker
Promoting a one-date extension of Cyber Monday sales actually causes consumers to lose their sense of urgency - only driving a 2.7% conversion rate.―Yes Marketing
Throughout the five shopping days starting with Thanksgiving and continuing through Cyber Monday, Amazon.com customers ordered more than 180 million items. The best-selling products across Amazon.com on Cyber Monday were: Echo Dot; AncestryDNA: Genetic Testing Ethnicity; Bose QuietComfort 25 Acoustic Noise Cancelling Headphones for Apple devices; Becoming by Michelle Obama; Jenga; and Instant Pot DUO60 – 6 Quart. ― Amazon