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Thanksgiving – Cyber Monday eComm Numbers
Amazon Tops Sales: No surprise here. And Amazon Resellers sold $5 billion between Black Friday and Cyber Monday on Amazon — a 60% increase from last year.
Top-selling items this year include Barack Obama's memoir "A Promised Land," the redesigned Echo Dot and the Revlon One-Step Hair Dryer and Volumizer Hot Air Brush.
Black Friday this year climbed 22% year over year to a record $9 billion, according to Adobe Analytics. Cyber Monday, the busiest online shopping day of the year, is also expected to notch record sales.
Meanwhile, Shopify (SHOP), a sales platform primarily used by small businesses, measured $5.1 billion in global sales over the four days between Black Friday and Cyber Monday, making it the largest weekend ever in its history.
That's a sharp contrast to foot traffic at brick-and-mortar stores, which fell 52% on Black Friday compared to last year, according to a report from Sensormatic Solutions. Shopping traffic on Thanksgiving dropped by 95%, as many stores closed
More Shopify 2020 Black Friday/Cyber Monday Global Highlights
We also discuss the Government's money policy and how it is creating a dead spiral that will lead to huge inflation numbers down the road. The money printing machine continues and the dollar will continue to devaluate making inflation the highest hidden tax burden that all consumers will feel in their wallets.
All of this while Bitcoin is hitting new records every week and gold seems to take a step back. Time will tell if investors are putting their money in the right place.
All that and much more in this episode of MGR Unplugged.
What do you think? Take a listen and let us know your thoughts.
Want more?
Subscribe to The Edge eComm Digest and receive weekly news directly in your INBOX >
Check our other stuff out too:
This episode is brought to you by MGR Agency. Scaling marketing for leading digital brands.
If you liked this episode, please share it with your friends. If you REALLY liked it, please leave us a positive review on your favorite podcast platform. Thank you for watching or listening!
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Thanksgiving – Cyber Monday eComm Numbers
Amazon Tops Sales: No surprise here. And Amazon Resellers sold $5 billion between Black Friday and Cyber Monday on Amazon — a 60% increase from last year.
Top-selling items this year include Barack Obama's memoir "A Promised Land," the redesigned Echo Dot and the Revlon One-Step Hair Dryer and Volumizer Hot Air Brush.
Black Friday this year climbed 22% year over year to a record $9 billion, according to Adobe Analytics. Cyber Monday, the busiest online shopping day of the year, is also expected to notch record sales.
Meanwhile, Shopify (SHOP), a sales platform primarily used by small businesses, measured $5.1 billion in global sales over the four days between Black Friday and Cyber Monday, making it the largest weekend ever in its history.
That's a sharp contrast to foot traffic at brick-and-mortar stores, which fell 52% on Black Friday compared to last year, according to a report from Sensormatic Solutions. Shopping traffic on Thanksgiving dropped by 95%, as many stores closed
More Shopify 2020 Black Friday/Cyber Monday Global Highlights
We also discuss the Government's money policy and how it is creating a dead spiral that will lead to huge inflation numbers down the road. The money printing machine continues and the dollar will continue to devaluate making inflation the highest hidden tax burden that all consumers will feel in their wallets.
All of this while Bitcoin is hitting new records every week and gold seems to take a step back. Time will tell if investors are putting their money in the right place.
All that and much more in this episode of MGR Unplugged.
What do you think? Take a listen and let us know your thoughts.
Want more?
Subscribe to The Edge eComm Digest and receive weekly news directly in your INBOX >
Check our other stuff out too:
This episode is brought to you by MGR Agency. Scaling marketing for leading digital brands.
If you liked this episode, please share it with your friends. If you REALLY liked it, please leave us a positive review on your favorite podcast platform. Thank you for watching or listening!