According to IBM’s measurements, Black Friday online sales rose 20.7% as mobile sales moved ahead of desktop, through 6 PM. Almost certainly, Amazon (NASDAQ: AMZN) was the primary beneficiary, due to its extremely large share of the e-commerce market.
IBM researchers reported:
The average order value for the mobile and desktop shopper combined for Black Friday is $134.45.
Consumers continue to shop via their mobile devices—mobile traffic exceeded desktop, accounting for 54.4 percent of all online traffic, an increase of 16.6 percent over 2014. Mobile sales are also strong, with 35.3 percent of all online sales coming from mobile devices, an increase of 35.5 percent over last year.
Smartphone shoppers are spending $117.87 per order, an increase of 5.2 percent over 2014. Desktop and tablet had virtually identical average order value of $139.96 and 139.95 respectively
Smartphones remain the holiday shopper’s device of choice. Smartphones are accounting for 43.4 percent of all online traffic, nearly four times that of tablets at 11 percent. Smartphones are surpassing tablets in sales, driving 21.1 percent of online sales (up nearly 80 percent over 2014) versus tablets at 14.1 percent.
Speculating, smartphone use may be driven by the ease with which they can be used in stores. Consumers can compare prices for similar products at other stores and Amazon. This action, known as “showrooming”, is considers one of the behaviors which hurts bricks and mortar retailers the most. On the other hand, a smartphone can be used to pay for items at checkout in the actual store in which the consumer is shopping, a benefit to traditional retailers.
Whichever portable devices are used, much of the revenue will go to Amazon. It expects its revenue in the current quarter to rise as much as 20% to $36 billion, compared to the same quarter last year. While consumers may use e-commerce activity to visit sites operated by brick-and-mortar stores, Amazon’s takeover of American retail will continue to grow
Get Ready To Retire (Sponsored)
Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Have questions about retirement or personal finance? Email us at [email protected]!
By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.
By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.