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EP061 - Cyber 5 Holiday Recap 2016

The Jason & Scot Show · November 30, 2016 · 57 min

Summary

This episode provides a data-rich recap of the 2016 Cyber 5 holiday shopping period, highlighting key trends in e-commerce sales, mobile penetration, and retail performance. E-commerce operators can leverage these historical insights to understand the evolving landscape of holiday sales and prepare for future peak seasons, particularly regarding mobile optimization and managing website stability under high traffic.

Key takeaways

Themes

retail & omnichannelconversion & croai & automation

Topics covered

cyber 5 recapthanksgiving e-commerce salesblack friday e-commerce salesmobile commerce growthwebsite stability during peak trafficomnichannel retail trends

Episode description

EP061 - Cyber 5 Holiday Recap 2016 Thanksgiving: Thanksgiving generated $1.93 billion in e-commerce sales (Adobe) Thanksgiving e-commerce sales from Desktop was up 17% (Comscore) Macys was open on Thanksgiving, and had 16,000 people waiting to get in to it's flagship Harrod Square store Target & Kohls set e-commerce sales records for Thanksgiving day BestBuy experienced stability problems with it's website and had to throttle traffic Black Friday Black Friday generated $3.34 billion in e-commerce sales , 21.6% YoY Growth (Adobe) Black Friday generated $1.2B billion in mobile e-commerce sales, first $1B mobile day ever (Adobe) Mobile was 36% of sales (33% y

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Frequently asked about this episode

What does this episode say about retail & omnichannel?
Mobile commerce broke records on Black Friday 2016, exceeding $1 billion in sales and accounting for 36% of total e-commerce sales, underscoring the critical need for a robust mobile experience.
What does this episode say about conversion & cro?
Thanksgiving Day sales reached $1.93 billion, with major retailers like Target and Kohl's setting new e-commerce records, indicating the increasing importance of early holiday promotions.
What does this episode say about ai & automation?
Website stability is paramount during peak sales periods, as evidenced by Best Buy's issues throttling traffic; prioritize infrastructure to prevent lost sales.
What does this episode say about retail & omnichannel?
Desktop sales on Thanksgiving still showed strong growth (up 17%), suggesting a multi-device strategy is essential, even as mobile gains dominance.
What does this episode say about retail & omnichannel?
Physical stores like Macy's still drew significant in-person crowds on Thanksgiving, indicating that omnichannel strategies remain relevant despite e-commerce growth.

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