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Black Friday Online Sales: Spending, Trends & AI Impact

by Rachel Kim – Technology Editor

Black Friday Online Sales Hit $11.8 Billion, Driven by Mobile & AI, Adobe Reports

NEW YORK American consumers shattered online⁤ spending records this Black Friday, totaling $11.8 billion ‌in purchases – a 9.1% increase over the previous year, according to data released ‍by ‍Adobe Analytics. The surge in digital spending underscores the continuing ⁣shift towards ‌e-commerce during the holiday season adn highlights the growing influence of mobile shopping ​and artificial intelligence.

Peak online traffic occured‍ between 10:00 a.m. and 2:00 p.m. Eastern Time, ⁣with shoppers spending an amazing $12.5 million per minute during ​that period. Significant‍ sales increases were observed across‍ several key categories, including video game consoles (up 1,900%), ‍televisions‌ (1,740%), headphones and speakers (1,700%), and refrigerators (1,630%).

discounts were widespread, with toys seeing reductions of‍ up to 30% from original prices,⁤ followed by electronics (29%), televisions (24%),⁢ and clothing ​(25%). Top-selling toys included LEGO products, Nerf guns, board⁢ games, and Pokémon cards, while the Nintendo Switch, Xbox Series X,⁣ and PlayStation 5 lead console ‌sales.

Mobile devices dominated the shopping experience, accounting for ​55.2% of all online sales ⁣- a‌ total of $6.5 billion.Adobe noted that this trend supports⁣ impulse purchases and fuels overall e-commerce growth. ‌”Mobile is⁢ now the dominant form of shopping during the‌ Christmas ‍season,” the firm stated.

Social‌ commerce also experienced considerable​ growth,⁢ contributing 3.4% of ‌online ⁢purchases,⁢ a year-over-year increase of 54.5%.

Perhaps surprisingly, Artificial Intelligence (AI) played a significant role, driving an 805%​ increase in traffic to retail websites compared to last year. Consumers leveraged ‌AI ⁣tools to research ​products and find ​deals, particularly in⁤ categories like ‌video‌ games, ‍appliances, electronics, toys, and baby/personal care items. ⁣Shoppers arriving at websites via AI were ⁤38% ‌more likely to make​ a ‍purchase than those arriving through other⁤ channels.

Looking‌ ahead, Adobe estimates $6.4 billion was spent online during Thanksgiving, and projects $5.5 billion in spending today ⁢(Saturday) and $5.9 billion on Sunday. Cyber Monday‍ is forecast to⁣ be the largest online shopping day of the year, with an anticipated $14.2 billion in sales.

Adobe predicts that Cyber Week – encompassing Thanksgiving, Black‌ Friday, and⁣ Cyber Monday – will ​account for approximately 17.2% of total ‍holiday ⁤season spending, reaching $43.7 billion, a 6.3% increase year-over-year.


Source: Adobe Analytics,⁢ DMC.

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