Results are already pouring in from yesterday’s Cyber Monday sales. While sales were expected to fall compared to last year, they actually grew 13.7%, a significant increase considering the current economy.
Black Friday Tag
Let the chaos begin, the holiday shopping season has officially arrived. While the world is an economic battle, another battle is brewing between many online retailers, most specifically between Amazon & Walmart. Last Friday, millions of people started their holiday shopping, lining up to get their hands on some of the best deals around. It turns out though that many skipped the lines and did their shopping exclusively online.
Data from Experian Hitwise shows that Walmart.com took the top spot for sales on Thanksgiving Day, while Amazon.com had the biggest revenue for Black Friday. Unfortunately, Experian Hitwise said that among the top 500 online retail stores, the number of U.S. visits were down 15% on Thanksgiving Day compared to the same day last year. Online traffic on Black Friday was also down nearly 4% compared to 2008. (more…)
From Rupert Murdoch teaming up with Mircosoft, to celeberating TweetsGiving this is what happened this week in the world of social media and on the world wide web. (more…)
On Black Friday millions of Americans fought the shopping crowds to get the best deals at stores like Wal-Mart and Best Buy. In fact, many Americans camped out in store parking lots Thanksgiving night just to make sure they’d be one of the first people through the doors.
The economic crunch has put a strain on shoppers’ budgets this year, but you wouldn’t know that with the throngs of people lined up outside stores last Friday morning. This year people know what they want and where to get the best deal on it.
But when the spoils of shopping begin to outweigh the benefits: is it really worth battling the crowds to shop on Black Friday when you can save time, money and stress by shopping online?