{"id":18538,"date":"2022-12-01T15:02:23","date_gmt":"2022-12-01T09:32:23","guid":{"rendered":"https:\/\/gjepc.org\/solitaire\/?p=18538"},"modified":"2022-12-01T15:03:19","modified_gmt":"2022-12-01T09:33:19","slug":"cyber-monday-drove-11-3-billion-in-online-spending","status":"publish","type":"post","link":"https:\/\/gjepc.org\/solitaire\/cyber-monday-drove-11-3-billion-in-online-spending\/","title":{"rendered":"Cyber Monday Drove $11.3 Billion In Online Spending"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Consumers spent a record total of $11.3 billion on Cyber Monday, representing 5.8% growth year-over-year (YoY), according to Adobe Analytics data. As the biggest online shopping day of the season, year, and of all time, this year\u2019s Cyber Monday saw consumers spend $12.8 million every minute during the peak hour, from 8:00 to 9:00 pm Pacific Time, it noted.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Across Cyber Week, consumers spent a total of $35.3 billion, up&nbsp;4% YoY, bolstered by record online spending during Black Friday ($9.12 billion, up 2.3% YoY) and Thanksgiving ($5.29 billion, up 2.9% YoY), reflecting consumer uptake of big discounts across numerous categories.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The 2022 holiday season is off to a strong start: consumers have already spent&nbsp;$107.7 billion&nbsp;online through 28<sup>th<\/sup> November, up&nbsp;8.7% YoY. Earlier and more frequent discounts have enabled eight days to exceed $2 billion in daily online spending, with 20 days topping $3 billion. Adobe expects spending for the full holiday season (1<sup>st<\/sup> November to 31<sup>st<\/sup> December) to hit&nbsp;$210.1 billion, growing&nbsp;2.75% YoY.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">On Cyber Monday, record spending was driven by toys, where online sales grew 684% compared to an average day in October 2022, as well as perennial favourites including electronics (up 391%) and computers (up 372%). Other categories with strong demand included sporting goods (up 466%), appliances (up 458%), books (up 439%) and jewellery (up 410%).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Consumers spent a record total of $11.3 billion on Cyber Monday, representing 5.8% growth year-over-year (YoY), according to Adobe Analytics data. As the biggest online shopping day of the season, year, and of all time, this year\u2019s Cyber Monday saw consumers spend $12.8 million every minute during the peak hour, from 8:00 to 9:00 pm&hellip;<\/p>\n","protected":false},"author":1,"featured_media":18539,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[83],"tags":[],"thb-sponsors":[],"class_list":["post-18538","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bulletin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Cyber Monday Drove $11.3 Billion In Online Spending - Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gjepc.org\/solitaire\/cyber-monday-drove-11-3-billion-in-online-spending\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cyber Monday Drove $11.3 Billion In Online Spending - Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine\" \/>\n<meta property=\"og:description\" content=\"Consumers spent a record total of $11.3 billion on Cyber Monday, representing 5.8% growth year-over-year (YoY), according to Adobe Analytics data. 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