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The main heroes for discussion will be: Black Friday, Cyber Monday, Christmas, and New Year’s Eve!
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Statistics
So let’s start with a little statistics to understand what the market is really going on and how the global crisis has affected online shopping.
Black Friday, Cyber Monday and all Christmas events are the main topic for brands and shoppers around the world. This is a time of crazy discounts, which every year opens up new opportunities to increase sales and attract new customers.
The holiday shopping season, encompassing Black Friday and Christmas, continues to be a major driver of retail sales, with significant year-over-year growth in both 2023 and 2024. In 2023, total holiday season sales in the U.S. reached $955.6 billion, marking a 3.87% increase from the previous year, with online sales accounting for $273.3 billion of this total. Predictions for 2024 indicate an even higher growth trajectory, with forecasts suggesting that holiday sales may climb another 2.5-3.5%, bringing the season’s total revenue close to $985 billion.
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