Black Friday hits $6.2B in US Online Sales, Smartphones Accounted for $2.1B
After a record-breaking Thanksgiving with $3.7 billion in digital sales across desktop and mobile devices, Black Friday pulled in a bumper year for e-commerce. Adobe — which tracks trillions of transactions across a range of retail sites — says that $6.22 billion was spent in the day, up just over 23 percent on a year ago.
That was in line with estimates earlier in the day, after tracking sales that saw $4.1 billion was already spent online by 5pm Pacific time.
More than one-third — 33.5 percent — of all sales are coming from smartphones, totalling $2.1 billion. With another 10 percent coming from tablets, mobile overall is coming close to accounting for nearly half of all transactions, a major milestone.
Shoppers have made more purchases online during Black Friday than during all of Thanksgiving the day before, when $3.7 billion was spent (a record amount for the holiday).
Adobe says the day is on track to be the second-largest e-commerce day in US history, behind Cyber Monday 2017, which brought in $6.6 billion. This year’s Cyber Monday is expected to bring in $7.8 billion.
“Black Friday will come very close to eclipsing last year’s Cyber Monday in terms of online sales,” said Taylor Schreiner, director, Adobe Digital Insights.
But interestingly, Adobe had revised down its full-day projection for Black Friday. The analysts’ $6.2 billion was down from its previous projection of $6.4 billion. In all, it ’s a big leap in 2017, when shoppers spent $5.03 billion online.
However, these figures are still far behind another major national shopping day. Alibaba alone made $31 billion in sales on Singles Day earlier this month.