Sunday, December 06, 2015

Clicks Defeat Bricks During Crucial Black Friday Holiday Weekend

According to a survey commission by the National Retail Federation, more than 103 million people shopped online over this past Black Friday weekend. In an article on AdAge.com covering the 2015 Black Friday e-commerce and brick and mortar figures, we can see a potential inflection point taking in retail place as more and more sales shift to online channels. It was reported that brick and mortar retailers’ sales declined versus last year; however, the growth in online sales exceeded predictions. 

The Thanksgiving Holiday season represents both a significant opportunity and challenge for retailers. In an attempt to compete with Amazon, more and more retailers are forced to offer increased promotions, free shipping for online orders, and up their holiday marketing spend in order to lure in consumers. While AdAge.com offers compelling statistics about the increase in Black Friday e-commerce sales, it points out that there is a shift taking place in reporting methodology. Therefore, it is unclear if the number of online shoppers was greater than the offline ones; however, it is no secret that consumers expect seamlessly integrated retail experiences across both online and offline channels.

- Olympia Portale


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