Antonia Rekman’s Post

Over a third of consumers planned to reduce their in-store shopping in 2024. As a result, many retailers decided to prioritize online Black Friday sales over brick-and-mortar locations. At Checkout.com, consumer spending significantly increased this Black Friday compared to last year, with sectors benefiting the most including online clothing retailers, food delivery services, and sellers of digital goods. For a deep dive into the trends we saw during Black Friday and Cyber Monday 2024, check out our blog here 👉 https://lnkd.in/e25NKCxb #WhereTheWorldChecksOut

💻 The Hidden Costs Behind Record-Breaking Online Shopping Black Friday and Cyber Monday just shattered records: $10.8B spent on Black Friday  $13.3B on Cyber Monday  $15.8M spent every minute during peak hours But here's the reality check: Returns hit $890 billion in 2024 as per the National Retail Federation. 📦 Why? "Bracketing" is a major culprit – shoppers ordering multiple sizes to try at home. While convenient for customers, it creates: Massive logistics costs  Items often ending up in landfills instead of back on shelves  Decreased customer loyalty, as the hassle of returning items can sour the shopping experience. The good news? Solutions exist. Sizing technology like Bold Metrics tackles this at the source, ensuring customers get the right fit the first time. This means: Fewer returns  Higher satisfaction  More sustainable operations Ready to tackle sizing-related returns and boost conversion? Grab our guide to prepare for next year's holiday season. 👇 🎯 #OnlineShopping #eCommerce #RetailTech #Sustainability 

Black Friday 2024 was a record-breaker! 🥳 Peach Payments saw incredible growth across the board: 🚀Black Friday Month sales surged by 38%! 🚀Leisure & Entertainment spending skyrocketed 113%! 🚀Over R1.19 billion processed during the Black Friday/Cyber Monday weekend! Read the full article to learn about the trends from this year's Black Friday shopping frenzy 👉🏽 : https://lnkd.in/dMrZ3h_d #BlackFriday #ecommerce #payments

It may be a Black Friday trend report, but let’s not forget—Christmas is still two days away! 📅🎄 There’s still time to take a closer look and make the most of the final holiday rush. Plus, these insights could be a valuable head start for planning your 2025 strategy. #Ecommerce #HolidayTrends #2025Planning

As one peak season comes to a close🌞🌊👙, another one is just beginning.🎄🍁🛍️ As an ex-New Yorker, I know how crazy the holiday season is and the prep that goes into it on the bustling streets of Soho and 5th lined with retailers. But e-commerce brands have to be EVEN MORE geared up. With the ease of online shopping, people start looking and buying EARLY. 👀 And with social media blowing up brands left right and centre, its crazier than ever. In the lead up to Black Friday and Cyber Monday shoppers are keeping an eye out for the best deals and steals, searching far and wide, and discovering many new brands along the way. The perfect opportunity to pick up a new customer and keep them coming back for Christmas, the January sales and all throughout the new year. ♻️ If you aren’t providing transparency about calculating and collecting taxes and duties upfront for customers or offering a simple returns and exchanges process, you will be limiting your conversion rates. 📈When order volumes are skyrocketing, returns are higher and when more international orders come rolling in, customer inquiries about surprise fees will be higher. Get ahead of the problems now, automate your returns while promoting revenue retention and acquire new long-term international customers. Are you set up for success? #TheEcommerceOS #EcommerceEvolved #OnlineShopping #BlackFriday #CyberMonday #Christmas

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I was asked my opinion and prediction for Black Friday shopping in 2024. Buckle up butter cup... you're already late to the party. Black Friday and Cyber Monday 2024 are a mirage with companies like Sam's Club, Walmart,Target, and others already starting deals in mid-October. Many moms will be done with Christmas shopping before Thanksgiving. Those that wait for BF and CM will be left picking up the crumbs of "last minute" shoppers or those buying for themselves as deals come across. You certainly will not have the power of the full purse. The shift towards online shopping will become more pronounced with a significant focus on early deals, extended sales periods, flexible payment options like Buy Now, Pay Later (BNPL), increased use of AI in marketing anticipating your needs, and a strong emphasis on mobile commerce, with retailers offering exclusive app-only deals and experiences to maximize customer engagement within their own ecosystems. If you haven't started yet, get on it, and keep the deals on rotation all through till at least New Year's Day to maximize revenue. #BlackFriday #CyberMonday #Holidays

🚚💨 Black Friday (week) madness is here – and so is the demand for faster deliveries. Did you know 67% of shoppers say same-day delivery influences their purchase decisions during peak sales? For businesses, that’s the difference between "order complete" or "order abandoned". A same-day option is becoming a must-have s make sure your business opens an account with Legacy. We'll Get It There. #BlackFriday #Retail #CustoemrDemand #SameDayDelivery #BlackFridayRush #SameDayDelivery #CustomerFirst Would you like adjustments or additional angles to explore?

[Media 📣] Black Friday has once again proven why it's the biggest week in ecommerce–Platform.sh ecommerce customer traffic soaring: ⚡️ 65% surge in site traffic compared to regular Fridays in 2024. ⚡️ 14% growth in Black Friday traffic vs. 2023. ⚡️ Platform.sh ecommerce customers rose to the occasion, deploying 13% more updates to keep up with demand. It’s not just Black Friday—Cyber Monday traffic was up 39% compared to a regular Monday, and the first week of December saw 11 million+ visits. 🎯 Discover what these stats mean for the future of online shopping—read our full 2024 report here 👉 https://brnw.ch/21wPuT0 #ecommerce #blackfriday #onlineretail #retail #magento #insights

It’s 𝐁𝐥𝐚𝐜𝐤 𝐅𝐫𝐢𝐝𝐚𝐲, the shopping phenomenon that has people waking up at dawn, braving long queues, and scrambling to snag those unbeatable deals.  But have you ever wondered where the term comes from? The term originated in the USA—not for the sales frenzy but because it marked the day retailers 𝐦𝐨𝐯𝐞𝐝 𝐟𝐫𝐨𝐦 𝐭𝐡𝐞 “𝐫𝐞𝐝” (𝐥𝐨𝐬𝐬𝐞𝐬) 𝐭𝐨 𝐭𝐡𝐞 “𝐁𝐋𝐀𝐂𝐊” (𝐩𝐫𝐨𝐟𝐢𝐭𝐬) on their balance sheets. It was the first time in the year cumulative profits outweighed losses. Over time, 𝐁𝐥𝐚𝐜𝐤 𝐅𝐫𝐢𝐝𝐚𝐲 evolved into a retail spectacle, with early store openings, huge discounts, and even snacks for eager shoppers. In 2005, 𝐂𝐲𝐛𝐞𝐫 𝐌𝐨𝐧𝐝𝐚𝐲 joined the party, giving online retailers their own big sales day—and it’s been a hit ever since. 𝐖𝐡𝐚𝐭 𝐝𝐨𝐞𝐬 𝐢𝐭 𝐦𝐞𝐚𝐧 𝐭𝐨𝐝𝐚𝐲? Black Friday and Cyber Monday are no longer just about US retailers hitting their profit goals. They’re now global phenomena, generating billions in sales and offering shoppers worldwide an opportunity to grab incredible deals. So, whether you’re braving the crowds in stores or adding items to your cart online, make the most of this shopping extravaganza. 𝐑𝐞𝐦𝐞𝐦𝐛𝐞𝐫: the best deals don’t last long, so shop smart and snag those savings! 🔍Question for you: Did you score any amazing Black Friday deals today? Drop your finds below—we’d love to hear about them! #BlackFriday2024 #RetailHistory #CyberMonday #ShopSmart