The results: US online shoppers spent $9.1 billion on October 7 and 8, the date of Amazon’s Prime Big Deal Days and competing sales from Walmart, Target, and others, according to Adobe Analytics.
- That’s a 7.3% YoY increase, with those two days alone capturing 10.3% of October’s total ecommerce sales, clear evidence that major promotional events remain a powerful lever for stimulating discretionary spending.
- Overall, October online sales rose 8.2% YoY to $88.7 billion, fueled in part by social media’s growing influence; sales from social platforms surged 28%, while purchases driven by influencers and affiliates climbed 15%.
Looking ahead: The stronger-than-expected results on October 7 and 8—7.3% growth versus Adobe’s 6.2% forecast prior to Amazon’s event—signal solid momentum heading into the final months of the year.
- The performance highlights a consistent theme throughout this year: consumer spending remains surprisingly resilient, though uneven across income…
https://www.emarketer.com/content/us-ecommerce-october-sales-rise-prime-big-deal-days-boost