KHD Buzz – Cyber Monday Was a Record Breaker, Chuck Schumer Takes on the Grinch Bots, OmniChannel Scores Big and More
US Cyber Monday Sales Hit an All-Time High
According to a new report from Adobe Analytics, this year’s Cyber Monday sales figures hit $7.9 billion, a record for any online shopping day in US history and up by nearly 20% over last year’s $6.6 billion in sales. Read More
Report: OmniChannel Retail Dominated the 2018 Thanksgiving Shopping Weekend
According to a new report from the National Retail Federation, the number of shoppers making purchases both in person and online reached 89.7 million, up nearly 40% from last year. Consumers shopping through multiple channels spent an average of $93 more than single-channel shoppers, signaling that those companies who have made large investments in omnichannel seem to have had the right idea. Read More
Chuck Schumer Battles the ‘Grinch Bots’ Trying to Steal Christmas
Senator Chuck Schumer is used to taking on tough foes, especially over the past few years, but his latest is somewhat unusual even for him. He has launched a major push to pass The Stopping Grinch Bots Act of 2018. Schumer said that the same cyber scalpers responsible for instantly vacuuming up tickets to major concerts -have migrated to in-demand holiday toys, scooping up popular holiday gifts from dolls to gaming equipment for resale on other websites at outrageous prices. Read More
Infographic: Consumer Buying Behavior in the Digital Age
Analyzing consumer behavior is perhaps more important than ever, especially for online retailers. This infographic takes a fascinating look at some of the most common ways buyers are behaving right now as shopping becomes increasingly digitized.
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