Fueled by Discounts and BNPL, Online Holiday Sales Grow 4.9%

Jan 4, 2024 · Online holiday sales increased 4.9% YoY, reaching $222.1 billion for the period from Nov. 1 to Dec. 31, 2023, according to Adobe Analytics.November’s sales total of $123.5 …

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Fueled By Discounts And BNPL, Online Holiday Sales Grow 4.9%

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Jan 4, 2024 · Online holiday sales increased 4.9% YoY, reaching $222.1 billion for the period from Nov. 1 to Dec. 31, 2023, according to Adobe Analytics.November’s sales total of $123.5 …

retailtouchpoints.com

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The Supply Side: Holiday Sales Exceed Expectations, Fueled By …

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Dec 17, 2024 · Adobe also said 55% of online sales came through a mobile device, representing $5.9 billion in spending, up 12.1% from a year ago. The buy now, pay later (BNPL) purchases …

talkbusiness.net

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BNPL Boom Boosting Holiday Spending - The Food Institute

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Dec 10, 2024 · Adobe reported online BNPL purchases through companies like PayPal, Affirm and Klarna gained 14.3% from 2022 to 2023 to $75 billion. The total is expected to grow to …

foodinstitute.com

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US Online Holiday Spending Up 5% On Steep Discounts, BNPL …

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Jan 4, 2024 · Online spending by U.S. shoppers rose 4.9% during the 2023 holiday season, an Adobe Analytics report showed on Thursday, as intense promotions on items such as …

yahoo.com

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BNPL To Drive $17B In Online Holiday Spending: Adobe

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Oct 6, 2023 · Following other projections of sales spikes, Adobe Analytics predicts this year’s online holiday sales between Nov. 1 and Dec. 31 will reach $221.8 billion, a 4.8% bump from …

paymentsdive.com

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Holiday Shoppers Spent $16.6B Online Using BNPL: Report

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Jan 4, 2024 · The following month, shoppers drove a 3.7% year-over-year bump in online spending to $98.6 billion, according to Adobe. While the overall holiday season drove growth …

paymentsdive.com

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US Online Holiday Spending Jumps 5% Steep Discounts And BNPL …

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In a significant boost for e-commerce, U.S. shoppers witnessed a 4.9% surge in online spending during the 2023 holiday season,

vousmag.com

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US Online Holiday Spending Up 5% On Steep Discounts, BNPL …

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Jan 4, 2024 · About 56% of the total online spending was in November, when shoppers took advantage of hefty discounts during the Cyber Week to make purchases, according to Adobe. …

marketscreener.com

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Alternative Payments, Including BNPL, Fuel Holiday Sales

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Dec 9, 2024 · The BNPL figures show an increase over last year’s record=breaking numbers. So far during the holiday season, BNPL spending has reached $18.6 billion, up from $16.6 billion …

paymentsjournal.com

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Online Sales Drove A Strong Start To The Holiday Shopping Season

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Dec 3, 2024 · This fueled a nearly 15% hike in online spending on Black Friday, totaling $10.8 billion in e-commerce sales, Adobe said. Americans spent another $10.9 billion over the …

investopedia.com

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Holiday Buy Now, Pay Later Payments To Rise Alongside …

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Sep 25, 2024 · U.S. shoppers are expected to spend a record $18.5 billion using third-party buy now, pay later (BNPL) services for holiday purchases in the last quarter of the year, according to projections by ...

inc.com

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Buy Now Pay Later For Holiday Shopping? Why The Surge Is …

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Oct 5, 2023 · BNPL is expected to generate $17 billion in online holiday spending this year, up $2.5 billion, or nearly 17%, from last year, according to Adobe Analytics’ examination of …

usatoday.com

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Buy Now, Pay Later: The New Holiday Shopping Trend

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Nov 14, 2024 · This surge indicates that BNPL will account for about 7.7% of holiday spending. Broader Economic Trends. Overall, online retail spending is forecasted to reach a staggering …

thecommerceshop.com

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BNPL Is Shining This Holiday Season. Here’s How Retailers Should …

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Dec 11, 2024 · While US BNPL user growth is in the single digits for all other generations, Gen Z BNPL use will increase by 12.4% next year, per our forecast, as young people look to increase …

emarketer.com

FAQs about Fueled by Discounts and BNPL, Online Holiday Sales Grow 4.9% Coupon?

Does Buy Now Pay Later fuel holiday spending?

Buy now, pay later also fueled holiday spending, contributing $16.6 billion in online spend — an all-time high, according to Adobe data, and $2.1 billion more than in the previous holiday season, a 14% YoY increase. ...

How much did BNPL sales increase in November 2023?

Throughout November, buy now, pay later transactions increased 17.5% from 2022 to $9.2 billion, making it the biggest month on record for the payment method. The rise in 2023 BNPL sales signals a continuing trend of consumers turning to the installment payment method to finance their holiday purchases. ...

What is BNPL & why is it so popular?

The ‘Buy Now Pay Later’ (BNPL) usage during the holiday shopping period hit an all-time high, contributing $16.6 billion in online spend, up 14 percent YoY and $2.1 billion more than during the same period in 2022. ...