Collectively! These two shopping holidays are known by Statistics Worth the acronym. “BFCM” — and they present a wealth of potential for any ecommerce. Business looking to attract new customers and take full advantage of the holiday shopping season.
In this article! We will explore the history of BFCM and BFCM sales statistics in addition to covering a collection of helpful tips and strategies that you can use to ensure that BFCM 2021 is a smashing success for your ecommerce store.
Black Friday and Cyber Monday Statistics Worth
>>>>>>>>>The day after Thanksgiving has always been consider the start of the holiday shopping season for many since the late 19th century. Retailers had Thanksgiving Day parades, which would invite shoppers to start purchasing goods for Christmas.
Since Thanksgiving was set to take place on the fourth accurate mobile phone number list Thursday of November, the day after that became known as “Black Friday,” as it was known to be a day of shopping chaos and traffic congestion. Later, it came to refer to how many retailers make most of their money during the holiday shopping season, moving from the “r” (operating at a loss) to the “black” (making a profit). Over time, the trend took off and evolv into the popular shopping holiday we know today, with retailers offering significant sales to draw bigger and bigger crowds.
Cyber Monday follow much later in 2005 after the term was coin by Ellen Davis of the National Retail Feration bas on 2004 research that show the Monday following Thanksgiving to be one of the biggest online shopping days of the year. Today, it’s an event largely associat with ecommerce giant Amazon, though ecommerce stores across the internet take part in the holiday.
BFCM Trends for 2021 and
>>>>>>>>>Over the years, Black Friday and Cyber Monday social networks & social ads 5 common mistakes on twitter and how to avoid them have combin to become a massive global event. Last year alone, roughly 186 million U.S. shoppers purchas products on BFCM, spending an average of $311.75 each.
These numbers become all the more impressive! Because b2b reviews 2020 BFCM sales saw a dip compar to previous years. Largely due to the COVID-19 pandemic.