Hey there reader, how’s your weekend? How was that day with your family? Terrible? Funny? Terribly funny, maybe? If you’re a person, with or without money, chances are you bought something on Black Friday. Either that or you bought it on Cyber Monday. Maybe that smartphone you really wanted to buy or that tv just because it was a great promotion. Whatever you did, check this out.
86% of Americans were expected to spend their money on pre-christmas sales such as Black Friday, Cyber Monday and Singles Day. Damn.
While in 2018, Gen X were the number one spenders, this year the winner was….. Baby Boomers, with a whopping average of $626.35 spendings per person!
Although not a surprise, traffic in physical stores is declining and online shopping is going up. This year (2019), as early as Thanksgiving morning, Americans had already spent 2.1 billion dollars only from online stores. Afternoon that day, those numbers had already doubled up, 4.2 billion dollars.
Fun facts: In 2017, 40% of ALL Black Friday shopping were related to cell phones (imagine this year, then). One of the most discounted things people buy are travel-related items, with an average of 60% off.
All stats taken from https://muchneeded.com/black-friday-statistics/ , https://fashionunited.uk/news/business/black-friday-2019-first-sales-stats-revealed/2019112946442 and https://www.finder.com/black-friday-statistics
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