Cyber Monday Could be The Biggest Online Shopping Day Ever

According to Adobe Analytics, Cyber Monday is expected to pull in $6.6 billion in sales.

This figure would be a lot higher than the $5.6 billion that was generated a year ago and makes this year’s Cyber Monday headed for the biggest internet shopping day ever.

As of 10 a.m. EST on Monday, sales were at $840 million, up 16.9%.

The company also revealed that this year’s smart phone sales were doing a lot better with revenue jumping 41% over last year.

Last year shoppers spent $7.9 billion in total with Thanksgiving and Black Friday sales and a lot of it was done on their mobile devices.

Adobe’s data is measured by 80% of all online transactions from the top 100 U.S. retailers. For every $10 that is spent at the top 500 U.S. retailers, $7.50 of it is through the Adobe sales platform.

Sofia Vida

Sofia has been writing for major news outlets for over 15 years. In her spare time she enjoys hiking, walking her dogs, and going to concerts.

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