ORACLE
Salesforce digital shopping spending holiday [shutterstock: 1074373283, William Potter]
[shutterstock: 1074373283, William Potter]
E-Commerce Press Release

Salesforce Reveals 2019 Holiday Digital Sales Grew To $723 Billion Globally

Salesforce released its 2019 Holiday Shopping Report, revealing the trends, data and insights brands and retailers need to prepare for the 2020 holiday shopping season.

Overall, Salesforce data shows an 8 percent increase in digital spend over the 2019 shopping season, with $723 billion in digital revenue worldwide.

Top Salesforce 2019 holiday shopping insights

For the report, Salesforce combined insights on the activities of hundreds of millions of global shoppers across more than 30 countries powered by Commerce Cloud, billions of consumer engagements powered by Marketing Cloud, and millions of customer service cases viewed in Service Cloud between November 1 and December 31, 2019. This season’s top retail highlights and trends include:

  • Brands push consumers to start holiday shopping early. With a later Thanksgiving and shortened holiday selling season, retailers made every day count pushing out discounts and promotions earlier than ever. Early marketing activity was a success in generating buzz the week leading up to Cyber Week with digital traffic growing 13 percent over the same period in 2018.
  • AI eliminates guesswork for shoppers. AI-powered search and product recommendations drove additional revenue for retailers this holiday season, as 10 percent of digital orders and 5 percent of digital revenue came from AI-powered recommendations.
  • Cyber Week 2019 broke records. Cyber Week 2019 was one for the record books, with global digital revenue growing 15 percent to $143 billion. Black Friday continued to be the number one global digital shopping day and in the U.S. it continued to pull revenue away from Cyber Monday. Across the globe, Thanksgiving Day emerged as a major shopping event with sales growing 24 percent year-over-year to $20 billion.
  • Early season buying frenzy leads to late season softness. Digital revenues fell 27 percent year-over-year during the week leading up to Christmas. This was likely due to a smoothing out of demand throughout the year – from shoppers buying gifts as early as the summer to take advantage of manufactured holidays or going into physical stores on the cusp of the shipping cutoff date to avoid hassles with delivery.
  • Retailers with click and collect win later in the season. Despite the softness in late season buying, retailers offering click and collect saw big gains as shoppers scrambled to complete their last minute holiday purchases. Retailers offering this capability on their ecommerce sites saw 56 percent more active digital shoppers in the last five days of the season.
  • Mobile reigns victorious. The year 2019 ended with mobile being the number one device driving digital traffic and orders. To put that into context, the decade began with mobile driving very little digital traffic or orders. This holiday season, peak days like Christmas saw up to 80 percent of digital traffic and 65 percent of digital orders come through a mobile device.

“Throughout the 2019 holiday shopping season, retailers saw success with mobile commerce, store pick up and personalization via artificial intelligence and social engagement, removing friction in the ways shoppers browsed and purchased,” said Rob Garf, VP, Industry Strategy for Retail, Salesforce. “Mobile certainly catered to people on the go this holiday season and in 2020 brands should be looking for ways to integrate this experience into physical stores for a true omnichannel shopping journey.”

ad_banner

Source:
Salesforce

About the author

E-3 Magazine

Articles published through E-3 Magazine International. This includes press releases by our partners as well as articles and reports from the E-3 team of journalists.

Add Comment

Click here to post a comment

Push

Subscribe to our Newsletter


PREMIUM PARTNER NEWSFEED

Titelbild
Titelbild
Our Authors
Anzeige
Do NOT follow this link or you will be banned from the site!