In November’s edition of News and Views, we take a look at the upcoming festive spend predictions. Black Friday, Cyber Monday, Christmas and Thanksgiving are all within the next two months so now is the time to get ahead and start planning your festive campaigns and strategies.
Customer Growth Partners expects the consumer electronics category to experience growth of more than 4% this season. With such a competitive environment, customers will be hugely price sensitive – always on the lookout for the latest and best bargains. According to the CFI Group, between November 28 and December 1, nearly 30 percent of consumers spend more than 50% of their total festive budgets! This is a huge opportunity and one that affiliates should take full advantage of – keep up to date of all upcoming Super Weekends on our blog.
Sage Pay has forecast online spending to top £13 billion this Christmas, an equivalent of an 18% boost on last year’s spending. “With record online spending predicted for Christmas 2014, it’s never been more important for small businesses to be online,” said Simon Black, chief executive of Sage Pay.
Mobile traffic accounted for nearly 20% of all online traffic last cyber Monday, with tablets making up an additional 11.5% according to IBM. However, when it comes to making the sale, tablets drove a significantly higher percentage, driving 11.7% of all online sales, more than double that of smartphones (5.5%).
eBay Partner Network’s Hot Categories for the next two months will also be worth noting to make sure you’re publishing the most relevant and successful campaigns for you.
As always we welcome your comments and feedback.