Black Friday Shopping Trends: Online vs. In-Store Consumer Behavior
CBS NewsNovember 28, 20253 min40,829 views
10 connectionsΒ·18 entities in this videoβBlack Friday Shopping Trends
- ποΈ Despite the tradition of Black Friday shopping, the American Dream Mall experienced a relatively quiet morning with few long lines and ample parking.
- π‘ This slower in-store start may be attributed to consumers taking advantage of cyber week deals, with a record $6.4 billion spent online on Thanksgiving.
- π Online spending on Thanksgiving Day saw a 5% increase compared to the previous year, indicating a shift towards online shopping convenience.
Expert Shopping Advice
- π― Retail experts advise shoppers to look for deals on appliances and TVs for Black Friday, and clothing and beauty items for Cyber Monday.
- π³ They also recommend utilizing loyalty programs and credit cards, with the caveat to pay balances off in full.
- π A key piece of advice is to do your research, make lists, and be informed about prices and products before shopping.
Retailer Strategies
- πͺ Some retailers, like Kohl's and J.C. Penney, brought back doorbuster deals and opened doors early at 5 a.m.
- π Stores such as Target offered welcome gifts and prizes to encourage in-store foot traffic.
- π The ultimate success of the Black Friday weekend for retailers will be determined by the final sales data.
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Whatβs Discussed
Black FridayCyber MondayThanksgivingHoliday SpendingOnline ShoppingIn-Store ShoppingRetail TrendsConsumer BehaviorDeals and DiscountsCyber WeekAmerican Dream MallAdobe Analytics
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PeopleΒ· 2
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