Mobile Estimated To Account For 29% Of Holiday Sales

The online holiday shopping season is a bonanza for retailers.

According to Matt Asay, Adobe Marketing Cloud’s vice president, mobile, although the mobile shopping experience still isn’t all that great, consumers will be spending a lot more time on their phones this holiday season. “The data suggests we are in the middle of a profound and irrevocable shift toward mobile,” he says.

His company estimates that the online holiday shopping season will reach $83 billion, an increase of 11%.

That shift -- coupled with general dissatisfaction with the mobile experience -- may be why he predicts that mobile will surpass desktop visits, but only account for 29% of sales.

Based on customer surveys, more shoppers are turning to mobile to buy things, but they still find the experience stressful.

advertisement

advertisement

The holiday shopping season, formerly centered around Black Friday — which is expected to hit a record $2.7 billion in sales — has in recent years expanded to include Cyber Monday ($3 billion in sales expected) and even Thanksgiving day ($1.6 billion expected sales).

Mobile is expected to account for about one-third of those sales. Most of the mobile sales will be driven by iOS devices (22%), with Android users not being as likely to spend money directly from their phones (7%).

Adobe’s marketing cloud measures about 80% of all online transactions, and $7.50 of every $10 spent online goes through their system.

Asay says the biggest thing retailers need to take into account is the convenience of their mobile experience. Seventy-one percent  of heavy mobile users said convenience was the most important aspect of the mobile retail experience.

Next story loading loading..