Online sales will top $189 billion this holiday season, reflecting 33% growth YoY, Adobe Analytics predicts.
Revenue could even hit $200 billion, or 47% more, if consumers receive stimulus checks and more stores shut down.
And
sales will be spread out — in effect, Cyber Week will become Cyber Month, Adobe says.
It all sounds good. But this is the most volatile year in
the eight-year history of this report, Adobe warns. Among the complications:
- The COVID-19 pandemic
- State-by-state store shutdowns and re-openings
- The
election
- The unemployment rate
- Economic stimulus checks or the lack thereof
What’s more, return rates could be driven up due
to postal delays caused by to an overwhelmed system.
Still, signs point to strong digital sales, especially in the Northeast. Overall online sales will
hit more than $2 billion per day in the November 1-23 time frame, and $3 million per day November 22-December.
Black Friday sales will total $10 billion,
a 39% hike over last year, and Cyber Monday will bring in $12.7 billion for a 35% increase.
Growth is predicted to slow 11% on the day after the election.
The entire week will contribute $16.3 in online sales.
Many shoppers will be new to digital. Of all consumers, 31% rarely shopped online prior to
April of this year, and 9% were totally new to online buying.
Brands that lack strong email marketing programs -- both promotional and transactional --
will lose out in this mad rush. ·
Predictably, 50% of all orders placed in the December 21-23 time frame will be at stores that offer
buy online/pick up in-store (BOPIS) including curbside pickup.
At the same time, 42% of shopping will be done via smartphone, pointing to dollar growth
of 55%, or $28.1 billion.
For this research, Adobe analyzed over one trillion visits to U.S. retail sites. It also examined 100 million SKUs from 80 of
the 100 largest U.S. retailers.
Want to get ready for this surge? Here are some email marketing tips from a recent blog post by Will Boyd, senior
email delivery consultant at Twilio SendGrid:
- Email communications should look different this year — For one thing, people face challenges with their
jobs and finances. Remember this when determining your offers and tone.
- Understand what you can and can’t control — For instance, journey-driven email series are more
effective — and more predictable — than batch-and-blast offers.
- Warm up your volume and be early to the holiday party — Increase your volume well before Black Friday/Cyber
Monday. Delivery problems could ensure if mailbox providers see sudden spikes.
- Create your calendar and and add plenty of breaks — Take a day or two off each week to rest
your reputation.
- Forget naughty vs. nice…make a list of nice & nicest!—You could face heavy filtering of your messages to spam. Pick the people who are
most engaged and use them as a segment — and give them some special perks.