{"id":50331,"date":"2013-12-02T08:06:00","date_gmt":"2013-12-02T06:06:00","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=50331"},"modified":"2013-12-02T08:07:38","modified_gmt":"2013-12-02T06:07:38","slug":"online-wins-black-friday","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/internet\/50331\/online-wins-black-friday\/","title":{"rendered":"Online wins Black Friday"},"content":{"rendered":"<p>More Americans took advantage of early holiday season sales than last year, but they spent less &#8212; and online sales fared better than brick-and-mortar stores, a survey showed Sunday.<\/p>\n<p>About 141 million people, or 59 percent of the adult American population, shopped or intended to shop for so-called Black Friday deals from Thursday morning when the Thanksgiving holiday began through late Sunday, according to the National Retail Federation.<\/p>\n<p>Stores that opened their doors on Thursday &#8212; a new trend to lure consumers even on the sacrosanct Thanksgiving family holiday itself &#8211;attracted 45 million people, a 27 percent increase over last year.<\/p>\n<p>The survey, conducted for the NRF by Prosper Insights &amp; Analytics, surveyed 4,464 adults on Friday and Saturday, with a 1.5 percent margin of error.<\/p>\n<p>But customers came in even bigger numbers for the steep discounts available on so-called Black Friday, considered the unofficial start of the holiday shopping season.<\/p>\n<p>The frenzy was such that tempers flared across the nation, with reports of fistfights, a stabbing and a shooting.<\/p>\n<p>In all, around 92 million people shopped in stores or online Friday, for a 3.5 percent increase from 2012.<\/p>\n<p>But they spent less on average ($407.02 per person from Thursday through Sunday) and their larger numbers failed to make up for the decreased spending, for the first time since 2009.<\/p>\n<p>This year&#8217;s Black Friday weekend spending reached $57.4 billion total, against $59.1 billion the year before, a 2.7 percent decrease.<\/p>\n<p>But the retail federation remained upbeat, with NRF president and CEO Matthew Shay declaring &#8220;cold weather, unique promotions and unbeatable prices put millions of Americans in the mood to shop for holiday gifts this weekend.&#8221;<\/p>\n<p>He predicted that in the days leading up to Christmas, &#8220;retailers will continue to aggressively promote their in-store and online offerings, looking to entice today&#8217;s very budget-conscious and value-focused shopper.&#8221;<\/p>\n<p>During a press conference, Shay stressed that the weekend of discounts was only one part of the shopping season.<\/p>\n<p>The NRF still expects an overall increase of 3.9 percent on all holiday shopping compared to last year, he said.<\/p>\n<p>This season&#8217;s holiday shopping season is six days &#8212; including one weekend &#8212; shorter than last year&#8217;s due to the late date of Thanksgiving.<\/p>\n<p>Despite opening on Thursday, closing late Friday and offering a bevy of appetizing deals, brick-and-mortar stores reaped less benefit from the sales than online merchant websites.<\/p>\n<p>The survey found that Americans spent an average of $177.67 each online, a three percent increase from last year. Online shopping also accounted for 43.7 percent of their purchases overall, against 40.7 percent in 2012.<\/p>\n<p>Internet analysts comScore got similar figures. It said Americans spent $1.2 billion online on Friday alone, the first time the shopping crossed over the billion-dollar mark, for a 15 percent increase year over year.<\/p>\n<p>&#8220;Clearly, many consumers prefer to avoid the crowds and lines typically associated with Black Friday by shopping from the comfort of their own homes, and we saw a record 66 million Americans do that this year,&#8221; said comScore chairman Gian Fulgoni.<\/p>\n<p>&#8220;Thanksgiving once again posted a well above average growth rate and is the fastest-growing online shopping day over the past five years, as more Americans opt for couch commerce following their Thanksgiving Day festivities.&#8221;<\/p>\n<p>But it&#8217;s not over yet. The weekend of &#8220;doorbuster&#8221; deals will be topped by &#8220;Cyber Monday,&#8221; with fresh online promotions set to reach new records.<\/p>\n<h3 class=\"my-4\">More on\u00a0 e-commerce<\/h3>\n<p><a title=\"Mr Price ready to launch online store\" href=\"http:\/\/businesstech.co.za\/news\/internet\/18662\/mr-price-ready-to-launch-online-store\/\"><strong>Mr Price ready to launch online store<\/strong><\/a><\/p>\n<p><a title=\"Pick n Pay online growth surges\" href=\"http:\/\/businesstech.co.za\/news\/internet\/48028\/pick-n-pay-online-growth-surges\/\"><strong>Pick n Pay online growth surges<\/strong><\/a><\/p>\n<p><a title=\"Woolworths targets more online shoppers\" href=\"http:\/\/businesstech.co.za\/news\/internet\/42868\/woolworths-targets-more-online-shoppers\/\"><b>Woolworths targets more online shoppers<\/b><\/a><\/p>\n<p><a title=\"BusinessTech Article\" href=\"http:\/\/businesstech.co.za\/news\/internet\/16442\/edcon-makes-e-commerce-play-through-cna\/\"><strong>CNA makes e-commerce play<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>More Americans took advantage of early holiday season sales than last year, but they spent less &#8212; and online sales fared better than brick-and-mortar stores, a survey showed Sunday.<\/p>\n","protected":false},"author":6,"featured_media":50223,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9882],"tags":[25,4688,2065,671],"class_list":["post-50331","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-internet","tag-active","tag-black-friday","tag-e-commerce","tag-online"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/50331","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=50331"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/50331\/revisions"}],"predecessor-version":[{"id":50333,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/50331\/revisions\/50333"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/50223"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=50331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=50331"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=50331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}