US online holiday sales are predicted to reach $221.8 billion this year, with a 4.8% YoY growth, according to Adobe. The report suggests that discounts will be at record levels, with the biggest deals expected in categories such as toys, electronics, and apparel. Additionally, the use of Buy Now, Pay Later (BNPL) payment methods is expected to increase, driving $17 billion in spending. Shopping on mobile devices is also predicted to surpass desktop, accounting for 51.2% of online spending. Cyber Monday is projected to be the biggest shopping day, with $12 billion in sales.
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These days during the holiday season in the US may see biggest discounts
US online holiday sales are predicted to reach $221.8 billion this year, with a 4.8% YoY growth, according to Adobe. The report suggests that discounts will be at record levels, with the biggest deals expected in categories such as toys, electronics, and apparel. Additionally, the use of Buy Now, Pay Later (BNPL) payment methods is expected to increase, driving $17 billion in spending. Shopping on mobile devices is also predicted to surpass desktop, accounting for 51.2% of online spending. Cyber Monday is projected to be the biggest shopping day, with $12 billion in sales.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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