Wednesday in CE: Black Friday/Cyber Monday 2017 Could Be Historic
We’ve talked about the possibility of this year being a massive, historic holiday shopping weekend in the context of National Retail Federation data. But they’re supposed to be optimistic about all things retail, right? Heck, we even talked about the Consumer Technology Association’s pre-Black Friday survey, but even they are supposed to be optimistic about all things consumer tech, right?
So let’s turn, then, to a third-party source of information to get their take on what the Black Friday/Cyber Monday holiday shopping weekend could look like.
Fung Global Retail & Tech, a source of online retail data, cited research from Adobe that predicts we’re looking at a $20 billion weekend for online sales—the first time in the history of online shopping that that could happen. Additionally, Adobe projects around $107.4 billion in online sales over the course of the entire holiday season, which would represent a 13.8 percent increase over last year ($94.4 billion).
“What is interesting, though, is that consumers are shopping both earlier and later than they used to and that online spending over both the Thanksgiving weekend and the holiday period overall is not growing as fast as aggregate e-commerce spending is,” the firm said on its website. “At the same time, mobile shopping has grown share, and Adobe projects that mobile devices will be the starting point for more than half of shoppers’ visits to retail websites this holiday season.”
Expect the data from this weekend to all in at a breakneck speed. We’ll be on the lookout, sifting through it all to try to find some of the key takeaways for you.
— Digital Trends (@DigitalTrends) November 21, 2017
Elon Musk has designs on making the everyday commuter and turning them into everyday astronauts. Through his BFR—Big Falcon Rocket—the Tesla founder want to make it possible to travel anywhere around the planet in roughly an hour. He wants to do that by applying similar technology found in his SpaceX Falcon rockets, though The Who tech package required doesn’t yet exist.
Of course, plenty of questions around safety, the ability for a normal human body to take on those kids of G-forces, and ticket price. But, hey, every kid can dream, right?
More CE News
- Robots and AI appear to be the next tech wave for retailers to help drive foot traffic.
- Research by Apple computer scientists that dives into how self-driving cars can better spot pedestrians and cyclists appears to be the first publicly disclosed mention of any Apple-related self-driving car technology.
- This wearable can turn your fingers into a bluetooth keyboard.