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2014 Holiday Shopping Continues Trend Towards Ecommerce, Mobile Shopping and Mobile Payments

BBM / 02.26.15 / Matthew Talbot

GettyImages_453309737For Christmas shoppers, the years of spending December weekends desperately wandering through crowds in malls and merchant districts might be coming to a close.

In the last 10-15 years, holiday shopping has been going through a transition: from in-store purchasing to ecommerce, and within ecommerce, from desktop to mobile. More people are shopping from home, work, or for Americans, on the sly under the table at Thanksgiving dinner.

The 2014 shopping season confirmed the trend. Black Friday used to be the biggest shopping day of the year, but it’s been replaced by Cyber Monday. This year, in-store traffic and sales on Black Friday both fell. And mobile sales are up. Here’s a great chart from IBM Digital Analytics that clearly shows the increase over the last three years.

Cyber Monday 2014 was the biggest online shopping day of the season, with over $2 billion in desktop online sales. It was also the biggest US online spending day in history. Mobile sales accounted for 22% of the total, an increase of 27.6% over 2013. For the entire weekend, PayPal reported a 47% increase in global mobile payment volume.

All told, online desktop sales in the US topped out at $53 billion, up 15% over 2013. Mobile sales accounted for 22% of all online sales, up 27% over 2013.

Next year, I believe messaging apps will start to play a bigger role. Brands are increasingly engaging with consumers in BBM Channels and seeing fantastic results (as Qoo10 has), as well as advertising in BBM. Apps and mobile platforms are offering more one-click purchase options, as social and commerce continue to converge.

Get the full roundup of all the numbers on my LinkedIn post.

 



Matthew Talbot

About Matthew Talbot

I am the Senior Vice President - Emerging Solutions at BlackBerry. I have extensive International Management, Sales and Marketing background in Mobility and Cloud technologies, Financial Services, Telecommunications, and Content in both a “Start-Up” and Public company environment. This includes stints as a senior executive at SAP, Sybase, Mobile 365 and others.