SAN MATEO, Calif., Nov. 29, 2016
SAN MATEO, Calif., Nov. 29, 2016 /PRNewswire/ -- Rakuten Marketing, a leading technology company that that enables brands to increase sales through data-driven marketing, today reported 36 percent increase in Cyber Monday retail revenue, year over year, and revealed Cyber Week highlights that are defining consumer behavior during the busiest retail shopping week of the year.
According to Rakuten Marketing data, Cyber Monday was the highest online revenue-earning day for retailers during Cyber Week, outperforming Black Friday by 45 percent. Mobile accounted for 41 percent of retail site traffic, with peak mobile activity on Thanksgiving Day. Cyber Week is also expanding, according to Rakuten Marketing data, which shows substantial year-over-year revenue growth of 37 percent on 'Thanksgiving Eve.'
The results from Cyber Week show the complexity of the consumer journey and need for cross-device measurement and attribution as shoppers increasingly mix offline with online across mobile and desktop devices. Gaining insight into evolving consumer behavior allows advertisers to better anticipate and address changes, such as the delayed peak in Black Friday online sales from 12:00 a.m. in 2015 to 2:00 p.m. in 2016.
Other Rakuten Marketing retail data highlights include:
- Mobile sales accounted for 14 percent of retail purchases during Cyber Week, and consumers spent 31 percent more per mobile purchase than in 2015.
- Cyber Monday average order values were slightly higher than in 2015, and 11 percent higher than a typical week in 2016.
- Click-through rates peaked between 12-2 a.m. ET on Thanksgiving Day, as big-box retailers and department stores released Thanksgiving Day sales.
"Consumers are starting their holiday shopping earlier every year, creating a larger window for retailers to connect shoppers with the products and deals they want," said Tony Zito, CEO, Rakuten Marketing. "With the expansion of Cyber Week and the increase in mobile shopping, we're seeing that consumers are exploring their options and are ready to act on a deal as soon as it's available. We expect we'll continue to see a direct impact from this increasing trend of deal-readiness in 2017."
All Cyber Week insights were pulled from same-store clients running display campaigns spanning 33 verticals.
To see Rakuten Marketing's Black Friday Insights, visit: RakutenMarketing.com.
About Rakuten Marketing
Rakuten Marketing's industry leading solutions empower marketers to thrive in their evolved role and achieve the full potential of digital marketing, efficiently and effectively, with data-informed insights that create consistent, engaging and influential experiences across screens. Offering an integrated solution, along with unique insights and consultative partnerships, Rakuten Marketing delivers the tools that marketers need to increase efficiency, productivity and performance. Rakuten Marketing is a division of Rakuten Inc. (4755: TOKYO), one of the world's leading Internet service companies. The company is headquartered in San Mateo, California, with offices in Australia, Brazil, Japan, the United Kingdom, and throughout the United States. Follow us on Twitter or learn more at http://rakutenmarketing.com.
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SOURCE Rakuten Marketing