We compiled these trends from over 100 brands, comparing year-over-year data for Cyber Week, including Black Friday and Cyber Monday.
Black Friday / Cyber Monday Online Trends
- Overall web traffic was up over 8%, with large increases in traffic from mobile devices.
- 79% of Cyber Week traffic was from a mobile device.
- Orders exceeded 2023, with E-commerce sales outpacing retail sales during Cyber Week. Store traffic was reported to be down for many brands.
- Brands continue to be promotional, with many starting sales as early as October. However, Black Friday remains a key retail holiday.
- Salesforce reported Black Friday sales experienced 7% growth compared to the previous year, while Cyber Monday saw 2% increase.
Marketing KPIs: Cyber Week 2024 Trends by Industry
Apparel Industry
- Apparel / Fashion brands saw sessions increase over 10% compared to Cyber Week last year.
- While sessions surged, order volume showed only modest growth.
- Average Order Values (AOVs) saw a dip compared to the previous year. This decline was likely driven by heavy discounts and a shift toward purchasing lower-priced items.
- Many Apparel brands were significantly off price with an average discount rate of 37% according to Salesforce.
Home Brands
- Sessions and orders were up for home, most notably furniture brands.
- Shoppers spent significantly more per order, driving higher year-over-year (YoY) demand.
- Sales for many home brands were up on Black Friday but lower compared to Cyber Monday last year.
- Brands offering exclusive bundles or discounts on premium items experienced higher engagement than those relying solely on blanket percentage-off deals.
Outdoor Brands
- Outdoor brands saw traffic and AOVs down YoY this Black Friday / Cyber Monday
- Hardgoods and equipment companies faced greater challenges than brands focused on outdoor apparel.
- After several years of strong growth during and after COVID. Demand is down compared to last year.
- Outdoor was not as promotional as verticals. 44% of transactions included a promotion offer, with an average discount of 18% based on Salesforce data.
Specialty Retailers
- Specialty brands saw a modest decline in sessions.
- Conversion rates were nearly flat, however AOVs were down compared to 2023.
- With an increasingly promotional Black Friday / Cyber Monday, many Specialty Brands faced compressed margins.
- Salesforce reported more than half of transactions were included a promotional offer.