Hi. Yeah. Have you started shopping for the holidays yet? I know. Don't get on me just question. According to Adobe Analytics, we are expected to spend *** record $241 billion online shopping this year. They crunch transaction data from more than one trillion retail sites to determine what people are buying and better yet. Use that information to predict the best time to shop for deals. That's why we like it. Here's what they found. We'll start seeing discounts up to 18% starting on November 1st. Then we'll see peak discounts up to 30% starting the Friday before Thanksgiving, November 22nd through Cyber Monday, December 2nd. After that, we're still gonna see discounts up to 15% all through December. As for what we're buying. Adobe says we'll spend 55 billion on electronics, 44 billion on apparel and $28 billion on furniture and home goods. Full report my Rosson reports newsletter. I yay yay sign up for free at Rosson reports.com. Back to you
Rossen Reports: Best times to shop for holiday deals revealed
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Updated: 1:52 PM PDT Oct 30, 2024
The holiday shopping season is expected to hit a record $241 billion in online spending this year, according toAdobe Analytics.Analyzing data from over one trillion retail sites, Adobe predicts that shoppers will see discounts of up to 10% in late October.Discounts will increase to 18% starting Nov. 1.The best deals, with discounts of up to 30%, are expected from Nov. 22 through Cyber Monday, Dec. 2.Shoppers can still find discounts of up to 15% throughout December.Electronics, apparel, and home goods are among the top spending categories, with anticipated expenditures of $55 billion, $44 billion, and $28 billion, respectively.Have a question for Jeff Rossen? He’s answering your consumer questions every Friday in the new segment "Rossen Responds." Email your questions to him at RossenResponds@hearst.com. Want bonus content and exclusive deals? Make sure to sign up for our free newsletter atRossenReports.com.
The holiday shopping season is expected to hit a record $241 billion in online spending this year, according toAdobe Analytics.
Analyzing data from over one trillion retail sites, Adobe predicts that shoppers will see discounts of up to 10% in late October.
Discounts will increase to 18% starting Nov. 1.
The best deals, with discounts of up to 30%, are expected from Nov. 22 through Cyber Monday, Dec. 2.
Shoppers can still find discounts of up to 15% throughout December.
Electronics, apparel, and home goods are among the top spending categories, with anticipated expenditures of $55 billion, $44 billion, and $28 billion, respectively.
Have a question for Jeff Rossen? He’s answering your consumer questions every Friday in the new segment "Rossen Responds." Email your questions to him at RossenResponds@hearst.com. Want bonus content and exclusive deals? Make sure to sign up for our free newsletter atRossenReports.com.
