2023 Black Friday is forecasted to have a 20% increase in online spending 

October 21, 2023 by
Frank Calviño

According to a recent survey by Webloyalty, the 2023 Black Friday is forecasted to have a 20% increase in online spending. This year, the campaign kicks off on November 24. It culminates on November 27 with Cyber Monday. 

The Webloyalty forecast indicates that the average online ticket will reach €162 during these dates and that Millennials and Boomers will lead digital shopping on Black Friday. 

In fact, according to data from Webloyalty, the profile of shoppers aged between 35 and 54 years (46.2%) stands out during these dates. It is also very homogeneous regarding gender: women (51.2%) and men (48.8%).

The times of the day when the highest volume of purchases is registered during Black Week are usually in the early hours (9h to 11h) and the evenings at the end of the working day (18h to 20h).

Regarding the preferred device for shopping, the cell phone is positioned as the favorite for 61.7% of buyers, above the computer, used in 36.6% of cases, or the tablet to which only 1.7% of buyers resort.

Adobe predicts up to 35% discounts in the USA

According to a Reuters report, Adobe said the holiday season would see heavy discounts this year, especially in the toys, sporting goods, and furniture categories, with markdowns peaking at 35%.

Last month, Mastercard's (MA.N)SpendingPulse report forecast a 6.7% rise in online sales during the holiday season.

Retailers such as Walmart (WMT.N), Target (TGT.N), and Macy's (M.N) prepare months in advance for the all-important season as it brings in nearly a third of the industry's annual revenue in a good year.

Manifest Vegas 2027 Unveils Initial Agenda with Over 175 Sessions and 400 Speakers
Manifest Vegas 2027 will bring together global supply chain executives, technology innovators, investors, and logistics leaders to explore AI, automation, trade uncertainty, and the future of end-to-end supply chain operations....
October 27, 2026
Azoma Raises $11.2 Million to Expand AI Shopping Agent Optimization for Global Brands
Azoma, a London- and Toronto-based technology company specializing in Agentic Commerce Optimization (ACO), has secured $11.2 million in Series A funding to expand its artificial intelligence platform and help global...
October 23, 2026
EU low-value E-commerce Imports Hit 5.9 billion
The European Union received almost 5.9 billion low-value imported items in 2025, up 26% from the previous year and more than four times the volume recorded in 2022, according to...
October 19, 2026
Top crossmenu

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close