In 2008, in the midst of the economic downturn, the online channel proved more than resilient on this weekend. In fact, according to comScore, the Black Friday weekend saw substantial growth year-over-year in e-commerce sales - 6% growth on Thanksgiving, 1% on Black Friday, 19% on Saturday and Sunday.
With that, is Black Friday weekend becoming the new Cyber Monday? With the substantial e-commerce growth throughout these days and conversion rates on Black Friday rising above those on Cyber Monday in 2008, it's looking like that weekend may be bigger than ever online. Consumers are headed to the web not only to research deals and product information before heading to the stores bright and early, they are also making that special purchase for their loved ones.
Be sure you're not underestimating these in-market online shoppers.
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