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Chronicles

The story behind the story

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Adobe: US online Black Friday sales hit $9.8B, up 7.5% YoY; Salesforce, which uses different metrics, says online sales hit $16.4B in the US and $70.9B globally

A rush of deep discounts and the growth of flexible payment options were the drivers behind $9.8 billion in online sales …

TechCrunch Ingrid Lunden

Context & Ripple Effects

Adobe’s $9.8B estimate extends a longer expansion in digital holiday shopping from Adobe’s 2017 $5.03B Black Friday reading, while the earlier coverage also documented mobile’s growing role in visits and purchases.

The immediate story is as much about measurement as demand: Adobe and Salesforce both report strong results but use different methodologies. Later coverage continued to present their Black Friday and Cyber Monday figures side by side, including the following year’s Black Friday estimates.

First-order effects

  • Retailers receive a strong early signal that discounting and flexible payment options are converting online holiday demand, supporting continued promotional activity through the shopping weekend.
  • Adobe and Salesforce become competing reference points for retailers and investors, but their differing metrics make their reported US totals non-interchangeable.

Second-order effects

  • Merchants and commerce-platform customers will need to judge campaign performance against their own transaction data rather than treat either aggregate estimate as a definitive market total.
  • Sustained discount-led growth raises the importance of price realization: higher online sales need not translate directly into stronger unit economics if promotions or payment costs deepen.

Third-order effects

  • If these annual readings continue to diverge, ecommerce analytics providers’ methodology and merchant-data coverage will become a more consequential competitive differentiator.
  • Holiday ecommerce may increasingly be managed as a multiday promotional cycle rather than a single Black Friday event, with subsequent Cyber Monday reporting reinforcing the value of measuring demand across the full period.

The trend: Holiday ecommerce is becoming both a larger promotional channel and a contest over whose commerce data best defines market performance.

Discussion

  • @retailrobgarf Rob Garf on x
    Digital spending is up big time! 📷 #BlackFriday online sales soared +8% globally and +9% in the US. Don't miss out on our #HolidayFlashStats and follow along at @Salesforce's Shopping Insights HQ powered by @Tableau: https://sforce.co/... [image]
  • @tobi Tobi Lutke on x
    Nerd BFCM stats: Shopify's egress processed 145 billion requests on Friday. App servers handled peak of ~60 million requests per minute. Increase of 38%. Total GMV was $4.1b, up by 22% from last year. But Rails doesn't scale so what are we even doing 🤷‍♂️
  • @chairmannatto @chairmannatto on x
    The season's holiday shopping results are coming in https://business.adobe.com/... [image]
  • @web3qn @web3qn on x
    Adobe has a pretty good near real time retail spend tracker. They're forecasting online spend up ~5% yoy this holiday season, and expecting mobile share of spend to be 51%, overtaking desktop for the first time. Eagerly refreshing to see how BF did. https://business.adobe.com/...…
  • @glenngabe Glenn Gabe on x
    And now Black Friday numbers -> Black Friday online buying hits a record $9.8B in the US, $70.9B globally “Smartphones accounted for $5.3 billion of sales on the day, up a whopping 10.4% on 2022 and representing 54% of all online sales.” https://techcrunch.com/...