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The story behind the story

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Salesforce says online Cyber Monday sales grew 3% YoY to $49.7B globally and just 2% YoY to $12.8B in the US; Adobe says US online sales grew 7.3% YoY to $13.3B

The figures are now in for consumer spending on Cyber Monday, the third big online spending day — alongside Thanksgiving and Black Friday

TechCrunch Ingrid Lunden

Context & Ripple Effects

The Cyber Monday readings follow a holiday-weekend sequence in which both trackers recorded stronger year-over-year growth on Thanksgiving online sales and Black Friday online sales. The latest data therefore adds a final, slower-growth datapoint to the same shopping-period arc.

Adobe and Salesforce again publish materially different US totals and growth rates, as they did in their prior Black Friday measurements. The figures are best read as separate market indicators rather than interchangeable estimates.

First-order effects

  • Salesforce’s reported US and global Cyber Monday growth slows relative to its own Thanksgiving and Black Friday readings, while Adobe reports a higher US growth rate and sales total.
  • Retailers, brands, and investors using these trackers get different signals about the strength of the US online-shopping finish, depending on the measurement source.

Second-order effects

  • The divergence raises the value of retailers’ own transaction and conversion data over headline market estimates when assessing promotion performance and inventory needs.
  • Adobe and Salesforce have incentives to make their underlying coverage and methodology legible, because their holiday data can shape how customers benchmark ecommerce demand.

Third-order effects

  • If tracker results continue to diverge, holiday ecommerce measurement may become less useful as a single market scorecard and more useful as a set of directional indicators tied to each provider’s data footprint.
  • The broader shift is toward competing commerce-data platforms influencing retail planning, while the absence of a common benchmark limits clean comparisons across providers.

The trend: Holiday ecommerce is increasingly measured through competing platform datasets, making methodology and data coverage as consequential as the reported sales totals.

Discussion

  • r/economy r on reddit
    Actions speak louder than propaganda.  US consumers spent over 10%+ more on Black friday this year compared to 2023. …