This year’s shorter holiday selling season (27 days between Thanksgiving and Christmas), coupled with extended retail sales promotions, resulted in a slightly softer turnout for Black Friday Cyber Monday (BFCM) weekend. An estimated 197 million people shopped online and in-store for BFCM. However, this figure still exceeds the National Retail Federation’s (NRF) earlier forecast of…
Statistics
2024 Cyber Monday Statistics & Results
Cyber Monday 2024 saw record-breaking holiday spending of $13.3 billion, a 7.7% year-over-year increase from 2023.
Known as the ecommerce counterpart to Black Friday, 2024’s Cyber Monday saw tremendous success and growth. Below, I share notable Cyber Monday statistics, covering everything from trends to sales numbers and fun facts. But before I delve in, here is a look at some of the key takeaways from 2024’s Cyber Monday numbers. Cyber Monday…
19 Eye-opening Coffee Statistics for Startups
Business owners looking to start in the coffee industry will be happy to hear that it is thriving. That said, it’s still important to have a solid understanding of the market to ensure your success. I’ve researched the industry and compiled a list of 19 coffee statistics that provide insight into various aspects of the…
12 Employer Branding Statistics in 2024
Employer brand is the reputation and image a company has as an employer. It encompasses the organization’s values, culture, and employee experience. A strong employer brand helps attract and retain top talent by showcasing what makes the company a great place to work. Beyond recruitment, it can positively impact customer perception, employee engagement, and overall…
2024 Salary Trends Business Owners Should Know
Understanding salary trends is crucial for both job seekers and employers navigating a dynamic labor market. This article explores the key factors driving wage changes, including inflation and industry demands. Staying informed of these 2024 compensation trends can help you make strategic career or business decisions this year. US Salary Trends 1. Actual salary increase…
24 Sales Follow-up Statistics & Takeaways to Drive Revenue
Reps could be missing out on 76% of qualified leads by not doing any follow-up activity. See what other data is saying with these sales follow-up statistics.
Following up with leads after an initial conversation, cold email attempt, or product demo is essential to move them to the bottom of the sales funnel and, ultimately, close deals. It enables you to determine if the prospect is ready to make a purchase or needs a little push to make a buying decision. One…
2025 Recruiting Trends: What HR Teams Need to Know
New recruiting trends are always emerging and bringing significant transformation to the world of work. The dynamics of the job market, technology, and societal changes are shaping the way organizations attract, select, and retain talent. Human Resources (HR) teams play a pivotal role in adapting to these changes and staying ahead in the competitive world…
30 Buy Online, Pick Up In-store (BOPIS) Statistics
Buy online, pick up in-store (BOPIS), also known as click and collect, is a hybrid ecommerce model that allows customers to order an item online and pick it up in person at the store or curbside. It merges the convenience of online shopping and the efficiency of bringing the product home the same day. Let’s…