Black Friday weekend in numbers

According to an article by Business Tech, online sales for Black Friday and Cyber Monday 2018 exceeded figures for 2017.

BankservAfrica provided Business Tech with the following figures on one of the biggest shopping days of the year:

• A total of 581 189 online transactions were processed over the weekend
• 404 594 online transactions were recorded on Black Friday
• The single most expensive transaction for Black Friday was over R6-million
• The single most expensive transaction for Cyber Monday was R5-million
• Black Friday shopping peaked between 08h00 and 09h00
• Cyber Monday shopping peaked between 10h00 and 11h00
• The average number of transactions per minute peaked at 695 on Black Friday
• Transactions averaged at 281 per minute on Black Friday
• The average number of transactions per minute peaked at 277 on Cyber Monday
• Transactions averaged at 1251 per minute on Cyber Monday
• Black Friday saw 55% year-on-year growth in online transactions
• Cyber Monday transactions were up 36% year-on-year 

The United States, where the trend originated, also saw some big numbers:

• Cyber Monday sales surged to a record $7.9-billion spent online
• This is a year-on-year increase of 19.3%
• Black Friday pulled in a record $6.22-billion in e-commerce sales
• Transactions on mobile devices were up 55.6% on Cyber Monday, generating $2.2-billion in sales
• Cyber Monday marked the biggest shopping day in Amazon’s history
• Amazon Black Friday and Cyber Monday combined saw the purchase 18-million toys and more than 13-million fashion items