Comments on: Do Black Friday Online Sales Portend Holiday Growth? https://www.ecommercebytes.com/2022/11/27/do-black-friday-online-sales-portend-holiday-growth/ Ecommerce Industry News Tue, 29 Nov 2022 21:49:23 +0000 hourly 1 https://wordpress.org/?v=6.5.3 By: Stoned11 https://www.ecommercebytes.com/2022/11/27/do-black-friday-online-sales-portend-holiday-growth/#comment-8711 Tue, 29 Nov 2022 21:49:23 +0000 https://www.ecommercebytes.com/?p=228470#comment-8711 Gross sales figures will include inflation, however, it’s the increase in foot traffic and online traffic I find intriguing.

Due to Covid lockdowns, U.S. banks say that consumers had $1.7 trillion in savings and are now spending it. As an Etsy Seller, my activity in my handmade jewelry shop was crazy good this past weekend. I had the most active weekend EVER. People still have money and they want to spend it.

I heard on CNBC this past week that Walmart is indeed beating Amazon as a preferred Ecommerce site, however, much of Walmarts profits are coming from food sales. With the latest surge in inflation, the low income consumer is running to Walmart for cheaper groceries.

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By: cvsharkey https://www.ecommercebytes.com/2022/11/27/do-black-friday-online-sales-portend-holiday-growth/#comment-8708 Mon, 28 Nov 2022 15:57:39 +0000 https://www.ecommercebytes.com/?p=228470#comment-8708 The ONLY reason Amazon saw a 1% increase in the value of orders is because of INFLATION! It’s nothing to brag about and pathetic that it was only 1% considering the inflated pricing they’ve incorporated!

I’ve started doing price comparisons between Amazon & Walmart, plus going directly to seller’s sites (if they offer free shipping, then a slightly higher price is acceptable.) What I’m finding is that most of the time–not always, but most of the time, Walmart is beating Amazon in price. sometimes I have actually found the Amazon price to be more than twice Walmart’s price. and with Walmart’s new $98 annual membership with free shipping I can have items shipped & not have to deal with their store. (I dropped Prime, but my husband added me to his & now I get the 5% on purchases again. Sweet.)

In other words, what we have here is a shell game. So play the game.

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