Black Friday started early this year, and apparently it paid off. The former one day event turned into Black Friday weeks for many retailers and blew past last year’s ecommerce numbers. Adobe Digital Insights reports that Black Friday online sales passed the $3 billion dollar mark for the first time to reach $3.34 billion. This was an increase of 21.6% from 2015, with special deals and mobile use driving the growth.
Amazon is a key selling channel for many online retailers, whether your company is Fulfilled by Amazon (FBA) or Seller Fulfilled Prime (SFP.) In fact, 55% of online retailers expect to generate their biggest percentage of sales on Amazon this holiday season, according to a survey from ChannelAdvisor and Morar Consulting featured in Internet Retailer. With so many sales flowing through Amazon, the company is working hard to keep up with demand.
Here's what you need to know about Amazon this holiday season.
The holiday season is officially upon us as we gear up for Black Friday and prepare for weeks of surging sales. Major parcel carriers are planning for record growth with UPS, FedEX, and USPS all expecting a significant uptick in shipping volume following a boom in ecommerce activity. For example, UPS is projecting 700 million deliveries between Thanksgiving and the end of 2016, which is a 14% increase over last year.
UPS, FedEX, and USPS are all taking steps to prepare for the final weeks of the year, making sure they can deliver packages on time while keeping up with increased demand. Let's look at what each carrier is doing.
Shipping during the 2016 Holiday Season is critical to fulfilling on the sales generated during October, November, and December. The National Retail Federation is expecting that in November and December alone, retail sales will increase 3.6%.
Even more importantly for Pacejet customers, online sales are expected to increase between 7 and 10 percent over last year to as much as $117 billion. Retailers will be hiring hundreds of thousands of seasonal workers, and many will be working in shipping and fulfillment. This means that your ERP and shipping platforms have to be ready with efficient tools that can help many users.