Core Insights - Adobe anticipates a 5.3% growth in holiday shopping this year, reaching approximately $253.4 billion in online e-commerce spending [6] - The holiday shopping season is expected to be influenced by early discounts and strategic consumer spending, particularly during events like Amazon's Prime Day [5][11] Consumer Behavior - Consumers are expected to manage costs and spread their budgets further, leading to increased interest in early discounts and promotions [5][12] - The trend of "buy now, pay later" is projected to process about $20 billion, reflecting an 11% year-on-year growth, indicating a shift in consumer financing preferences [13] Shopping Trends - The Thanksgiving to Cyber Monday period, referred to as "Cyber 5," is critical, with nearly $50 billion anticipated to be spent during this timeframe [8] - Discounts in categories such as apparel, electronics, and toys are expected to average around 28%, slightly lower than the previous year's 30% [11] Technology and Shopping Experience - There is a significant increase in traffic from generative AI platforms to retail sites, with an expected 520% year-on-year growth, indicating a shift in how consumers search for products [16][17] - Mobile commerce is also expected to grow by 8%, contributing to a more frictionless shopping experience for consumers [14]
AMZN Gets Holiday Head Start as Experts See Over $250B in Seasonal Spend