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Amazon, Wayfair and eBay set sales records on Cyber Monday

Shoppers helped Amazon, Wayfair, and eBay all set sales records on Cyber Monday 2017

Prime Day was a winner for Amazon.com Inc., but Cyber Monday comes out on top as its leading sales day.

Amazon, No. 1 in the Internet Retailer 2017 Top 500, reported that Cyber Monday this year was its biggest sales day ever, surpassing its sales totals on Prime Day 2017, which had previously held the crown as Amazon’s biggest-ever sales day. Prime Day is Amazon’s annual summer sale that launched in 2015 to celebrate its 20th anniversary. It was held July 11 this year.

Amazon declines to release sales figures for Cyber Monday or Prime Day, and a spokeswoman would not specify how much higher Cyber Monday sales were compared with Prime Day. Internet Retailer estimates that Amazon generated $2.41 billion in sales on Prime Day this year, up nearly 60% from $1.52 billion in 2016.

Orders placed through its mobile app increased more than 50% year over year worldwide, Amazon says. Shoppers also favored deals on Amazon’s voice-activated digital assistant devices. Amazon reports that the Echo Dot was its top selling item on Cyber Monday.

“Amazon customers shopped at record levels during the Turkey 5, ordering hundreds of millions of products from toys to fashion to electronics and Amazon devices,” said Jeff Wilke, CEO of Amazon’s worldwide consumer unit, referring to the five day stretch from Thanksgiving through Cyber Monday.

Data from Adobe Digital Insights estimates that U.S. shoppers spent a total of $19.62 billion from Thanksgiving through Cyber Monday (Nov. 23-27), up 15.2% from the comparable stretch last year. Cyber Monday was the biggest of the five shopping days, with consumers spending $6.59 billion, up 16.8% from $5.65 billion last year. (Numbers are rounded.)

Amazon wasn’t alone among major online retailers in reporting record sales on Cyber Monday. Online home furnishings retailer Wayfair Inc. (No. 16) says Cyber Monday was its biggest sales day in company history, with the bulk of sales occurring from 9 pm-midnight Eastern on Monday. Sales throughout the five-day stretch of Thanksgiving-Cyber Monday jumped 53% compared with the year-ago period.

“On Cyber Monday, Wayfair customers purchased a sofa every 13 seconds, a mattress every eight seconds and a rug every two seconds,” Wayfair says.

Among other retailers setting online sales records or reporting other growth are:

 

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