Transcript
A (0:00)
Black Friday saw a record $11.8 billion in online sales. According to Adobe Analytics. Black Friday online sales hit $11.8 billion, up 9.1% from last year, with mobile accounting for 55% of purchases and buy now, pay later accounting for almost $800 million of the online spend. Other reporting services like MasterCard Spending Pulse corroborated these figures, noting a 10.4% growth in E commerce sales on Black Friday. And finally, also According to Adobe, AI driven traffic to US retail sites soared 805% compared to last year. Chris, what are your big takeaways From Black Friday 2025 and what we just noted in these stats?
B (0:46)
Oh, man. God, where to start? You know, I've got a. I think a number of things stand out as I look at the statistics you just read, as well as other research I did, you know, to prepare for today's show. I think, first of all, I'm not, I'm not surprised at all by the digital numbers. I mean, I can remember back when I was running e commerce for home furnishings back in 2013, and between 2013 and 2016, I used to say to my team all the time, expect a 10% bump. Like you could take it to the bank. It's going to happen. And I feel like I've said this on past shows when we've been talking about Black Friday as well. I think I've said it probably multiple times. So the 10% bumps, not surprising, but it is surprising to see that that trajectory still still is consistently happening year over year. So that's number one. Number two, the clubs, man. I don't know if you saw the data from Placer AI yesterday, but the clubs just crushed it. The, the traffic numbers for Sam's Club, up 9.7%. BJ's up, not 8.2%. Costco 7.7%. So people are finding value in the clubs. Like, who would have ever thought clubs on Black Friday, like, that's kind of the last place I would want to be, you know, given, like, I don't even want to be there on a Saturday or Sunday. You put the Black Friday traffic hell into it. No way. No. Thank you. But hey, I guess when you got to get those deals, then third, I still can't believe that mobile is only 50% of purchases. I mean, that still tells me that there's a ton of room to go on our mobile devices here over the next few years. Like 55%, 45% still happening away from a mobile device. I mean, it's just like wow. Okay. And then last but not least, and I think I might surprise people here, and I think I might even surprise you a little bit. I thought the growth in AI influenced shopping would be higher, 800% in basically what is year two to me seems really low. And to prove that out, I looked at some comparables and I thought this was interesting. So you mentioned BNPL in your opening. So I look back at a, I look back at a CFBP report, PB report, CFPB report, I should say. And they looked at the amount of loans that originated via BMPL versus from 2019 to 2021, and they saw a 970% increase over those three, over those years. So, like, I just feel like, I feel like based on where agent AI is, an AI is in general and where it should be going, it feels like it should be moving faster. Like, it just feels like it should be moving faster to me. So makes me wonder if we need to start slowing our role on shopping these platforms. And as I said last week as well, like, maybe we need to be a little more thoughtful and pragmatic and view these kind of engines as search amplifiers first and foremost, versus like connecting our business and all our apps to them, as we discussed last week. That's kind of my, that's kind of my takeaway here from Black Friday.