{"id":792301,"date":"2024-12-04T08:04:04","date_gmt":"2024-12-04T13:04:04","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/brands-and-retailers-on-bigcommerce-outperform-global-benchmarks-with-26-increase-in-cyber-week-sales-to-kick-off-crucial-holiday-shopping-season\/"},"modified":"2024-12-04T08:04:04","modified_gmt":"2024-12-04T13:04:04","slug":"brands-and-retailers-on-bigcommerce-outperform-global-benchmarks-with-26-increase-in-cyber-week-sales-to-kick-off-crucial-holiday-shopping-season","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/brands-and-retailers-on-bigcommerce-outperform-global-benchmarks-with-26-increase-in-cyber-week-sales-to-kick-off-crucial-holiday-shopping-season\/","title":{"rendered":"Brands and Retailers on BigCommerce Outperform Global Benchmarks with 26% Increase in Cyber Week Sales to Kick Off Crucial Holiday Shopping Season"},"content":{"rendered":"

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Brands and Retailers on BigCommerce Outperform Global Benchmarks with 26% Increase in Cyber Week Sales to Kick Off Crucial Holiday Shopping Season<\/b><\/p>\n

2024 Cyber Week results find ecommerce sales grew for BigCommerce customers, as the platform marked 100% Cyber Week uptime for the eleventh consecutive year<\/i><\/p>\n

AUSTIN, Texas–(BUSINESS WIRE<\/a>)–BigCommerce<\/a> (Nasdaq: BIGC), a leading open SaaS, composable ecommerce platform for fast-growing and established B2C and B2B brands and retailers, today reported its customers significantly outperformed the global average with a 26% increase in gross merchandise value (GMV) during the five-day Cyber Week period.<\/p>\n

\nIn addition to the GMV growth, which was up from the 10% increase reported by BigCommerce for Cyber Week 2023, the data shows shoppers were more active and spent more this year. Globally, total orders increased 13% (compared to 7% last year), and average order value (AOV) was up 11% (compared to 3% last year). Overall, global online Cyber Week sales increased 6%, as reported by Salesforce<\/a>.<\/p>\n

\n\u201cIt is truly impressive and satisfying to see BigCommerce brands and retailers do so well during this critical Cyber Week period,\u201d said Al Williams, general manager of B2C at BigCommerce. \u201cThe 26% GMV increase is the largest increase our customers have seen since we started reporting in 2021. In a year when holiday spending is expected to grow much less, these results reflect our customers\u2019 innovation and quality products as well as the strength and flexibility of our platform to help them deliver fast checkout, high conversion rates and incredible buying experiences.\u201d<\/p>\n

\nThe National Retail Federation has forecasted total 2024 holiday spending<\/a> to grow between 2.5% and 3.5% over last year.<\/p>\n

\nThis year, U.S. brands and retailers experienced a 27% GMV increase, 10% order increase and 15% AOV increase during Cyber Week. According to Salesforce, the overall online sales increase in the U.S. was 7%.<\/p>\n

\n“Our products might not be what people think of as typical holiday gifts, but Cyber Week is an increasingly important part of the year for UPLIFT Desk. Based on our sales over the last few days, there are going to be a lot of new desks and accessories under trees this year,” said Daniel Burrow, vice president of sales and marketing at UPLIFT Desk. “As the foundation of our ecommerce operations, BigCommerce helps us provide an incredible shopping experience for our customers, making it easy for them to create the workspace of their dreams.”<\/p>\n

\nEMEA stores saw even bigger results: a 39% GMV increase and 45% increase in orders, driven by GMV increases of 112% in Italy and 38% in the UK.<\/p>\n

\n“The Black Friday\/Cyber Week time is critical for Soletrader’s business as it is for many brands and retailers,” said Marcel Bordon, CEO of UK-based Soletrader. “We are very encouraged by the results we achieved, particularly the growth in our online sales since replatforming to BigCommerce earlier this year. Our customers are loving the new features and functionality on our online storefront, and we will continue to innovate to improve their buying experience.”<\/p>\n

\nAdditional 2024 Cyber Week highlights include:<\/p>\n