Tech News

Tech Business News

  • Home
  • Technology
  • Business
  • News
    • Technology News
    • Local Tech News
    • World Tech News
    • General News
    • News Stories
  • Media Releases
    • Tech Media Releases
    • General Media Releases
  • Advertisers
    • Advertiser Content
    • Promoted Content
    • Sponsored Whitepapers
    • Advertising Options
  • Cyber
  • Reports
  • People
  • Science
  • Articles
    • Opinion
    • Digital Marketing
    • Guest Publishers
  • About
    • Tech Business News
    • News Contributions -Submit
    • Journalist Application
    • Contact Us
Reading: New Black Friday Cyber Monday Record With $11.6 AUD Billion in Global Sales on Shopify
Share
Font ResizerAa
Tech Business NewsTech Business News
  • Home
  • Technology News
  • Business News
  • News Stories
  • General News
  • World News
  • Media Releases
Search
  • News
    • Technology News
    • Business News
    • Local News
    • News Stories
    • General News
    • World News
    • Global News
  • Media Releases
    • Tech Media Releases
    • General Press
  • Categories
    • Crypto News
    • Cyber
    • Digital Marketing
    • Education
    • Gadgets
    • Technology
    • Guest Publishers
    • IT Security
    • People In Technology
    • Reports
    • Science
    • Software
    • Stock Market
  • Promoted Content
    • Advertisers
    • Promoted
    • Sponsored Whitepapers
  • Contact & About
    • Contact Information
    • About Tech Business News
    • News Contributions & Submissions
Follow US
© 2022 Tech Business News- Australian Technology News. All Rights Reserved.
Tech Business News > Reports > New Black Friday Cyber Monday Record With $11.6 AUD Billion in Global Sales on Shopify
Reports

New Black Friday Cyber Monday Record With $11.6 AUD Billion in Global Sales on Shopify

Editorial Desk
Last updated: November 30, 2022 7:26 pm
Editorial Desk
Share
SHARE

Shopify Inc (NYSE, TSX:SHOP), a provider of essential internet infrastructure for commerce, announced today a record-setting Black Friday Cyber Monday (BFCM) weekend, with sales of $7.5 billion* USD ($11.16 billion AUD) from independent businesses worldwide.

That’s a 19% increase on the $6.3 billion USD Shopify merchants earned during BFCM 2021 (21% on a constant currency basis). 

Consumers approached this holiday shopping season with intentionality and sought out good deals from their favourite brands.

Shopify’s survey** of more than 1,000 Australian consumers ahead of Black Friday Cyber Monday weekend revealed that 69% were seeking higher-quality products that will last, and the majority 84% planned to compare prices for the best discounts before making a purchase during Black Friday Cyber Monday weekend. 

More than 52 million consumers globally purchased from brands powered by Shopify this year, [and Australian merchants saw a 22.7% increase in consumers from 2021 / a 13% increase compared to 2021].

Black Friday Cyber Monday weekend is the highest volume shopping event of the year for Shopify merchants, showcasing the power and impact independent businesses have around the globe. 

Shaun Broughton, Managing Director (APAC) at Shopify says onsumers are voting with their wallets to support the independent Aussie brands they love, with record-breaking sales over Black Friday Cyber Monday weekend

“This year’s record multi-billion dollar shopping event happened across all channels, proving independent brands that meet their customers where they are with a seamless shopping experience, whether that’s online or in-person, will win the loyalty of today’s intentional and savvy consumer.” says Broughton

Global 2022 BFCM highlights

  • Black Friday saw the highest shopping volume moment during the weekend, with peak sales of more than $3.5 million per minute at 12:01 PM ET on November 25 (4.01 AM AEDT on November 26).
  • 52 million consumers worldwide purchased from independent brands powered by Shopify, a 13% global increase from 2021. 
  • Consumers in the  United States (#1), United Kingdom (#2), Canada (#3), Australia (#4) and Germany (#5) spent the most on average. 
  • The top-selling cities in Asia-Pacific where shoppers made purchases from over the shopping weekend were Singapore (#1), Auckland (#2), Christchurch (#3), Melbourne (#4) and Sydney (#5).
  • 56,000+ tonnes of carbon removal funded to counteract emissions from the delivery of every order placed on Shopify’s platform over Black Friday Cyber Monday weekend. 

Australia 2022 BFCM Highlights

  • Australian merchants on Shopify saw a 22.7% increase in consumers from 2021, with Australia ranking 4th globally in total spend.
  • Shoppers’ spend in Australia over the full weekend climbed to $162.27 AUD per order on average throughout the BFCM weekend, compared to last year’s average of $155.73 AUD.
  • Consumers in Melbourne (#1), Sydney (#2), Perth (#3) and Brisbane (#4) spent the most on average. 
  • Black Friday Cyber Monday proved once again to be driven by online sales, with mobile driving 70% of sales overall this year.
  • Apparel & Accessories sales topped Aussie consumers’ lists across Shopify-powered stores this weekend, followed by Health & Beauty (#2), Home & Garden (#3), Food & Beverages (#4), Electronics (#5).
  • Cross-border orders grew this year with 19% of orders from Australian merchants made by international consumers, with the most popular cross-border routes being Australia-United States (#1), Australia-United Kingdom (#2), Australia-New Zealand (#3).
  • In-person retail saw a jump, with Shopify POS (in-person) sales up 26% from Black Friday Cyber Monday 2021.

Climate-conscious shoppers are increasingly seeking out brands with sustainable practices, such as carbon-neutral shipping**.

For the third year in a row, Shopify is purchasing enough carbon removal to counteract the carbon emissions from shipping every order on Shopify over Black Friday Cyber Monday weekend. This resulted in Shopify funding more than 56,000 tonnes of carbon removal.

By Editorial Desk
The TBN team is a well establish group of technology industry professionals with backgrounds in IT Systems, Business Communications and Journalism.
Previous Article Lauren O’Neill , General Manager, Strategy & Innovation, JANA Lauren O’Neill Annouced JANA General Manager for Strategy and Innovation
Next Article New energy management foresights for electric vehicles and renewable energy Monash University Reveals New Foresights for Energy Management in Australian Households
New Black Friday Cyber Monday sales $11.16 AUD Billion Shopify

Tech Articles

Private Proxy List - The Pirate Bay Download Index

Private Proxy – The Pirate Bay Searchable Online Index For Free Downloads

A private proxy, or personal proxy server, is used exclusively…

September 24, 2024
Nations Leading the Charge in Dead and Scam Crypto Projects

Top Nations Behind Scams And Dead Crypto Projects

An analysis of 1,500+ crypto ventures reveals the U.S. leading…

November 29, 2024
Starting a small business venture in Australia

Starting A Small Business Venture In Tough Economic Times

When starting a small business venture in Australia it's worth…

December 8, 2024

Recent News

Sisense Future of Data Analytics Report 2022
Reports

New Sisense research reveals critical barriers preventing data analytics adoption across APAC  

5 Min Read
Scams
Reports

Australians lose a whopping $323 million to scams in 2021, up 84% from the previous year

11 Min Read
Women critical Australia’s cyber security - tech news
Reports

Women Critical To Future of Australia’s Cyber Security Workforce

11 Min Read
GeneralReports

Post-pandemic asset price surge fuels historical growth in HNW investor numbers

6 Min Read
Tech News

Tech Business News

Stay up to date with the latest technology & business news trends from Australia and the around the world.

Technology News reports and whitepaper publishing services are available along with media and advertising options

Our Australian technology news includes People, Business, Science, World News, Local News, Guest publishers, IT News & Tech News Australia | Tech News was established in 2019

About

About Us 
Contact Us 
Privacy Policy
Copyright Policy
Terms & Conditions

December, 10, 2024

Contact

Contact Information.
Melbourne, Australia

Werribee 3030

Phone: +61 431401041

Hours : Monday to Friday, 9am 530-pm.


Tech News

© Copyright Tech Business News 

Latest Australian Tech News – 2024

Welcome Back!

Sign in to your account