Cyber Monday was projected to be the largest online shopping day in US history last year. Adobe estimated that Cyber Monday 2020 sales reached $10.8 billion, a 15.1% increase from 2019. Analysts are forecasting that this year, even with economies and physical shops more open and pandemic-exacerbated supply chain chaos creating strains in every corner of retail, could break sales records again.
What that means for consumer brands is being visible online on Cyber Monday is crucial to ride the wave of shopper traffic and lock in vital Q4 sales.
Edge by Ascential returns to the search terms we analyzed on Black Friday,to see who is dominating internet retail on a potentially record-breaking day for US ecommerce.
Consumer Electronics
Winners (Greatest average weighted share of search* on Amazon, Best Buy and Walmart)
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After a stunning performance on Black Friday, Samsung triumphed again as the best-performing TV brand on Cyber Monday. It lost one top 3 listing on Amazon for the term “TV” to Amazon’s own product but took one top 3 position from TCL on Walmart.
For “Smart TV”, Samsung again dropped to 2 of the top 3 on Amazon while TCL gots its revenge on Walmart by stealing back a top 3 place from Samsung.
Samsung’s share of the top 10 on Best Buy for “Television” dropped from 70% on Black Friday to 20% on Cyber Monday. Insignia was the biggest beneficiary, increasing its share to 30%. Samsung, however, took the 2 top positions on Amazon for “Television” from Sony. It also continued its battle with TCL for Walmart’s top 3, this time pushing TCL out.