Cyber Monday

Retailers Struggle To Capture Long-Term Value From Their Peak App Acquisition Gains

Retrieved on: 
Wednesday, April 3, 2024
Software, Mobile, Wireless, Online Retail, Electronic Commerce, Apps, Applications, Technology, Catalog, Digital Marketing, Retail, Marketing, Advertising, Communications, Research, Week, Black Friday, Metric, Acquisition, Forrester Research, Christmas, Cyber Monday, Multimedia, Bain & Company

Airship , the mobile app experience company, today shared findings that indicate peak installers are not all they’re cracked up to be.

Key Points: 
  • Airship , the mobile app experience company, today shared findings that indicate peak installers are not all they’re cracked up to be.
  • (Graphic: Airship)
    For apps, peak install periods are the most significant value creation opportunities — and also the most costly due to more paid install competition.
  • Peak Week: Six of the top seven peak shopping app install days were Nov. 19-25, which is much more tightly grouped than prior years.
  • A three percentage point difference at Week 15 — +27% greater than peak week’s rate — can equate to massive future value.

More Than 80% of Shoppers Had Poor Experiences With Online Retailers Last Year, According to New Global Consumer Survey

Retrieved on: 
Monday, March 18, 2024
Online Retail, Technology, Women, Electronic Commerce, Men, Baby Boomers, Retail, Software, Artificial Intelligence, Generation Z, Consumer, Online, Automation, Black Friday, EBay, Amazon, Improper integral, Trust, Internet, Social media, Research, Habit, Cyber Monday, Marketing, Gen, Engineering, Baby boomers, Demand, Online shopping

1 concern for global consumers with 42% of U.S. and 44% of U.K respondents planning to shop less online because they need to tighten their budgets.

Key Points: 
  • 1 concern for global consumers with 42% of U.S. and 44% of U.K respondents planning to shop less online because they need to tighten their budgets.
  • “Shoppers expect more from online retailers, demanding free guaranteed on-time shipping and deeper price deals and discounts – or else they will purchase elsewhere,” said Mark Simon, Vice President of Strategy at Celigo.
  • The research provides retailers with a roadmap to boost sales and consumer loyalty as well as win Holiday 2024.
  • Ensure e-commerce systems can handle higher volumes and stress-test new integrations now to avoid logistical issues before Holiday season begins.

nShift: Warehouse tech failures plague peak-season profits

Retrieved on: 
Tuesday, March 26, 2024
Failure, Black Friday, Cyber Monday, Pressure, Christmas, Research, Heart, Online shopping

LONDON, March 26, 2024 /PRNewswire/ -- Almost half of logistics workers experience a problem with warehouse technology many times a week.[1]  During times of peak demand, such as Black Friday or the Christmas shopping season, these problems can cause delays and outages.  These impede a business's ability to maximize profits, warns nShift, the global leader in parcel-delivery management software.

Key Points: 
  • These impede a business's ability to maximize profits, warns nShift, the global leader in parcel-delivery management software.
  • During peak season – including Black Friday, Cyber Monday, Christmas shopping and New Year sales – ecommerce sales can increase by as much as 50%.
  • [2]  This creates huge pressure on warehouses and, in particular, their ability to ensure items are quickly delivered to customers.
  • "The first is when the tech at the heart of their delivery process simply can't handle the increase in demand.

commercetools Accelerates Global Momentum, Announces Strong 2023 Business Results

Retrieved on: 
Tuesday, March 26, 2024
Black Friday, Organization, Software as a service, ARR, Growth, Insight Partners, Risk, Connect, National Health Service, Digital, NHS, News, Ticketmaster, B2C, Elevate, Record, Bausch & Lomb, Yoy, PetSmart, Fortune 500, GMV, Commerce, B2B, Commercetools, Cyber Monday, European, Magic Quadrant, Management

2023 was a standout year for commercetools.

Key Points: 
  • 2023 was a standout year for commercetools.
  • Our robust business momentum and fiscal results are evidence of the value customers find in commercetools and composable commerce," said Dirk Hoerig, co-founder and CEO of commercetools.
  • Customer base is now equally split across EMEA and the Americas, solidifying commercetools' global expansion and underscoring the company's strong foothold in the American market as a European SaaS company.
  • In the last 18 months, the company announced six new products, including commercetools Connect , commercetools Checkout and commercetools Foundry , making it easier than ever to infuse composability into the modern commerce stack.

Charlotte's Web Reports 2023 Fourth Quarter and Year-End Financial Results

Retrieved on: 
Thursday, March 21, 2024
E-commerce, Spins, Trust, Capital expenditure, Acquisition, Stroke volume, Security (finance), CBD, Bank statement, Adjustment, DTC, IRI, MLB, ID, Web, B2B, Cyber Monday, ACV, Cryptocurrency

During the fourth quarter of 2023, the Company began revamping its eCommerce platform and upgrading its overall technology platform to increase traffic and transform the consumer experience.

Key Points: 
  • During the fourth quarter of 2023, the Company began revamping its eCommerce platform and upgrading its overall technology platform to increase traffic and transform the consumer experience.
  • Charlotte's Web reported a net loss of $8.5 million, or ($0.06) per share basic and diluted, for the fourth quarter of 2023, an improvement as compared to a net loss of $35.2 million, or ($0.23) per share basic and diluted, for the fourth quarter of 2022.
  • Adjusted EBITDA1 loss for the fourth quarter of 2023 was $6.5 million, compared to Adjusted EBITDA loss of $5.3 million in the fourth quarter of 2022.
  • Management will host a conference call to discuss the Company's 2023 fourth quarter and year-end at 11:00 A.M.

Norwegian Cruise Line Holdings Reports Strong Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Tuesday, February 27, 2024
NCL, Ship, Capacity, Net, Cruise line, Black Friday, Currency, Growth, Vista, Regent Seven Seas Cruises, Cyber Monday, GAAP, Yield, Norwegian Cruise Line Holdings, EPS, Movement, NCLH, Tourism

MIAMI, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) (together with NCL Corporation Ltd., “Norwegian Cruise Line Holdings”, “Norwegian”, “NCLH” or the “Company”) today reported financial results for the fourth quarter and year ended December 31, 2023 and provided guidance for the first quarter and full year 2024.

Key Points: 
  • MIAMI, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) (together with NCL Corporation Ltd., “Norwegian Cruise Line Holdings”, “Norwegian”, “NCLH” or the “Company”) today reported financial results for the fourth quarter and year ended December 31, 2023 and provided guidance for the first quarter and full year 2024.
  • As a result, Occupancy was 99.2% for the fourth quarter of 2023, and full year Occupancy was 102.9%, in line with guidance.
  • Gross Cruise Costs per Capacity Day was approximately $280 in the fourth quarter, compared to $311 last quarter.
  • Adjusted Net Cruise Costs excluding Fuel per Capacity Day in the fourth quarter of 2023 was approximately $151, in line with guidance.

BigCommerce Announces Fourth Quarter and Fiscal Year 2023 Financial Results

Retrieved on: 
Thursday, February 22, 2024
ARPA, MENA, Architecture, Conair, Growth, Commerce, MUJI, API, Software as a service, Webcast, PayPal, BigCommerce, Fastlane, GAAP, GMV, Ecosystem, VIP, IDC, Partnership, Total, BIGC, ARR, Clothing, Workflow, CFO, NVIDIA, Acquisition, Pharmacy, B2C, Cross, AOV, Average cost, B2B, OMS, Cyber Monday, Digital

AUSTIN, Texas, Feb. 22, 2024 (GLOBE NEWSWIRE) -- BigCommerce Holdings, Inc. (“BigCommerce”) (Nasdaq: BIGC), a leading Open SaaS ecommerce platform for fast-growing and established B2C and B2B brands, today announced financial results for its fourth quarter and fiscal year ended December 31, 2023.

Key Points: 
  • AUSTIN, Texas, Feb. 22, 2024 (GLOBE NEWSWIRE) -- BigCommerce Holdings, Inc. (“BigCommerce”) (Nasdaq: BIGC), a leading Open SaaS ecommerce platform for fast-growing and established B2C and B2B brands, today announced financial results for its fourth quarter and fiscal year ended December 31, 2023.
  • Average revenue per account (ARPA) of enterprise accounts was $40,891, up 6% compared to the fourth quarter of 2022.
  • We reported free cash flow of $12.2 million
    Fiscal Year 2023 Financial Highlights:
    Total revenue was $309.4 million, up 11% compared to fiscal year 2022.
  • These items are not within our control and may vary greatly between periods and could significantly impact future financial results.

United States Buy Now Pay Later Business Report 2024: Market to Reach $205.76 Billion by 2029 - New Firms are Piloting BNPL Payment Methods to Tap into the Growing Demand - ResearchAndMarkets.com

Retrieved on: 
Thursday, February 29, 2024
Professional Services, Payments, Online Retail, Retail, Technology, Finance, Online, Business model, Forecasting, Partnership, Growth, Google Pay, Zip Co, Adobe Experience Cloud, Cyber Monday, Purpose, Product analysis, Primer, Apple, Travel

This report provides a detailed data-centric analysis of the Buy Now Pay Later (BNPL) industry, covering market opportunities and risks across a range of retail categories.

Key Points: 
  • This report provides a detailed data-centric analysis of the Buy Now Pay Later (BNPL) industry, covering market opportunities and risks across a range of retail categories.
  • The United States BNPL industry is growing at an accelerated rate, on the back of rising adoption and usage among consumers.
  • Develop proactive and lucrative business strategies through market intelligence and forward-looking analysis of BNPL market spend and major opportunities in United States.
  • United States BNPL Market Size and Spending Pattern, 2020-2029
    United States Buy Now Pay Later Revenue Analysis, 2020-2029
    United States Buy Now Pay Later Operational KPIs & Statistics, 2020-2029
    United States BNPL by Purpose, 2020-2029
    United States BNPL by Business Model, 2020-2029
    United States BNPL by Merchant Ecosystem, 2020-2029
    United States BNPL by Distribution Model Analysis, 2020-2029

Etsy, Inc. Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, February 21, 2024
Acquisition, Social media, Infant, Ethics, ROI, Investment, Marketing, Annual report, Biophysical environment, Culture, Growth, GMS, Sale, ESG, Collecting, Gift, Adjustment, Cyber Monday, Internet, Scale, Synthetic media, Registry, GAAP, Depop, Consolidated, Machine learning, Monday, Online shopping

BROOKLYN, N.Y., Feb. 21, 2024 /PRNewswire/ -- Etsy, Inc. (NASDAQ: ETSY), which operates two-sided online marketplaces that connect millions of passionate and creative buyers and sellers around the world, today announced financial results for its fourth quarter and full year ended December 31, 2023.

Key Points: 
  • For information about how we define our metrics, see our Quarterly Report on Form 10-Q for the quarter ended September 30, 2023.
  • We also made improvements to the item ranking we use for recommendations in order to consider longer-term buyer interests and deliver more diverse results.
  • Select highlights of fourth quarter business initiatives for the Etsy marketplace are outlined below:
    Product: Focused on increasing Consideration for Etsy: Quality + Great Value + Reliability.
  • We expect to maintain very healthy margins, with consolidated Adjusted EBITDA margins for 2024 at least similar to 2023.

Brooks Running Delivers Record Revenue in 2023, Accelerates Innovation in the New Year

Retrieved on: 
Tuesday, February 13, 2024
Sports, Fashion, Retail, Footwear, Running, 1,000,000, Strava, Multimedia, GTS, Brooks Beasts Track Club, Entrepreneurship, Investment, Growth, Mentorship, Foot, Adrenaline, World Athletics Championships, Cyber Monday, Restart, Hyperion, Gold, Brooks Sports, Shoe, Athlete, DTC, Video game

Brooks Running finished 2023 with record revenue growth of $1.2 billion, up 5% year over year, and a record 20 million+ units sold.

Key Points: 
  • Brooks Running finished 2023 with record revenue growth of $1.2 billion, up 5% year over year, and a record 20 million+ units sold.
  • In North America, revenue increased 7% year over year as the brand reached $1 billion in revenue in the region for the first time.
  • In 2023, Brooks also increased investment in growing the running industry through sustainability initiatives, community activations, and collaborations with key partners.
  • Following its spring launch, Brooks’ Future Run program impacted 245,000 youth runners through support of youth running programs, high school running teams, and coaches.