Monday | Jotup

Recent Holiday Sales Convey Mixed Signals for Tech Industry, Reports Circana

Retrieved on:

Wednesday, December 13, 2023

VR, Growth, Computer, Monday, Television, Lighting, Black

While sales declined during both of these two big holiday promotion weeks, Black Friday Week performed better with a 3% year-over-year decline in unit sales, and 4% decline in dollar sales.

Key Points:

While sales declined during both of these two big holiday promotion weeks, Black Friday Week performed better with a 3% year-over-year decline in unit sales, and 4% decline in dollar sales.
The Black Friday shopping week proved to be more popular with consumers seeking value when making some of their bigger ticket tech purchases.
“This year’s holiday tech consumers are more focused on the value of their purchase than just getting the lowest price,” said Paul Gagnon, consumer technology industry advisor for Circana .
Compared to last year, October prices were lower than those seen so far during the core holiday shopping period.

Attentive Drives Record-Breaking $1.8 Billion in Online Sales During Cyber Week 2023

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Tuesday, November 28, 2023

SMS, Marketing, Monday, Stand, Attention, CVR, Jewellery, AI, Bazaarvoice, Black Friday, Salesforce, Online shopping

NEW YORK, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Today, Attentive, the world’s #1 conversational marketing platform, released its online shopping data covering Cyber Week–the shopping period from Monday, November 20, 2023 to Monday, November 27, 2023. In the span of just seven days, Attentive empowered over 8,000 leading businesses globally to engage with their customers by sending over 2.2 billion text messages, driving over $1.8 billion in online revenue. Attentive data unveils the unstoppable surge in mobile shopping, fueled by the power of personalized SMS and email campaigns to capture consumers' attention and wallets.

Key Points:

In the span of just seven days, Attentive empowered over 8,000 leading businesses globally to engage with their customers by sending over 2.2 billion text messages, driving over $1.8 billion in online revenue.
Attentive data unveils the unstoppable surge in mobile shopping, fueled by the power of personalized SMS and email campaigns to capture consumers' attention and wallets.
“This Cyber Week was the biggest in Attentive’s history, as our conversational marketing platform played a pivotal role in driving the success for leading brands,” said Amit Jhawar, CEO of Attentive.
Tailored-made for marketers, Attentive AI is trained on the industry’s largest SMS marketing dataset—over 1.4 trillion data points from 40+ billion messages across 70+ verticals.

Total Economic Impact Study Reveals monday.com Partners Saw 100% YoY Growth in Service Revenues

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Wednesday, December 20, 2023

The TEI study of monday.com's partner ecosystem examines the potential return on investment (ROI) enterprises can obtain by deploying monday.com and is based on several monday.com partner interviews across Europe, North America, and Australia, conducted by Forrester which aggregated results into a single composite partner organization.

Key Points:

The TEI study of monday.com's partner ecosystem examines the potential return on investment (ROI) enterprises can obtain by deploying monday.com and is based on several monday.com partner interviews across Europe, North America, and Australia, conducted by Forrester which aggregated results into a single composite partner organization.
The study found that monday.com partners saw 100% YoY growth in service revenues, 65% ROI over three years, $3M in total service revenues over three years as well as a seven-month investment payback period.
“We’re thrilled to learn of and share the findings from this study, as we continue to further empower our global partners to seamlessly integrate into our ecosystem, unlock their growth potential, and increase profitability with diversified revenue streams,” says Ophir Penso, VP of Partnerships at monday.com.
“Our growth within our own monday.com practice has absolutely skyrocketed, and our profitability is excellent,” says Jack Taylor, CEO at Upstream, a monday.com partner.

monday.com named a 2023 Gartner® Magic Quadrant™ Leader for Collaborative Work Management

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Tuesday, December 19, 2023

Security, Technology, Other Technology, VoIP, Telecommunications, Software, Magic, Research, Work, Growth, Monday.com, Publication, Magic Quadrant, Organization, OS, Monday, Connective tissue

monday.com Ltd. (NASDAQ: MNDY) (“monday.com”), a work operating system (Work OS) where organizations of any size can create the tools and processes they need to manage every aspect of their work, today announced that it has been named a Leader in the inaugural 2023 Gartner® Magic Quadrant™ for Collaborative Work Management.

Key Points:

monday.com Ltd. (NASDAQ: MNDY) (“monday.com”), a work operating system (Work OS) where organizations of any size can create the tools and processes they need to manage every aspect of their work, today announced that it has been named a Leader in the inaugural 2023 Gartner® Magic Quadrant™ for Collaborative Work Management.
“We believe being recognized as a Leader in Gartner® Magic Quadrant™ for Collaborative Work Management is a testament to the value our multi-product platform brings to our over 186,000 customers across the globe,” says Daniel Leyera, Chief Product and Technology Officer, monday.com.
“Our Work OS is uniquely suited to solve the wide range of challenges facing enterprise organizations today and is the connective tissue that improves cross-team collaboration while maximizing efficiency.
We’re proud of this achievement and are highly confident about our opportunities ahead.”
This recognition comes on the heels of monday.com being recognized as a Leader in the 2023 Gartner Magic Quadrant for Adaptive Project Management and Reporting.

LOCUS ROBOTICS PICKS RECORD-BREAKING 331 MILLION UNITS DURING 2023 PEAK HOLIDAY SHOPPING PERIOD

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Thursday, December 21, 2023

Online, 3PL, Locus, Robert Williams (robot fatality), Growth, History, Monday, Transport, Cyber Monday, Adobe Experience Cloud, Automation, Robotics, Online shopping

WILMINGTON, Mass., Dec. 21, 2023 /PRNewswire/ -- Locus Robotics, the market leader in autonomous mobile robots (AMRs) for fulfilment warehouses, today released its annual Cyber Week recap announcing a record-breaking 331 million units picked globally on behalf of its retail and third-party logistics partners, a 66% increase over last year. LocusBots picked nearly 7 million average daily units, an increase of 107% vs. 2022.

Key Points:

"We are thrilled to have delivered another record-breaking peak shopping season for our customers.
The 66% increase in units picked compared to last year shows the growing demand for warehouse automation and the proven scalability of the Locus solution," said Rick Faulk, CEO of Locus Robotics.
Mobile shopping continues its continued upwards trajectory, representing 54% of all online orders in 2023, a 10.4% increase over 2022.
Locus has now picked over 2.5 billion units worldwide, with the last million picks taking just 26 days compared to its first million which took more than1,500 days.

LOCUS ROBOTICS PICKS RECORD-BREAKING 331 MILLION UNITS DURING 2023 PEAK HOLIDAY SHOPPING PERIOD

Retrieved on:

Thursday, December 21, 2023

Online, 3PL, Locus, Robert Williams (robot fatality), Growth, History, Monday, Transport, Cyber Monday, Adobe Experience Cloud, Automation, Robotics, Online shopping

WILMINGTON, Mass., Dec. 21, 2023 /PRNewswire/ -- Locus Robotics, the market leader in autonomous mobile robots (AMRs) for fulfilment warehouses, today released its annual Cyber Week recap announcing a record-breaking 331 million units picked globally on behalf of its retail and third-party logistics partners, a 66% increase over last year. LocusBots picked nearly 7 million average daily units, an increase of 107% vs. 2022.

Key Points:

"We are thrilled to have delivered another record-breaking peak shopping season for our customers.
The 66% increase in units picked compared to last year shows the growing demand for warehouse automation and the proven scalability of the Locus solution," said Rick Faulk, CEO of Locus Robotics.
Mobile shopping continues its continued upwards trajectory, representing 54% of all online orders in 2023, a 10.4% increase over 2022.
Locus has now picked over 2.5 billion units worldwide, with the last million picks taking just 26 days compared to its first million which took more than1,500 days.

Attentive Drives Strong Momentum with 80% of Customers Now Using Its AI Solutions

Retrieved on:

Wednesday, December 13, 2023

Since officially launching its first AI solutions in March 2023, already 80% of Attentive customers are using AI, including Hot Topic, ba&sh, and DIFF Eyewear.

Key Points:

Since officially launching its first AI solutions in March 2023, already 80% of Attentive customers are using AI, including Hot Topic, ba&sh, and DIFF Eyewear.
By using Attentive AI, early results show that top brands are driving up to 180% more online revenue and seeing 160% more conversion with relevant, hyper-personalized messages to better engage their customers.
“We are excited about the momentum we are seeing around our AI offerings and we’re just getting started,” said Amit Jhawar, CEO of Attentive.
Since then, beta customers are actively testing new, groundbreaking products that are powered by Attentive AI, and are seeing impactful results.

Monetate Helps Drive $4.8 Billion in Overall Sales During Cyber Week; Predict Higher YoY Spend in December

Retrieved on:

Tuesday, December 5, 2023

During Cyber Week 2023, Monetate’s client base, tracking over 800M customer sessions, reached $4.8B in total sales, a 10.1% YoY growth.

Key Points:

During Cyber Week 2023, Monetate’s client base, tracking over 800M customer sessions, reached $4.8B in total sales, a 10.1% YoY growth.
Cyber Monday delivered the biggest YoY growth of the five-day event, clocking in a 12.7% increase compared to 2022.
As the numbers are tracking now, Monetate is predicting that YoY spend will also be higher in December as we finish out the year.
“The peak period, particularly Cyber Week, is like the Super Bowl to our clients,” explained Monetate CEO Brian Wilson.

Consumers Shop More on Black Friday But Businesses Earn More on Cyber Monday, Bloomreach Peak Holiday Shopping Results Find

Retrieved on:

Tuesday, December 5, 2023

We’re pleased to have been there to support our customers through another incredible peak shopping season, with 100% uptime and no disruptions to service.

Key Points:

We’re pleased to have been there to support our customers through another incredible peak shopping season, with 100% uptime and no disruptions to service.
We look forward to seeing how they’ll top these results next year.”
Cyber Week 2023 Results and Trends:
Shopping starts earlier.
Bloomreach customers saw a 7% increase YoY in site traffic on Thanksgiving day, proving that consumers did not need to wait for Black Friday to start their shopping.
To learn more about consumer trends and e-commerce performance throughout the year, join Bloomreach for its quarterly Commerce Pulse events.

BigCommerce Customers Start Critical Holiday Shopping Season Strong with 10% Increase in Cyber Week Sales

Retrieved on:

Tuesday, November 28, 2023

They spent more as well as reflected by a 3% increase in average order value (AOV), compared to Cyber Week 2022.

Key Points:

They spent more as well as reflected by a 3% increase in average order value (AOV), compared to Cyber Week 2022.
“Cyber Week closed with a 12% spike in year-over-year sales on Cyber Monday, signaling consumers’ urgency to capitalize on deep discounts before they were gone,” said Brent Bellm, CEO at BigCommerce.
“Even with the holiday shopping season and retailer promotions starting earlier, these five days remain critical to retailers’ success.
Additional 2023 Cyber Week highlights include:
Mobile orders accounted for 38% of all Cyber Week orders, a slight increase from last year.