• Terms and Conditions
  • Privacy Policy
  • DMCA
  • Disclaimer
  • Cookie Privacy Policy
  • Contact Us
News Zents
No Result
View All Result
  • Home
  • Business
  • Economy
  • Fintech
  • Finance
  • Insurance
  • Market
  • Startups
No Result
View All Result
  • Home
  • Business
  • Economy
  • Fintech
  • Finance
  • Insurance
  • Market
  • Startups
News Zents
No Result
View All Result
Home Fintech

Apple, Peloton Winners in Amazon’s Early Sale

PYMNTS by PYMNTS
October 13, 2022
0


Amazon said shoppers bought more than 100 million items during its Prime Early Access Sale this week.

The two-day sale — billed by Amazon as its earliest-ever holiday shopping event — drew in tens of millions of Amazon Prime members, the company said in a news release Thursday (Oct. 13).

Top sellers included Apple’s Macbook Air M1; the Peloton Bike; Bose earbuds and headphones; Casper pillows and toppers; and hair dryers, vacuums and air purifiers from Shark, according to the release.

There were also sold 8 million toys sold, Amazon said in the release, quoting Stacy Katz, co-creator of the Not Parent Approved game.

“Opportunities like Prime Early Access Sale have created a powerful boost to our business, as well as offering customers deep discounts and value,” Katz said in the release. “On the first day of the sale, we experienced a 500% increase in units sold.”

PYMNTS noted earlier this week that the sale could serve as a “retail windsock,” offering clues as to whether a broader swath of consumers will hold back on vital holiday 2022 spending.

Read more: Amazon’s Prime Early Access Sale Will Be Retail’s Inflationary Windsock

The sale came during a week that historically belonged to Columbus Day sales. But as retailers emerged from the pandemic, the day was used as an opportunity for destination businesses — both online and off — to grab scarce dollars before they were spent elsewhere, including at similar events held by Walmart and Target.

This week also saw Adobe Analytics predict that online spending during the season will grow just 2.5% — the lowest level since the company began monitoring this spending in 2015.

See more: Holiday-Related Commerce Expected to Slow or Even Drop

In addition, when Adobe Analytics provided a range of possible outcomes, the projections ranged from a drop of 2% to a rise of 5%.

For all PYMNTS retail coverage, subscribe to the daily Retail Newsletter.

New PYMNTS Study: How Consumers Use Digital Banks

A PYMNTS survey of 2,124 US consumers shows that while two-thirds of consumers have used FinTechs for some aspect of banking services, just 9.3% call them their primary bank.

Sign up for our daily newsletter.

We’re always on the lookout for opportunities to partner with innovators and disruptors.

Learn More


https://www.pymnts.com/apple/2022/apple-lets-card-users-set-up-goldman-sachs-savings-accounts/partial/

Tags: AmazonsAppleEarlyPelotonSaleWinners
Advertisement Banner
PYMNTS

PYMNTS

Next Post

Salon Hairsprays for just $9.90! (Matrix, Redken, Living Proof, plus more!)

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Huawei, IMDA Launch Spark Incubator for Fintech, Metaverse and SaaS Startups in Singapore

November 11, 2022

Sonata Software Dividend: Sonata Software announces 700% interim dividend for FY23

October 18, 2022

Has Sarbanes-Oxley Made Insurance Riskier?

January 7, 2023

Is your business ready for the future of eCommerce?

October 31, 2022

Links 10/13/2022 | naked capitalism

October 13, 2022

Accenture acquires Chicago-based tech services provider

October 10, 2022

Recent News

Metformin could impact sales of Pfizer’s COVID drug Paxlovid

March 25, 2023

How Kredivo, an Asian fintech company secured a Series D funding round of $270 million

March 25, 2023

Categories

  • Business
  • Economy
  • Finance
  • Fintech
  • Insurance
  • Market
  • Regulation
  • Startups
  • Uncategorized

This is an online news portal designed to provide the latest market news, world news, fintech, and more like that from around the world. We are committed to sharing only high-quality content from the world's best trusted sources.

  • Terms and Conditions
  • Privacy Policy
  • DMCA
  • Disclaimer
  • Cookie Privacy Policy
  • Contact Us

© 2015 - 2022 Newszents - All contents Copyright Newszents. All rights reserved

No Result
View All Result
  • Home
  • Business
  • Economy
  • Finance
  • Fintech
  • Insurance
  • Market
  • Startups

© 2015 - 2022 Newszents - All contents Copyright Newszents. All rights reserved