Online retailers are gearing up for the holiday season and plan to increase their digital marketing and advertising and offer online promotions earlier as their key strategies to increase sales.
"We've seen online shopping start earlier in the holiday season the last few years, and consumers have become much more active on mobile devices. While Cyber Monday was the biggest online shopping day in 2015 according to our same-store sales data, consumers were much more active on Thanksgiving than past years," said ChannelAdvisor Executive Chairman Scot Wingo.
"It's increasingly competitive for retailers to earn their share of consumers' wallets, and this survey shows that retailers are being proactive by offering up more promotions, boosting ad spend and beginning their holiday promotions right now."
The Ecommerce Holiday Season Survey 2016 indicated the holiday season is absolutely critical to retailers and revealed several key findings: