Shopify Merchants Experience Record-Breaking Sales on Black Friday
November 25 2017 - 8:00AM
Business Wire
Sales topped $1,000,000 per minute at the day’s
peak
Shopify Inc. (NYSE: SHOP) (TSX: SHOP), the leading multi-channel
commerce platform, today announced its over 500,000 merchants
cumulatively experienced their highest Black Friday sales to date.
More than $1,000,000 in sales went through the platform per minute
at the peak, beating last year’s high of $555,716. The success
experienced by Shopify merchants emphasizes the impact North
America’s busiest shopping day can have on businesses of all
sizes.
Mobile continued to grow with 66% of orders being made with a
phone or tablet, up from 58% in 2016. Desktop sales accounted for
the remaining 34%, down from 42% in 2016. More than 600,000 pieces
of apparel, 360,000 accessories, and 210,000 houseware items were
purchased from Shopify merchants in a single day.
“Small businesses are the foundation of the global economy, and
the impressive amount of growth we saw on Black Friday goes to show
that more and more shoppers want to buy from independent
entrepreneurs,” said Harley Finkelstein, COO of Shopify. “Shopify’s
focus is to set up our merchants for success, especially during
this busy time of year. That’s why we provide them with resources,
tools and functionality to confidently grow their businesses and
produce stellar shopping experiences for their customers. The
results from this year propel us forward to keep making commerce
better for everyone.”
Additional Insights:
- Top Sellers: Shopify merchants in
California sold the most, with New York, Texas, Florida and Utah
rounding out the top five biggest sellers
- Top Shoppers: In the U.S., consumers in
California purchased the most from Shopify merchants followed by
New York, Texas, Florida and Illinois
- Shipping to Space: The total estimated
distance for all Black Friday packages to be shipped surpassed 5
billion miles, farther than Pluto is from Earth
- Thanksgiving Day Spending: Shopping
started early, with more than 2,800 orders per minute occurring at
the holiday’s peak
Shopify is sharing a global look at sales and trends occurring
over the Black Friday and Cyber Monday weekend on its Live Data
Dashboard. Check back over the weekend to get a look at worldwide
sales, which states are buying the most, and more.
About Shopify
Shopify is the leading cloud-based, multi-channel commerce
platform designed for small and medium-sized businesses. Merchants
can use the software to design, set up, and manage their stores
across multiple sales channels, including web, mobile, social
media, marketplaces, brick-and-mortar locations, and pop-up shops.
The platform also provides merchants with a powerful back-office
and a single view of their business. The Shopify platform was
engineered for reliability and scale, making enterprise-level
technology available to businesses of all sizes. Shopify currently
powers over 500,000 businesses in approximately 175 countries and
is trusted by brands such as Red Bull, Nestle, GE, Kylie Cosmetics,
and many more.
Shopify’s Black Friday data was based on sales experienced by
its more than 500,000 businesses in 175 countries around the world
on November 24, 2017. All data presented here is approximate and is
based on various assumptions. All data is unaudited and is subject
to adjustment.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20171125005039/en/
ShopifyErika Strong, 416-238-6705 x 302Product Public
Relationspress@shopify.com
Shopify (TSX:SHOP)
Historical Stock Chart
From Dec 2024 to Jan 2025
Shopify (TSX:SHOP)
Historical Stock Chart
From Jan 2024 to Jan 2025