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JOIN THOUSANDS OF MONEY SAVING EXPERTS

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According to Adobe Analytics, US shoppers spent a record $11.8 billion online, up a spicy 9.1% from last year (which breaks down to an insane $12.5 million per minute.) ๐Ÿคฏ

Meanwhile, Mastercard says in-store sales rose 1.7%, with foot traffic up just over 1%.

Yes, online shopping remains the elite choice, nothing new here.

And thereโ€™s also the โ€œlimited timeโ€ factor (or lack of) as Black Friday is no longer a โ€œFridayโ€ situation. Now itโ€™s Black Weekโ€ฆ Black Monthโ€ฆ Black Infinity Warโ€ฆ whatever. ๐Ÿ–ค

Unlike the good ole days, retailers are now dropping โ€œearly Black Friday dealsโ€ before Halloween decorations go on clearance. And consumers, now glued to one screen or another, think it's Christmas season every other week.

But the biggest twist this year is thanks to yours truly, AI (because of course). In addition to intruding into every other aspect of our daily life, AI has now basically became everyoneโ€™s personal shopping sidekick. ๐Ÿค–

Chatbots, auto price-comparison tools, personalized discount finders โ€” all of it boosted traffic by 805% year-over-year, according to Adobe. Walmartโ€™s Sparky and Amazonโ€™s Rufus basically became holiday elves this year, whispering โ€œpsst, the LEGO set is cheaper here.โ€

And it worked!

Globally, AI is credited with influencing $14.2 billion in online sales, with $3 billion of that happening in the US alone.

However, thereโ€™s a catch. Higher prices and tariffs meant people bought fewer items, even though spending rose. Discounts definitely werenโ€™t as juicy as last year, and shoppers definitely noticed.

And now, all eyes are on Cyber Monday. ๐Ÿ’ป

Analysts say its projected to hit $14.2 billion, making it once again the biggest online shopping day of the year, and giving us a clearer picture the economic state of mind.

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JOIN THOUSANDS OF MONEY SAVING EXPERTS