Logic Information Systems reposted this
Black Friday 2024 has been one for the record books. Here are some telling retail stats from Friday: • Shoppers spent a record $10.8 Billion online (double what consumers spent on BL in 2017) • Between 10 AM and 2 PM ET, $11.3 Million was spent online every minute • Retailers employing genAI had 9% higher conversion rate than those that didn’t • In the US, in-store traffic was down 3.2% from last year So, how did your org fare on Friday? Did your digital retail ecosystem help you achieve your goals, or did it stand in the way? The right technology foundation is essential for building sleek omnichannel experiences to meet rising consumer expectations for quick, seamless service. Logic Information Systems can help you get there. Meet with one of our retail experts at NRF next month and we can help you optimize your tech stack and achieve your business goals.