Salesforce (NYSE: CRM), the global leader in CRM, today released its Cyber Week insights, analyzing the global shopping behavior of more than one billion global shoppers on the Salesforce Customer 360 platform.
Overall, global online sales hit a new record with USD 270 billion, up 36 percent compared to 2019. With new online shopping behaviors driven in part by the COVID-19 pandemic and reduced store holiday hours and traffic, consumers flocked online over Cyber Week and pushed digital sales to new heights.
Top Salesforce 2020 Holiday Shopping Insights
With Commerce Cloud already operating at holiday 2019 levels since April, the platform supported even greater scale throughout Cyber Week, seeing 50 percent digital sales growth compared to last year.
With earlier shipping cutoff dates and 700 million packages expected to face shipping delays, retailers that combine the confidence of ordering online with the convenience of local and safe pickup options will continue to see strong digital revenue growth throughout the remainder of the season. Salesforce customers around the globe leveraged curbside pickup this year, resulting in 95% percent digital revenue growth compared to 2019.
Salesforce Powers the Holiday Season
This year, Salesforce helped retailers around the world double down on digital as the pandemic moved shoppers out of stores and into the world of ecommerce. Powering its customers through a record Cyber Week, Salesforce customers drove more than 31 million orders, including by growing digital orders by 62 percent, and marketing emails by 9 percent, year-over-year during Cyber Week
With more consumers shopping online, delivering fast, easy, and personalized digital experiences is more important than ever and was made possible by:
“We are blown away by the record growth driven by our customers this holiday season,” said Adam Blitzer, EVP & GM, Salesforce Digital. “The Salesforce Customer 360 delivers a scalable platform that enables our global customers to deliver personalized digital experiences. This powerful combination resulted in millions of orders placed and billions of dollars transacted for our customers around the world.”
To help retailers and brands benchmark holiday performance, Salesforce combined data and holiday insights on the activity of over one billion global shoppers across more than 40 countries powered by Commerce Cloud, billions of consumer engagements and millions of public social media conversations through Marketing Cloud, and customer service data powered by Service Cloud. Several factors are subsequently applied to extrapolate projections and actuals for the broader retail industry.
To qualify for inclusion in the analysis set, a digital commerce site must have transacted throughout the analysis period, in this case July 1, 2018 through November 30, 2020, and meet a monthly minimum visit threshold. Additional data hygiene factors are applied to help ensure consistent metric calculation.
The Salesforce holiday predictions are not indicative of the operational performance of Salesforce or its reported financial metrics including GMV growth and comparable customer GMV growth.