BigCommerce announced that merchants on the platform have once again set a record for sales , achieving growth against the trend despite the first decline in total online e-commerce sales in the United States .
Over the past two years, BigCommerce platform merchants have seen Cyber Monday sales grow 103%. While growth has slowed this year, BigCommerce merchants’ gross merchandise volume (GMV) continues to grow at a double-digit rate, up 15% year over year.
According to data released by BigCommerce, looking only at same-store sales of stores opened a year ago, its GMV increased by 10%; the average order value (AOV) increased from US$144 to US$159; and the order volume increased by 20% year-on-year. During the holiday peak season, BigCommerce ranked first in GMV on Cyber Monday , and Black Friday had the highest order volume.
BigCommerce platform health and beauty products on the entire network on the first day of the year GMV increased by 30% year-on-year, outperforming other platforms. Followed closely by fashion and jewelry products, GMV increased by 16% year-on-year.
Compared with Cyber Monday 2020, GMV in all regions of the BigCommerce platform has achieved continued growth, among which Asia Pacific (APAC) is in the lead, with GMV increasing by 40% year-on-year and order volume increasing by 42% year-on-year, the largest growth among all regions.
In addition, during Cyber Monday, GMV for buy now, pay later solutions grew 39% year-on-year; mobile orders grew even stronger this year, accounting for 42% of all Cyber Monday orders. GMV for social commerce channels grew 98% year-on-year, with Facebook accounting for the largest share during Cyber Monday. Facebook remains the king of social commerce, with the highest percentage of Cyber Monday social commerce sales, and fashion and jewelry were the hot categories on Facebook.
“ Despite a slight industry-wide decline, we’re excited to see BigCommerce merchants experience another year of positive growth in Cyber Monday sales. Merchants faced obstacles ranging from supply chain disruptions and high shipping costs to brick-and-mortar store reopenings and performed well during the biggest eCommerce holiday season to date. BigCommerce will continue to play a leading role throughout the holiday shopping season,” said Meghan Stabler, VP of Global Product Marketing at BigCommerce. BigCommerce Net One GMV |
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