Black Friday Google trends show us anything – read to find out
And while massive amounts of store foot traffic is nothing new, the way consumers search and shop on their mobile devices is a relatively new phenomenon. In fact, 76% of people who search for nearby products on their smartphones end up visiting brick-and-mortar businesses within a day.
Warren Buffett: If You Own A Good Business, Keep It
Buying private businesses is easier than acquiring public firms, and investors should avoid selling good investments at all costs, according to the Oracle of Omaha, Warren Buffett. Q2 2020 hedge fund letters, conferences and more In an interview with CNBC in March 2013, Buffett was asked if he was looking at any businesses, in particular, Read More
The folks at Think With Google have crunched the numbers to see if there is any interesting correlations between mobile searches and location data. Their findings are below, and it may be interesting to compare their predictions to your own family’s activities this weekend.
1. Even though foot traffic peaks at 6pm on Thanksgiving day to kick off early Black Friday deals, the shopping actually starts much earlier. Mobile searches happen throughout the day for deals, and 59 percent of them happen before stores even open.
2. On Black Friday itself, foot traffic peaks between 12pm and 4pm, but mobile searches remain very constant throughout the day. Peak time for mobile searches is at 8pm, which seems a little counterintuitive.
3. New Englanders are the most hardcore Black Friday shoppers. By 10am on Black Friday, more than one-quarter of New England shoppers have already visited a store. The rest of the country lags behind by about an hour.
4. Women buy early and often, and men wait until the last minute. During the whole holiday season, women buy twice as much as men. It’s only the week before Christmas that men are more likely to complete holiday purchases.
But that not all – using Google trends Visual Capitalist has an infographic looking at some of these trends.
See the Black Friday google infographic below
Black Friday Google