27.5 C
Dubai
Thursday, November 21, 2024
spot_img

Middle East and North Africa (MENA) Consumers Increased Spending by 40% During White Friday Week

A recent report sheds light on the significant surge in customer spending, revealing a 40% increase in the Middle East and North Africa (MENA) region during White Friday compared to a quieter period. The analysis by the Admitad affiliate network highlights the most active purchasing categories, encompassing clothing, footwear, electronics, household goods, toys, and beauty products.

Global Records vs. Slowing Excitement

While global online sales during White Friday achieved records, data suggests a gradual decline in excitement around the annual sale. Marketplaces continue to dominate, securing over 67% of online orders during White Friday week, with major product categories experiencing notable growth.

Key Categories and Growth Trends: North Africa (MENA)

Breaking down the sales landscape, tools, toys & hobbies, electronics, sports & entertainment, home & garden, and automobiles emerge as major product categories witnessing substantial growth during the period. Cashback services maintain significance, influencing over 20% of online purchases.

Diverse Contribution Sources: North Africa (MENA)

Content platforms and online media, coupled with the increasing popularity of affiliate marketing, play a crucial role in generating over 19% of all White Friday orders. The report underscores the need for brands to assess the results of Single’s Day and White Friday in preparation for upcoming sales events, with New Year sales on the horizon.

Also Read
Prince Harry Appeals UK Government’s Decision to Remove His Security Detail

Geminids Meteor Shower: Anticipate 120 Shooting Stars Per Hour Illuminating the UAE Sky

Related Articles

Gusteau Foods Transforming the Food Industry with Passion and Innovation

In a world where the demand for convenience and quality often seem at odds, Gusteau Foods Pvt Ltd, led by the visionary entrepreneur Karthick...

With an eye towards its IPO on Nasdaq and Euronext, AAD Invest Group finalizes a EUR 75 million funding agreement with Global Emerging Markets...

AAD Invest Group finalizes a EUR 75 million funding agreement with Global Emerging Markets (GEM) About AAD Invest Group – Nov 2024 Founded in January 2024...

The Banyan Tee – Merging Fandom, Innovation, and Ethics in Fan Merchandise

In an era where fan culture shapes much of our identity and lifestyle, The Banyan Tee offers a unique approach, combining sustainability with a...

BRICS+ Set to Outpace G7 by 2026: A New Era of Economic Power and Global Influence

BRICS+ group, consisting of Brazil, Russia, India, China, and South Africa, alongside a handful of newly integrated nations, is on the brink of a...

From Seed to Superfoods The Inspiring Journey of Bharat Budhiraja and Urbana Superfoods

In a world teeming with fast-paced food trends, Bharat Budhiraja is charting a unique path with his brand, Urbana Superfoods, owned by Krish Perennials Pvt....

Latest Articles