Australia's Black Five achieved outstanding results, with sales volume 298% higher than last year!


Author:Zeng Xuening
Source: ennews

According to FinTechKlarnaofThe latest survey shows that Australian consumers spent more thanIncrease by 298% in the same period of 2020!


Friday midnight to early morningThe sales between 1:00 am and 1:00 am were 399% higher than those in the same period at ordinary times.In the afternoon of Australia timeBetween 3:00 and 4:00, the sales reached the peak, 878% higher than the same period on Friday.Such impressive sales results have made many enterprises and merchants happy.


along withBNPL (buy first and pay later) is a popular payment method in the world, and many consumers in Australia also use this method to shop. Reduce the economic burden of shopping carnival by interest free installment.


According to statistics,Millennials between the ages of 25 and 40 are most likely to use the BNPL payment method to meet their shopping needs. In the Black Five, 54% of them buy goods through this payment method.


KlarnaIt said that the expenditure of clothing, shoes, jewelry and accessories, and leisure products was relatively large.According to the data of retail trade,Expenditure on clothing, footwear and accessories increased by 27.7% in October. Black Five also continued this upward trend.


There are also computers, electrical appliances, toys, cosmetics and other categories, which are also very popular among consumers in the Black Five Middle School.


On Friday, the Australian Retail Consortium predicted that local consumers would spend about$5.4 billion, and online sales will peak on Monday.


National Australia Bank(NAB) shows that Australians will spend about AUD5.5 billion during shopping, with a maximum of AUD1 million per minute.Rachel, Head of Personal Banking·SladeSaid that last yearOne sixth of the retail sales in November were generated during the four days from Black Five to Online One. With the economic recovery, it is expected that such sales will also occur this year.


Finder'sAccording to a survey35% of Australians say theytakeShopping on Black Friday and Online Monday.This also shows that Australian consumers are ready to spend on promotional holidays, so it is not surprising that they have such impressive sales results.


In addition, people like to buy Christmas gifts in advance during the discount season, so in Australia is also increasingly popular with local consumers.

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