Amazon Prime Day powers biggest day for online spending

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Fox Business 22 June, 2021 - 05:57pm 21 views

What day is prime Day 2021?

When is Amazon Prime Day 2021? Prime Day 2021 ran between Monday, June 21, and yesterday, June 22. USA TODAYPrime Day 2021 is over, but you can still get tons of amazing Amazon deals—shop them all

Is Amazon Prime day over?

After 48 full hours, Amazon Prime Day 2021 is officially over. ... We hope you were able to find useful discounts among the speakers, laptops, LifeStraws, and other great deals we found sifting through Amazon. WIREDPrime Day 2021 Is Over: Here Are the 48 Best Remaining Deals

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Amplify ETFs CEO Christian Magoon discusses how COVID has impacted shopping habits, Amazon and other retailers. 

Online spending in the U.S. hit a one-day record high for the year on Monday, driven by the first of Amazon's two-day Prime Day sale events, according to the Adobe Digital Economy Index.

The commerce platform reported that total online sales surpassed $5.6 billion on June 21, making it the biggest day for online spending to date for 2021. But Amazon was not the only online retailer raking in the dough, as other firms offered deals to compete with the e-tailing giant. 

Large online retailers with more than $1 billion in annual revenue saw a 28% boost in sales during Prime Day's initial 24 hours, while retailers showing less than $10 million experienced a 22% increase.

"First day of Amazon Prime Day delivered effective gains for both large and small retailers while also becoming the biggest online shopping day in the U.S. so far this year at $5.6 billion," Adobe Vice President Jason Woosley said in a statement. "Overall, the first day of Prime Day successfully accelerated spending momentum for U.S. e-commerce to new heights, in an online retail environment that is already experiencing an elevated level of growth due to the pandemic."

Prime Day extended through Tuesday, with Amazon offering Prime members deals on more than 2 million items across all product categories. 

Final sales numbers will be available later in the week. 

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