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Prime Day Loses Its Spark as Sales Nosedive 41%

  • Amazon's Prime Day sales reportedly dropped 41% on the first day of the event compared to the previous year's two-day event.
  • Momentum Commerce's founder mentioned that consumers may be delaying purchases during the longer event to wait for better deals.
  • Amazon extended Prime Day to allow shoppers more time to discover deals, with more items being offered at 50% off or more than last year.
  • Adobe reported that Prime Day's eCommerce spend exceeded Thanksgiving 2024's figures, with a significant percentage of sales from mobile devices.

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