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Inside Alibaba’s $14 Billion Sales Day

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China’s “Singles Day” is five times bigger than America’s “Cyber Monday”.

So what were your sales like on November 11? Would it amaze you to learn that Alibaba sold a record-breaking $14.3 billion in merchandise during that single 24-hour period? Last year, the company’s sales on that date – “Singles Day” in China, sort of the anti-Valentine’s Day, and historically the biggest online shopping day in the world — amounted to $9 billion, so maybe the Chinese are shopping again. Business Insider has photos of what it looks like to ship 310 million delivery orders. Perhaps the most shocking statistic of all? Nearly 70% of those millions of purchases were made on mobile phones.

Read more and see images at Business Insider

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Looking for a Seamless Sale? Call Wilkerson

After almost 60 years in business, Breakiron Jewelers in Erie, Pennsylvania, was closing its doors. And the store’s owner, Linda Breakiron, was ready for it. She had run the store as its sole owner since the beginning of the millennium and was looking forward to a change. Of course, she called Wilkerson. Breakiron talked to other jewelers who had used Wilkerson and was satisfied with their response. “They always had positive feedback,” she recalls. With the sales, marketing and even additional inventory that Wilkerson provided, Breakiron insists she could never have accomplished her going-out-of-business sale without Wilkerson’s help. She’s now ready for the journey ahead, but looking back, she’d be sure to recommend Wilkerson. “They just made the whole process very seamless.”

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Inside Alibaba’s $14 Billion Sales Day

mm

Published

on

China’s “Singles Day” is five times bigger than America’s “Cyber Monday”.

So what were your sales like on November 11? Would it amaze you to learn that Alibaba sold a record-breaking $14.3 billion in merchandise during that single 24-hour period? Last year, the company’s sales on that date – “Singles Day” in China, sort of the anti-Valentine’s Day, and historically the biggest online shopping day in the world — amounted to $9 billion, so maybe the Chinese are shopping again. Business Insider has photos of what it looks like to ship 310 million delivery orders. Perhaps the most shocking statistic of all? Nearly 70% of those millions of purchases were made on mobile phones.

Read more and see images at Business Insider

Advertisement

Advertisement

SPONSORED VIDEO

Looking for a Seamless Sale? Call Wilkerson

After almost 60 years in business, Breakiron Jewelers in Erie, Pennsylvania, was closing its doors. And the store’s owner, Linda Breakiron, was ready for it. She had run the store as its sole owner since the beginning of the millennium and was looking forward to a change. Of course, she called Wilkerson. Breakiron talked to other jewelers who had used Wilkerson and was satisfied with their response. “They always had positive feedback,” she recalls. With the sales, marketing and even additional inventory that Wilkerson provided, Breakiron insists she could never have accomplished her going-out-of-business sale without Wilkerson’s help. She’s now ready for the journey ahead, but looking back, she’d be sure to recommend Wilkerson. “They just made the whole process very seamless.”

Promoted Headlines

Most Popular