GoPro Posts Record Online Sales From Black Friday-Cyber Monday

GoPro  (GPRO) – Get Report shares rose on Thursday after the video-products company reported record online sales for the Black-Friday-to-Cyber-Monday period.

That pushed its subscriber count above 670,000, GoPro said. 

“GoPro.com performed as we expected, handily breaking sales records over the Black Friday-Cyber Monday period, thus ensuring we’ll finish the year with well over 700,000 subscribers,” Founder and Chief Executive Nicholas Woodman said in a statement.

GoPro ended the third quarter with 501,000 subscribers, up 35% sequentially and 65% from a year earlier.

“We are confident about our ability to exit 2020 with low channel inventory and a promising outlook for 2021,” Woodman said. 

GoPro also said this week that its camera sales have exceeded 40 million since the debut of its first high-definition model in 2009.

The company’s stock recently traded at $8.11, up 4.1%. It has surged 87% year to date. A month ago it touched

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Okta Projects Sales Topping Estimates on Remote-Work Demand

(Bloomberg) — Okta Inc. gave a revenue forecast for the current quarter that topped analysts’ estimates, signaling steady demand for its identity software while corporate employees log on to work from home during the pandemic.



A woman works at a desktop computer alongside an Apple Inc. laptop in a home office in this arranged photograph taken in Bern, Switzerland, on Saturday, Aug. 22, 2020. The biggest Wall Street firms are navigating how and when to bring employees safely back to office buildings in global financial hubs, after lockdowns to address the Covid-19 pandemic forced them to do their jobs remotely for months.


© Photographer: Stefan Wermuth/Bloomberg
A woman works at a desktop computer alongside an Apple Inc. laptop in a home office in this arranged photograph taken in Bern, Switzerland, on Saturday, Aug. 22, 2020. The biggest Wall Street firms are navigating how and when to bring employees safely back to office buildings in global financial hubs, after lockdowns to address the Covid-19 pandemic forced them to do their jobs remotely for months.

Sales will be as much as $222 million in the period ending in January, the San Francisco-based company said Wednesday in a statement. Analysts, on average, estimated $216.7 million, according the data compiled by Bloomberg. In the current fiscal year, Okta raised its projected

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SponsorsOne Assembles Management “Dream Team” For Craft Alcohol Product Development, Branding, Marketing, Sales and Distribution

The MarketWatch News Department was not involved in the creation of this content.

December 02, 2020 (ACCESSWIRE via COMTEX) —
Former COO of Skyy Vodka to Oversee Product Sales & Distribution; Brand Development And Marketing Team Leader’s Clients Including Iconic National Brands; And Product Design, Development And Production Leader Developed National Private Label Brands For Trader Joes And Safeway, Restaurant Depo.

WATERLOO, ON / ACCESSWIRE / December 2, 2020 / SponsorsOne Inc., (CSE:SPO)(FSE:5SO)(OTC PINK:SPONF), a company that utilizes its proprietary platform that combines digital marketing, wholesale and retail distribution, branding, and operational & funding capital, giving it a competitive first-mover advantage in rapidly selling proprietary brands focused in the Alcohol, Functional Beverage and Hemp Sectors, announced today the top management team building these breakthrough Brands in house at SponsorsOne.

Mr. Kevin Swadish, the Former COO Of Skyy Vodka, is to oversee Product Sales & Distribution; Mr. Ricardo Camargo, the Company’s

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SponsorsOne Assembles Management “Dream Team” for Craft Alcohol Product Development, Branding, Marketing, Sales and Distribution.

The MarketWatch News Department was not involved in the creation of this content.

Former COO of Skyy Vodka to Oversee Product Sales & Distribution; Brand Development And Marketing Team Leader’s Clients Included Iconic National Brands; And Product Design, Development And Production Leader Developed National Private Label Brands For Trader Joes And Safeway, Restaurant Depo.

Waterloo, Ontario – TheNewswire – December 2, 2020, SponsorsOne Inc., (CSE:SPO) (Frankfurt:5SO), (OTC:SPONF) (CNSX:SPO.CN), a company that utilizes its proprietary platform that combines digital marketing, wholesale and retail distribution, branding, and operational & funding capital, giving it a competitive first-mover advantage in rapidly selling proprietary brands focused in the Alcohol, Functional Beverage and Hemp Sectors, announced today the top management team building these breakthrough Brands in house at SponsorsOne.

Mr. Kevin Swadish, the Former COO Of Skyy Vodka, is To Oversee Product Sales & Distribution; Mr. Ricardo Camargo, the Company’s Chief Branding Officer, will oversee Brand

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Cyber Monday Online Sales Hit $10.8 Billion [Infographic]

When Americans first started celebrating Thanksgiving in the 19th century, it served as an opportunity for people to cherish the year’s blessings, especially the harvest. While the modern iteration of the holiday certainly serves as an important family get-together, it has also grown into a massive shopping extravaganza. This year’s splurge has once again broken all sorts of e-commerce records with shoppers opting to spend their money online and avoid physical stores due to the Covid-19 pandemic. An analysis by Adobe
ADBE
Insights has found that e-commerce spending amounted to a whopping $34.4 billion during the five-day Thanksgiving break including $10.8 billion on Cyber Monday.

That marks a 15.1% increase on last year’s $9.4 billion, making Cyber Monday 2020 the largest online shopping day in U.S. history. Adobe noted that FOMO – “fear of missing out” – hit consumers hard with the golden hour of retail between 7pm and 11pm

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Amazon Web Services has created a new ‘inside sales’ team

  • Amazon Web Services has created a new sales team responsible for deepening its relationship with customers — more specifically, helping sell more cloud services.
  • Inside sales representative share sales quotas with account managers and are an addition to customer account teams, meant to expand AWS’s reach, according to one company insider.
  • The new team is run by former Comcast VP Mike Eastman, director of Americas inside sales, who joined the company in September in Matt Garman’s sales and marketing organization, according to an org chart viewed by Business Insider.
  • Microsoft has long held up its deep relationships with its customers as an advantage in the cloud wars, where it’s considered a strong second-place player to Amazon Web Services.
  • Are you a Amazon Web Services employee? Contact reporter Ashley Stewart via encrypted messaging app Signal (+1-425-344-8242) or email ([email protected]).
  • Visit Business Insider’s homepage for more stories.

Amazon Web Services has created

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Small businesses who pivoted to e-commerce saw record sales during Black Friday weekend

Almost one-quarter of small businesses closed their doors during the pandemic — but for the few who survived, and pivoted to online sales, Black Friday weekend provided a much-needed boost.

Over the course of the holiday season so far, small retailers have seen an average 110 percent increase in online sales, according to Adobe Analytics.

“That was pretty heartening to see,” said Vivek Pandya, a senior digital insights manager with Adobe Analytics. “There has been a lot of demand and a lot of opportunity for retailers of all sizes to support shopping demand online.”

Small businesses have long made ends meet by offering unique in-store experiences. The pandemic changed that.

“Brick and mortar was our strength, and the website [used to be] just a marketing tool,” said Brian Miller, president of Geppetto’s, a San Diego, California-based toy store. “But when Covid-19 happened, we enhanced the website and improved it and

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Industrial Networking Solutions Market 2020 provides an in-depth insight of Sales and Trends Forecast to 2023

The MarketWatch News Department was not involved in the creation of this content.

Dec 01, 2020 (AmericaNewsHour) —
Kenneth Research has recently added a market research study on Industrial Networking Solutions Market 2023 which provides a complete comprehensive analysis including the data by Segmentations, by Geography and as well as the competitive landscape of the top 10 Vendors in this market

In 2018, the worldwide GDP stood at USD 84,740.3 Billion as compared to the GDP of USD 80,144.5 Billion in 2017, marked a growth of 5.73% in 2018 over previous year according to the data quoted by International Monetary Fund. This is likely to impel the growth of Industrial Networking Solutions Market over the period 2019-2026. As per the Eurostat, the total value of the ICT sector in Europe, including the ICT manufacturing and ICT services, was estimated to be more than EUR 475 billion in 2017

Market Synopsis

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Amazon Cyber Monday Deals 2020: TV, Laptop, and Headphone Sales

Digital Trends may earn a commission when you buy through links on our site.

The Amazon Cyber Monday sale is now, with some of the best deals we’ve seen so far. You can dive right into the full sale, or you can jump to one of the categories below:

Shop sale by category:

If you aren’t sure what you’re looking to buy, you can browse our picks for the best discount from the Amazon Cyber Monday sale going on right now. The site is offering a wide range of price cuts, from air fryers to computer monitors, so if there’s a lot to choose from in 2020. You can also take a look at our coverage of the Best Buy Cyber Monday sale or shop our larger list of Cyber Monday sales.

Best Amazon Cyber Monday deals today

The hottest deals for today are on Amazon Echo devices, Fire TV

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Shopify Posts Record Black Friday Sales of $2.4 Billion

Online-shopping host Shopify  (SHOP) – Get Report posted record Black Friday global sales of $2.4 billion as concern about the coronavirus pandemic had vast numbers of consumers choosing e-commerce over brick-and-mortar shopping.

Shares of the Ottawa commerce platform at last check rose 1% to $1,045.12.

The company said that from the start of Black Friday in New Zealand through the end of Black Friday in California, Shopify-powered businesses saw a 75% increase in sales from Black Friday in 2019.

New York, London, and Los Angeles were the top-selling cities worldwide on Black Friday, Shopify said. Top-selling countries included the U.S., U.K., and Canada.

By 8 a.m. Monday U.S. Eastern, merchants on Shopify collectively had crossed $1 billion in sales.

Top product categories globally during Black Friday were apparel and accessories, followed by health and beauty and home and garden.

Sales on Black Friday were made two-thirds (67%)

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