Red Hot Penny launches live Black Friday spending tracker

As Black Friday looms and consumers either roll up their sleeves or roll their eyes, a creative ecommerce and digital retail agency has created a tool to track retail spending that is expected to break the £1bn mark.

Some retailers have decided not to take part in tomorrow's Black Friday – Asda and being notable examples – and the value of the pre-Christmas shopping event, an export from the US, has been questioned in some quarters.

Nonetheless, a wide variety of retailers are offering deals, and data from Experian says around £1.07bn of transactions should go through across the UK tomorrow.

From midnight, the agency Red Hot Penny will be using Experian data to track Black Friday spending via a newly launched microsite – which can itself be embedded into other blogs and websites – and compares spending with Wayne Rooney's annual salary, and the cost of the London Eye. It will use publicly-available data from Experian.

David Schulhof, digital marketing director at Red Hot Penny, said: "Black Friday has become an iconic event over the past couple of years and for nearly all of our clients it has turned into a big revenue driver and something that we plan for, weeks if not months in advance.

"We wanted to mark this milestone with a creative content piece that we hope people will find interesting and gasp at the amount of money being spent per second, minute and hour."

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