Cyber Monday

#cybermonday

Cyber Monday is a marketing term for the Monday after the Thanksgiving holiday in the United States. The term "Cyber Monday" was created by marketing companies to persuade people to shop online. The term made its debut on November 28, 2005, in a Shop.org press release entitled "'Cyber Monday Quickly Becoming One of the Biggest Online Shopping Days of the Year". According to the Shop.org/Bizrate Research 2005 eHoliday Mood Study, "77 percent of online retailers said that their sales increased substantially on the Monday after Thanksgiving, a trend that is driving serious online discounts and promotions on Cyber Monday this year". In 2014, Cyber Monday online sales grew to a record $2.68 billion, compared with last year's $2.29 billion. However, the average order value was $124, down slightly from 2013's $128. The deals on Cyber Monday are online-only and generally offered by smaller retailers that cannot compete with the big retailers. Black Friday generally offers better deals on technology, with nearly 85% more data storage deals than Cyber Monday. The past Black Fridays saw far more deals for small appliances, cutlery, and kitchen gadgets on average than Cyber Monday.

Top Trending News Videos for #cybermonday  (Personalize)

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    • Save Me Steve: Avoid these holiday shopping scams
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    • Consumer spending tops new record in Cyber Monday sales
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    • Charities feel strain from inflation and pandemic
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    • How Amazon braces for Cyber Monday
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    • Online tools abound to help shoppers find holiday deals
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    • Beware of porch pirates on what could become “Taking Tuesday”
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    • Save big on flights, hotels this 'Travel Deal Tuesday'
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    • Giving Tuesday: Local organizations hope generosity will keep them going
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    • Cyber Monday safety tips for online shopping
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    • Cyber Monday expected to surpass Black Friday sales
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    • Cyber Monday Safety
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    • Record online Cyber Monday sales expected as shoppers look to save amid high inflation
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    • Cyber Monday across Acadiana
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    • Some Rockford shoppers, retailers mixed on Cyber Monday
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    • BBB offers up advice amidst Cyber Monday shopping
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    • This past Cyber Monday expected to break record
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    • Elena Duque Beauty Cyber Monday
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