Cyber Monday

Cyber Monday is a term that was originally coined in 2005 by the website Shop.org.

It has since become one of the largest-growing online shopping holidays for consumers worldwide. Cyber Monday is often referred to as the “New Black Friday”, which falls on the Monday following Thanksgiving.

What is Cyber Monday?

Cyber Monday is an online consumer holiday that allows shoppers who are looking for goods from home to purchase items at a steep discount, often beating out traditional “Black Friday” sales. The shopping holiday itself gets it name as it refers to shopping exclusively from online retailers right from the comfort of consumer’s homes.

Popular Spots for Shopping

Consumers who enjoy spending money during Cyber Monday are most likely to visit Amazon, where they can purchase everything from clothing and household goods to brand new electronics. Amazon saw more than 35 million visitors in 2012 on their site during Cyber Monday, an increase of more than 36% from 2011 alone. Walmart’s official website brought in 18.6 million visitors, a 21% increase from 2012. Best Buy also had a 10% increase from 2012, with 9.3 million visitors recorded. Target had a 4% of visitor increase from 2011, with 8.7 million visitors during Cyber Monday. Additionally, J.C. Penney’s official website received more than 5.3 million visits in 2012.

What are Shoppers Buying?

Cyber Monday is best known for purchasing everything from electronics to home goods. In 2012, Digital Content and Subscriptions increased more than 25% in sales, making it the number 1 category for Cyber Monday. There was also a 21% increase in Toys & Hobbies, coming in at number 2.

Do’s and Dont’s of Cyber Monday

It is important to use as many coupons as possible when you are shopping during Cyber Monday, especially as many retailers allow you to combine coupons already in effect with the sales that are going on at the time.

It is essential to research all retailers you are interested in shopping from before making a purchase online to avoid counterfeit merchandise or thieves who are interested in your personal information and data.

Be sure to read product reviews and testimonials before making a purchase, even if the sale is extreme and a “steal”.

Infographic: Now Cyber Monday became the new Black Friday

Source: BestComputerScienceSchools.net

Cyber Monday Infographic
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