Here are some important aspects which you need to know about Cyber Monday. Starting with the history, I have something interesting to share with you all. Let’s take a look-
In November 2004, retail industry researchers identified unusual online sales activity on the Monday after the Thanksgiving holiday. Specifically, researchers found that Internet shopping on this day increased by 78% in 2004 over the previous year. To create extra buzz and publicity, Shop.org, a division of the National Retail Federation, coined the term “Cyber Monday” in 2005.
Celebrated on the first Monday after Thanksgiving, Cyber Monday works on the same principle as Black Friday, except that it occurs online only. The sale/ discounts promote people to shop online instead of shopping from brick and mortar stores. One of the first things shoppers do is hunting for the best deals. Many of them have been saving their pennies to splash out on some great and exciting Cyber Monday Deals.
The quest for the best online shopping deal really took off in earnest in the middle of the first decade of this century. During that time stores began to notice a drop off in holiday traffic. By the end of the season, large retail chains found that their profits weren't affected by the drop in holiday traffic. Upon analyzing the data, those retailers came to realize that shoppers were beginning to avoid the mall, opting instead to use their computers to locate the best buy. Cyber Monday was born.
What is Cyber Monday?
Cyber Monday is the Monday following Black Friday (a day after Thanksgiving). People go shopping this day and as a result there are many great deals offered by many shopping websites. Cyber Monday Deals gives shoppers a great opportunity to grab attractive deals on any of their most liked products which they might have missed during Black Friday. Cyber Monday sale brings exciting opportunities for people who avoid standing in long lines. This year Cyber Monday sale falls on November 30 when all online stores get ready to roll out deals on hourly or first come- first serve basis.
Cyber Monday is biggest US shopping day ever
In the US Cyber Monday online sales grew 15% compared to 2013, making it the biggest day in US online shopping history. The concept of Cyber Monday originated in the year 2005 and spread across countries as UK, Canada and Germany. It is estimated that about 100 million Americans shop on Cyber Monday. Various online stores including Skiviez.com offer great deals by celebrating Cyber Monday festival.
Holiday Shoppers Switching To Cyber Monday Sales
Cyber Monday shoppers are very clear about why they like the day. More than 40% of time-strapped shoppers said the 24-hour convenience is their highest priority. Many other listed their desire to avoid the crowds on Black Friday as their primary reason for shopping online. Nearly a third of online shoppers said they like the ability to easily compare prices. A few online shoppers said they would buy less, thanks to expensive shipping charges, not being able to see or handle their purchase ahead of time, and having to wait for it to be shipped.
Shoppers are using social media more than ever. Nearly one third said they would go to a company's Facebook page to get additional information about Cyber Monday sales. Twice as many would look at customer reviews on the company's website before buying any products or services.
Shopping on Cyber Monday Sale
A report from comScore has recorded an expenditure of $ 1.735 billion from last year’s Cyber Monday online holiday shopping alone. Sale on this day is expected to grow by 15 percent. Amazon UK and Adobe have made a similar prediction, with the former claiming it “will be the biggest day ever for online retailers”.
4 Reasons to Shop Cyber Monday
- It’s easier and faster.
- If you were busy with family or travel on Thanksgiving Friday and missed the in-store sales, Cyber Monday gives you another opportunity to take advantage of reductions.
- You can easily compare prices online.
- You can shop in anytime, anywhere.
Are you ready?
All those out there, now you need to make sure to take the advantage of Cyber Monday Deals by signing up for email alerts on money saving deals. Get a jumpstart on the holiday shopping season by making a list, setting a budget and visiting your site.
This year, the holiday shopping extravaganza is going to be much bigger with great deals on different products at stores like Amazon, Walmart, Best Buy, Skiviez, NewEgg, Tiger Direct and so on.
There is another important point to note about Cyber Monday Sales which you must take care of. Although the Cyber Monday is limited for that specific day but you must understand that the peak timing to shop are from 6am in the morning, lunch breaks and evenings after you finish your task and before you leave from work.
So, if you are ready to grab the best, then it’s time to prepare yourself for the shopping season with Cyber Monday Sales.