What is Cyber Monday?

QuestionsCategory: ShoppingWhat is Cyber Monday?
Daniel Lisa Staff asked 1 year ago
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1 Answers
Anvi Staff answered 1 year ago

Cyber Monday is an online shopping event that takes place on the Monday after Thanksgiving in the United States. It’s known for offering significant discounts and deals on various products and services, particularly in the e-commerce realm. Shoppers can find discounts on items ranging from electronics and gadgets to clothing and household goods. Cyber Monday has become increasingly popular in recent years as more people prefer to shop online and take advantage of the deals offered by retailers during this event.

Here are 10 facts about Cyber Monday:

Origin: Cyber Monday was coined by Ellen Davis and Scott Silverman in 2005 when they noticed a significant increase in online sales on the Monday after Thanksgiving.

Timing: Cyber Monday always falls on the Monday following the Thanksgiving holiday in the United States.

Online Focus: Unlike Black Friday, which typically involves both online and in-store sales, Cyber Monday is exclusively focused on online shopping.

Busiest Online Shopping Day: Cyber Monday consistently ranks as one of the busiest online shopping days of the year.

Sales Growth: Over the years, Cyber Monday sales have experienced substantial growth, with retailers offering attractive deals and discounts to attract customers.

Mobile Shopping: With the rise of mobile devices, Cyber Monday has seen an increasing number of shoppers making purchases through smartphones and tablets.

Global Reach: Although it originated in the US, Cyber Monday has gained popularity worldwide, with many countries participating in the online shopping event.

E-commerce Sales Boost: Cyber Monday contributes significantly to the overall boost in e-commerce sales during the holiday season.

Record-Breaking Sales: Each year, Cyber Monday breaks previous sales records as more people embrace online shopping.

Extended Sales: In recent years, retailers have extended Cyber Monday deals beyond a single day, with some offering Cyber Week sales to cater to the demand for online shopping during the holiday season.

 

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