Cyber Monday is a marketing term for e-commerce transactions on the Monday after Thanksgiving in the United States. It is one of the biggest shopping days of the year, alongside Black Friday. Cyber Monday was created by retailers to encourage people to shop online. The term was coined by Ellen Davis of the National Retail Federation and Scott Silverman, and 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".
Cyber Monday has become so popular that it is now celebrated in many other countries around the world, including Canada, the United Kingdom, Australia, and Germany.
In 2023, Cyber Monday sales in the United States reached a record-breaking $10.7 billion. This was up from $10.3 billion in 2022.
Cyber Monday is a great time to find great deals on a wide variety of products, including electronics, clothing, toys, and home goods. Many retailers offer special discounts and promotions on Cyber Monday, so it is a great opportunity to save money on your holiday shopping.
Here are some tips for shopping on Cyber Monday:
- Start planning early: Make a list of the items you want to buy and set a budget.
- Shop around: Compare prices from different retailers to find the best deals.
- Be prepared to act quickly: Some deals may sell out quickly, so be prepared to check out as soon as you find a deal you want.
- Beware of scams: Only shop from reputable retailers and be sure to read reviews before making a purchase.
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