Cyber Monday, however, proved too alluring a coinage to debunk, and the media ran with it. Retailers helped make it a self-fulfilling prophecy by extending sales from Black Friday over the holiday weekend and into the following Monday. An alert said high traffic was causing delays. Using credit cards exclusively for online shopping is recommended because credit cards often offer heightened security features that debit cards do not.
Advertisement
Online shopping is taking its toll on brick-and-mortar shopping.
Kmart is participating in “cyber week” with major discounts on TVs, toys, jewelry, small kitchen appliances and more. About $4.47 billion were spent online on Thanksgiving Day and Black Friday combined, 18 percent more than past year, according to Adobe. Many experts believe that’s because so many people are opting to shop online instead.
If you miss both Black Friday and Cyber Monday, you’ll still have a chance for some blockbuster bargains during Cyber Week. Online sales make up 10 percent of overall retail sales, but that increases to 15 percent during the holidays as online shoppers snap up Black Friday and Cyber Monday deals, according to research firm Forrester.
Department chain John Lewis said that this year’s Black Friday saw its biggest ever single-day trade, up 11.9% compared with last year, mainly driven by sales on its website. Adobe expects online sales to rise 12% year over year to $3 billion on the day.
Not only did the early sales figures for Black Friday show a dramatic decrease in the number of shoppers and total sales, but preliminary Cyber Monday sales estimates in the United States suggest that Cyber Monday will once again be one of the best revenue days for retailers during the holiday season.
“Eight Days of Deep Cyber Savings” until December 5. It also is offering more than 150 app-only lightning deals to encourage mobile shopping.
Luckily for shoppers, there are some pretty sweet Cyber Monday deals on the docket this year. Here are three reasons buyers should beware on Cyber Monday.
Walmart has a wide variety of cyber deals.
Some stores don’t allow for buyer’s remorse on Cyber Monday deals, in part to keep from selling out of things as people load up their online carts with anything and everything they might want.
It has never been clear if Cyber Monday is an unusually popular day for shopping on the internet. Those people with dial-up modems waited until they got to work on Monday morning and used the high-speed connections at work to facilitate their Christmas shopping.
Most of her shopping is done online via her iPhone and laptop, she said.
Diane Boral, 33, from Oxnard, California, scoured sites for deals ranging from 20 percent to 75 percent off and ended up buying toys, games and clothes at Kohl’s site, which offered free shipping and 20 percent off.
Advertisement
“I have more time to browse for items”, online, she said.
