With the shopping season just about in full swing, people are anticipating fabulous deals. Since its inception in 2005, Cyber Monday has fast become one of the hottest shopping days of the season. Online retailers slash prices on Cyber Monday to record lows thrilling consumers and boosting the economy with sales.
Last year was a record-breaking event for Cyber Monday. Shoppers showed their love for online shopping by turning out for the big event spending a record $3.45 billion surpassing their previous year by 12.1 percent. Cyber Monday even surpassed Black Friday sales, which sold $3.34 billion. It turned out to be the largest shopping spree in U.S. history. This indicates that online shopping is here to stay and consumers can expect more of the same great deals this year.
Holiday sales for 2017 are expected to increase by between 3.6-4.0% over 2016.
Some of the best deals from Cyber Monday last year are relevant to review since retailers tend to stick with the same or similar bargains each year. We know that technology items are hot sellers. Here are items that were offered for a great savings last year.
The iPhone 7 was offered at various retailers online for a reduced price. Some places knocked a whopping $100 off while Best Buy practically gave the phone away when you signed a two-year contract. This year expect to see specials on the iPhone X, which is scheduled to be released October 27th and/or the iPhone 8.
Amazon offered the PlayStation 4 for the low price of $249. In addition, the accessories and controllers were marked down significantly. The PlayStation 4 took the number 5 top selling place for Walmart.com as well.
Offered for just $249 at GameStop, the Xbox also made the top ten best-selling list for Amazon.
The iPad is an extremely popular and versatile gift for the holidays. Many sites knocked $100 off, and Target slashed the price from $599 to $449.
Asus gaming laptop
Amazon gave consumers $170 off this gaming laptop bringing the total to $829.99.
Aside from electronics, toys are always top sellers around the holidays, and Cyber Monday is no exception. Some of the most popular toys from last year’s sales were as follows:
- Lego Building Blocks
- Hasbro Nerf Dart Guns
- Mattel’s Barbie Dolls
- Fur Real Friends – My Walkin Pup Pet Plush
- Playskool Sesame Street Let’s Imagine Elmo
- Nerf N-Strike Elite: Strongman Blaster
- DJI Phantom Drone Quadcopter for GoPro
- Lego Giant Creative Tower
Of course, as technology, games, and toys change and evolve, so do the Cyber Monday deals. However, we can expect similar markdowns this year. Shoppers can be on the lookout for great specials in phones, technology, cameras, toys, and more. Here are a few top predictions for Cyber Monday 2017:
iPhone 8 or iPhone X
Expect for Apple to come through with a sweet deal on one or even both of these new phones.
With its release in September, Apple is sure to come through on Cyber Monday and offer a discount on this new cellular watch.
Samsung Galaxy 8 or Note 8
Samsung won’t drop the ball on competing for Cyber Monday sales. Expect to see drastic reductions on either of these phones.
PlayStation 4 Pro
Now that the latest version of the PlayStation is out, we can expect the deals to roll in just like last year. This was a top-selling item in 2016 and will likely be again.
Xbox One X
Microsoft released an all-new Xbox One X with transformative changes. This was a sellout item last year. Reductions and bundles are expected again this year.
With the new console and game system, Nintendo is a sure winner for reduced pricing.
Since Amazon frequently touts its own brand items, we can expect the Alexa assistant to be front and center with a special price that is irresistible.
If you are in the market for a new laptop, you’re sure to find a bargain through any one of the brands.
These represent several of the offerings consumers should expect to see on Cyber Monday 2017. Check in to our website often to find the latest news on price reductions, coupons, deals and more.