A penny saved is a penny earned! Did you know there are internationally recognized days that you can bag holiday gifts at the best discounts? Introducing Cyber Monday.
What is Cyber Monday?
Cyber Monday is an online international shopping spree day which comes at the first Monday after Thanks Giving. Similarly, it follows the Black Friday. As Black Friday has carved a niche for itself, the shopping spree spreads to the subsequent weekend to the following Monday. It gives more time for online shoppers to continue purchasing gifts at discounted amounts.
When is Cyber Monday 2017?
The four-day sale comes after Thanksgiving. This year, the spree starts on as early as November 24th reaching the climax on Cyber Monday November 27th. Currently, the day has gained traction, and almost everyone is marking in their calendar.
What Is Cyber Week?
Cyber Monday have consistently put retailers in the black, year after year. However, many aren’t able to take advantage of these two special days, due to work and school obligations. To increase sales and extend these amazing deals to every smart shopper, retailers have recently adapted the term ‘Cyber Week’, providing seven full days of exceptional offers to kick-start holiday shopping.
Do I shop during Cyber Week or on Cyber Monday?
Good question, although the majority of consumers still shop on the day of Cyber Monday compare to Cyber Week. You don’t want to limit yourself to just Cyber Monday. If you see a good deal, you may want to pull the trigger because it may be out of stock or the price may have change when you go back to it. Here are some tips that you can use during Cyber Monday:
- Keep track of the Cyber Monday sale (Sign up to retailers’ newsletters or email notifications ).
- Know the shipping policies and costs beforehand.
- Compare prices before and during the Cyber Monday event.
- Take Notes/ Make a List.
- Set A Budget.
- Search for Coupon Codes.
- Take advantage of retailers that offer Reward Points.
- Check your credit card cash-back terms (Many credit card companies offer cash back in general, however some will offer additional cash-back or higher percentage if you shop at a specific retailer store).
- Consider signing up to cash-back sites for additional savings.
Cyber Monday versus Black Friday
It is indisputable that Cyber Monday popularity is on the rise as compared to that of Black Friday. Most shoppers attribute it to the 24-hour convenience offered. Furthermore, the day is perfect for avoiding Black Friday crowds. Another critical thing to remember is the ability to compare prices. Finally, retailers provide aggressive sales.
57% of shoppers take advantage of the offer the first thing on Monday. More than 20% will undoubtedly shop over the lunch hour, and 35% make a move online. Approximately 20% exploit the remaining days to buy.
A trend of starting to shop as early as Sunday is gaining popularity. Previously, people utilized workplace computers because of high internet speeds, but now almost every device is used.
Most retailers offer free shipping, and the number is increasing thanks to surveys conducted indicating that most buyers would shop more if shipping were free. Some retailers have opted to expand their free shipping budget.
Statistics for Cyber Monday
Since inception, sales on this day have tripled since 2009 hitting a new record in 2016. It is expected to get bigger this year. In 2016;
• 20.7% more than 2015.
• 3.45 billion dollars’ worth of items sold in the US.
• 15% of the U.S figures were contributed by the British.
What are the Best Cyber Monday 2017 Deals?
It will be jumping the gun to start speculating on the best deals this year. However, online retail stores such as eBay and Amazon will pull great surprises throughout the weekend. Be on lookout for deals in the following categories for Cyber Monday 2017:
Note: Our team will be listing Cyber Monday deals from a wide selection of retailers in many categories. Make sure to bookmark our site and sign up to our email alert.
Check back here for more up-to-the-minute Cyber Monday news and for the actual Cyber Monday deals for 2017.