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The term "Cyber Monday" was coined by Ellen Davis, [6] [7] and was first used within the ecommerce community during the 2005 holiday season. [8] According to Scott Silverman, the head of Shop.org, the term was coined based on 2004 research showing "one of the biggest online shopping days of the year" was the Monday after Thanksgiving (12th-biggest day historically). [9]
First observed in the United States on November 27, 2010, Small Business Saturday is a counterpart to Black Friday and Cyber Monday, which feature big box retail and e-commerce stores respectively. By contrast, Small Business Saturday encourages holiday shoppers to patronize brick and mortar businesses that are small and local.
In 2019, 93.2 million buyers made purchases online during Black Friday, amassing 7.4 billion dollars in revenue and surpassing Cyber Monday (83.3 million) in total online buyers There was a 19 percent increase compared to the year before. Also, with the ongoing COVID-19 pandemic, there was a 50% reduction in people that went in-store shopping ...
Last year, almost 50% of shoppers took advantage of pre-Thanksgiving holiday sales according to the National Retailer Federation (fun fact: the NRF coined the term ‘Cyber Monday’ in 2005). And ...
Cyber Monday — a term coined back in 2005 by the National Retail Federation — continues to be the biggest […] The post Cyber Monday marks the year’s biggest online shopping day, and one ...
Cyber Monday is the biggest online shopping day of the year. And as millions of consumers browse the internet for the best deals, cybersecurity experts warn that saving big on retail purchases ...
In 2013, Cyber Monday online sales grew by 18% over the previous year, hitting a record $1.73 billion, with an average order value of $128. [146] In 2014, Cyber Monday was the busiest day of the year with sales exceeding $2 billion in desktop online spending, up 17% from the previous year.
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