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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]
Last year, consumers spent a cumulative $10.7 billion on Cyber Monday — almost two billion more than they did on Black Friday, even though both were mainly online savings events.
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. [147]
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.
Retailers expect Cyber Monday sales to just keep growing this year. So check out these tricks and tips for finding the best bargains from sellers like Amazon, Target, Walmart, and Best Buy.
Ready for savings? Here's when Cyber Monday deals start and end in 2023.
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 ...
Click Frenzy. Click Frenzy is an Australian e-commerce website and online sales initiative inspired by and based on a similar format to the United States shopping event Cyber Monday. [ 1] Click Frenzy was founded by parent company Global Marketplace in 2012, and as of 2021 consists of a number of sales held throughout the year. [ 2][ 1]