Cyber Monday History
Cyber Monday seeks to sell massive quantities of goods through online stores at a sale price. Marketing companies created the term Cyber Monday as a catchphrase to persuade people to shop online. In 2014, Cyber Monday sales were a record 2.68 billion dollars, making it one of the biggest shopping days of the year.
Cyber Monday is not an official holiday but it is an international day recognized by consumers. The term Cyber Monday developed naturally overtime as online sales following Thanksgiving spiked. This was seen as an opportunity to brand the new shopping occasion, much the same way black Friday was years earlier. Cyber Monday was first originally held November of 2005. The day it is held varies from year to year but it is always held the Monday following Thanksgiving in the US.
Cyber Monday Facts & Quotes
- Since 2010, Cyber Monday has been the highest online spending day in the year in the US.
- Sales numbers on Cyber Monday have gradually increased by at least $100 million each year since the term was first coined.
- According to a survey by the National Retail Federation, 90% of online shoppers surveyed said low prices were the most important part of their shopping experience on Cyber Monday.
- The top 3 products purchased online on Cyber Monday are: Apparel, books/DVDs/Videos/Games and Consumer electronics.
You may have heard of Black Friday and Cyber Monday. There's another day you might want to know about: Giving Tuesday. The idea is pretty straightforward. On the Tuesday after Thanksgiving, shoppers take a break from their gift-buying and donate what they can to charity. – Bill Gates, creator of Microsoft.
Cyber Monday Top Events and Things to Do
- Buy something! You can buy just about anything online these days, so treat yourself or a loved one to something you have been saving up for. Chances are it is at a reduced price on Cyber Monday!
- Fill your online shopping cart with all the things you were thinking of buying at all retail shops. Total up the cost of all the things you were going to buy, and instead of buying them, donate that exact amount of money to a charity of your choice.
- Spread awareness on social media by using the hashtag#CyberMonday, #CyberDeals and #DealsDealsDeals.
- Promote your favorite retailers over social media using their hashtags and by reposting their posts.
- Save your money today and wait until Giving Tuesday tomorrow to donate it all or use it to purchase items for donation.