Cyber Monday

Cyber Monday History

Cyber Monday is an annual sale event dedicated to online shopping, offering significant discounts on various products, from electronics to clothing and accessories. This day is observed predominantly in North America, including Canada, to encourage consumers to shop online and enjoy attractive deals. Cyber Monday offers an opportunity for Canadian shoppers to purchase desired items at discounted prices, thus stimulating the economy and retailers before the holiday season.

The concept of Cyber Monday originated in the United States in 2005 when online retailers noticed increased sales on the Monday following Thanksgiving. Adopting this trend, Canadian online retailers soon joined their southern neighbors in offering these significant discounts on the same day. Cyber Monday is an important event for Canadians, as it provides an avenue for online shopping with many products that are not readily accessible in the Canadian market. This day allows Canadian consumers to access broader product selections and often better prices while building a competitive online retail community nationwide.

In Canada, Cyber Monday is typically observed on the Monday following Thanksgiving, which falls on the first Monday of October. Online retailers prepare for this day by advertising their discounts ahead of time and maintaining sufficient stock of popular items for the event. Consumers benefit by planning ahead and researching the best deals available. Cyber Monday provides Canadians a unique opportunity to enjoy significant savings on desired products and contributes to a thriving online shopping experience.

Cyber Monday facts

• 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.
• In 2020, nearly half (48%) of Canadian consumers said they were planning to do their holiday shopping online during Cyber Monday, while only 39% said they were planning to shop online on Black Friday.
• Along with the growing popularity of Cyber Monday, the risks of online shopping, such as phishing scams and identity theft, have also increased. Consumers need to be cautious of fraudulent websites, ensure secure connections, and track their online transactions.

In the News and Trending in Canada for Cyber Monday

Top things to do in Canada for 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.
• Visit websites of popular clothing and fashion brands such as Roots, Aritzia, Lululemon, and Joe Fresh for exclusive Cyber Monday sales.
• Check out electronics and tech retailers like The Source, Staples, and Newegg Canada for discounts on gadgets and devices.