Online Shopping Expected to Rise for Annual Cyber Monday

Now that Black Friday has passed with its flurry of shopping activity and sales, it is time for the online world to entice holiday shoppers.  The Monday after Thanksgiving, dubbed “Cyber Monday,” is when online retailers release their biggest holiday deals.  Last year, it was the second largest online shopping day of the year with over $900 million in sales.  The largest online shopping day last year was actually December 15th, the last day that most major retailers guarantee Christmas delivery.  

 

This year, an additional 10 million people are expected to shop online making the total more than 105 million strong.  Purchases made from cell phones and other mobile devices like iPads are also expected to increase.  Black Friday & Cyber Monday sales are expected to determine the overall pace of holiday shopping for the year, with most retailers optimistic about seeing increases of up to 2% over last year.

 

So where are the best places to get deals on Cyber Monday?  Check out www.cybermonday.com for an aggregated sales feed from many large retailers.  Happy Shopping!