Cyber Monday is an e-commerce term. It actually refers to the Monday following the U.S. Thanksgiving weekend.
This was created to encourage clients to shop online. Many people nowadays confuse Black Friday with Cyber Monday. These are two different things.
Black Friday remains the biggest shopping day of the year. On the other hand, Cyber Monday is the biggest online shopping day of the year. Like Black Friday, both traditional and online retailers come up with sales to beat the competition. They use different marketing strategies to shop on their websites.
Online retailers regularly herald their sales and promotions before the actual day. Their objective is to compete with their online rivals. Hundreds of consumers enjoy Cyber Monday for many reasons. During the holiday, many people don’t want to spend time away from family. Others don’t want to wait in the long lines. Cyber Monday provides them with a hassle-free way to shop and cash in on some great deals.
Even though Cyber Monday had its origins in the US, it is now an international concept. Several e-commerce businesses use the term to market promotions to enhance their sales. In 2014, the Cyber Monday online deals were regularly available on Black Friday as well. Countless shopping websites became overwhelmed with visitors. Even so, e-commerce sales hit record highs, over $2.4 billion.
The biggest participants of Cyber Monday include:
- JC Penney
- Best Buy
As noted above, Cyber Monday began in 2005 in the US. It has since become an international marketing term. France adopted Cyber Monday in 2008, as did Canada. Japan, India and Australia began their own versions of Cyber Monday in 2012.
Let’s have a look at some of the best Cyber Monday deals you can buy now:
- Best Apple Cyber Monday Headphones Deals
- Best Cyber Monday 2019 Smartphone Deals
- Best Cyber Monday 2019 Tablet Deals
- Best Cyber Monday 2019 Smart Home Deals
- Best Cyber Monday 2019 Smartwatch Deals
- Best Cyber Monday 2019 Console Deals
- Best Cyber Monday 2019 TV / AV Deals
If you are thinking about running a Cyber Monday sale next year, good idea! However, finding the right price point can be tricky. Here are some questions you can ask yourself when trying to figure out your price point:
- What is the cost of running this sale?
- At this price point, how many sales do I need to break even?
- How likely am I to reach these sales targets?
- At this price point, how many sales do I need to make a profit?
To make your Cyber Monday the best shopping experience, why not make your phone your best friend? Most of us take it wherever we go. Many online shopping websites offer discounts, some may vary depending on the payment method being used. Confused about which payment method to use?
PayPal is one of the securest online payment systems. It is largely supported throughout online shopping and gaming websites. Yes, gaming websites such as Kitty Bingo online allows deposits and withdrawals through PayPal. Feel free to create an account on PayPal to benefit from its range of services!
Which one do you prefer Black Friday or Cyber Monday?