Today is the day you may want to skip the stores for your holiday shopping since there’s no better day to score some deals than Cyber Monday. Cyber Monday 2017 is expected to be the largest online shopping day in history – with an expected $6.6-billion in sales. Last year, the average online shopper spent $194.46 on Cyber Monday, nearly 13% higher than the previous year.
Always on the Monday after Thanksgiving, You’ll find online-exclusive deals on Cyber Monday, from fashion to electronics. With sales reaching over $2 billion, many online retailers will see a huge spike in profits – and shoppers will see their shopping budget go farther! Walmart, Amazon, Best Buy, and Target are all running huge sales to celebrate this day!
If you think shopping holidays are geared towards women, you’re wrong. According to a survey, men (43%) actually claim to shop online during Cyber Monday more than women (39%)
Each year, new trends emerge as consumers change their online shopping habits. For example, purchases made on a smartphone or tablet exceeded 17% of total online sales this past year. Fun fact: tablet users spent an average of $131.10 per order, while smartphone users spent $114.73. Also, more than half of all online shopping on Cyber Monday happens in the workplace!
On a typical day, online sales peak at 11:25am ET.
Don’t worry, we won’t tell your boss. How will you be shopping this Cyber Monday?
Source: Dr. Dave