{"id":248921,"date":"2023-11-27T13:00:18","date_gmt":"2023-11-27T13:00:18","guid":{"rendered":"https:\/\/www.factstoryhub.com\/?p=248921"},"modified":"2023-11-27T06:01:21","modified_gmt":"2023-11-27T06:01:21","slug":"why-cyber-monday","status":"publish","type":[],"link":"https:\/\/www.factstoryhub.com\/why-cyber-monday\/","title":{"rendered":"Why Do We Celebrate Cyber Monday?"},"content":{"rendered":"
Cyber Monday happens every Monday right after Thanksgiving. It\u2019s one of the most awaited days for those who often buy online. But why is that?\n
Well, that\u2019s what you\u2019ll discover in this article, along with other interesting facts about Cyber Monday, like how it all started and what products to buy (and not to buy) during this marketing holiday.\n
So, keep reading to learn more!\n
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Cyber Monday was a term created by Ellen Davis, the senior director of strategic communications for the National Retail Federation (NRF).\n
It was coined based on their discovery that people continued to shop online even after Thanksgiving ended.\n It essentially came down to the fact that people had faster internet at work than at home, so they did a lot of their shopping the Monday following Black Friday.\n The first Cyber Monday took place on November 28, 2005, but only in the US. Later on, businesses in other countries also celebrated Cyber Monday, like Canada (in 2008) and Australia (in 2012).\n The purpose of Cyber Monday is to get more people to shop online. So, every Cyber Monday, businesses worldwide offer huge discounts and other great deals, enticing customers to increase their online purchases during this day,\n This surge in online sales happens every year, which is why Cyber Monday is considered one of the biggest days for online shopping and e-commerce.\n An example would be in 2017 alone, wherein the online sales on Cyber Monday reached a whopping $6.59 billion!\n Besides the day the marketing holiday happens, their differences also come from where the sales increase; Cyber Monday is about increasing online sales, while Black Friday is more focused on growing retail sales.\n While Cyber Monday is a new holiday, Black Friday originated in Philadelphia decades earlier in the 1960s.\n It gained its name due to the crowds of tourists and shoppers that flocked to the big cities to do their holiday shopping, which always caused pandemonium.\n More often than not, Cyber Monday only lasts for 24 hours. However, some businesses, like Amazon, turn Cyber Monday into Cyber Week by starting their promos earlier, even before Black Friday.\n Some even extend their huge discount deals till December.\n Although you\u2019re free to choose which products to purchase on Cyber Monday, shopping experts recommend you avoid buying toys, tools, and sporting goods as these are generally priced lower around Christmas.\n Now, regarding the ideal stuff to buy on Cyber Monday, they suggested those that tend to be high-ticket products, like electronics and kitchen appliances.\n According to them, you\u2019ll get great deals when you buy products like these on Cyber Monday and even Black Friday.\n While Cyber Monday is typically about discounted products, you should also check the sites of airlines and travel agencies since they also sometimes offer discounts on this day.\n Other surprising discounts you can find include cheaper rates at hotels and lowered car rental fees.\n There is! But not all of them are about discounting products\/services. For example, Giving Tuesday (the Tuesday immediately after Cyber Monday) is a marketing holiday about giving back.\n Another day of note is Small Business Saturday (the first Saturday after Thanksgiving), which is a day for supporting small businesses.\n For holidays associated with discounts, the Middle East has its own version of Black Friday, called White Friday, and there\u2019s Singles Day (the biggest shopping day in the world) on November 11.\nWhat happens on Cyber Monday?\n
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How does Cyber Monday differ from Black Friday?\n
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How long does Cyber Monday last?\n
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Which products should I buy and avoid on Cyber Monday?\n
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Do airlines do Cyber Monday deals?\n
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Besides Cyber Monday and Black Friday, are there other marketing holidays I should know about?
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