Cyber Monday: The biggest online shopping day of the year
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This year Cyber Monday falls on Monday, November 28th, 2022. For those unaware Cyber Monday always takes place on the Monday after Thanksgiving. The term “Cyber Monday” started getting used in 2005 by the National Retail Federation (NRF), which required a name for the flood of online sales that take place the Monday after Thanksgiving Day.
In the 2005 media release that debuted the term “Cyber Monday,” the NRF credited quicker internet connections at work and online retailers wanting to entice holiday shoppers as the push behind this new trend. In other words, online merchants sought the money brick-and-mortar stores were making on Black Friday. In addition, consumers were more than happy to shop from the comfort of their own home instead of standing in line outside of a retail store. Thus, Cyber Monday was born.
“Shopping online has the leisure of not having to leave your home. It’s not too many people that can leave their homes. So it’s just simple. Like its real easy and simple just to have items shipped straight to them. This makes it a little bit more accessible than Black Friday,” says Johnathon Limbacher, Assistant store lead of Gamestop.
So after your Thanksgiving turkey has been carved and Black Friday shoppers have gone home with their bargain-basement deals, be sure you get online to nick some Cyber Monday deals. Last year, Americans spent more than $9 billion online for Cyber Monday, making it the largest e-commerce sales day in the country.