Amazon Is Already Boasting Its Best Cyber Monday Ever
When you think about the choice between fighting crowds at the store, or buying things with a few clicks from your couch at home, it’s no surprise that Cyber Monday has gradually been taking the place of Black Friday as top shopping holiday. This is great on Cyber Monday. Holiday online shopping online also means for thousands of people looking for work during the holiday season. Sites such as Brad’s Deals, Best Black Friday Deals, DealNews and BlackFriday.com all have comprehensive shopping guides. Black Friday was the first day in USA retail history with more than $1 billion in sales via mobile devices, with such sales jumping 33% to $1.2 billion, according to Adobe Digital Insights. Shoppers spent $540 million between midnight and 10 a.m.
While retailers have been deluging customers for days now with a steady stream of holiday shopping promotions, shoppers still came out in droves for Cyber Monday, with early data showing that e-commerce sales for the day were on track to soar 9.4 percent over past year.
But other days are catching up.
Last year, Amazon scored 36 percent of Cyber Monday’s internet shopping. That’s just below Black Friday, which was the first day in U.S. retail history to hit over $1 billion in mobile sales. Walmart offered $100 off a regularly priced $300 Power Wheels Disney Frozen Jeep Wrangler motorized toy vehicle. And Target offered an extra 15 percent on Sunday and Monday – both online and in stores.
She says there are new deals on the site every five minutes. “A key beneficiary of mobile appears to be Amazon, which disclosed that smartphone sales on Black Friday exceeded Thanksgiving and beat last year’s Cyber Monday and Black Friday”, Squali wrote to clients.
Online sales have also been stretching out more and more.
Gap and Banana Republic are offering 50 percent off everything. Amazon offered specials on several flat panel TVs and PC monitors, but by 12:00 noon ET numerous deals had ended, and the waitlists were full.
In a report by USA Today College, the publication shared tips on how students can save money during Cyber Monday. “Consumers just continue to take advantage of online discounts year-over-year”. “It terrifies me”, Knirr said.
J.C. Penney Co Inc and Macy’s Inc were among department stores that had more promotions this year, Deutsche Bank analysts said. And Cyber Monday keeps those guys busy. “You don’t have to be tied down to your computer”. This will mark the largest online sales day in history, surpassing Black Friday ($3.34 billion) by a narrow margin. Shoppers spent more than $3 billion online, using their mobile devices more than ever.