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What is Cyber Monday?
Cyber Monday is the first Monday after the Thanksgiving and it is considered as one of the biggest shopping days of the year where you will find each category collection within your budget including the travel category. The sales season starts from Black Friday and it continues till the end of the week later Cyber Monday replaces Black Friday. There might be slight changes in the offers we find but yes, the season of sales still continues from Cyber Monday. If you closely observe, from Thanksgiving Day to the Cyber week, every sale gets live earlier and runs with extended dates and that continues to Chrismas sales of season.
What Cyber Monday Deals Can You Expect?
From the popular stores like Amazon AE, KUL, Souq, Ounass, Noon to Aliexpress, Gap, 6thstreet, Styli, Zaful, RoseGal and many others came up with the Cyber Monday special discount offers covering every category like fashion, beauty, electronics, furniture, travel & lot more. A study of Cyber sales even mentioned that Cyber Monday directly affects the increased range of internet retailing. To increase this range social profiles definitely show the impact of gathering user interest. And as this is the holiday season and the most waiting Christmas days are near, people show more interest on shopping to use the Cyber Monday sales for grabbing all kinds of occasional needs & travel discounts.
These particular sales are available for a few countries initially but it is not the same criteria now. As the online stores keep on looking for new ways to approach their customers, Black Friday, Cyber Monday are a big opportunity to generate higher revenue. People desperately wait for these sales to go live. The desire of avoiding the crowd and grabbing the best is the number one reason that supported the sales and the aggressive sales that are going up in online portals is another reason to make the sales successful.
As per the stats, ¾th of people start and end their day with Cyber Monday sales. It has been observed that the range of people consider buying anything in this week will increase gradually. As 90% of stores offer this Cyber Monday deals, it is typical for shoppers to choose and shop but it’s their turn to shop online in a most beneficial way. Many other ways like credit cards, app purchases, free shipping and more became advantageous in the list to make online shopping worth spending.
Sales Forecasting in 2020:
Considering the gain over the Cyber Monday offers, people opt to compare the prices and get them at the right time. The sales on this particular day increase every year and that shows the interest of people in online shopping. As Cyber Monday countdown starts, retailers forecast that digital transactions may reach $143 billion and growth of e-commerce industry to 18% in 2020. The survey also stated that they can see most of the sales on the mobile phone category.