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The term "Cyber Monday" was coined by Ellen Davis, [6] [7] and was first used within the ecommerce community during the 2005 holiday season. [8] According to Scott Silverman, the head of Shop.org, the term was coined based on 2004 research showing "one of the biggest online shopping days of the year" was the Monday after Thanksgiving (12th-biggest day historically). [9]
The highest year-over-year increases in visits took place on Cyber Monday and Black Friday with a growth of 16% and 13%, respectively. [145] In 2013, Cyber Monday online sales grew by 18% over the previous year, hitting a record $1.73 billion, with an average order value of $128. [146]
First observed in the United States on November 27, 2010, Small Business Saturday is a counterpart to Black Friday and Cyber Monday, which feature big box retail and e-commerce stores respectively. By contrast, Small Business Saturday encourages holiday shoppers to patronize brick and mortar businesses that are small and local.
Cyber Monday — a term coined back in 2005 by the National Retail Federation — continues to be the biggest […] The post Cyber Monday marks the year’s biggest online shopping day, and one ...
Beauty was the top growth category on Cyber Monday 2022, rising almost 50% in sales, and it was even a standout category in 2021, when consumers shopped less in general. “There will be a variety ...
Black Friday and Cyber Monday have come and gone, but there's a new kid on the block this Cyber Week: Travel Tuesday. While Travel Tuesday 2023 isn't a brand new event, it is certainly picking up ...
Cyber Monday is a nickname given to the Monday following Thanksgiving; the day evolved in the early days of the Internet, when consumers returning to work took advantage of their employers' broadband Internet connections to do online shopping and retailers began offering sales to meet the demand. [172]
Shoppers wait to cash out in a line that stretches down the aisle at Best Buy on Black Friday in 2002. Today, many holiday deal seekers shop online instead of heading to a store.