Cyber Monday gains popularity
Cyber Monday was created during the holiday shopping rush in 2005 and has drastically increased in sales since then. The average person spends about $172 with online shopping on a regular day, while $192.00 is spent on average on Cyber Monday. Amazon is the leading online retailer during the Thanksgiving and Christmas season. As an example, Amazon offered a 43” Roku Smart LED TV for $299.99 that normally would have cost customers $359.99, saving people 60 dollars.
Walmart has been a huge rival of Amazon’s for quite some time and always tries to outdo them. On Cyber Monday, Walmart offered a Samsung 58” Smart LED TV for $598.00 that would have normally been $799.00, saving customers $201.00.
According to CNN, Cyber Monday broke an online spending record with 6.6 billion dollars in sales, which is a 16.5% increase from last year. Cyber Monday collected 1.6 billion dollars more than Black Friday, which had Americans spending 5 billion dollars.
An MMCRU student shared their online shopping experience. Larissa Miller purchased clothes and shoes and she had this to say about Cyber Monday, “Cyber Monday is very useful and there are a lot of good deals to be found.”