Cyber Monday trivia: 54 facts about day that you can shop online with huge discounts

Cyber Monday is the first Monday after Thanksgiving in America. It is a term that was created to encourage people to shop online.

So let’s dive into some trivia and facts about this day!

1. Cyber Monday is a marketing term for the Monday after the Thanksgiving holiday in the United States
2. It was created by retailers to encourage people to shop online
3. The term was coined by Ellen Davis of the National Retail Federation and Scott Silverman
4. It made its debut on November 28, 2005
5. In a Shop.org press release entitled “‘Cyber Monday’ Quickly Becoming One of the Biggest Online Shopping Days of the Year”
6. It is on the Monday after Thanksgiving, and most often falls in November
7. But if Thanksgiving is on November 27 or 28, it will fall in December
8. The date range is November 26 to December 2
9. It is always four days after the holiday
10. According to the Shop.org/Bizrate Research 2005 eHoliday Mood Study, 77 percent of online retailers said that their sales increased substantially on the Monday after Thanksgiving
11. A trend that is driving serious online discounts and promotions on Cyber Monday this year (2005)
12. In 2017, Cyber Monday online sales grew to a record of $6.59 billion
13. Compared with $2.98 billion in 2015
14. And $2.65 billion in 2014
15. However, the average order value was $128, down slightly from 2014’s $160
16. Cyber Monday has become the online equivalent to Black Friday
17. It offers a way for smaller retail websites to compete with larger chains
18. Since its inception, it has become an international marketing term used by online retailers across the world
19. The term “Cyber Monday” was coined by Ellen Davis
20. It was first used within the ecommerce community during the 2005 holiday season
21. 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)
22. Retailers also noted the biggest period was December 5 through 15 of the previous year
23. In late November 2005, The New York Times reported: “The name Cyber Monday grew out of the observation that millions of otherwise productive working Americans, fresh off a Thanksgiving weekend of window shopping, were returning to high-speed Internet connections at work Monday and buying what they liked”
24. At the time, a lot of people had slow Internet at home
25. The idea for having such a holiday was created by Tony Valado, in 2003 while working at 1800Flowers.com
26. And coined “White Wednesday” to be the day before Thanksgiving for online retailers
27. In 2006, comScore reported that online spending on Cyber Monday jumped 25% to $608 million
28. 21% to $733 million in 2007
29. And 15% to $846 million in 2008
30. In 2009, comScore reported that online spending increased 5 percent on Cyber Monday to $887 million and that more than half of dollars spent online at US Web sites originated from work computers (52.7 percent)
31. Representing a gain of 2.3 percentage points from last year
32. Buying from home comprised the majority of the remaining share (41.6 percent) while buying from international locations accounted for 5.8 percent
33. According to comScore chairman Gian Fulgoni, “comScore data have shown that Cyber Monday online sales have always been driven by considerable buying activity from work locations. That pattern hasn’t changed. After returning from the long Thanksgiving weekend with a lot of holiday shopping still ahead of them, many consumers tend to continue their holiday shopping from work. Whether to take advantage of the extensive Cyber Monday deals offered by retailers or to buy gifts away from the prying eyes of family members, this day has become an annual ritual for America’s online holiday shoppers”
34. In 2010, comScore reported the first-ever $1 billion online shopping day ($1028M)
35. An increase of 16 percent over 2009
36. In 2011, comScore reported that Cyber Week saw US consumers spend over $6 billion online from November 28 to December 2
37. In 2012, comScore reported that Cyber Monday saw a 17% increase in sales from 2011, totaling $1.465 billion
38. In 2013, Cyber Monday sales continued their growth and recorded their highest grossing day ever at $2.29 billion
39. In 2014, the average planned expenditure is $361 per person. 46 percent of people expect to pay with credit cards and 43 percent expect to pay with debit cards
40. Sales are up 8.1% as of 6 p.m. ET, according to IBM Digital Analytics
41. The average order is $131.66, flat with last year, though the number of transactions is up and people are buying more items on average per order
42. In 2016, according to Adobe Digital Insights, Cyber Monday hit a new record with $3.45 billion
43. It was the first time that online sales in one single day surpassed $3 billion in US history
44. The numbers went up 12.1% from the previous year
45. In 2018, according to Adobe Analytics Cyber Monday hits a record $7.9 billion of online spending
46. It is a 19.3% increase from a year ago
47. U.S. employers have been cracking down on employees using company equipment and company time for non-work-related purposes, including Cyber Monday
48. As of November 2011, 22% of employers had fired an employee for using the Internet for non-work related activity
49. 7% of human resource managers surveyed had fired an employee for holiday shopping
50. And 54% of employers were blocking employees from accessing certain websites
51. According to CareerBuilder’s annual Cyber Monday survey, more than half of workers (53%) say they spend at least some work time holiday shopping on the Internet
52. Up 3% from 2015
53. Of this group, 43% spend an hour or more doing so
54. Compared to 42% from 2015