Black Friday, may be over, but don’t worry! We will always have Cyber Monday for different purchases.
Cyber Monday is getting recognition through the years and people are waiting for it, so the y can start shopping through the internet.
These are some facts you should know:
- Cyber Monday is a marketing term for the Monday after the Thanksgiving holiday in the United States.
- The term “Cyber Monday” was coined by Ellen Davis, and was first used within the ecommerce community during the 2005 holiday season.
- 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.” At the time, a lot of people had slow Internet at homeThe idea for having such a holiday was created by Tony Valado, in 2003 while working at 1800Flowers.com, and coined “White Wednesday” to be the day before Thanksgiving for online retailers.
- ComScore reported, in 2006, that online spending on Cyber Monday jumped 25% to $608 million, 21% to $733 million in 2007, and 15% to $846 million in 2008.
- 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), representing a gain of 2.3 percentage points from last year.
- According to Argentine press, Cyber Monday was celebrated on November 11, 2014, and marked a tenfold growth in users taking advantage of online sales over the previous year.
- UK online retailers are now referring to “Cyber Monday” as the busiest internet shopping day of the year that commonly falls on the same day as the US Cyber Monday, according to a 2009 The Guardian article.
- In 2017, Cyber Monday online sales grew to a record $6.59 billion, compared with $2.98 billion in 2015, and $2.65 billion in 2014.
- In Portugal, the term Cyber Monday was first used in 2009.
- Cyber Monday came to Canada in 2008.
Got anything to add?