The term Cyber Monday is coined in 2005 where it marked the beginning of the most successful online shopping to occur after Black Friday, the day after Thanksgiving. Large-scale companies use Cyber Monday as a means to draw in consumers to purchase items online without the hassle of waiting in line or battling other buyers once the store opens. This particular day has been extremely successful that the day itself is now celebrated in other countries around the world, particularly in the Americas and selected countries in Europe.
Cyber Monday is originally coined in November 28, 2005 from by following a study where 77% of sales happened online thus there is a substantial increase in sales and profits. Across the years, this day has made an impact across the United States alone drawing in customers to select big retailers such as Macy’s, Khols, Bestbuy, Wal-Mart, Target and so forth. More and more consumers are readily buying items online to take advantage of great deals and super savings on shipping. In fact, the sales on the day is so successful (according to a 2010 census) that consumers exceeded over one billion dollars in purchasing products online in preparation for Christmas and New Years alone.
Cyber Monday is a day where shoppers can safely shop for online products. However, the downside is tolerating the amount of traffic entering a website. However, the amount of consumers entering the website can cause a crash in the system and overload servers. Regardless of server failures, the website management allows consumers to successfully purchase their online items without falling victim to in-store violence.
On another note, Cyber Monday is considered safer shopping. Before Cyber Monday is Black Friday. This is a day taking place after Thanksgiving. Black Friday, like Cyber Monday is a day where consumers can buy their merchandise. However, instead of online, customers are required to wait in front of the store and wait for the doors to open. In some states, the stores open as early as four AM. Depending on the store, some stores open at midnight or at eight AM. These days are considered one of the busiest days in the year where thousands of customers enter the store. Unlike Cyber Monday which is shopping from the comforts of their home, Black Friday is more confrontational. There have been documented violence on Black Fridays prompting people to be involved in arguments, physical confrontations and most recently shootings.
The other countries participating in these sales are: Canada, Chile, Germany, UK, Portugal and Columbia.