Cyber Monday is an online shopping event that takes place on the Monday following Thanksgiving Day in the United States, which is celebrated on the fourth Thursday of November. It was created in 2005 by the National Retail Federation as a way to promote online shopping. It is often considered a "digital counterpart" to Black Friday, which traditionally focuses on in-store deals.
Key Features of Cyber Monday:
-
Focus on online shopping:
Unlike Black Friday, which includes discounts both in physical stores and online, Cyber Monday is exclusively about deals on digital platforms. -
Significant discounts:
Many retailers offer large discounts on tech gadgets, clothing, home appliances, household items, and digital services. -
Global popularity:
Although it originated in the U.S., Cyber Monday has expanded to many other countries, becoming an international shopping phenomenon. -
Extended duration:
Originally a one-day event, Cyber Monday now often extends throughout the week, referred to as Cyber Week. -
Advantage for small businesses:
This event allows small businesses and online shops to compete by offering attractive discounts and promoting their products digitally.
Cyber Monday is an excellent opportunity to score big savings, especially if you missed out on Black Friday deals. However, it's important to research and compare prices to ensure you're getting a true bargain.
