![]() ![]() ![]() So is one generally better than the other when it comes to deals? It was also a way for retailers to prolong the shopping “demand and urgency,” with additional deals online just as people went back to work, according to Jessica Young, director of research data at Digital Commerce 360. Cyber Monday, coined by the National Retail Federation (NRF) in 2005, was created as a virtual “alternative to the madness” of large crowds and long lines. Many retailers, however, stick to the tradition of offering doorbuster TV deals on Black Friday.Shopping Preparing for Black Friday 2022 Black Friday versus Cyber Monday: What’s the difference?īlack Friday originated decades ago as a way to lure shoppers - many of whom had the day after Thanksgiving off - into stores. ![]() "You can probably shop with with pretty high confidence on Cyber Monday online feeling like you're getting a really great deal," Hatch said. Layaways: What stores will offer layaway this holiday shopping season? Should I wait until Cyber Monday to buy a laptop?Ĭyber Monday has typically been associated with tech deals, and electronics still see deeper discounts on the virtual retail holiday, Hatch said. Last year, consumers spent $10.7 billion on Cyber Monday, with toys, video games and electronics among the top-selling categories, according to Adobe Analytics. "Some online retailers will maybe have their biggest online discounts for products on Black Friday and then still discount over the weekend through Cyber Monday but sort of dial back the discount," Hatch said, noting the move may trigger consumers' worries of deals going away. Many shoppers wait until Cyber Monday to get products in part because of fear of missing out on deals altogether, Hatch said. ![]()
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