Cyber Monday
Cyber Monday is a marketing term for the Monday after the Thanksgiving holiday in the United States. Cyber Monday has become the online equivalent to Black Friday and offers a way for smaller retail websites to compete with larger chains. In 2017, Cyber Monday online sales grew to a record of USD 6. 59 billion, compared with USD 2. 98 billion in 2015 and USD2. 65 billion in 2014.
About Cyber Monday in brief
Cyber Monday is a marketing term for the Monday after the Thanksgiving holiday in the United States. Cyber Monday has become the online equivalent to Black Friday and offers a way for smaller retail websites to compete with larger chains. In 2017, Cyber Monday online sales grew to a record of USD 6. 59 billion, compared with USD 2. 98 billion in 2015, and USD2. 65 billion in 2014. The average order value was USD 128, down slightly from 2014’s USD 160. In 2016, according to Adobe Digital Insights, cyber Monday hit a new record with USD 3.45 billion, which was the first time that online sales in US surpassed USD 3 billion in single day. In 2019, according. to Adobe Analytics, Cyber Monday mobile transactions totaled a record USD 9 billion with online sales reaching a total of USD 4.4 billion. S.C. Sotheby’s: Cyber Monday sales are up 8.1% from last year, though the number of people are buying more items on average per order is up and the average order is USD 131, flat with last year. In 2011, Cyber Week saw US consumers spend over USD 6 billion online from November 28 to December 2.
In 2012, comScore reported that Cyber Monday saw a 16% increase in sales from 2011, totaling USD 1. 5 billion. In 2014, the average planned expenditure is USD 361 per person. 46 percent of people expect to pay with credit cards and 43 percent expect to paying with debit cards. In 2015, the numbers went up 1% from the previous year. The number of U.S. employers have been hiring more online workers, up 12% from 2014. In 2013, Cyber. Monday sales continued their growth and recorded their highest grossing day ever at USD 2, 29 billion. In 2011 and 2012, Cyber week saw US Consumers spend over $6 billion online. In 2009, more than half of dollars spent online at US Web sites originated from work computers, representing a gain of 2. 3 percentage points from last. year. Buying from home comprised the majority of the remaining share while buying from international locations accounted for 5.8 percent.
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This page is based on the article Cyber Monday published in Wikipedia (as of Dec. 10, 2020) and was automatically summarized using artificial intelligence.