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Cyber Monday is a marketing term for e-commerce transactions on the Monday after Thanksgiving in the United States. It was created by retailers to encourage people to shop online.
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Cyber Monday started in 2005 and the concept has spread to several countries including Canada, Japan, Australia, Colombia, and the U.K.. In China a similar day of online shopping is observed on November 11, which is known as "Singles Day". Another same type of event started in 2012 in Australia named Click Frenzy.
In 2013, Cyber Monday online sales grew by 18% over the previous year, hitting a record $1.73 billion, with an average order value of $128. [146] In 2014, Cyber Monday was the busiest day of the year with sales exceeding $2 billion in desktop online spending, up 17% from the previous year. [147]
Cyber Monday 2023 is here. We've found the best discounts worth shopping from Amazon, Target, Walmart, Apple, Best Buy, Home Depot, Bed Bath & Beyond and more.
Savvy shoppers have their eyes on Cyber Monday, which traditionally performs better and offers a broader spectrum of deals than Black Friday.