Repost: What is Cyber Monday?

For those who cringe at the thought of waking up at an obscene hour to shop never ending lines at the mall, Cyber Monday is the way to go.  In recent years, Cyber Monday has become almost as mainstream as Black Friday.  Most of us know that the day after Thanksgiving means Black Friday sales (and waking up at 4am and spending an hour looking for parking at the mall. Ugh!).  Yet, for those who are a step behind in the shopping game, we’re laying out what Cyber Monday is.

What Is Cyber Monday

Cyber Monday is the Monday after Thanksgiving, or November 28th this year.  Marketing gurus coined the phrase to encourage people to shop online, and similar to Black Friday, retailers reduce prices on Cyber Monday. Genius, right?  Everyone wins!  Retailers boost sales, and you get to shop amazing deals without the chaos of Black Friday!  In 2005, Shop.org named this day “Cyber Monday,” and the term has stuck since then.

According to Chase Paymentech’s annual Cyber Holiday Pulse Index, Cyber Monday is the single largest shopping day of the year online.  In fact, Cyber Monday is so successful, that did you know that there are actually three Cyber Mondays and a shipping Monday?  In the weeks following the first Cyber Monday, there are other Cyber Monday’s that offer similar deals.

Kinda confusing, but hey, we’re not going to complain about more deals!

Are you a fan of Cyber Monday, or do you prefer Black Friday shopping?