Monday, November 26, 2012

Cheer up guys.. it's Cyber monday... hooray!!!

 Black Sunday has passed but many online stores are offering deals for online consumers from Amazon to Wal-mart because not everyone can get to the stores especially if you are not in the US.
Not everyone was willing to wait in line. Online sales soared over the two-day shopping period, climbing more than 17% from last year on Thanksgiving and nearly 21% on Black Friday, according to IBM Benchmark. Sales made from mobile devices grew by nearly two-thirds over 2011.

A long list of online retailers -- including Wal-Mart, Amazon (AMZN, Fortune 500), Best Buy (BBY, Fortune 500) and The Disney Store -- unveiled "pre-Black Friday deals" even before Thanksgiving.
"We've absolutely seen this whole weekend turn into one big promotional event," said Jay Henderson, strategy director for IBM Smarter Commerce. "Black Friday deals are no longer just for the [brick-and-mortar] store, and Cyber Monday deals are no longer just for Monday."
However, the initial surge is likely to be temporary. By Sunday morning, Cohen expects shopper traffic to fall back to normal pre-holiday sales levels. "There are more hours to shop, but consumers don't have more relatives or more money in their pocket, so once all the dust settles, we won't see too much growth overall," he said. To top of page
 with input from CNN money.

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