You may get a ton of deals from Thanksgiving Day to Cyber Monday.
While other festivals are well-known but Cyber Monday is something new. So, The Filters Club (Swift Green Filters USA) has decided to get you everything you need to know about this.
What is Cyber Monday?
It is the Monday following Thanksgiving, it is promoted as the day for exceptional bargains.
It was coined by Ellen Davis and Scott Silverman. It came into existence on November 28, 2005.
Considered to be a national holiday in the United States, Thanksgiving Day is celebrated on the fourth Thursday of November. It is being celebrated in the country since 1789. Abraham Lincoln declared it as a Federal Holiday.
When is Cyber Monday Celebrated?
It is the next Monday to Thanksgiving, this year it falls on 27 November.
Cyber Monday History
The expression "Cyber Monday" began getting utilized in 2005 by the National Retail Federation (NRF), which required a name for the whirlwind of online deals the Monday subsequent to Thanksgiving.
In the official statement that appeared the expression "Cyber Monday," the NRF credited faster network connections at work and online retailers who wanted to draw in customers as the driving force behind this new pattern. As such, online traders needed the cash physical stores were making on Black Friday. What's more, shoppers were glad to shop from the solace of their work areas as opposed to remaining in line in the driving rain outside Walmart.
Hence, It was conceived.
Interesting Facts About Cyber Monday
- The term was first coined by Ellen Davis and was first used in 2005 within the eCommerce community
- Cyber Monday 2016 was the biggest Cyber Monday .There were total sales of 1.7 billion, which is 17 % annual increase.
- Since 2010, Cyber Monday is the highest grossing online spending day in the year.
- Astonishingly, 95 percent working population do their online shopping from their work.
- According to surveys, 90 percent of the shoppers committed that low prices were the most important part of their Cyber Monday shopping.
- Top 3 products bought on this day are: - Apparels, books/DVD/Video/games and consumer electronics.
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