Monday, November 27, 2017

Cyber Monday to set record but Black Friday still king in 2017

After Black Friday/Buy Nothing Day and Small Business Saturday 2017 comes Cyber Monday.  After a dozen years, the online shopping day is going stronger than ever, as CBS Evening News reports Record breaking sales expected for Cyber Monday.

Cyber Monday is expected to be a record breaker this year. Analysts forecast $6.6 billion in online retail sales Monday. Meg Oliver reports.
Lori Torgerson is right that there is room for a lot of winners, both online and in stores, even though brick-and-mortar stores and shopping malls are having issues.  CBS This Morning makes that point as well in addition to the reasons for it in Why Black Friday isn't as big as it used to be.

More than 164 million people plan to shop between Thanksgiving Day and Cyber Monday. The long weekend kicks off the holiday shopping season when shoppers will each spend an average of nearly $1,000. CBS News financial contributor Mellody Hobson joins "CBS This Morning" to discuss the move to online shopping and the strategies brick-and-mortar stores are using to lure shoppers.
In addition to all the other reasons listed in the CBS This Morning report, CBS Los Angeles (KCAL 9) gives another reason why 85-90% of all sales take place in stores in Black Friday Or Cyber Monday? How To Decide.

Many shoppers told KCAL9's Brittney Hopper that they prefer Black Friday to Cyber Monday because they like being able to handle the merchandise before buying.
For many people, there's nothing like the actual physical experience.

For those of us shopping online, WXYZ has Cyber Monday safety tips.

Stay safe online and happy shopping!