Retail Makeover I.T.

View Original

Day #87 - Cyber Monday

Cyber Monday is a marketing term for the Monday immediately following Black Friday, the Friday following Thanksgiving Day in the United States, created by companies to persuade people to shop online. The term made its debut on November 28, 2005 in a Shop.org press release entitled "'Cyber Monday' Quickly Becoming One of the Biggest Online Shopping Days of the Year". According to the Shop.org/BizRate Research 2005 eHoliday Mood Study, "77 percent of online retailers said that their sales increased substantially on the Monday after Thanksgiving, a trend that is driving serious online discounts and promotions on Cyber Monday this year (2005)". In 2006, Shop.org announced that it launched the CyberMonday.com portal, a one-stop shop for Cyber Monday deals. In 2010, comScore reported that consumers spent $1028M online on Cyber Monday (excluding travel, 2009: $887M), the highest spending day of 2010. Cyber Monday has become an international marketing term used by online retailers in Canada, the United Kingdom, Portugal, Germany, New Zealand and Chile.

What are you doing to drive your customers to your website to buy on line?If you aren't doing anything!  why not?   Why are you letting  shopping dollars go else where.BestBarbara