Cyber Monday is a marketing term for e-commerce transactions on the Monday after Thanksgiving in the United States.
ByUSViralBuzz
It was created by retailers to encourage people to shop online.
ByUSViralBuzz
The term was coined by Ellen Davis of the National Retail Federation and Scott Silverman, and made its debut on November 28, 2005, in a Shop.org press release entitled 'Cyber Monday'.
ByUSViralBuzz
Cyber Monday has become the online equivalent to Black Friday and offers a way for smaller retail websites to compete with larger chains.
ByUSViralBuzz
In 2017, Cyber Monday online sales grew to a record of $6.59 billion, compared with $2.98 billion in 2015, and $2.65 billion in 2014.
ByUSViralBuzz
The Cyber Monday on November 30, 2020 was the biggest online shopping day in U.S. history with a total of $10.7 billion in online spending.