Cyber Monday Is The New Hot Shopping Day For Holiday Buying
For now, Black Friday is still the biggest shopping day of the year, but Cyber Monday may soon take the title and change the holiday shopping tradition. This Cyber Monday is expected to see a record number of shoppers, and experts predict that more money will be spent during this online shopping day than ever before, according to Fortune.
The National Retail Federation says that more than 164 million people will go shopping over Thanksgiving weekend, with most of them doing their buying on Black Friday.
However, e-tailers are changing all of that. In 2015, more people shopped online on Black Friday than they did in stores for the first time. In 2018, 37 percent of shoppers questioned in a Reuters/Ipsos poll said they plan to do all of their holiday shopping online. Meanwhile, only 16 percent of people in the same poll said they would be shopping in physical stores for their holiday gifts.
