The marketing that occurs on Monday, immediately after the Black Friday, is known as Cyber Monday. Black Friday is considered to be the Friday the follows the thanks giving day in the United States. Cyber Monday is now one of the biggest shopping days of the year in the United States.
Various retailers and shopkeepers often keep high discounts and provide goods and services at cheap rates as a part of Cyber Monday Deal. The companies offering hot deals and steals online include famous companies like Walmart as well. According to the survey in 2009, Cyber Monday was referred as the second largest shopping day of the year 2009 due to the $887 million online shopping by the customers. The popularity of Cyber Monday Deals can be seen with the fact that the same term is now used a marketing term in various countries including France, United Kingdom and Portugal. Moreover, Cyber Monday Deals last for about eight days in these countries.
Shop.org, a famous website introduced the term Cyber Monday. In 2005, seventy-seven percent of the traders and shopping websites noticed that on the Monday following Black Friday in United States, their sales undergoes an abrupt increase and then this term became famous.
Shop.org is running an official
Cyber Monday Deals website, which provides heavy discounts, vouchers, special coupons and goods by more than 500 retailers at low prices on this day every year. The hot deals include exciting offers on goods varying from laptops, games, movies to HDTVs. The purpose of Ray M Greenly Scholarship Fund is to work for the enhancement of education of students in the field of e-commerce. A fixed percentage of the sales on Cyber Monday through the official website is donated to this fund.
