Cyber Monday is observed annually on the Monday after Thanksgiving. It started on November 28 of 2005.

Cyber Monday was developed as a way for Internet-based companies to have a way to compete with Black Friday, which is typically held by brick and mortar retail stores the Friday after Thanksgiving.

In 2014, Cyber Monday online sales continued to trend upward with 15.4% increase in revenue from 2013 sales, making it the biggest, online shopping day in history. In 2014 Americans spent an average of $124 per order on Cyber Monday.

Social media has also ramped up the advertising opportunities, bringing potential shoppers to retailers’ online stores. Cyber Monday shopping is expected to be up again this year with a predicted 3 billion in sales.

Purchases on mobile devices also have increased, adding to the convenience of Cyber Monday.  No longer do you have to be strapped to your PC or Mac in order to make an online purchase. Purchases can now be made on the train during a morning commute while waiting for a doctor’s appointment or during a lunch break.

Some of the most popular online purchases are likely to be tech items, especially wearable technology as well as the traditional small appliances, clothing, gift cards and digital media.

Cosmo Insurance Agency is an independent insurance agency serving surrounding communities in New Jersey. Cosmo keeps its promise to assure an efficient and creative approach to the services we offer. Each of our clients experience a personalized and long-term relationship with us. Our New Jersey based team of health brokers guides our clients in helping them choose the most cost-effective options. By incorporating the latest in technology-based tools and laws on healthcare, employee benefits, life insurance and finance, we keep our clients up-to-date with the plans that encompass all of their needs, whether it is individual or group insurance. 

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source: https://nationaldaycalendar.com/cyber-monday-monday-after-thanksgiving/

Posted 3:00 PM

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