"Cyber Monday" Expected To Draw Virtual Crowds

Anti-Globalism writes with this excerpt from PCWorld: "Last year, consumers spent $733 million on Cyber Monday, and it's expected to be even bigger this year. According to a survey by online shopping site Shopzilla for the National Retail Federation's Shop.org, nearly 84 percent of online retailers plan to have a Cyber Monday promotion on December 1. That's up from just 72 percent last year and zero percent in 2005, says Shop.org executive director Scott Silverman."

Cyber monday is fake.

[Anonymous Coward]

Really guys. [snopes.com] Don't the editors screen this crap at all?

Re:Seriously, who makes up this crap?

[LoverOfJoy]

The article doesn't claim otherwise. It states that "Silverman's organization actually invented Cyber Monday in late 2005 as a gimmick to jump-start online sales in the holiday season. The media soon hyped it, and while it's not the biggest online shopping day of the year, it has certainly caught on among e-tailers."

In the article, a TigerDirect rep claims that at least for them, "Cyber Monday was the biggest day of the year for us last year--bigger than Black Friday,"

I always thought the biggest day for brick and mortar stores, at least, was much closer to Christmas.

Re:Just Hype

[Jeff DeMaagd]

That sort of manipulation is quite common. Just a couple examples:

Thanksgiving was moved up a week so to add another week to the Christmas shopping season, at the request of retailers. I think Thanksgiving also used to be celebrated on Friday. "Black Friday" may well have been one of those manufactured events. As it is, it really isn't the biggest shopping day of the year, I think the Friday and Saturday before Christmas is even bigger.

The tradition of using diamonds for engagement rings and such is pretty new, a "tradition" that is only about a hundred years old or so, manufactured by a DeBeers marketing campaign.

Cyber Monday for non-USA

[primus1024]

Wikipedia says:

The term Cyber Monday refers to the Monday immediately following Black Friday, the ceremonial kick-off of the holiday online shopping season in the United States between Thanksgiving Day and Christmas....

Origin of term

The term "Cyber Monday" is a neologism invented by Shop.org, part of the U.S. trade association National Retail Federation...

Re:Who can afford it?

[warsql]

You now live in a house that you prefer over a house that you once valued at $1 million. If you haven't paid for it yet, then you still owe $1 million for it. That's bad HOW exactly?

Re:NewEgg beat everyone

[mtmra70]

Their prices aren't high for mainstream stuff....shipping, yes, sort of.