"Cyber Monday" Expected To Draw Virtual Crowds 133
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."
Re:Seriously, who makes up this crap? (Score:3, Interesting)
Cyber Monday? Is there any proof that people spend more money on this day then any other? Show me the correlation coefficients of money spent online vs day of the year and then we'll talk.
Its just marketing hype, fairly obviously so. They want/desperately need to create new 'big shopping days' now that peoples buying habits are changing.
Quake Mod? (Score:3, Interesting)
if you had a Quake like interface to capture purchases
and kill your competitors (fellow shoppers).
"Announcing a PS3 special for $199 to a hardy victorious few."
I guess Amazon is closed on weekends? (Score:5, Interesting)
I had no idea I had to wait until Monday to start shopping online. I'm glad this Slashdot story showed up or else I might have just gone on buying stuff today and tomorrow and missed out on my chance to contribute to some meaningless statistics!
Re:Who can afford it? (Score:5, Interesting)
HP + MS Live = failure (Score:1, Interesting)
Hope fully others can do better than HP and MS Live did yesterday. They had a total server melt down. Funny thing, the servers seemed to work fine once the 40% off was canceled.
Re:Just Hype (Score:3, Interesting)
I was partly incorrect. I was wrong about Thursday. But if you look at the wiki link you provided, FDR did move up Thanksgiving one week to give retailers a longer shopping season
The actual effect of moving Thanksgiving from the last Thursday to the fourth Thursday in November isn't really that much.
Only two years out of every seven have a November with 5 Thursdays, so 71% of the time there is no difference between "the 4th Thursday" and "the last Thursday".
Re:Who can afford it? (Score:5, Interesting)
Just keep paying it, and you'll be fine.
When you're in that situation you have the bank by the balls - the worst they can do is take your house.. then they won't get the value of the loan back (or even decent amount of it, since sale by auction normally goes for far less than market value). Or they can encourage you to keep paying and get the whole value back plus interest.
If you do get into difficulties they'll bend over backwards to help.. payment holidays, reduced payments, etc. because of this - banks are in the business of making money not flushing it down the toilet.