]Black Friday has been a monopoly on discount deals for decades, but later in 2005, the National Retail Federation introduced another idea for online shopping called Cyber Monday or Black November. It becomes after the next monday of thanksgiving day.
Cyber Monday vs Black Friday
For decades, citizens of the United States and many countries around the world have been celebrating Black Friday. So for a while, Black Friday was the only day when consumers were getting cheaper items. Black Friday is actually celebrates next Friday after Thanksgiving, and up to 50 percent off valuable items, including minor items of daily use, are available to citizens.
Initially, Cyber Monday was not popular with consumers, but after introducing special deals it becomes bigger event than Black Friday.
These two events are very popular, retailers are introducing deals that many people are now calling the trend “Black November.” It competes with Black Friday.
Cyber Monday/ Black
Black November was also announced a few years ago when Amazon, the world’s largest online shopping site, started offering special discounts.
Cyber Monday / Black November Sales
Citizens are in great demand for this discount offer and more sales are expecting this year than in 2015. In this regard, Wal-Mart’s Jill Gonzalez says Black Friday offers discounts on almost all items to consumers. The best deals are also available so we could say that this is a source of empowering consumers.
Currently, E-commerce accounts for about five percent of US retail sales. According to statistics by the US company, most Americans make vacation purchases. In this way, online shopping is up 16% on vacations and $112 billion is expected to be purchased in November and December this year.
On which day Cyber Monday 2019?