Communications and Society blog: By and for students in Marist COM 201

Just another WordPress.com weblog

Cyber Monday results

leave a comment »

For many people, the days following Thanksgiving are filled with shopping and spending. “Black Friday”, the day after Thanksgiving, has been coined as the day where stores open their doors in the early hours of the morning and provide great bargains to customers. A more recent development is “Cyber Monday”, the Monday following Thanksgiving, a term coined in 2005 that encourages customers to shop online. Nowadays, virtually anything is available online. I often joke around with my parents that a family friend of ours never leaves the house because he buys anything and everything online. This development of online shopping has changed the way people spend their time money. Shopping online can be very convenient, but I often refrain because shipping and handling costs add a great amount of money to the total purchase.

According to the Los Angeles Times, online sales increased by 19.4% this Cyber Monday from the previous year, and the average customer spent $194.89 online. Personally, I did not buy anything online, as I tend to prefer seeing items in the stores first before making a purchase. However, the numbers prove that there were great sales, from electronics to clothes and everything in between. My mom told me that when she opened up her email inbox on Monday morning, she had close to 100 emails from various stores encouraging customers to shop online, providing deals such as free shipping and free gifts over a purchase of a certain amount. Although we are in an overall down economy, people certainly aren’t afraid to spend their money in the stores and online.

-Nicole Grosjean

Link to article: http://www.latimes.com/business/la-fi-cyber-monday-20101201,0,4818547.story

Advertisements

Written by nicoleg201

December 3, 2010 at 8:06 pm

Posted in Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: