Thousands of online retailers will discount their stock for Cyber Monday, the online version of Black Friday, now in its sixth year.
Last year, Cyber Monday sales topped $1 billion in the United States, making it the biggest day for online retail to date. Yet many businesses are increasingly discounting their goods on Black Friday as well, and consumers are responding. Online sales this past Friday were up 24.3% compared to last year, according to an IBM survey of 500 retailers.
For a look at Cyber Monday’s inception and how the movement has grown during the past half decade, click on the infographic in this post to view an expanded view.
Are you offering any sort of retail discount to your customers today?
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