When is Cyber Monday 2024?

In 2024, Cyber Monday 2024 is on Monday, December 2.

What is Cyber Monday 2024?

Cyber Monday is a marketing term for e-commerce transactions on the Monday after Thanksgiving in the United States. It was created by retailers to encourage people to shop online.  Cyber Monday takes place the Monday after Thanksgiving; the date falls between November 26 and December 2, depending on the year.

The shopping event, which originated in 1950 with retail stores lowering prices and extending hours, evolved into a global online phenomenon in 2000, boasting one of the highest worldwide sales, and subsequently inspired the creation of Cyber Monday in 2005.

Cyber Monday has become the online equivalent to Black Friday and offers a way for smaller retail websites to compete with larger chains.

General Cyber Monday Statistics 2023:

• US consumers spent $12.4 billion in 2023 shopping Cyber Monday deals.
  

• On average, an American spends at least $500 during Cyber Monday.
  

• In 2023, people spent 43% more on Cyber Monday compared to 2022.
  

• Consumer spending has been increased by around 9.7% from last year.
  
  

Shop Cyber Monday Deals or Buy on Black Friday Sale?

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Cyber Monday has traditionally been an opportunity for retailers to offer deeper discounts on some products that were discounted on Black Friday Sale. However, the products you want may be out of stock, because some of them may be sold out by Cyber Monday, so consumers need to consider whether to buy on Black Friday Sale or shop Cyber Monday Deals in light of the popularity and scarcity of the products.

Similarly, retailers try to clear out products that didn't sell out on Black Friday Sale, and you may also find more discounts on smaller items that didn't get as much attention over Black Friday Sale.