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The term Cyber Monday refers to the Monday immediately following Black Friday, the ceremonial kick-off of the holiday online shopping season in the United States between Thanksgiving Day and Christmas. Whereas Black Friday is associated with traditional brick-and-mortar stores, "Cyber Monday" symbolizes a busy day for online retailers. The premise was that consumers would return to their offices after the Black Friday weekend, making purchases online that they were not able to make in stores. The idea has not survived the test of time (see below), however, Cyber Monday has evolved into a significant marketing event, sponsored by the National Retail Federation's Shop.org division, in which online retailers offer low prices and promotions. Black Friday is the day after Thanksgiving and is the beginning of the traditional Christmas shopping season in the United States. ...
This article does not cite any references or sources. ...
Thanksgiving is a holiday celebrated in much of North America, generally observed as an expression of gratitude, usually to God. ...
For other uses, see Christmas (disambiguation). ...
In the jargon of eCommerce, brick and mortar businesses are companies that have a physical presence (for example, a building made of bricks and mortar) and offer face-to-face consumer experiences, as opposed to an Internet-only presence (see online shop for comparison). ...
The National Retail Federation is the worlds largest retail trade association, with membership that comprises all retail formats and channels of distribution including department, specialty, discount, catalog, Internet, independent stores, chain restaurants and grocery stores as well as the industrys key trading partners of retail goods and services. ...
Origin of term
The term "Cyber Monday" is a neologism invented by Shop.org, part of the U.S. trade association National Retail Federation.[1]. It was first used within the ecommerce community during the 2005 holiday season. According to Scott Silverman, the head of Shop.org, the term was coined based on research showing that 77% of online retailers reported a significant increase in sales on the Monday after Thanksgiving in 2004.[2] A neologism is a word, term, or phrase which has been recently created (or coined), often to apply to new concepts, to synthesize pre-existing concepts, or to make older terminology sound more contemporary. ...
The National Retail Federation is the worlds largest retail trade association, with membership that comprises all retail formats and channels of distribution including department, specialty, discount, catalog, Internet, independent stores, chain restaurants and grocery stores as well as the industrys key trading partners of retail goods and services. ...
Electronic commerce, commonly known as e-commerce or eCommerce, consists of the buying and selling of products or services over electronic systems such as the Internet and other computer networks. ...
Accuracy In late November 2005, ComScore Networks, an e-commerce tracking firm, reported that online spending on Cyber Monday, excluding travel, was $485 million, a 26 percent increase from a year earlier. Total visits to shopping sites increased by 35 percent compared to a year earlier, according to Akamai Technologies.[3] In late 2005, after the holidays, ecommerce sites reported that the busiest shopping days usually were between December 5-15 in a given year.[1] For 2005, the year the term Cyber Monday was coined, the busiest online shopping day of the year in the U.S. was actually December 12, two weeks after "Cyber Monday".[4] Shop.org's survey of its members found that their busiest day in 2005 was December 12.[5] MasterCard's worldwide (not just U.S.) data for 2005 showed that the day with the highest amount of Web transactions processed was December 5.[5] In November 2006, prior to the holidays, MasterCard reported that an online survey it had commissioned found that only 10 percent of Americans said they would shop on the Web on Cyber Monday.[5] Akamai Technologies, Inc. ...
is the 339th day of the year (340th in leap years) in the Gregorian calendar. ...
is the 349th day of the year (350th in leap years) in the Gregorian calendar. ...
is the 346th day of the year (347th in leap years) in the Gregorian calendar. ...
MasterCard Worldwide (NYSE: MA) is a multinational corporation based in Purchase, NY in the United States. ...
MasterCard Worldwide (NYSE: MA) is a multinational corporation based in Purchase, NY in the United States. ...
Criticism Some critics online and in the media have called for a boycott of the term, calling it a useless media buzzword with no basis in fact. Fark founder Drew Curtis critically mocks the term in his book It's Not News, It's Fark as a leading example of holiday-based "fluff journalism."[6] This article does not cite any references or sources. ...
Screenshot Fark. ...
Drew Curtis holding a can of Heineken Drew Curtis (b. ...
Website At the official "Cyber Monday" site, run by Shop.org, more than 500 retailers offered discounts for the 2007 holidays. As a Motley Fool article noted, many of these same deals can be found elsewhere. A percentage of the proceeds of the site benefits the Ray M. Greenly Scholarship Fund, which gives scholarships to students pursuing an education in e-commerce.[7] The Motley Fool is a commercial website about stocks, investing, and personal finance. ...
See also Black Friday is the day after Thanksgiving and is the beginning of the traditional Christmas shopping season in the United States. ...
Boxing Day is a public holiday observed in many Commonwealth countries on 26 December. ...
Buy Nothing Day demonstration, San Francisco, November 2000 Buy Nothing Day is an informal day of rism]] observed by l acti While critics of the day charge that Buy Nothing Day simply causes participants to buy the next day[1], Adbusters states that it isnt just about changing your...
A Hallmark holiday is a disparaging term used predominantly in America to describe a holiday that exists primarily for commercial purposes, rather than to commemorate a traditionally significant religious or secular event. ...
References - ^ a b Hof, Robert D.. "Cyber Monday, Marketing Myth", Business Week, November 29, 2005. Retrieved on 2007-11-16.
- ^ "After Black Friday comes Cyber Monday: The Monday after Thanksgiving is a big day for e-commerce; consumers will see more deals this year", CNN, November 28, 2005
- ^ Maryanne Murray Buechner, "How to Find the Best Shopping Online", Time magazine, November 28, 2005
- ^ Barbaro, Michael. "Internet Sales Show Big Gains Over Holidays", New York Times, December 30, 2005. Retrieved on 2007-11-16.
- ^ a b c Candace Lombardi, "Cyber Monday more myth than reality?", CNET News.com, November 26, 2006
- ^ Drew Curtis. It's Not News, It's Fark: How Mass Media Tries to Pass Off Crap As News. Gotham. ISBN 1-59240-291-7.
- ^ By Dayana Yochim, "Sleep In and Save on Cyber Monday", Motley Fool, November 14, 2007, retrieved 11-25-2007
Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ...
is the 320th day of the year (321st in leap years) in the Gregorian calendar. ...
Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ...
is the 320th day of the year (321st in leap years) in the Gregorian calendar. ...
External links - CyberMonday.com (Official site sponsored by Shop.org)
- Shop.org
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