Cyber Monday is an e-commerce term referring to the Monday following the U.S. Thanksgiving weekend
. It is the second-biggest shopping day and the biggest day for online sales
. The term was coined in 2005 by Shop.org, the online arm of the National Retail Federation, as a way to encourage consumers to shop online
. Cyber Monday is often regarded as an extension of the Black Friday sales and has become a key landmark of the Christmas retail season
. On Cyber Monday, online retailers usually offer special promotions, discounts, and sales, providing consumers with a convenient, hassle-free way to shop and cash in on great deals
. Many shoppers prefer Cyber Monday because they don't want to spend time away from family during the holiday or wait in long lines on Black Friday
. With most retailers now offering free shipping as an incentive to shop on Cyber Monday, it makes shopping online even more attractive
. Cyber Monday deals cover a wide range of categories, including electronics, clothing, toys, and jewelry
. In recent years, Cyber Monday sales revenues have grown significantly, reaching a record $9.4 billion in 2019
. Adobe's Holiday Shopping forecast predicts a record-breaking consumer spend of $12 billion in total for Cyber Monday 2023, a 6% uplift over 2022
