Comments on: Cyber Monday, you're no Black Friday
Monday was supposed to be the busiest online shopping day of the year. Right, and Santa has a factory in China that's pumping out PS3s.
Monday was supposed to be the busiest online shopping day of the year. Right, and Santa has a factory in China that's pumping out PS3s.
December 4, 2009 6:13 PM PST
December 4, 2009 4:56 PM PST
December 4, 2009 4:25 PM PST
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Why else would it have a catchy little name for it? (it's not really
that catchy, but what do you expect from geeks?)
If people had any sense at all, they would have seen the steady
price hikes going on since about September so that retailers could
"slash prices" for the Black Friday sales, which put "sale prices"
right back at about the regular retail price. WOW! Maybe we should
line up like cattle/sheep EVERY day?
The majority of online businesses are not multi-million dollar companies, which you see mentioned in nearly all of these "news" posts. Many are simply websites of larger brick and mortar retailers, and online retailing isn't a focus.
From our perspective, November itself - usually around the end of the first week of the month, normally signals our holiday peak. As mentioned from amazon representatives, our peak last year focused around December 10 - 12th. In fact, this period was so large last year, those 3 days alone represented about 15% of our entire gross retail sales for the year, which is very impressive.
The largest challenge for most online retailers is in the areas of customer service, and shipping deadlines. As mentioned, we are truly up against a more constrictive deadline for shipping products to online cusotmers. The other challenge is customer service - which is the single most important area year round, and especially at the holidays.
People who purchase online are (understandably) concerned about gift delivery, and also the fact that they are dealing with a "real" company. Those smaller retailers who offer fair pricing, and the best service, are successful. Bottom line is that communication is king - more so than pricing, which is usually only a few dollars more or less. Companies who maintain proper facilities to communicate with customers have more expenses involved - ergo pricing that is usually slightly higher.
So - while there isn't a clear cut "Black Monday" yet, it may well become so in the near future as more people shop online to avoid the lines!
It never had anything to do with special sales, at least in my memory.
The true internet shopping peak is indeed around December 10-12 because that is usually the time that sites start giving cut-offs for standard shipping at zero or significantly lower cost than the premium shipping required beyond those days.
K. Hansen
K. Hansen
I had the same sale on Wednesday 11/22 as there was on Friday 11/23.
TVs might be an exception- but no smart person is going to buy a cheap WAlmart TV discounted $200.
According to the Akamai Net Usage Index, which tracks visitors per minute to an aggregated group of more than 270 global e-commerce sites, Cyber Monday traffic was 14.6% higher than Black Friday.
Beside a 300 Gig External DH on stamples on black friday was 100 dll but on best buy was 180 dll the same one.
Really, cyber monday is not big deal
- This story is missing a major statistic
- by Gem Czar November 29, 2006 11:36 PM PST
- You mention that comScore reported $430 million in sales on 'Black Friday', but you don't mention what comScore reports in sales for 'Cyber Monday'.
- Like this Reply to this comment
-
(12 Comments)According to internet.com, comScore reported that 'Black Friday' pulled in $434 million while 'Cyber Monday' pulled in $608 million. $608 > $434.
Here's their version:
http://www.internetnews.com/ec-news/article.php/3646196
Please clarify the matter to support your story.
On another note, 'Cyber Monday' could remove some of the darkness of 'Black Friday', i.e. busy traffic, people sitting on a line overnight to find out what they waited for is sold out, etc.