Cyber Monday | Definition, Origin, & Black Friday (2024)

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Nicholas Gisonna

Nick Gisonna started writing online in 2010 on his own website writing reviews of burgers and diners in New Jersey. Since then, he has contributed to video game, movie, and heavy metal sites across the...

Nicholas Gisonna

Cyber Monday, shopping holiday promoted by retailers as a day of savings and bargains for online customers. Cyber Monday falls on the Monday after Thanksgiving and its counterpart sales day, Black Friday. Cyber Monday has become a lucrative day for retail sales in the United States.

The term Cyber Monday was first coined by the National Retail Federation in 2005 when they noticed that people would continue their holiday shopping online while at work on the Monday after Thanksgiving, because, at that time, many people had a faster Internet connection at work than at home. Cyber Monday is often associated with Black Friday, the day after Thanksgiving, when retailers promote doorbuster deals and extreme savings available only that day. Similar to Cyber Monday, Black Friday was conceived by companies as a way to drive sales during the holiday season between November and December in the lead-up to Christmas. While consumers associate Black Friday with sales at brick-and-mortar stores, Cyber Monday is associated with online shopping discounts.

Cyber Monday | Definition, Origin, & Black Friday (2)

For decades Black Friday has been a landmark sales event and has drawn larger and larger groups of consumers to stores. The resulting long lines and overcrowded stores sometimes have led to heightened tensions among shoppers, with numerous news reports of injuries and violence on that day becoming a norm. Retail workers have also repeatedly been endangered by the growing crowds of customers, such as the tragic incident in 2008 in which a Walmart employee was trampled to death when nearly 2,000 shoppers stampeded into a store as it opened early on Black Friday.

The challenges associated with chaotic crowds on Black Friday proved to be an advantage to Cyber Monday, as consumers began choosing to wait to take advantage of promotions online rather than fighting crowds in malls and stores. It has also been successful because many people return to work after the Thanksgiving holiday weekend. They are thus unable to venture out to stores, but they can access holiday sales online. Cyber Monday also enjoyed increased growth when online shopping grew in popularity during the COVID-19 pandemic.

While Cyber Monday has its origins in the United States, it has also been adopted internationally as a way to increase purchasing. Cyber Monday has grown in popularity in places such as Canada, the United Kingdom, and Japan despite the fact that they do not celebrate the American Thanksgiving holiday.

Nicholas Gisonna

Cyber Monday | Definition, Origin, & Black Friday (2024)

FAQs

Cyber Monday | Definition, Origin, & Black Friday? ›

Cyber Monday is an e-commerce term referring to the Monday following the U.S. Thanksgiving weekend. Online retailers usually offer special promotions, discounts, and sales on this day as brick-and-mortar stores do on Black Friday. Traditional retailers generally offer exclusive, website-only deals on Cyber Monday.

How did Cyber Monday and Black Friday come to exist? ›

Cyber Monday takes place the Monday after Thanksgiving and Black Friday. The NRF coined the name “Cyber Monday” in 2005, introducing it in a press release that described a new trend the group began noticing a few years prior: Without fail, online revenue and traffic spiked the Monday following Thanksgiving.

Where did the term "Black Friday" originate? ›

The true origin of the post-Thanksgiving Black Friday lies in the sense of black meaning “marked by disaster or misfortune.” In the 1950s, factory managers first started referring to the Friday after Thanksgiving as Black Friday because so many of their workers decided to falsely call in sick, thus extending the ...

What is the difference between Black Friday and Cyber Monday? ›

Traditionally, Black Friday refers to in-store deals, while Cyber Monday is dedicated to online shopping, with e-commerce sites offering doorbuster deals across all categories. But over the past few years, the so-called death of retail has caused the two shopping holidays to blur together.

Is Cyber Monday still a thing? ›

Yes! Cyber Monday remains one of the biggest shopping holidays of the year. Black Friday and Cyber Monday (and the weekend between them) kick off the holiday shopping season and each year shoppers are eager to score the biggest bargains on TVs, appliances, home goods, holiday gifts, and much more.

Why do they call it Cyber Monday? ›

The term Cyber Monday was coined in 2005 by Shop.org, the online arm of the National Retail Federation (NRF). It was created as a way to encourage consumers to shop online. The trade association noted that web purchases had often spiked on the Monday after Thanksgiving in prior years.

What is the historical significance of Black Friday in 1929? ›

The day became known in financial history as Black Friday. This stock market crash was the origin of referring to stock market crashes as "black" days. Other examples include Black Tuesday, Oct. 29, 1929, when the market fell precipitously, signaling the start of the Great Depression, and Black Monday, Oct.

What country does not participate in Black Friday? ›

The country listed that does not participate in Black Friday is Costa Rica. Black Friday is predominantly a phenomenon of the United States, although it has been adopted by many other countries, including France, Brazil, and the United Kingdom. Costa Rica, however, doesn't traditionally observe this event.

What is the Black Friday scandal? ›

Black Friday, in U.S. history, a securities market panic that occurred on September 24, 1869, as a result of plummeting gold prices. The crash was a consequence of an attempt by financier Jay Gould and railway magnate James Fisk to corner the gold market and drive up the price.

What is the Sunday after Thanksgiving called? ›

On Sunday after Thanksgiving we celebrate national Secondhand Sunday to embrace secondhand gifting, while supporting second hand sellers and circular fashion during the peak holiday shopping season.

Is it cheaper to shop on Cyber Monday or Black Friday? ›

In many cases, Cyber Monday pricing matches Black Friday pricing. The good news is that November, in general, tends to be the best month for deals on just about everything worth buying. So whether you're diving into Black Friday deals or Cyber Monday sales, there's no wrong day to score big savings.

Which makes more money Black Friday or Cyber Monday? ›

Cyber Monday, alone, contributed to an estimated $9.2bn in spending, beating out Black Friday at $7.4bn.

What do people buy the most on Cyber Monday? ›

For women, clothing and accessories came out as the most popular product category, with approximately 64 percent of respondents saying they were planning to purchase such items during Cyber Monday.

Who has the best Cyber Monday deals? ›

As an overview, here's a quick list of just a few of the best retailers to check out over Cyber Monday:
  • Amazon: TVs, small appliances, Apple & clothing.
  • Adidas: running shoes, sports apparel & clothing.
  • Adorama: Fujifilm, Canon, Sony, Nikon cameras.
  • AT&T: trade-in deals on iPhone, Samsung, Google Pixel.
Sep 11, 2024

What is Black Friday called now? ›

Attempts at rebranding to "Big Friday" failed, and the term "Black Friday" solidified by the 1980s, referring to the pivotal point where retailers purportedly shifted from loss ("in the red") to profit ("in the black").

What are some interesting facts about Cyber Monday? ›

The first recorded use of the term “Cyber Monday” was in 2005, coined by the National Retail Federation to encourage online shopping after Thanksgiving weekend. The term “Cyber Monday” was first used in a press release by the National Retail Federation in 2005.

Why do some people prefer Cyber Monday over Black Friday? ›

People often shop online for items which are more economical to ship and return. Consumers associate Cyber Monday with smaller items, gifts and impulse buys. Think clothing, toys and books – after gift cards, these are the most popular gifts.

How much money was spent between Black Friday and Cyber Monday? ›

How much do people spend on Black Friday and Cyber Monday. It seems like nothing can stop people from spending during the long-awaited Black Friday season. In 2023, more than 200 million people made at least one purchase. Of them, more than 134 million shopped online, spending $38 billion over the 5-day period.

What is the impact of Black Friday and Cyber Monday on the American economy? ›

Adobe Analytics reported a record $9.8 billion in Black Friday online sales, up 7.5% from 2022, not accounting for inflation. And for Cyber Monday, the numbers were even stronger — consumers spent $12.4 billion, a 9.6% increase from 2022. During the peak hour, shoppers spent $15.7 million every minute, Adobe said.

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