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What is Cyber Monday and Black Friday?



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Cyber Monday is a term you've likely heard of, but what does it mean? Cyber Monday is a marketing campaign launched by online retailers the day after Black Friday. Cyber Monday should not be confused with Black Friday. Cyber Monday is the day online retailers offer greater discounts and special deals. Cyber Monday is now the most popular shopping day of the calendar. Cyber Monday is more popular than Thanksgiving as people shop online without waiting in lines.

Cyber Monday is an online marketing campaign for retailers

With the pandemic of COVID-19 and the worldwide shutdown, it's no wonder that more eCommerce owners are preparing for the big day earlier than ever. Although both online and physical retailers suffered the initial impact of COVID-19, eCommerce sites are recovering much faster than physical shops. eCommerce is now more convenient than physical shops because it allows customers to shop from their homes. These are some ways to get through Cyber Monday.


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It's the day after Black Friday

Black Friday was coined by a gold market manipulation scheme in 1869 that resulted in many bankruptcies. According to legend, the day following Thanksgiving saw southern slave owners get a good deal. Although it's hard to pinpoint exactly the beginning of Black Friday but it is believed it began on the day after Thanksgiving. The federal holiday that falls on the day after Thanksgiving in some states is Black Friday.


It's one of the most important shopping days of the year

Black Friday is the best day to find great deals on electronics, and other expensive items. To capitalize on massive sales, retailers usually schedule their Black Friday deals for the day following Thanksgiving. The day before Christmas presents its own challenges. Some shoppers start their holiday shopping before Christmas. Some consumers wait until Cyber Monday to shop online. Black Friday remains the biggest shopping day of the calendar.

It's a United States public holiday

Black Friday was named after a misinterpretation of the day's origins. The term refers to a day in which retailers report huge sales, and the word "black" in accounting means "negative." It was even a curse in 1980 when the Philadelphia 76ers lost twice that day. Today, however it is a public holiday. There are many reasons for this.


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It's a worldwide shopping festival

It's Black Friday yet again. This year, it's better than ever! Many of the biggest retailers will extend their hours during Thanksgiving, offering discounts and special promotions. Amazon is having a record-setting year with their sale. If you act fast, you can score brand-name items at record-breaking prices. Don't wait to buy from these stores.




FAQ

How can I avoid being conned when shopping online?

You need to be careful when purchasing online. Before you make a purchase online, be sure to read reviews and review the feedback of customers. Also, never send sensitive financial information via email. Instead, use a secure site such as PayPal. This way, you can rest assured knowing that your information is safe.


Can I purchase clothes online and then return them?

Absolutely! Online shopping is now easier than ever. All major retailers offer free returns. Simply print the label and return it to us.

However, keep in mind that you'll only receive a refund after receiving the item. You will have to return the item if you decide not to buy it.


Is a debit card good to use when shopping online?

It all depends upon what you are buying, and how much. You don't have to pay any extra fees for credit cards. Instead, you can opt for a debitcard.

If you do not have enough cash to make a purchase, then a debit card may be best because you won't incur any additional charges.

You can withdraw money using a debit card without incurring interest and other charges.

You can also buy petrol and groceries at ATMs which is very convenient.



Statistics

  • The vast majority only change a password to protect privacy a few times a year (27 percent) or, more likely, never (35 percent). (pcmag.com)
  • Your Online Purchases 79% of Americans purchased goods and services online in 2018, which is expected to exceed 90% in 2023. (meetfabric.com)
  • According to the Federal Trade Commission (FTC), online shopping was the fourth most common fraud category for consumers as of February 2022.5 (thebalance.com)
  • A report from the U.S. Census Bureau found that in the first quarter of 2022, an estimated $250 billion was spent on retail e-commerce sales.1 (thebalance.com)



External Links

ic3.gov


nytimes.com


generalpants.com.au


usatoday.com




How To

Online shopping is safe?

Yes! Yes! It is easy to use security software to help protect yourself and keep your private information safe.

Online shopping is very popular as it allows customers to shop from their own homes.

It's important to remember that while you're shopping online, you still need to use common sense and follow basic safety precautions.

If you have initiated the transaction, don't give your credit card number to anyone over the phone or by email. Hang up immediately when someone calls pretending they are from your bank.

Never send sensitive information such as account numbers or passwords via email. Instead, use a secure website to log into your accounts.

Before you submit any personal data, it is a good idea for your browser to scan the address bar. For those who are worried about identity theft, the Federal Trade Commission or Better Business Bureau can offer free services.

These organizations will monitor all transactions and alert you immediately if any suspicious activity is detected.

They will notify you if anyone attempts to steal and identity.

Here are some tips for avoiding being scammed.

  • Never give out financial details over the telephone or by email.
  • Never click on links within unsolicited emails.
  • Do not click on any ads asking for personal information.
  • Never enter your password or pin on a site you haven't created.
  • Before submitting any personal information, ensure that you are on the right website.
  • Sites that ask for personal information to prove their legitimacy should be avoided
  • Before providing any personal information, please verify the addresses and contact information.
  • Watch out for hidden charges.
  • Keep a copy of all receipts in case you need to dispute unauthorised charges later.
  • Report fraudulent activity directly to the FTC and BBB, your local police station, and/or your state's attorney general.
  • Enjoy discounts and offers on online purchases

There are many ways to save on electronics, clothing, jewelry and other household items, such as books, DVDs CDs, DVDs, CDs or toys.

The best part is that you can usually save money on shipping costs.

So go ahead and start shopping online today. It'll be so much easier to shop online for almost everything than going to multiple shops.

There are no lines and you don’t have to deal in crowds.

You might want to give it another shot.




 



What is Cyber Monday and Black Friday?