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What is the difference between Black Friday and Cyber Monday?

Published

2019

Mon

02

Dec

 

Cyber Monday originated in the US and is a marketing term used for the Monday after Thanksgiving. It was created by retailers to encourage people to shop online. The term was coined by Ellen Davis of the National Retail Federation and Scott Silverman, and has actually been around since 2005. Since then the popularity of Cyber Monday’s has gained tremendous traction. Last year, Cyber Monday online sales reached $6.59 billion in the US alone. Cyber Monday is basically, online stores running their own big sales initiative in an effort to compete with the brick-and-mortar juggernaut that is Black Friday.

Why Monday and not Saturday?
Because it turns out people like to shop while they're at the office. In the early days of online shopping, Monday proved a lucrative day for online stores so Monday just seemed like the obvious choice.

Is there any real difference between Cyber Monday and Black Friday?
In the beginning there was, you would basically go shopping on Friday and then shop online on Monday. These days there are just as many online options on black Friday. All sorts of fun products go on sale for Black Friday and Cyber Monday, which can add up to steep savings.

Insurance Gateway now also offers Cyber Monday savings.
Get a side ad for only R350 per month when you sign up for 12 months. You also qualify for a further 50% discount when you reserve more than three side ads. Because our sponsors are mostly organisations and because these campaigns are subject to budget consideration, the offer will be valid until Feb 2020.  You can reserve your space by completing the form below.

http://www.insurancegateway.co.za/clicklead/cybermonday/

 
Source: Insurance Gateway
 
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A term used to indicate losses resulting from voluntary sacrifices on the part of the master of the ship for the purpose of preserving the safety of the ship and remainder of its cargo. Such losses must be borne proportionately by all owners of the ship and its cargo.
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