Cyber Monday is the first weekday after Black Friday, and a day in which an increasing number of bargain hunters are doing their shopping. Last year Cyber Monday sales topped $1 billion for the first time, reflecting increasing sales over the past five years and 16% higher than sales for 2009. Consumers are finding shopping via the internet a more popular option, it's may be more convenient, faster and easier than battling the crowded retail stores of Black Friday. The deals are as good and sometimes even better.

TUTORIAL: Credit And Debt Management: Repairing Credit

However, there are some downsides. There are no clerks around to answer questions. You can't see and feel the goods and products or try them on for fit. If you want to see yourself in a full length mirror with what might be your new winter coat or hat you won't be able to. (For additional reading, check out: How To Prevent An Online Shopping Nightmare.)

Nevertheless, there are many reasons to recommend Cyber Monday. Consumers who do their research and understand the deals offered will snag the bargains while sitting at their keyboards, far from the hassle of congested retail stores where the products up for sale are often quickly sold out.

Start Here
A good place to start is at This huge website with links to various major retailers, offers coupons, special deals, free shipping and about every imaginable category of product and service. Among the major retailers advertising deals on this site are Sears, Staples, Home Depot, Barnes & Noble, Hewlett-Packard (HP) and Lowes.

Category Links
And whatever you're looking for, it's available. Click on the category link and the offers will pop up. Among the categories are:

  • Apparel Accessories for babies, kids and maternity wear
  • Apparel for men, women and teens
  • Health, exercise and fitness equipment
  • Beauty and skin care products
  • Toys and games
  • Books, magazines and newspapers
  • Music and movies
  • Computers and electronics
  • Audio, and video cameras
  • Still cameras
  • Cell phones
  • Concert events
  • Cruises
  • Office and school supplies
  • Food
  • Flowers
  • Gift baskets
  • Auto parts and services
  • Bed and bath products
  • Home improvement products
  • Halloween costumes

Shipping for many items on the above list is free.

Most of the Majors Are Online
If you don't find your favorite retailer on, enter the retailer's name in the Google or Yahoo search window. Chances are, if the retailer is a major player, it will have a website with plenty of attractive offers. More smaller and specialty retailers, including gourmet grocers and bakers, clothiers and art galleries, have established websites as internet sales have increased and the buying trend continues upward.

Retailers on Facebook and Twitter
Some retailers have a presence on Facebook and Twitter, and encourage consumers to interact with them. Both positive and negative feedback is encouraged, and consumers can post their gripes as well as their praise and compliments. You can also sign up for e-mail bargain alerts, so that you'll be among the first to know when a special deal is available.

Buying Via Smart Phone
Some retailers are set up to sell via Smartphone. If this is your preferred option for shopping, check out your favorite websites to see if it's available.

Check Those Deals by the Hour
Throughout Cyber Monday, many stores offer new deals every hour. If you've got the time and patience to track these bargain-priced offerings, it pays in dollars saved.

The Bottom Line
Cyber Monday is gaining in popularity because it's convenient, it saves time and money, and it side steps the crowds and the often sold out widely advertised bargains. But you can't see and feel the goods, try on the clothing or find a clerk to answer your questions. Nevertheless, Cyber Monday seems to be the wave of the retailing future as more consumers every year chose to use this easy way to shop. (For additional reading, check out: Shopping Online: Convenience, Bargains And A Few Scams.)

Related Articles
  1. Stock Analysis

    Markets Are Tanking: Time to Buy Like Buffett

    Learn about three value stocks Warren Buffett holds in his portfolio. See how Buffett uses market declines to find good deals on stocks.
  2. Stock Analysis

    The 6 Best Dividend Stocks in the Consumer Staples Sector

    Learn about the top six companies that make an attractive investment for investors looking for stocks for dividend income investing.
  3. Mutual Funds & ETFs

    Top 3 Consumer Cyclical Mutual Funds

    Obtain information on, and analysis of, some of the best performing mutual funds that offer exposure to the consumer cyclicals sector.
  4. Professionals

    How Advisors Can Carve Out a Social Media Niche

    Social media is a great way for financial advisors to build a brand and potentially generate leads if it’s properly used. Here are some tips.
  5. Stock Analysis

    The Biggest Risks of Investing in Amazon Stock

    Find out which risks are most important to Amazon's shareholders. Learn which operational risks impact share prices and which financial risks affect investors.
  6. Stock Analysis

    Social Media Networks That Are Cashing in on the 2016 Presidential Election

    Learn how social media continues to shape the way political campaigns are run. Through social networks, candidates can reach voters directly like never before.
  7. Stock Analysis

    How Does Work and Make Money?

    Learn how is taking on retail giants Amazon, Walmart and Costco by promising to save customers an average of 10 to 15% on over 10 million items.
  8. Investing News

    Thursday Intel: Will Q4 Offer a Fresh Start?

    Investor hopes for a fresh start to the world economy in this quarter may be misplaced.
  9. Stock Analysis

    Top 3 Stocks for the Coming Holiday Season

    If you want to buck the bear market trend by going long on consumer stocks, these three might be your best bets.
  10. Investing News

    This is the Fastest-Growing Consumer Complaint

    There’s no way to guarantee that your Social Security number won’t fall into the wrong hands. Here are some ways to make yourself less of a target.
  1. How can I invest in electronic retailing (e-tailing)?

    Electronic retail is one of the fastest growing segments of the economy. Every year, more people are choosing to purchase ... Read Full Answer >>
  2. What is the difference between JIT (just in time) and CMI (customer managed inventory)?

    Just-in-time (JIT) inventory management focuses solely on the need to replenish inventory only when it is required, reducing ... Read Full Answer >>
  3. What are some common ways product differentiation is achieved?

    There are many ways to achieve product differentiation, some more common than others. Horizontal Differentiation Horizontal ... Read Full Answer >>
  4. What economic indicators are important to consider when investing in the retail sector?

    The unemployment rate and Consumer Confidence Index (CCI) rank as two of the most important economic indicators to consider ... Read Full Answer >>
  5. What factors make it difficult to compare performance ratios between retail stocks?

    Companies that operate in the retail sector significantly differ in terms of their profitability and efficiency, making stock ... Read Full Answer >>
  6. Which socially responsible retailers appeal most to ethical investors?

    Ethical investors have many reasons to consider companies in the retail sector. The sector is broad and features an abundance ... Read Full Answer >>

You May Also Like

Hot Definitions
  1. Section 1231 Property

    A tax term relating to depreciable business property that has been held for over a year. Section 1231 property includes buildings, ...
  2. Term Deposit

    A deposit held at a financial institution that has a fixed term, and guarantees return of principal.
  3. Zero-Sum Game

    A situation in which one person’s gain is equivalent to another’s loss, so that the net change in wealth or benefit is zero. ...
  4. Capitalization Rate

    The rate of return on a real estate investment property based on the income that the property is expected to generate.
  5. Gross Profit

    A company's total revenue (equivalent to total sales) minus the cost of goods sold. Gross profit is the profit a company ...
  6. Revenue

    The amount of money that a company actually receives during a specific period, including discounts and deductions for returned ...
Trading Center
You are using adblocking software

Want access to all of Investopedia? Add us to your “whitelist”
so you'll never miss a feature!