If you’re like most people, you’re always looking for a bargain these days. The best place to find those bargains is online. In 2009, over 87% of online stores offered promotions in an attempt to get consumers to shop with them.
The best time to get your shopping done and take advantage of the best deals was on Cyber Monday. This year, 96.5 million people shopped online, which was 11.5 million more people than in 2008. Online shopping only accounts for 10% of sales, but as time goes on and more people begin to realize the convenience and safety of shopping online, that number will rise.
Two of the best features of shopping online, and Cyber Monday in particular, are enormous discounts and free shipping. Amazon is one site that has become a seasoned professional at how to run an online store. Their stock price shows it as it now trades at an all time high of nearly $136. There will surely be other companies to compete with Amazon, but right now they’re the top dog in the online world, even ahead of Wal-Mart.
Traditional stores are attempting to use communication through Facebook and Twitter to let consumers know about current deals. Since peak sales are really in December, they still have a shot to hang with online behemoths like Amazon.
Cyber Monday 2009 Deals: Not Too Late
It’s true that a lot of sites had some great discounts in place for cyber monday and there are still a lot of deals to be found online today. I like to use shopping sites like shopeathome and lilideals.com because they collect all of these offers and put them in one place. They have coupons, discount codes and free shipping offers and offer cash back on purchases!