UAE’s eCommerce Market is expected to reach $11.01 billion in 2024. With the rise of eCommerce, events like Cyber Monday are gaining traction. Cyber Monday is an online shopping event that occurs on the Monday after the Thanksgiving holiday in the US.
Let’s understand more about Cyber Monday and the year’s biggest furniture sale.
The Origin of Cyber Monday
Cyber Monday began in the USA in 2005. The National Retail Federation’s marketing team coined the term. The event aimed to boost online sales following Black Friday, which traditionally focuses on in-store shopping.
As internet usage expanded, retailers noticed a surge in online purchases on the Monday after Thanksgiving. A shift from brick-and-mortar shopping to e-commerce. Over the years, Cyber Monday has evolved. Retailers worldwide joined in to offer online-exclusive deals.
When is Cyber Monday in 2024?
This year, Thanksgiving is on November 28. So, the next Monday, 2nd December 2024, is Cyber Monday.
Cyber Monday vs. Black Friday
Both Cyber Monday and Black Friday offer substantial discounts. However, they serve different shopping preferences.
Black Friday originated as an in-store event with doorbuster deals. Cyber Monday focuses on online shopping. Consumers can shop from their homes.
Consumer behavior also differs. Black Friday shoppers usually look for costly items like electronics, but Cyber Monday shoppers look for varied products, including fashion and home goods.
Benefits of Cyber Monday for Shoppers
You can get these benefits from Cyber Monday:
Exclusive Online Deals and Discounts
On Cyber Monday, you can save significantly on electronics, fashion, toys, and more. These online-exclusive deals allow you to purchase desired products at lower prices than usual.
Convenience of Shopping from Home
You can avoid traffic and crowded malls by purchasing items online. You can shop anytime with 24/7 access to online retailers.
Wider Product Selection
Online platforms offer innumerable products — including international brands and niche items. Need best deals? Compare prices and features across different retailers easily, and you’re done.
International Shopping Opportunities
Cyber Monday gives access to global retailers. This expands choices and might offer better prices on unique items.
Time and Cost Savings
You don’t need to visit multiple stores to shop online. It saves time. Also, you save on expenses like fuel and parking fees. Additionally, retailers often provide free shipping or extra discounts during Cyber Monday.
Personalized Shopping Experience
You usually get personalized recommendations based on browsing history on e-commerce platforms. You get relevant product suggestions for easy comparison.
Summing Up
Cyber Monday is almost a festival for shopaholics. It’s also an opportunity to save hefty on your purchases. While Cyber Monday is an exclusive online sale, Pan Homestore’s ‘Shop for Free’ Furniture Sale 2024 is offline, so you can experience both convenience and variety. Get into the planning mode now to ensure you get the best value for your money.
Also published on Medium.
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