Cyber Monday 2013 has been confirmed as the biggest online shopping day ever! Online sales reached $1.735 billion, up 18% from Cyber Monday 2012.
In honor of this record-breaking day, I compiled a list of fun facts for you....
15 Fun Facts About Cyber Monday and Online Shopping
1. "Cyber Monday" was born in 2005. Shop.org - a division of the National Retail Foundation - created the term to reflect the huge spike in online shopping that occurs the Monday after Thanksgiving.
27.7 million people shopped online on Cyber Monday in 2005.
Sales on Cyber Monday were $484 million in 2005 vs. $1.735 billion in 2013.4.
17% of shoppers used mobile devices to purchase things on Cyber Monday 2013, an increase of 55% from 2012.
New Yorkers spent the most money online for this year's Cyber Monday, according to IBM. Next on the list: Washington, D.C. and Los Angeles.6.
In 2012, online shopping peaked at 11:25am EST, and the average order was $185.12 on Cyber Monday.7.
Cyber Monday sales through the years:
The Top 50 Countries for online shoppers as of July 2013:
|Source: Cushman & Wakefield "Global Perspective on Retail: Online Retailing", July 2013
Shoppers spend an average of $100 on themselves while doing their holiday shopping.10.
According to retail studies, customers may leave a store, even if they're interested in making a purchase, because of the "butt brush" - a term for invasion of a customer's personal space.
Shoppers average 5 trips to the mall to get all of their gifts during the holiday season. 12.
Last minute shopper? Me too! Don't feel guilty.... 40% of the entire holiday season sales are made between December 15-24.
By Jennie S.