Besides Black Friday itself, there is always a lot of talk about Cyber Monday, which has basically become Cyber Week. So what is Cyber Monday? Cyber Monday is the Monday after Thanksgiving (three days after Black Friday). It is a day where many online retailers offer deep discounts on their items, very similar to Black Friday. Last year, even more people shopped on Cyber Monday than on Black Friday!
One of the pros of shopping on Cyber Monday is that you can do it in the comfort of your own home. No standing out in the cold waiting for stores to open, no standing in line waiting to check out, no fighting over the last Frozen dvd. In addition, items MAY not run out as quickly online. A retailer may choose to continue to sell the item at the discounted price, even if their stock has run out. This is a great benefit because in the store on Black Friday, if the item is gone, it’s gone, and you can no longer get it at that great price. Make sure that you are reading the fine print to see when the item will be delivered if it is going to be back-ordered, however. You want to make sure you get it before your holiday deadline. There is no use buying a present at a great price if you can’t give it to the recipient in time!
There are also some cons to Cyber Monday shopping. For one, many people have to go back to work on Monday and cannot shop online. Luckily, there are a lot of deals to be found online on Black Friday as well. In addition, some retailers are extending Black Friday/ Cyber Monday sales through the week after Thanksgiving, and some have sales going the whole month of November! Another con is that you cannot try on clothing when you buy it online. Make sure you know your measurements so that you get the right size the first time. You don’t want to buy a new outfit for a holiday party only to find out that it doesn’t fit and you won’t be able to get a new size sent to you in time.
Retailers are also able to add and remove deals very quickly online. You might not have a lot of time to decide before an item runs out or the sale is over. Make a list of the things you are shopping for and the highest price you are willing to pay so that you won’t impulse buy. You don’t want to end up with a credit card bill that you can’t pay. We’ll talk more about planning for Black Friday/ Cyber Monday shopping in a later blog post. Make sure you know when your favorite retailers are starting their sales. For example, Target is having a Cyber Week starting on Sunday, Nov. 30th. Check out retailers websites to see when their sales start. Many sites will not let you preview the Cyber Monday sales, unlike Black Friday. Stay tuned for more tips on Black Friday shopping!