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Al-Scillitani

I was in an eCommerce meeting discussing the up coming holidays and "Cyber Monday" came up.  After some research I found our previous years stats did not reflect a spike in sales on that day.  I then proceeded to read articles on the internet and again, it appears it is just hype http://www.news.com/Cyber-Monday-more-myth-than-reality/2100-1017_3-6137302.html

Thoughts?

 
 

Answers

 
 

Re: Cyber Monday: Hype or Reality?

rene-lemerle
5.00 (Excellent) Vote: WOW! WOW! WOW! WOW! WOW!

October 2007

i agree Dan...business type would definitely influence whether cyber monday is a reality...similar to "black friday"...I also think consumers are less predictable in their buying behaviour...some are starting to purchase earlier...

online retailers help to perpetuate the "cyber day" concept...running sales and special offers around that period will naturally force a spike on these days...everyone loves a bargain.
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Re: Cyber Monday: Hype or Reality?

wrtrgrl
Vote:

October 2007

It's probably just another day Hallmark wants to turn into a Holiday so they can sell cards.

Seriously, though - Has anyone noticed a spike in traffic - even if there's no spike in sales? I would think that people might want to check out products after hearing about them from their coworkers - or even family members.

Just a guess.
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Re: Cyber Monday: Hype or Reality?

Al-Scillitani
5.00 (Excellent) Vote: WOW! WOW! WOW! WOW! WOW!

October 2007

Great point! "online retailers help to perpetuate the "cyber day" concept...running sales and special offers around that period will naturally force a spike on these days...everyone loves a bargain."
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Re: Cyber Monday: Hype or Reality?

danlondon
4.00 (Good) Vote: Interesting Interesting Interesting Interesting Interesting

October 2007

Offline...Wal-Mart is saying they will sue ANYONE who leaks their Black Friday ad prior to the 23rd.
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Re: Cyber Monday: Hype or Reality?

danlondon
3.50 (Good) Vote: OK OK OK OK OK

October 2007

Surprisingly the company where I work had a big spike the Friday after Thanksgiving and it carried us along for the rest of the year. It might depend on the business.
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