Cyber Monday 2009: Online deals stretched out by stores
Filed under: News | By: Peter Chubb
Posted on: November 24, 2009 | No Comments
Retailers are not only thinking about Black Friday 2009 and Cyber Monday 2009, they know that they need to look well beyond that if they ever hope to claw some profits back by the end of the year. Once retailers have got this busy weekend out of the way, they then need to plan the rest of the holiday season.
All the usual websites will run online sales on November 30, Cyber Monday, such as Walmart, Target and Toys R Us. J.C. Penny will carry on their sales through to Tuesday and Wal-Mart will have new offers starting on December 4.
More retailers will be offering deals on Cyber Monday, up from last year but no by much. Not only will these online retailers offer money off, but also free shipping as well. However, according to a source from AP we will not see as many discounts online as we did last year.
This could have a huge effect on profits; shoppers will only purchase something on Cyber Monday if they think they are getting a great deal. Retailers know that they need to keep shoppers coming back after these big one day events, so will need to come up with offers throughout December.
There are mixed feelings about Cyber Monday, with many believing that it will take the place of Black Friday. However, we do not think that that will ever happen, if anything, it will be Cyber Monday that ends.
