This is news to me! From a local news site:
http://www.wlwt.com/technology/10402859/detail.html
Hold On To Your Mouse, It's Cyber Monday
Many Retailers Offer Online Shopping Deals
POSTED: 7:29 am EST November 27, 2006
Black Friday is history. Next up: Cyber Monday.
Web Site: CyberMonday (May be down due to heavy traffic.)
Traditional retailers began their holiday shopping season push last Friday -- with so-called "Black Friday."
Monday is being called "Cyber Monday."
This is becoming a new tradition -- watching Web sales on the Monday after Thanksgiving. The thinking is that after the long holiday weekend, workers are getting back to their offices and making use of those high-speed Internet connections to point, click and shop.
Many online retailers are seizing on the date to offer sales promotions. They're hoping some consumers who are stuck at work might take time to surf and spend.
It is not the busiest shopping day of the year for e-tailers. Last year, that day was Dec. 12, one of the last days of the holiday season that retailers were offering free standard shipping. In fact, comScore put Cyber Monday somewhere around the 10th busiest day.
ComScore Networks found that on Cyber Monday last year, non-travel spending jumped 26 percent, to $485 million.
Internet commerce continues to grow strongly, but it is still a small portion of overall holiday sales.
Even so, a number of promotions are in place Monday.
The retail trade has a Web site that tracks many of these at cybermonday.com.
Can Internet Keep Up?
While would-be online shoppers will be keeping an eye out for bargains this Cyber Monday, a lot of people will also be keeping an eye on how the Internet itself holds up on what is traditionally one of the biggest days for online shopping.
Many sites are offering special online deals. But the problems that plagued many of those who tried to shop at home on Friday is likely to cause concern that the various sites and servers may not be up to the demand of a busy shopping day.
Black Friday kicked off a frustrating shopping experience for many who tried to access Web sites operated by Wal-Mart and Walt Disney.
The sites had problems handling increased demand.
On the day after Thanksgiving, people who tried to open Walmart.com were greeted with blank pages, delays or other problems. By early afternoon, visitors were simply told to come back later.
A spokeswoman for the Wal-mart Web site blamed a "higher than anticipated traffic surge." Walmart.com is the 21st most popular site in the United States, according to comScore Media Metrix.
The Walt Disney Co. also had problems handling Friday's online rush.
Amazon.com also suffered brief outages on Thursday, because it was running a Thanksgiving Day sale on the Microsoft Xbox 360 video game console.
It will also be interesting to see how many people actually log on to shop at work this year -- as more and more people have access to high-speed Internet access at home or in other locations.
Strong Sales, But Will It Continue?
Retailers got the big start they'd been hoping for over the Thanksgiving weekend, but now the question is, can the momentum be sustained?
Early tabulations show that special early hours Friday and huge discounts helped draw larger than expected crowds. That produced robust sales which were needed to offset slower sales as the weekend wore on.
Electronics chains, such as Best Buy, appear to have fared best. Popular-priced department stores, including JC Penney, did well by offering deals. But Wal-Mart was a notable exception, despite promising its most aggressive discounts ever.
ShopperTrak, which tracks sales at mall-based retailers across the nation, said it expects the weekend's sales will be higher than last year. But the group's co-founder said the true measure of the season will be whether stores can sustain shoppers' loyalty now that the hysteria has passed
Cyber Monday?
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For some spectacular deals, check out [url=http://www.buy.com[/url]Buy.com[/url]. They are offering $20 off orders of $50 or greater if you use Google Checkout to pay, and many items have additional mail in rebates. I've bought several items listed at just over $50 for $10-$20 each with these deals.
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