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Shoppers predicted to spend around $12B during Cyber Monday
A.Lee3 months ago
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ORLANDO, Fla. — You may be among the millions of people searching for a good deal online for Cyber Monday. Data shows this year’s sales could be historic. The number of Americans shopping online Monday is expected to set an all-time record. Shoppers are predicted to spend $12 billion dollars online during Cyber Monday. That would be a 5% increase from last year. With inflation on their minds, shoppers are pickier than ever in their hunt for deals. Analysts say the biggest overall biggest discounts, up to 35%, are on toys, electronics, and clothing.Read: Jill Biden says White House decor designed for visitors to see the holidays through a child’s eyes However, Walmart is advertising discounts of up to 80% off some items. While Amazon is promising new deals every 5 minutes throughout the day. Despite online shopping getting so much attention, experts say more than one-third of consumers under 30 still plan to shop in-store.See: Meals on Wheels to help seniors on Christmas; How you can help to download our free news, weather and smart TV apps. And to stream Channel 9 Eyewitness News live. ©2023 Cox Media Group
Read the full article:https://www.wftv.com/news/local/shoppers-predicted-spend-around-12b-during-cyber-monday/XU3MGW3AYJAAVDNUO7AGMMGJH4/
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