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10 surprising facts about electronic Monday
Electronic Monday.
No line!
It's safe to say Electronic Monday, no matter how discount those Black Friday deals may be, it's still a premium shopping holiday so far.
And I am ready to fight with you about that.
However, despite the fact that you can most likely buy something every Electronic Monday, do you really know a lot about this holiday?
Do you know how high spending is on Electronic Monday?
Well, you're about to find out and maybe - just maybe - it will get you in the next Electronic Monday sale!
Second electronic is a byproduct of the terrible original home broadband speed.
The term "Electronic Monday" was first coined in the early 2000s by Ellen Davis, an e-commerce specialist, who analyzed the online shopping trends around the holiday season.
It is noted that on the Monday after Thanksgiving, millions of American office workers will go online at work and buy everything they spent the Thanksgiving weekend staring into the front window of a store.
But why do they wait until Monday after Thanksgiving to do it rather than on the weekends at home?
You may think you're having a bad problem with your Internet connection dropping from 5g to 4g, but trust me, you won't see anything until you've spent five minutes waiting for the two long Wallpaper video
Seriously - continental plates are used to drift faster than home-buffered broadband.
However, as always, the speed and quality of the Internet in people's offices is far superior to the Internet they have at home.
So because of this, people will do all their online shopping at work, quickly switching between quarterly reports in Excel and a shopping cart with discounted items!
People are still shopping at work on Electronic Monday.
That's right, shopping on your Electronics Monday at work is still the norm - even though most people no longer shop on their work computers or the company's Internet.
Polls on Electronic Monday showed that 95% of office workers admitted to shopping on Electronic Monday while working.
The only difference is that now most of them are using their smartphones and devices.
In 2014 alone, 42% of Cyber Monday sales were from smartphones or tablets.
Desktop purchases still make up the bulk of Electronic Monday's revenue year after year, though.
Other Cyber Monday polls and analyzes show sales peak at 11:25 a.m., the time of day when most office workers are sitting in coffee and motivated to start a week of pungence.
Mondays are exciting and shopping is scientifically proven to help you feel better on Monday.
Buy stuff at crazy discounts on Monday?
Be sure to be careful though - as of 2011, 22% of employers have had to fire their employees for using the Internet for non-work activities!
The amount of revenue generated by Electronic Monday is getting bigger and bigger!
Since the term was first properly coined and the date of the first official outing in 2006, the amount of sales generated by Electronic Monday has increased every year!
In 2006, holiday shopping generated $ 610 million in revenue.
It's impressive on its own, but over the years, Electronic Monday sales have reached enormous scale, with the holiday season hitting a staggering $ 9.4 billion in 2019!
To put it plainly, Black Friday daily sales are often dithering, increasing and decreasing cyclically.
Monday electronic sales figures just increased.
On Monday electronics have become global
In this day and age, the thought of something going global is often accompanied by a deep, serious sigh.
But as Electronic Monday started taking place in the US, online retailers around the world began to crave for a piece of that sweet, sweet consumer act.
Since the dizzying success of Electronic Monday has grown, more than 16 different countries have participated in the action.
I can add that countries do not celebrate Thanksgiving.
I'm talking Germany, UK, France, Netherlands, Belgium, Japan, Argentina, Canada, India, Chile, Portugal, Romania, Columbia, Sweden, Australia and New Zealand!
And - just like in the US - Electronic Monday is just getting bigger in every country.
Men are the biggest consumers of Electronics Monday.
In a survey of 16 countries that celebrate Electronic Monday, it was found that men account for 56% of Electronic Monday shoppers.
The number of Electronic Monday shoppers is increasing but the average order price is decreasing.
The number of shoppers each year is increasing and increasing - this is reflected in the ever-increasing sales figures.
However, this growth is due to the higher number of shoppers each year.
Data analysis around Electronic Monday has shown that the average spend of a shopper has been steadily decreasing since a peak of $ 140 in 2014.
Currently, it is estimated that the average shopper spends less than $ 100 on Electronic Monday as of 2019.
Most people buy electronics on Electronic Monday.
When you hear the term Electronic Monday, your mind will be directed toward technology due to the online nature of the shopping vacation.
It is therefore not surprising that technology and electronics are the bestsellers on Electronic Monday.
However, this is a reasonable trend as TVs, game consoles, tablets, smart speakers, laptops, white goods are often the items with the strongest discounts.
Consumers also get free or reduced shipping costs.
On Electronic Monday, many online retailers, especially large ones, drastically reduce or eliminate their shipping costs entirely.
This can be quite tempting, especially if you're ordering something as big as a TV, desktop, or white goods.
In a poll conducted on a large number of Electronic Monday shoppers, 86% said reduced shipping costs were the second thing about Electronic Monday that attracted them to participate - just one
Electronic Monday is good for little guys.
Unlike large chains and franchises that can afford to expand store premises and reap success on Black Friday, many smaller and independent retailers lose profits from Friday.
Due to the digital nature of Electronic Monday, small stores that cannot afford the same amount of storefront space as larger companies have a more level playing field.
All they have to do to compete with the retail giants is to make sure their deals are great, their warehouses are booming, and their website crashes with traffic.
People 25 - 34 and 65 years of age and older conduct most of their shopping on Electronic Monday.
In a series of polls conducted on multiple subjects, it was revealed that both demographics aged 25 - 34 and 65 and over make up 40% of all transactions on Electronic Monday -
This is quite interesting and can easily apply to the e-Monday story we have come to expect - their mobile and desktop office workers and the golden elders at home on their computers.
So there you have, 10 amazing facts about Electronic Monday!
Let us know in the comments section below your best Electronic Monday deals and what to expect for this year!
