Cyber Monday Preview
GAINESVILLE - Retailers are recovering after a busy holiday shopping weekend but while traffic through the brick and motar stores may be slowing, online things are beginning to heat up.
Great deals just a click away. Cyber Monday is expected to be a huge hit this year. That's according to the group Shoppertrak. Cyber Sales last year hit 1.5 billion dollars. Experts say this year could reach closer to two billion.
Holiday shopping-- Some are just about done, while others haven't even started. Black Friday may be over, but the sales are just beginning. According to AAA Consumer Pulse-- this year, six in ten people are expected to take advantage of cyber Monday sales, this being the highest number on record. Mark Jenkins a spokesperson for AAA said, "Cyber Monday is expected to be bigger than ever before with an 11% increase since 2010.”
Although internet shopping is on the rise, spending may decline. According to a recent holiday shopping survey by AAA consumer pulse, about 30 percent of people plan to spend less money on gifts. "Well the government shutdown had a real effect on consumer and business confidence and so with another potential shutdown looming on January... There's a lot of concern out there and people are becoming a little more tighter with their money this holiday season," Jenkins said.
And that's exactly why people are hunting down discounts, especially if the sales are conveniently at your fingertips. "People are looking for good deals. Money is short and time is short and for those who like to shop quick and easy, it's definitely beneficial,” Michele Taylor-Caldwell an online shopper said.
But for some people shopping online takes away from the holiday feel Jackie Taylor said, "I basically prefer in store shopping because I can usually get what I want, get it boxed and get it mailed.”
Some experts estimate this year more people will participate in Cyber Monday than Black Friday. So in order to have a good experience, don't forget your online coupons and don't get carried away, stick to your shopping list.
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