Business
Cyber Monday and Black Friday Deals Break Records: Here’s What to Expect
Following a record-breaking Black Friday, where online sales reached an unprecedented $10.8 billion, shoppers are gearing up for Cyber Monday, one of the biggest online shopping days of the year. According to Adobe Analytics, Black Friday saw significant discounts across various categories, setting the stage for even more savings on Cyber Monday.
During Black Friday, electronics and toys were among the top categories with substantial discounts. Electronics saw an average discount of 26%, while toys were discounted by 25%. These trends are expected to continue into Cyber Monday, with retailers offering deep cuts on a wide range of products.
Amazon, a major player in the online shopping space, has already launched its Cyber Monday deals. Shoppers can take advantage of significant savings on popular items such as the Amazon Fire TV Stick 4K, which is discounted by 56%, and the Blink video doorbell, available for just $30. Additionally, the JBL Clip 5 ultra portable Bluetooth speaker is on sale with a 38% discount.
Other retailers are also expected to follow suit, offering extensive discounts on various products. As the holiday shopping season peaks, consumers are advised to keep an eye on their favorite retailers’ websites and social media channels for the latest deals and promotions.