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As the holiday season approaches, shoppers worldwide anticipate two of the most significant sale days: Black Friday and Cyber Monday. Both days promise substantial discounts and incredible deals. But which of these shopping holidays offers the best sales? To answer this question, we’ll delve into some data-backed analysis.
In terms of overall sales, Cyber Monday has recently outperformed Black Friday. In 2021, Black Friday saw $8.9 billion in sales, while Cyber Monday generated a whopping $10.7 billion. This shift could be attributed to the growing trend of online shopping and the convenience it offers.
While the overall sales figures lean towards Cyber Monday, the type of product you’re looking for can determine which day will offer the best deals.
According to industry expert Alvarez, the latest-generation products tend to be cheaper on Black Friday. On the other hand, Cyber Monday is an excellent time for smart home devices and smaller electronics.
Historically, Cyber Monday was associated with smaller electronics, appliances, and clothing, while Black Friday was linked with larger ticket items like TVs or Apple products. However, this distinction has blurred over the years as retailers extend their deals across both days.
When it comes to specific items, certain trends have emerged. In recent times, beauty products, clothing, shoes, kitchen items, and iPads were found to have better deals on Cyber Monday.
However, this doesn’t mean that Black Friday falls short. It’s still a great time to buy larger tech items and newer-generation products.
Deciding between Black Friday and Cyber Monday depends on what you’re shopping for and your shopping preferences. If you’re looking for the latest generation products or larger tech items, Black Friday might be your best bet.
However, if you’re more interested in smaller electronics, clothing, or beauty products, you might want to wait until Cyber Monday.
Remember, these trends are based on past data, and retailers can always throw a curveball. The key is to stay flexible, do your research, and monitor prices leading up to these days.
In conclusion, while Cyber Monday has been outperforming Black Friday in terms of overall sales, the best day for you ultimately depends on what you’re looking to buy. So keep an eye out for deals, compare prices, and happy shopping!
Sources:
https://www.nbcnews.com/select/shopping/cyber-monday-black-friday-deals-compared-ncna1279444
https://www.businessinsider.com/guides/deals/is-black-friday-or-cyber-monday-better
https://www.goodto.com/family/money-news/black-friday-vs-cyber-monday-560751
https://www.dealnews.com/features/cyber-monday/ways-cyber-monday-is-different-from-black-friday/
The OnlineShoppingTools Expert Panel is here to give you the best insight on how to save your hard-earned dollars!
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