Cyber-Monday

[conehead433]

It's no surprise that Black Friday far outpasses Cyber-Monday as a great sales day for retailers. There are usually some great deals on BF if you are willing to make it to the stores early, stand in line to get a good deal, stand in line to check out, etc., but on Cyber-Monday the online sellers raise the prices on the deals they had on BF and expect buyers to simply accept the higher prices as a convienience of not having to forego the previously mentioned torture ritual for getting a good deal on BF. It's much easier for a B&M (Brick & Mortar) store to lure in the customers with loss leaders - deals that they lose money on just to get customers in the store, who will hopefully also buy items they make some money on. Online retailers have it harder as shoppers will simply hit them for the real deals and simply move on. The concept of a great shopping day on the Internet was a good idea, and no doubt many millions of dollars will be spent online this Monday, but I haven't found any deals too good to pass up, and for me this has been the case each Cyber-Monday that was was supposedly a great day for online Internet bargains.

 

[kranky]

I think the only people who flog the concept of Cyber Monday are people who stand to benefit from getting customers all excited about buying stuff online.

Like you said, what's the incentive for online stores to cut prices for one day? All it would mean is less profit because online shopping isn't like B&M shopping - customers don't spend a lot more just because they are already "there".