So now that the Cyber Monday is unofficially (or officially) done. The numbers are out and the surprise is that the sales were up than last year. But people came to the web for deals and discounts. You know that the basic and fun thing about the web is that you can compare hundreds of stores prices right in your house without going to store to store to compare prices. It has cut down the time and also the fuel used to spend to get from one store to another to get the best deal. Now several websites exists only to give you comparison of prices right across of hundreds of stores.
Now let’s see if the momentum keeps on going for people to spend. But only if the deals are great and worthwhile. You know the lure of the shopping this year was that most of the sites offered free shipping on low weight items and even discounted shipping on high weight items. Another thing is that the in order for people to avail the free shipping they had to spend a certain amount in order to get to the deal and in the process people overspend since after reaching the free shipping deal. It does not matter how much they spent afterwards. The shipping is free. Another thing is most of items are sent tax free in states where the web sites don’t have physical presence (enjoy this while it lasts because it won’t remain like that forever). We will see how this spending spree plays out during the holiday season.
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