Other analysts say the trend towards online shopping that was displayed on Black Friday is likely continue after Cyber Monday right through the holidays. "Traditional bricks and mortar businesses are increasingly requiring expertise from third party specialists in order to compete and catch up with 'digital native' businesses. The smartphone, digital marketing and finding ways to fulfill the online customer experience are all trends that continue to transform the retail industry," Jeremy Gleeson, a fund manager at AXA Investment Managers, said in an emailed comment to Newsweek. "This is being driven by changes to the retail industry underpinned by innovation and the digital economy. last year for retailers of $3.45bn of sales in a single day. REUTERS/Noah Bergerįorecasts suggest that consumers will spend an estimated $3.81 billion on Cyber Monday in 2017, up from an all-time high in the U.S. Outgoing products move along a conveyor belt at an Amazon Fulfillment Center on Cyber Monday in Tracy, California, U.S.
WALMART CYBER MONDAY 2017 LEGO SETS TV
Shoppers will see the following deals at Amazon on Cyber Monday : Amazon Echo Dot for $29.99 (was $49.99) Amazon Kindle for $49.99 (was $79.99) Amazon Fire TV Stick with Alexa Voice Remote for $24.99 (was $39.99) Sony 55-inch 4K UHD smart TV for $598 Up to 30 percent savings on selected Lego sets Up to 60 percent savings on hit video games, including Call of Duty: WWII and Overwatch. No sales figures have been released by Amazon but it said two of the most popular items were two products made by Amazon: The Echo Dot and the Fire TV Stick.Īmazon's Cyber Monday sale will start a day early at 5pm (EDT) on Sunday for owners of an Alexa-powered device, allowing voice shoppers to get a head start on the best deals.
Amazon is hoping to capitalize on its Black Friday dominance with Kindle, Echo, Fire TV and other electronics deals announced for its massive Cyber Monday event.Īnalysts from GBH Insights suggest Amazon's Black Friday sales comprised up to 50 percent of all e-commerce sales on November 24, while forecasts suggest Cyber Monday will see record-breaking sales for the online retail giant.
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