5 Tips for Getting the Best Online Deals on Cyber Monday 2022
10 November 2022In 2005, Ellen Davis of the National Retail Federation initiated Cyber Monday to encourage people to shop online. Cyber Monday is a marketing term for an annual event devoted to online shopping during the Holiday Season. It’s where the biggest day for online sales happened following after Black Friday and Thanksgiving weekend. Due to its remarkable consumer response and high sales on retailers, other parts of the world followed the concept, including the Philippines.
This year, Cyber Monday falls on the 28th of November. Online retailers will exclusively offer Cyber Monday deals and discounts on the day. Prices may be lower during the Black Friday deals, but Cyber Monday has the lowest deals of the year.
So, are you looking for the best deals on electronics and gadgets online? Load up your e-wallets and get ready for Cyber Monday deals!
How does the Cyber Monday Deal Work?
Right after Black Friday, merchants and retailers are cutting their prices online on Cyber Monday for a period of 24 hours. There are no lines, no fighting in huge crowds; it’s purely online shopping.
What Products are Available on Cyber Monday Deals?
You will see some top brands selling their products with amazing deals. This includes Best Buy, Amazon, Nordstrom Rack, Macy’s, Home Depot, Target, Kohl, and many more.
Here are the deals you must not miss:
Apparel
Since most people are buying new clothes this Holiday season, apparel is the biggest category that offers the best price deals. Retailers have overstocked items so expect a range of casual wear selections on Cyber Monday.
Shoes
It will be the best time to shop for different types of shoes on Cyber Monday. From kids to adult shoewear, you can find at least 50 percent discounts on all shoe items.
Kitchen Items
Cyber Monday won’t ever disappoint you when it comes to the sale of kitchen items. If you missed Black Friday appliance deals, rest assured you will find kitchen items like coffee machines, spice racks, and Insta-pots.
Electronics and Computers
Most of them are discounted from Apple devices like the Apple MacBook Air, apple iPad Air, and Samsung tablets. If you’re looking for the lowest price of a Nintendo Switch Xbox series or a QLED Display TV, you can definitely buy them on Cyber Monday. Thus, you can purchase different tech deals and electronics on special promotions, including gaming laptops and Samsung galaxy buds with premium-class-leading noise-cancellation features.
Cyber Monday Facts and Figures
Now that the COVID-19 pandemic is almost over, expect these facts and figures to change this year. Here's Cyber Monday in figures.
- Over 90 percent of merchants and retailers offer special promos and discounts on Cyber Monday.
- In 2021, it broke the sales record online with 10.7 billion dollars in revenue.
- Over 50 percent of online shoppers are men.
- It had a 19.3 percent sales increase in 2018 from the previous year.
- More than 50 percent of sales were ordered through smartphones.
Cyber Monday versus Black Friday Deals
Although they have one thing in common, which is offering marked-down prices, their method of selling is different.
Black Friday refers to brick-and-mortar stores offering sales and promotions. You need to visit your preferred physical store to avail of Black Friday discounts. Thus, you need to join a huge crowd rushing to stores to buy those things you want.
Meanwhile, Cyber Monday enables you to purchase things online without the need to visit their stores. So it is stress-free and convenient. You can still shop even if you're fully loaded with your office work. What's more, Cyber Monday deals offer the lowest prices; you'll just have to be resourceful and techie.
Tips for Getting the Best Cyber Monday Deals
So, why does this event fall on Monday? Here's a quick trivia: The first thing that most people do in their workspace on Monday to ease out is no other than shopping.
Whether it is a typical you or not, shopping for Christmas gifts and treats can be answered through Cyber Monday Deals.
1. Make thorough price research.
You must not assume that it is already the best deal online just because the product is discounted. Do your price research first. Just like buying a house and lot in the Philippines, make sure these are the things that fit your needs. But the most important thing is you know what you want to buy.
2. Pay attention to the ads.
Most online retailers post updates on social media and boost advertising. It would be ideal to sign up for their newsletters, especially your favorite retailers and merchants, before the Cyber Monday Deals. They usually provide or announce early deals, and usually, those who subscribe can get first-hand info. Thus, stay on top of the ads.
3. Consider getting cashback
You can save money when shopping online, too. Apart from having the best deal prices, consider getting a cashback. Apply for promo codes or digital coupons, or use a rewards card to earn points or cashback. Believe me, getting the best online deals is like having an affordable house and lot property in a sustainable community.
4. TikTok is the key
There's a new frenzy in advertising today. It's not on Facebook or Twitter because they bear such a competitive arena. Retailers utilize TikTok to promote their products because they know that younger generations are potential buyers. Plus, they know how these generations are great influencers on a buyer's journey. Hence, they know how to persuade other generations to shop online. So, partner up with your children or grandkids and learn how to use TikTok.
5. Determine your limit
It feels so good and liberating to buy everything you have been dreaming about for a long time. But, you must keep your stance to avoid overspending. Always set a limit and learn to stick with it. You will never know what future you await. Remember, all these things can only give you short-term happiness. Therefore, it would be wise to put some money into an investment.
Say, buying an affordable house and lot for sale can be reasonable enough. You spend less but earn profits in a few years. As you can see, real estate is a tangible asset; it increases its price value over time. You can keep it and rent it out to cover the mortgage payment. Or, you can sell it at a higher price.
Spend on Deals with Long-term Benefits
Black Friday or Cyber Monday only shows that Christmas is just around the corner. It is time to share your blessings with your loved ones. However, wouldn't it be memorable to give them or even yourself a special treat that is long-term and worth value for your hard-earned money?
This Holiday Season, Lumina Homes is inviting you to take the opportunity to avail our affordable housing packages. It features a wide selection of modern homes with complete amenities suitable to your lifestyle. Moreover, Lumina Homes have over 50 locations in the Philippines that you can choose from. So, be a part of the Lumina community and experience a true home where your heart is.
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