What to look out for during Cyber Monday
The phrase "Cyber-Monday" was coined in 2005 to recognize the time American shoppers began going online to shop. Back then, consumers waited to return to work after Thanksgiving to shop on their desktop computers since most shoppers were still without high speed internet service in their home.
Today, Cyber-Monday is the single biggest online shopping day of the year. 2015 is expected to break all records with Americans spending over $3 billion from their computers and smartphones.
Here a few things to watch for:
· Lightning/Flash deals. Amazon continually rotates in big discounts on items. Some discounts are 60-70% off the price Amazon is already charging. Lightning deals last only for a short time or until they’re sold out. Over the Black Friday weekend, a Dr. Seuss coffee table book that normally sells for $180 was just $19.95 until it sold out.
· Lightning deals are posted on the Amazon homepage along with upcoming sales.
· Game Systems such as the PlayStation 4 and XBox 360 are both running around $300 bundled with a game. Those prices have been found generally at all retailers as the lowest price.
· Best Buy is listing the iPhone 6s for sale at $99 with a new 2 year contract.
· 4k televisions are a hot item this holiday. Retailers are selling some 60" models for under $400. Higher end 4k televisions will reach their lowest price after the first of the year and before the Super Bowl.
· Some Twitter accounts will do the hard work for you to find the best deals. @kinjadeals is one account that continually searches for and posts the best deals on the Internet.
Remember to watch your credit card statements for any fraudulent activity. Hackers and cyber-criminals go where people are and Cyber Monday brings more shoppers and credit cards online than any other time of year.
– Never place an order through a link in an e-mail. Visit the merchants website to make purchases.