The shopping season is already on with a lot of awesome deals for your favourite items. If you were not able to go shopping on Black Friday right after your awesome Thanksgiving dinner, don’t worry, you still have Cyber Monday. But before using your credit card this time around, maybe you wish to understand what Cyber Monday is.

What is Cyber Monday and when does it start?

Cyber Monday is an annual online shopping holiday that falls on the Monday following Thanksgiving. Last year it was November 26, this year it is December 2. The term “Cyber Monday” was coined by Scott Silverman and Ellen Davis from the US National Retail Federation and Shop.org in 2005 when online shopping was not very popular.

This was to encourage more people to buy items online for the holiday season and also to help smaller retailers which failed to compete with the big names on Black Friday (even though, they later joined the Cyber Monday train). It is, therefore, more online-focused compared to Black Friday which provides both online and offline deals.

Most people might think that Black Friday is actually the biggest  US online shopping day of the year, but Cyber Monday won that title in 2017 and 2018. Cyber Monday is the day most major online stores offer discounts on all sorts of products; from electronics to dresses. This year it starts at 12 a.m. EST on December 2, 2019, and often runs through the week in some online stores in what is known as Cyber Week.

In recent years, Cyber Monday has become popular among people who want to avoid crowds on Black Friday and who also find it more convenient to compare prices online. Mobile technology and social media have all contributed to making this day even more popular.

Bet you have been saving all year for the holiday season. If you prefer the online approach, then Cyber Monday might be more convenient for you.