The holiday season is quickly approaching and now is the perfect time to save some money on gifts for your loved ones (and yourself). With all of the Black Friday deals live right now, there are discounts on just about everything anyone could ever need.
What of Cyber Monday, though? The well-known online shopping holiday always kicks off after Black Friday and tends to offer similar discounts from major retailers. If you’re wondering whether or not you should wait for Cyber Monday sales to make a purchase, the answer is usually no. The differences between Black Friday and Cyber Monday are almost non-existent these days and if you find a great deal today, there’s really no reason to hesitate.
Black Friday vs. Cyber Monday Deals
Historically, Cyber Monday sales have been better for online shoppers. This was largely due to Black Friday being somewhat of a brick-and-mortar event in past years. The days of the best discounts only being reserved for folks that camp out overnight are pretty much over, however, and almost all major retailers have all of their discounts online. Because of this, the difference between Black Friday and Cyber Monday deals have pretty much become negligible.
Although these two retail holidays have pretty much become intertwined, there are still reasons to choose one over the other.
Black Friday deals started very early this year as retailers have been encouraging folks to make purchases earlier than ever. This is most likely due to some lingering supply chain issues that continue to make shipping some products difficult. Although you should be able to get most things delivered in time for Christmas even if you make a purchase on Cyber Monday, buying earlier pretty much ensures you’ll have time to send it back and get a refund in time if needed. For that reason, it can be practical to do most of your shopping now rather than later.
Another thing to keep in mind is that some discounts will be a associated with a certain amount of stock. Some of the biggest discounts on Black Friday are on big ticket items like laptops, TVs, and gaming consoles which can sell out quickly. While some retailers will hold on to some stock to sell on Cyber Monday, a lot of these items will sell out before the weekend even arrives. In the case of Televisions, some of the best Black Friday TV deals are on models from previous years and once they sell out, that’s it.
One of the biggest advantages of shopping Cyber Monday deals instead of Black Friday deals is that they aren’t usually happening right in the middle of family time. With most of the Cyber Monday sales beginning over the weekend, it may be a lot more relaxing to do your shopping then rather than just after you eat Thanksgiving dinner.
Black Friday and Cyber Monday Terms Explained
The term “Black Friday” has origins stretching all the way back to 1869, but the most recent interpretation of the term comes from the 1980s. It was during this time that retailers would see an increased profit around this time of year, which would be indicated by the use of black ink (rather than red ink). After this, the window between Thanksgiving day an the weekend started becoming well-known in the media as Black Friday. These days, Black Friday seemingly refers to most of November as retailers start offering discounts the day after Halloween.
The term “Cyber Monday” is a fairly recent one in comparison to Black Friday. It was a marketing term used to describe a boost in e-commerce transactions that occured the Monday after Thanksgiving in the United States. The term itself was coined in 2005 and was made main stream thanks to a press release from Shop.org. Although it was originally used to encourage more people do do their shopping online, it has since become one of the biggest shopping days of the year.
Looking for more shopping info? Take a look at our tips for shopping Black Friday sales for more.