The stores had their usual array of FIGHTS and chaos on Black Friday . . . which is probably why so many of us stayed home and just bought everything online.
According to Adobe Analytics, we spent a total of $7.4 BILLION online on Black Friday, which is the highest total ever. That works out to an average of $168-per-person, which is up about 6% from last year.
And they’re predicting we’ll spend even MORE today for Cyber Monday . . . they’re estimating it’ll hit $9.4 billion.
The term “Cyber Monday” was coined 14 years ago in 2005.
The website Shop.org ran a press release in 2005, and it was the first time “Cyber Monday” was used.
By the following year, we were already spending over a half a BILLION dollars on Cyber Monday.
We spent about $610 million on Cyber Monday in 2006.