Cyber Monday is real. A study of 500 working people revealed that fully 46% will shop while at work on Monday. Cyber Monday was coined to designate the Monday after Black Friday and kicks off the online shopping season. With more and more retailers offering deals before Black Friday, this trend may not be sustainable.
Implications - Online shopping is taking over the retail industry and because of this, many businesses are succeed and others are failing. The surge of Internet shoppers has had a huge impact on consumer purchasing patterns, so businesses should see this shift as an opportunity to strengthen their online brand to move more merchandise.