Online Shoppers Hit The Web For Cyber Monday


Monday, November 29th 2010, 8:48 am
By: News 9


News9.com

OKLAHOMA CITY -- They've already had a good weekend, but online retailers are hoping this day is over the top. Retail websites are rolling out the gimmicks this Cyber Monday to draw buyers.

Special prices, free shipping and other deals have some experts thinking this will be the busiest online shopping day of the season.

A survey by Shop.org shows about 106 million Americans plan to hit the web sometime today to snatch up Cyber Monday deals. That's good news for the economy. That number is up by about 10 million people from last year.

Lots of deals out there are being offered for one-day-only. Some of the most common discounts are free shipping and getting a certain percentage off if you shop online.

Some popular online deals include:

  • Att.com is offering a different smart phone for one penny every hour
  • Macy's has buy-one-get-one-free promotions on select women's sweaters and a deal expected to go quickly. A 14-karat white gold diamond accent ring for $199, marked down from $600
  • Barnes and Noble is offering up to 80 percent off DVDs and a buy-one-get-one-free deal on books
  • Best Buy is offering items including a discounted TV

Cyber Monday has been growing every year since 2005 when only about 60 million hit the web for deals. The National Retail Federation reported it was the second-biggest online sales day of the holiday season with $887 million in purchases.

Most people will be shopping from their home computers. But seven million people said they'll be shopping from their mobile phones. That's double the number who shopped on their phones last year.

One of the most popular apps for iPhones is Amazon.com. It allows you to compare the prices of dozens of retailers with a single click.

Learn how to shop safely online.

The Associated Press contributed to this report.