Cyber Monday is now one of the biggest shopping days of the year in the United States.
Various retailers and shopkeepers often keep high discounts and provide goods and services at cheap rates as a part of Cyber Monday Deal. The companies offering hot deals and steals online include famous companies like Walmart as well. A survey in 2009 revealed that consumers spent $887 million while shopping online on Cyber Monday, which indeed was the second biggest shopping day of the year 2009. France, United Kingdom, Portugal and various other countries use Cyber Monday as the marketing term and Cyber Monday Deals remains almost eight days in these countries which shows the attractiveness of Cyber Monday Deals.
The term "Cyber Monday" was invented by the website shop.org. The term was coined in 2005 after a survey reported that 77% of the online retailers and shopping website owners noticed a whooping increase in their sales on the Monday immediately following the Thanks giving Day in the United States.
Every year, more than 500 retailers offer heavy discounts, vouchers, special coupons and sell their goods at reasonably low rates on the official Cyber Monday Deals website that is run by Shop.org. The hot deals include exciting offers on goods varying from laptops, games, movies to HDTVs. The good cause that lies behind this big shopping day refers to the fact that a specific percentage of the total sales made through the official Cyber Monday website goes to the Ray M Greenly Scholarship Fund that works for the better education of students in the field of e-commerce.