KGUN 9 On Your SideNewsLocal News

Actions

How much Americans will spend this Cyber Monday

Posted: 7:01 AM, Nov 27, 2017
Updated: 2017-11-27 14:01:14Z

Cyber Monday is expected to be one of the biggest online shopping days in history.

According to Adobe Digital Insights , Cyber Monday is the best day of the shopping season to buy toys. You'll get about 20% off most toy products.

If you're looking to buy furniture or bedding, experts say Tuesday you'll save about 13% more than you would Monday. Altogether, this year is projected to be the best for online shopping sales in history with more than $100 billion in spending for the first time ever.

Monday alone, experts predict $6.6 billion dollars will be spent online--the biggest single day of the year.

Retailers say they're ready to give shoppers the online deals they're looking for. Adobe Digital Insights says more than 50% of stores are offering coupons for shopping online, but only 30% will offer discounts for shopping in store.

What are people buying most? Adobe says nostalgia will play a big role in toy purchases this year with products like the Super Nintendo Classic and nerf guns making a comeback.

And, if you find yourself doing a lot of shopping on your phone, you're not alone. Adobe says more than half of the clicks to store websites will come from a smartphone this holiday season. For the first time ever, stores may see more visits from customers on their phones than on the desktop this holiday season.

RELATED LINKS:

Cyber Monday stats that will shock you

Shopping Predictions for the 2017 Holiday Season