Black Friday is a phrase that came from the big retailers and indicated the day that put their accounts back in the black having been in the red most of or all of the year. This obviously shows that the time up to and including that Friday are busy enough for them to make up for all the quiet times during the year and keep them trading.
Black Friday is the day following Thanksgiving Day in the United States (the fourth Thursday of November). Since 1932, it has been regarded as the beginning of the Christmas shopping season in the U.S., and most major retailers open very early (and more recently during overnight hours) and offer promotional sales. wiki
The term Cyber Monday was coined in 2005 when it marked the beginning of the most successful online shopping to occur after Black Friday, the day after Thanksgiving. Large-scale companies use Cyber Monday as a means to draw in consumers to purchase items online without the hassle of waiting in line or battling other buyers once the store opens. This particular day has been extremely successful that the day itself is now celebrated in other countries around the world, particularly in the Americas and some countries in Europe.
Cyber Monday is originally coined in November 28, 2005 from Shops.org by following a study where 77% of sales happened online thus there is a substantial increase in sales and profits. Across the years, this day has made an impact across the United States alone drawing in customers to select big retailers such as Macy’s, Kohls, Best Buy, Wal-Mart, Target and so forth. More and more consumers are readily buying items online to take advantage of great deals and super savings on shipping. In fact, the sales on the day is so successful (according to a 2010 census) that consumers exceeded over one billion dollars in purchasing products online in preparation for Christmas and New Years alone.
Cyber Monday is a day that for some reason has become a day for online shoppers to get bargains. However, the downside is tolerating the amount of traffic entering a website. However, the number of visitors to a website can overload servers and cause a crash in the system. Regardless of server failures, the website management allows consumers to successfully purchase their online items without falling victim to in-store violence.
Cyber Monday Safer than Black Friday
On another note, Cyber Monday is considered safer shopping. Not financially safer or because of cyber security or anything like that, but simply because you do not have to fight your way to your special deals through crowds of other people heading for the same product. It is the online version of Black Friday. Cyber Monday is a day where online consumers can buy their merchandise.
But, instead online customers are not required to wait in front of the store and wait for the doors to open. Depending on the store, some stores open at midnight or at eight AM. These two days are considered the busiest days in the year where thousands of customers enter the store online and offline. Unlike Cyber Monday which is shopping from the comforts of their home, Black Friday is more confrontational. There have been documented violence on Black Fridays prompting people to be involved in arguments, physical confrontations and most recently shootings. Just have a look at some of the YouTube videos. Scary stuff.