Cyber Monday, the Monday after the Thanksgiving holiday, was a term coined in 2005, as a marketing ploy to encourage consumers to shop for their wares online.
In 2013, Cyber Monday online sales grew by 20.6% over 2012, hitting a record $2.29 billion, with an average order of $128.
Best Buy posted its Cyber Monday deals on its site - though there might be a catch. Bestbuy.com went offline twice for roughly an hour on Black Friday, due to an overload of mobile traffic. Online consumers were greeted with the message, "We're sorry. Best Buy.com is currently unavailable. Come Back Soon."
A representative for Best Buy said in a statement that the site was shut down due to a "concentrated spike in mobile traffic triggered issues." Consumers took to Twitter to vent their frustration over the site being offline:
The US Consumer Is So Exuberant, Best Buy's Website Just Died http://t.co/G2ZF4ezaPW
— zerohedge (@zerohedge) November 28, 2014
— Hollis Tibbetts (@SoftwareHollis) November 28, 2014
— Jon Baker (@JBaker0115) November 27, 2014
Best Buy. You have the worst website of all time for a peak shopping time of year.
— eternal hangover (@CannoKolb) November 27, 2014
— CNBC Now (@CNBCnow) November 28, 2014
- A Sharp 42" Class LED 1080p HDTV for $299.99
- A Canon EOS Rebel T3i DSLR Camera with 18-55mm IS Lens for $449.99
- An Asus 15.6" Laptop - Intel Core i5 - 4GB Memory - 500GB Hard Drive for $399.99
- A Lenovo S8-50 Tablet - 16GB for $159.99
- A T-Mobile Prepaid Nokia Lumia 530 No-Contract Cell Phone for $34.99