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8 commentsFriday, November 21, 2008

Tips For Online Retailers Preparing For Cyber Monday

Strategies to use

8 Comments

All of this points to

All of this points to consumers finding more deals online as opposed to their local stores, who cannot move such volume on a local level. In addition, it is much easier to search for deals online than it is driving from store to store. I can not even tell you how many new local customers are coming into Audio-Depot that found us online through our low price on a Google product search!

Another Place to shop online

I have saved a lot of money and time by shopping on www.cybermondaydiscountcodes.com

this your site is it? -

this your site is it? - spammer


Walmart has the biggest discounts this year

I know American's won't be buying as much this year as they have in the past, but I am surprised retailers aren't offering the discounts we all hoped for.

If retailers wanted to get rid of their inventory, I was sure they'd cut prices big time.

Although, good old Walmart is still cutting prices like crazy.

Walmart is definitely the place to go for Black Friday. View their Black Friday ad here: http://www.2008blackfridayads.com

Day After Thanksgiving is the big one

Last year was the first year that I did a thanksgiving sale of my digital products and I did a months worth of turnover in 3 days!
As everyone is tightening their belts I think that there will be more hunting high and low for the best deal on just about every product.

I know my wife is aiming to do most of her black friday shopping online rather than going out in the cold at 5am to line up and then find the shop ran out of the item. Staying home in the warm and get the bargains online seems like a much better idea.

Online sales are up and going up!

In spite of the likely recession, I will not be surprised if online sales increase by far more than what the article suggests. Many online retailers like us have taken full advantage of manufacturer and distributor overstocks, enabling us to offer crazy discounts on pro audio stage and recording studio gear. We have even expanded into new markets, such as guitar accessories and portable handheld recorders, with the deals that we got from one distributor.

Needless to say, we now have better prices than our big competitors like Guitar Center . At the same time we are now making a far better profit margin (and even more profit dollars per sale)than they are on the same item. Score one for the little guy! In an economic downturn consumers search for the deals--and we all know that the deals are out there!

All of this points to consumers finding more deals online as opposed to their local stores, who cannot move such volume on a local level. In addition, it is much easier to search for deals online than it is driving from store to store. I can not even tell you how many new local customers are coming into Audio-Depot that found us online through our low price on a Google product search!

It's true...

Thanks, Mike, for this pre-holiday information. The sales on my safety and security web site have already increased from last year at this time. Even though the gas prices are lower, I think people are still shopping online to save time and gas.

Tips for Online Stores

Thank you for the information.  I have found it to be helpful.

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