IS Magazine Blog

Cyber Monday Sales Increase By Over 15%

Nov 29 2011

As the first half of Cyber Monday ended, sales were brisk, as buyers bought lots of discounted items from stores online all over the globe.

That is impressive, considering that last year sales for the same day were over 1 billion in the US, and many shoppers had already spent a significant amount shopping on Black Friday.

What is intriguing regarding this Monday is the number of people opting to use a mobile device to do their shopping. IBM reports slightly over 7% of shoppers used a mobile device during the first half of Monday, which is actually expected to increase as people leave their work, and their computers. Paypal also had good numbers for mobile payments, with an increase of 516% in volume.

If you are online this Monday, you may be interested in seeing some great bargains from Amazon and Best Buy.