Americans expected to spend $1.5B on Cyber Monday - MyFoxAustin.com | KTBC Fox 7 | News, Weather, Sports

Americans expected to spend $1.5B on Cyber Monday

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By Marianne Rafferty, FOX News - Bio

A record 246 million shoppers visited stores and web sites over the four-day weekend starting on Thanksgiving, but if you're one of the many who chose to stay away from the massive crowds, there's still time to snag some amazing deals.

Retailers have raked in more than $59 billion in sales from Thanksgiving day through Sunday.

"..It was a great start to our holiday season, we got the right amount of people in, we had a good time with them..." said Best Buy's Carlos Carrilo.

And not that Black Friday is history, small business Saturday is long gone and it's now Cyber Monday's turn to shine.

"177 million people are expected to log on for Cyber Monday," said retail analyst Hitha Prabhakar.

Americans are expected to spend an estimated $1.5 billion Monday as retailers ramp up their internet deals.

"It could be the single biggest online shopping day in internet history," said USA Today's Regina Lewis.

For many customers, online shopping means no lines and no waits.

"You don't have to go anywhere that's for sure, you can do it in your pajamas from home," said Joe Rybandt, an online shopper.

Others say the ease of returns is another added bonus.

"You buy them if they have an outlet or a store near you, they don't fit, you bring them to the regular stores so that makes it real easy," said Arlene Grudkowski.

With the gift giving holidays right around the corner, experts say it's better to get your orders in early.

"So time is not on your side online, the earlier you shop, the better the deals, the better the shipping rates," said Lewis.

And if you do miss out on a great deal Monday, Prabhakar says "A lot of these retailers are having these deals all week long, so it's not just Cyber Monday, its Cyber week."

This year's Cyber Monday is expected to be the biggest online shopping day of the year for the third year in a row.  Researchers say Americans are expected to spend $20 billion more than they did last year.


Cyber Monday Apps

Many people will not online shop online from their desktop or laptop, but also on their iPad and their smart phone!

And what better way to find the best deals, than using your apps?  Not just any apps -- there are some designed for Cyber Monday.

eBay is offering 80 percent off services at Bliss Spa at the W Hotel if you use their smartphone to shop.  They're also offering some items for free if you use your smart phone.

Here are few to check out:

  • Catalog Spree
  • The Find
  • Price Blink
  • TGI Cyber Monday
  • Zappos
  • Lookout

Price Blink will send you alerts if you pick an item on a site and can get it cheaper on another site.  So if you pick something on Walmart.com and it's cheaper on Amazon.com, you'll receive an alert before purchasing the item.

Instead of downloading all your store apps, such as Target, Best Buy, Amazon, etc., TGI Cyber Monday puts them all together so you can browse all your favorite stores in one place.

Video: FOX 10's Alexis Vance and Kristin Anderson report.

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