With the average customer starting their shopping early this season, businesses are getting a head start on their holiday sales, causing the birth of Cyber Month. According to oracle.com, 72% of shoppers had plans to have their orders delivered going into this season, and only 36% factored fast delivery into their purchasing decision. Their solution is to start shopping early. This shift leaves businesses and customers questioning what Cyber Month means for traditional shopping events like Black Friday and Cyber Monday.
These events are beginning to evolve online, with more people holding out for Cyber Monday instead of Black Friday than ever, with Cyber Monday surpassing Black Friday sales in 2021 by $1.8 billion. Ongoing supply chain issues will continue to pressure these events in the coming years, but many businesses will seek ways to improve and salvage these events.
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