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Black Friday Vs. Cyber ​​Monday: What's the difference?

Looks like fun – not.

Ron Pruitt / Demotix / Corbis

There are three American holidays in late November: Thanksgiving, Black Friday and Cyber ​​Monday

You know what Turkey Day is all about: turkey, duh. But what about BF and CM? They're just big sales posting the holiday weekend, right?

Actually, there is a bit more to the story.

Read More: How to Save Even More on Black Friday and Cyber ​​Monday

When did Black Friday begin?

Black Friday dates back to the early 1

950s, when retail stores started large-scale Christmas shopping. So great, in fact, that the annual shop profits often tipped into "the black" (that is no longer "in the red", that is the accounting term for losing money) once all receipts were counted.

Shoppers came in droves because the day after Thanksgiving was usually a day off, making it the perfect day to shop. In shops . Then the Internet happened, and Black Friday spread quickly around the world.

This year Black Friday is on November 23 but shops can be found earlier.

More information: 5 Things to Know About Black Friday 2018

When did Cyber ​​Monday begin?

It's hard to believe, but Cyber ​​Monday dates back to 2005. Back then, before it was obvious to order anything online, shoppers needed encouragement. Online stores began to run their own big sales to compete with the brick Mortar juggernaut that was Black Friday.

Why "Cyber ​​Monday"? Because the Internet used to be often referred to as " cyberspace ". Picturesque, no?

Why Monday and not Saturday? Because it turns out that people enjoy shopping while in the office, with fast computers and high-speed connections. (Remember, most people used to have only dial-up modems at home.) In the early days of online shopping, Monday turned out to be a lucrative day for online stores – and they've accepted it. [19659005] More information: 7 tips to get the best deals on Cyber ​​Monday

Are not they really the same?

Yes and no. Black Friday was born in retail; Cyber ​​Monday was the answer of the online world. So, in the beginning you were in stores on Friday and then in cyberspace on Monday.

Black Friday is now just as much of an online event as an online event – probably more. Although there are still "door openers" in many stores where buyers must actually turn up (see Kohl's ad from last year), the online world has fully embraced Black Friday.

But it's not really different: the brick-and-mortar sale is usually on Friday and that's it. Cyber ​​Monday is almost exclusively an online "vacation".

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How to save even more on Black Friday and Cyber ​​Monday


Which day has the better deals?

It depends on what you are looking for. The above-mentioned doorbusters will usually outperform anything you will find online, be it on Friday or Monday, as the stores are ready to break even or even spend money on a product to get you in the door ,

That said modern shoppers tend to prefer online shopping, and while even the deals on Cyber ​​Monday might not be as good as they were on Black Friday, the former tends to generate more actual revenue for sellers. In 2017, CM sales in the US reached $ 6.6 billion, a new record and nearly double that for 2016. BF's $ 5 billion, also a record, declined.

Bouncers usually have to queue up to fight crowds and a limited amount of inventory – often for relatively modest savings. Something like a Amazon Echo Dot (usually $ 50) could be available in the store for $ 30, which is a lot, but if it's $ 35 online, you're really going to spend all that time and energy To save $ 5

So the "better" deal could be the one that takes a couple of clicks instead of a few hours, even if it means spending a bit more.

What you should know about both days [19659009] Do not let yourself get carried away by the hype. Stores are pulling out all stops to experience FOMO: Fear of missing something. "Best prices of the year!" "This sale will not be repeated!"

Hogwash. I earn my living as The Cheapskate, and I'm here to tell you that every day is Black Friday – and Cyber ​​Monday. There will be some solid deals in November, no doubt, but I see similar ones all year round. Sometimes better.

Ultimately, before you buy anything, you should do your homework every day and make sure bargains are a bargain .

Originally posted on 30.10.2017
Update, October 24, 2018 : Updated for 2018 with the latest numbers.

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