Ready for Black Friday and Cyber Monday shopping?

 

Have you heard about Black Friday shopping and Cyber Monday shopping?

These two terms are very common among Americans and pretty sure unfamiliar in Malaysia as well as Southeast Asia.

Black Friday refers to the day following Thanksgiving Day (fourth Thursday in November month) in the United States and it the beginning of the Christmas shopping season. Majority of the brick-and-mortar retail shop will open earlier (i.e. 4 a.m.) on that day to kick start their Christmas sales promotions. The Monday after Black Friday named as Cyber Monday, which is a marketing term used to persuade people to shop online.

Most of online retailers will take the opportunity of Black Friday and Cyber Monday shopping to boost up their online sales. According to report by comScore, Inc. Cyber Monday Online Sales was increased 16 per cent in 2010 with US$1 million (RM3.06 million) sales and increased 22 per cent last year with US$1.2 million (RM3.67 million) sales. Therefore, Cyber Monday shopping is expected to grow this year and will keep the online retailers busy until New Year is over. People will shop around virtually to grab specials gifts for their love one but believe this not only limited to American. We as Southeast Asian will also start do online shopping for Christmas gifts too due to many sales promotion offered.

The boom of Internet sales also will open the door for cyber criminals such as identity theft which starts with the misuse of your credit card number or other financial account information. Therefore, you as an online shopper must understand how vulnerable you are to identity theft and how you can prevent it. You may refers to the 15 tips for shopping online safely which we shared at http://vsdaily.com/15-tips-for-shopping-online-safely/.

by Alice Lee

Author: VSDaily Editor

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