Home Advertise Contact Blog Advertiser Login RSS
Newsletter Signup

Buy A Business Opportunity of Franchise
Home-Based Businesses
Choosing a Business Opportunity Growth and Profit Marketing and Sales
Plans and Goals Running Your Own Business Start-Up
Working From Home Entrepreneur Exchange Feature Articles
Opportunity Community Opportunity Focus In The News
Come Read Our Featured Articles About Business Opportunities, Franchising, Business Opportunity News and More
Are into healthy living? Do you have an entrepreneurial spirit? If so, you should read about this skincare, beauty and hair care product business opportunity. A company that is pioneering the...
Did you know that you can operate your own business that helps mid to large sized companies with their energy efficiency? Yes you can with this clean technology (cleantech) energy management...
Are you into healthy living? Do you have an interest in working for yourself? Well then, you should check out this nutrition and wellness product business opportunity that enables you to be a top-selling health...

Sponsors

STARSCAPES®
Imagine making up to $500 to $1,800 a day! Call or click now see how you can get your business for FREE! (602) 679-0257
Promotional Products Home Business
Run Your Own Business. Be Your Own Boss. Earn Great Profit Potential. Start At A Low Cost. Try It For Free!
Carelumina
Make up to $1,000/week! We are changing the industry with our physician formulated state-of-the-art products & services!
CTFO
TAKE A FREE POSITION NOW WITH CTFO SELLING CBD HEMP OIL! Join The Hottest Wellness Trend & Next Billion Dollar Industry.
NUMedia
NEW OPPORTUNITY JUST LAUNCHED! Try it before you buy it! Click To Get Your 15-Day FREE Trial! Daily payouts no waiting!
Here's the Quickest & Easiest Way To Earn Passive Income
Absolutely Remarkable Money Making Program! Many come up with excuses when they are afraid to take action! BE DIFFERENT!
Home-Based Travel Business Making $$$$
Cash in with us on the Multi-Trillion Dollar Travel Industry by working as an independent Affiliate for World Discovery!
How Many Leads Does It Take To Close A Sale?
This article is now live on our blog and I know could be very insightful for many. Read On
It Takes a Hot Voicemail to Land a Warm Lead
If you're a successful entrepreneur who provides others like you the chance to follow in your footsteps... Read On
 
Resource Center > Article
Cyber Monday Looks Promising for Online Retailers
23 Nov 11 Posted by: Kathleen C Lanza
in Featured Articles
Share this Article:

Business opportunity and franchise owners who conduct much of their business online have good reason to believe that Cyber Monday 2011 will be a good and profitable day. According to a recent analysis by Forrester Research, Inc., online retail sales in the U.S. this holiday season are expected to increase as much as 15% year over year as today’s especially cost-conscious consumers seek out deals they would otherwise not find in stores. In addition, the so-called buzz about Cyber Monday is growing exponentially with each passing year, giving online retailers even further reason to be optimistic that 2011’s profits will be substantial.

According to Forrester’s findings, 58% of adults who shop online said they are more price-conscious today than they were last year, while 48% of them said they find better deals online than they do when they are relegated to storefront shopping only. This is especially true when shipping charges are waived, which, in many instances, is expected to be the case this year. In fact, 90% or more of retailers anticipate that they will be offering free shipping at some point during this holiday season, according to the National Retail Federation’s Shop.org.

Furthermore, a recent study by Nielsen/McKinsey’s NM Incite examined the growth in online buzz about both Black Friday and Cyber Monday since 2009, providing a good overall indication of how firmly entrenched the phenomenon has become. “Buzz” refers to everything from blog posts and message boards/groups to news sites and Twitter/Facebook. When compared to Black Friday, Cyber Monday 2010’s buzz grew the most, increasing its relative share of activity by a full 75 percent from the year before.

Add to all of this the fact that mobile devices like smartphones and tablets have enhanced consumer access to online buying options like never before in history, and Cyber Monday 2011 looks nothing but promising.

Coined in 2005 by Shop.org, the term Cyber Monday was first used to describe what was already becoming a burgeoning phenomenon. Research at the time showed that almost 80% of online retailers experienced a marked increase in sales on the Monday after Thanksgiving in 2004. Experts surmised that the bump in online sales could be attributed to two key things: 1) Americans returning to work on Monday after a busy weekend of Black Friday and weekend window shopping were back at their desks with high-speed Internet access and the opportunity to buy what they liked for less online, and 2) They could get the job done away from the prying eyes of family members and their other intended gift recipients.

Since that time, Cyber Monday has become an annual ritual for not only consumers, but retailers as well, many of whom have used it to their great advantage by creating one-day-only deals of unprecedented value that generate tremendous profits. In fact, Cyber Monday sales in 2010 were up a full 16 percent from the year before, making it the heaviest day of online spending in history. Sales on that one day alone last year generated $1,028 billion, according to comScore, which is a global leader in measuring the digital world and a preferred source of digital marketing intelligence.

Related Blog Posts
20 Jun 18 Posted by: Todd Hatch
in Featured Articles
Are into healthy living? Do you have an entrepreneurial spirit? If so, you should read about this skincare, beauty and hair care product business opportunity. A company that is pioneering the...
11 Jun 18 Posted by: Todd Hatch
in Featured Articles
Did you know that you can operate your own business that helps mid to large sized companies with their energy efficiency? Yes you can with this clean technology (cleantech) energy management...
7 Jun 18 Posted by: Todd Hatch
in Featured Articles
Are you into healthy living? Do you have an interest in working for yourself? Well then, you should check out this nutrition and wellness product business opportunity that enables you to be a top-selling health...
4 Jun 18 Posted by: Todd Hatch
in Featured Articles
At BusinessOpportunity.com, we have many financial services business options, including a home and commercial property financing business opportunity. As...
30 May 18 Posted by: Todd Hatch
in Featured Articles
There’s no question, technology is the way of the future. Advances in medical technology not only deliver safer and better results to patients, but these medical technology advances also create jobs as well as business opportunities for entrepreneurs.  
 
   
Entrepreneur's Source for Everything Business Opportunity and Franchise Related

I had the pleasure of chatting with Shawn Pigg, CEO of Hotels Etc. for BusinessOpportunity.com's Podcast series that will be released very soon on our new Digital Platform.  Here is the transcript from that call for our regular RSS feed subscribers who get all of our posts first.

If you would...
Read More


Premium Sponsor