POLL: Online Holiday Deals Continue on Cyber Monday

It's Cyber Monday, when retailers roll out special online deals for holiday gifts.  But with more Americans already using Amazon and other online outlets, some analysts fear the best deals have come and gone.

“It's expected that Black Friday is going to generate something like $5 billion in online sales, whereas Cyber Monday is going to do about $6.6 billion,” says online shopping expert Walter Engelbrecht, founder of Give10Back.com.

He argues Cyber Monday is still plenty relevant, with deep discounts on smaller electronics.

“IPhone 8s, Apple Watch 3, Samsung Galaxy S8, the Note 8 and Play Station 4, Sony has lowered the price from $299 down to $199,” says Engelbrecht.

CyberMonday.com has a lot of great deals, SlickDeals.net is another great site, DealNews.com is another great source,” he says.  “And there are even apps out there that can help you find the best deals.”

Consumers are demanding the efficiency and convenience of digital shopping, which is probably why you didn't see the large Black Friday crowds like in years past.

“Black Friday is melding right into Cyber Monday, actually Cyber Monday continues into December as we lead up to Christmas.”

Don't forget about Giving Tuesday, when Amazon and other companies donate a portion of their proceeds to charity.


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