Beverly Hills 12/2/2009 1:16:33 AM
News / Business

Cyber Monday Outperforms Black Friday?

Financial World News Update by Equities Magazine

Early data is indicating that Cyber Monday out performed Black Friday in 2009. Online buying rose 14 percent with consumers buying 30 percent more this year than in 2008.

Reports have suggested that shoppers purchased 10 percent more items by order than they picked up in stores on Friday.

4.3 million shoppers per minute visited retail web destinations throughout Monday in North America, according to the Internet monitoring firm Akamai.

Sifting through deals online is less troublesome than finding them in the mall where heavy traffic and long lines makes buying a hassle.

Among all the products being clicked and put into online shopping carts, the wireless reader, Kindle, was especially sought after on Cyber Monday.

The Kindle was amazons best-selling item across all categories despite being released two years ago. Another electronic item that did remarkably well Cyber Monday was the 8GB iPod Touch retailer for a sale price of $158 on Amazon.

Still, Cyber Monday is more of a ceremonial beginning for online holiday shopping with the most popular day actually occurring some time in mid December.

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