EBay wins war of 'Cyber Monday'
For many years, consumers have flocked to the stores the day after Thanksgiving in search of the best deals. This event is commonly known as 'Black Friday.' With the recent change in technology more and more people are waiting now until 'Cyber Monday' to find the best details on items. This year the battle for customers on the Internet was won by EBay. They nearly doubled the sales of Amazon.com. It is amazing to see the influence that online sales have had on the industry in recent years. With such influence retail sales have increased and consumers are able to get what they want at the price they are willing to pay for it. The market is only increasing and continues to be an influential part of retail sales. Even with the increase of internet sales many stores have continued to see an increase in business and increased profits. 'Black Friday' will never disappear but it may be overtaken by 'Cyber Monday' if the ability to get what you want at the price you want it becomes more and more reliable.
Posted by Nate at 11/30/2005 10:02:00 AM