While thousands across New York State flocked to retailers for Black Friday, thousands more flocked to their computers for Cyber Monday. Our Kaitlyn Ross explains the savings.
ALBANY, N.Y. -- Cyber Monday is the second attack for retailers looking to end up in the black this holiday season.
Rebecca Marion Flach of the New York State Retail Council said, "From a retail perspective, it's just another channel to drive people to shop."
Coined in 2005, it's been a shopping free-for-all for consumers who don't want to leave the comfort of their own homes. The holiday has gained so much momentum, it has its own website, cybermonday.com, devoted to updating consumers on the latest deals - on the hour, every hour.
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Flach said, "Lots of great promotions, buy one get one free type of deals, conditions to get free shipping, free shipping no matter what the dollar amount of the purchase is, so all sorts of good deals out there for consumers to take advantage of."
But how legit are the savings? While bargain hunters can find great deals in online only stores, like overstock.com, many brick and mortar stores have the same deals inside their four walls as they do on the websites.
Flach said, "They're doing what they can to make sure that they've got the merchandise on the shelves that consumers want to purchase this year. So we're looking at things with lower price tags, less luxury goods, more practical sort of items."
And if you're putting off the online shopping spree, beware. While many online stores can guarantee delivery by the holidays over the next few days, any time after that and it might be a gamble for your gift to show up under the tree on time.