Thousands of online retailers will discount their stock for Cyber Monday — the online version of Black Friday — now in its sixth year.
Last year, Cyber Monday sales topped $1 billion in the United States, making it the biggest day for online retail to date. Yet many businesses are increasingly discounting their goods on Black Friday as well — and consumers are responding. Online sales this past Friday were up 25% compared to last year, according to an IBM survey of 500 retailers.
For a look at Cyber Monday’s inception and how the movement has grown during the past half decade, check out the infographic below.