Cyber Monday expected to be biggest online shopping day of all time

Following the busiest day of the year last Friday, consumer experts are expecting record numbers today as many scour the internet for a deal during “Cyber Monday”.

They believe holiday shoppers will be hunting for the best bargains with just a click of a button, while trying to stave off rising everyday costs and inflation.

Consumer spending for cyber week – the five days between U.S. Thanksgiving and the following Monday – provides a strong indication for how much shoppers are willing to spend during the holidays.

According to Adobe Analytics, they’re forecasting U.S. consumers to spend between $12-billion and $12.4-billion on Cyber Monday, which would mark it the biggest online shopping day of all time.

Meanwhile here in Canada, numbers are indicating a more modest year.