Deals on iPods, Xbox consoles, North Face jackets and jewelry highlight this year’s Cyber Monday deals.
Shoppers will find Cyber Monday deals at a number of online retailers from Walmart and Target to Amazon and other specialized online retailers.
Shoppers say the savings on Cyber Monday are comparable to those found on Black Friday, if not better than what’s offered in retail locations.
Websites like CyberMonday.com are loading up savings so consumers can shop for many items through one portal. The main advantage of e-shopping, particularly during sales events, is the ability to compare prices quickly and comprehensively, experts say.
Many companies will offer free shipping on Cyber Monday and through the weekend, thus negating a common deterrent in online shopping.
Walmart will sell Xbox bundles for $312.
Staples is offering up to 40 percent off computers and cameras, and up to 60 percent off furniture.
Get a North Face Denali Jacket for $129 at Backcountry.com.
Apple will sell the iPod Touch for under $200. Everything over $50 bought at Apple.com will receive free shipping.
Consumers spent more than $1 billion on Cyber Monday last year. It pales in comparison to the $45 billion Americans spent in-store last year, but it was a 20 percent increase for the Monday sales event, which has increased exponentially since its inception.
Ken Wisnefski, CEO of WebiMax announced the inauguration of Cyber Weekend earlier this month.
"Given the statistics and interacting with representatives of major online retailers, I expect Cyber Monday to be a part of the past while 'Cyber Weekend' is the more appropriate term,” Wisnefski told the San Francisco Chronicle. “Furthermore, 2011 is set to be one of the most successful online buying years that we have ever seen."
Parcel shipping service UPS is hiring 50,000 drivers this year for the season. That number is down from last year’s 60,000 but retailers blame the poor economy – not the interest in online shopping – for the decline.