Consumers, who for whatever reason did not take advantage of the Black Friday consumer holiday, do not have to grieve. There are more and more trading companies that introduced Cyber Monday when it comes to special discounts for online shopping.
This type of shopping is far less popular than the classic market, and there are many reasons for this. People like to touch and try everything they buy, and the security of payment is very important to them. However, shopping in e-shops is becoming increasingly popular.
What Is Cyber Monday Calculator?
A Cyber Monday Calculator will help you calculate the price you will pay after the discount. It will also help you find out how much money you are going to save up. To make it clear, we have prepared formula and an example to help you understand it better!
Cyber Monday Formula
Cyber Monday = Price – (Price * Discount)
Example:Let’s say that you are buying a brand-new mixer. Its original cost is $1,000, but on Cyber Monday you get a 10% discount. If you put it in the formula, you will get:Cyber Monday = 1,000 – (1,000 * 0.10)
Cyber Monday = 900To calculate how much you saved, you will need to use this formula:
Saving = Final Price – Cyber Monday
Saving = 1,000 – 900
Saving = 100
What Is the Difference Between Cyber Monday and Black Friday?
Many people all around the planet are looking forward to “Black Friday”, the day when shopping discounts happen all over the Earth. It allows them to save a lot on clothes, everyday necessities, as well as gifts for the upcoming holidays. We believe that your associations on the first day of the workweek are not positive, but that is why we want to make you happy with something you might not have known. Namely, once a year, Cyber Monday is held.
This is a big holiday for all those who are closer to online shopping than going to the store. On this day, brands from different industries give big discounts on their products or services in order to attract as many customers as possible. This way, you will easily find some things, primarily technology, at “crazy” discounts. You can also buy everything else that can be found on the most famous online shopping sites.
Apparently, there is only one weekend between Cyber Monday and Black Friday. However, there are much bigger differences between these two holidays. The key one is that you will be able to buy in bulk for Black Friday. That purchase is carried out physically, in a store or mall, but still does not prevent you from buying a lot of things because nothing is difficult if the bags are full of new stuff. Black Friday features significant discounts, so this day is long-awaited by those who want to buy something more expensive.
Why Is Cyber Monday Better?
Unlike Black Friday, Cyber Monday is set in the cyber world, just as its epithet announces. In addition to being conducted online, Cyber Monday is also announced online, so the communication circle is much better. The brands are announcing a big shopping holiday on social media channels, banners, and similar digital places, which can be useful because the purchase can also be completed digitally.
Some things are reduced by up to 80 percent, so open your eyes. Clothes and footwear for “Black Friday” will certainly be the same prices when it comes to quarterly promotions, seasonal things, and the like. But Monday … It’s worth the wait.
Pros of Online Shopping
Online shopping is recording growing results from year to year. The growing popularity of online shopping has been greatly influenced by the global pandemic. Due to the coronavirus, people first turned to online shopping for health reasons. As an ideal way to avoid contact, but also as a kind of pleasure in the age of reduced enjoyment and socializing, shopping online has experienced a renaissance in our country.
Online shopping has many advantages – it saves time, and in the new circumstances, when physical distance is one of the preconditions for maintaining health due to the coronavirus pandemic, it is also a great way to avoid crowds in shopping malls, which we saw in action on Black Friday. In addition, you can browse the online offer in peace and plan with cool heads how much money you will spend.
However, there are three things to keep in mind when shopping online: purchasing terms, delivery times, and payment security. These possible problems are nothing compared to the danger of getting infected while pushing and waiting in lines in front of shops and malls.
Cons of Online Shopping
Customers are encouraged, among other things, to check that the page from which they are buying has mandatory tags that allow secure payment. If the card is marked in red, and the browser issues a signal that the certificate is not valid, you should cancel the card purchase.
But is there a way to dodge all of this? The answer is yes!
It is not recommended to pay by card on unknown sites. You should never enter a PIN when paying because the bank never asks for it. A photocopy of the card should not be sent by e-mail, and the sharing of costs on the account should be avoided when everyone pays with their card. If you are buying goods from abroad, it is necessary to check the time and delivery deadlines so that it does not happen that the Christmas present arrives for Easter.
There is also a safer way – the model is called tokenization and is not tied to a cyber-currency of a similar name. It is the latest and most secure form of payment via electronic wallet. It has been accepted by all relevant electronic providers, and the possibility of abuse has been reduced to a minimum.The purchase takes place through a wallet in a mobile phone, which means that every time you buy a phone, you use a different token (a different card number) which practically prevents misuse, and this type of payment has the highest level of security. Tokens are expected to be available on other devices soon, such as a smartwatch or tablet.