-- UK Retailers start Black Friday sales ahead of the busiest shopping day of the year
LONDON, Nov. 29, 2013 /PRNewswire/ -- eCoupons.com, creator of CyberMonday.co.uk, predicted that more than one billion pounds would be spent online between Black Friday, 29 November and Cyber Monday, 2 December. On the fourth annual Cyber Monday UK shopping event, eCoupons.com predicted that more than 450 million would be spent or 312,500 per minute. eCoupons.com also announced the creation of BlackFridayUK.com, a website listing hundreds of UK retailer's Black Friday sales.
Matthew Cheng, founder of eCoupons.com and creator of the CyberMonday.co.uk and BlackFridayUK.com websites said, "This year, more UK retailers are offering Black Friday and Cyber Monday sales than ever before. When we initially approached UK retailers to hold Cyber Monday sales a few years ago, there were few takers. Now many High Street stores have jumped on board to compete against Transatlantic online retailers. A major reason Black Friday and Cyber Monday sales are jumping the pond is because UK retailers must compete against lower priced apparel and shoes with low cost or free shipping."
Featured Black Friday UK and Cyber Monday UK offers:
1) Snapfish UK: Exclusive 50% off photo books, calendars, mugs, cards and ornaments.
2) Toys R Us: 25% off Top Toy Brands.
3) Lenovo: Save 20% off ThinkPad S540 Touch and ThinkPad S410 eCoupon.
4) Apple Store: Special pricing on iPads and Macs.
5) Pontins: Buy One Get One Free – Dinner, Bed & Breakfast.
6) Gap: 40% off everything and Free Delivery.
For decades, Black Friday has been a major shopping event in the US following the Thanksgiving holiday. Online sales on Black Friday, also known as Cyber Black Friday, are expected to top USD $1 billion for the first time this year. eCoupons.com predicts that Cyber Monday sales in the US will exceed USD $1.5 billion.
eCoupons.com analyzed 100 US retailer's Black Friday and Cyber Monday promotions and found:
1) 70% have the same promotion on Black Friday and Cyber Monday.
2) 20% started Black Friday sales on Thanksgiving Day (the day before Black Friday).
3) 25% had their biggest coupon discount on Black Friday.
4) 30% had their biggest coupon discount on Cyber Monday.
5) 15% repeated Cyber Monday sales on the following Monday.