$733 million spend on 2007 Cyber Monday

Shop till your mouse drops dead! That’s the latest mantra of the Cyber Monday. The Monday after Thanksgiving is quickly becoming one of the biggest online shopping days of the year. While Black Friday is the official kickoff of the traditional retail season, the story goes, online retail really takes off the following Monday. This year that is 2007, U.S. According to the market research firm ComScore Inc., online shoppers spent a mind-blowing $733 million in a single day on Cyber Monday. That figure is about 21 percent more then the amount spend on the same day last year. The number of online buyers rose 38 percent from a year ago while the average dollar spends per buyer slipped 12 percent partly due to deep discounting. Were you a part of these statistics, or like me just clicking away on the keyboard in a hope to make some decent pile at least by the 25th?

The data also showed that 60 percent of the money spent on Cyber Monday came from work computers. The research firm added that 44 percent of Internet users shopped online during Cyber Monday. The most trafficked sites included those belonging to Amazon.com, Wal-Mart Stores Inc, Target Corp, Dell Inc, and Best Buy Co Inc.