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A Look at the Opportunity Offered by Cyber Monday

Cyber Monday is a great opportunity for businesses to benefit from the popularity of online shopping. Itu2019s something stock traders watch out for as well. <br>

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A Look at the Opportunity Offered by Cyber Monday

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  1. A Look at the Opportunity Offered by Cyber Monday Cyber Monday is a great opportunity for businesses to benefit from the popularity of online shopping. It’s something stock traders watch out for as well. Trade Zero 204 Church Street SandyPort West Bay Street Nassau Bahamas www.tradezero.co +1-954-944-3885

  2. Important business events are something you have to look out for in stock trading. While advanced trading platforms help you trade efficiently, you need to watch for occasions such as Black Friday and Cyber Monday that can give the stock market a big boost. What Is Cyber Monday? Cyber Monday is something ecommerce businesses look forward to: •It is the Monday after the Thanksgiving weekend. •Online retailers provide special discounts and promotions for ecommerce. •Brick-and-mortal retailers also offer deals for their websites. Cyber Monday is the online version of Black Friday that focuses on brick-and- mortar shopping deals. Often, Cyber Monday is merged with Black Friday. Intense Sales on Cyber Monday Cyber Monday is four days after Thanksgiving. The idea is to encourage more people to carry out online shopping. •According to Investopedia, 96% of retailers expected more holiday sales from purely online transactions in 2020. •Adobe revised its estimates and predicted shopping spending up to $11.4 billion. •This was slightly lower than its earlier projection that would have broken records at $12.7 billion. Caching in on the Online Shopping Popularity The pandemic is estimated to increase online sales: •Cyber Monday is still heading for a single-day record www.tradezero.co +1-954-944-3885

  3. •It could easily top Black Friday spending, which totaled $9 billion •There is also a 21% improvement from last year •It indicates that people are gravitating towards online sales. Why Cyber Monday Is Popular Cyber Monday is extremely popular among consumers because of various reasons: •It keeps them indoors, which is a lifesaver at the time of a pandemic •It also enables them to spend more time with their families •They can avoid waiting in lines and can wait for great bargains to be delivered right to their door •Free shipping is also offered by retailers Cyber Monday is also something investors and the stock market look forward to because it gives ecommerce companies a chance to boost their earnings significantly. That helps raise their respective stock prices. While features such as commission free trading help you with online trading, events such as Cyber Monday can give a boost to the stocks you hold. www.tradezero.co +1-954-944-3885

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