Cyber Monday shopping is expected to hit a new record
Cyber Monday shopping is expected to hit a new record for a sixth year in a row.
Shoppers are expected to spend nearly six-point-six billion dollars, almost 17% more than last year.
Last year, Amazon placed 64 million orders worldwide on Cyber Monday.
That's 740 items per second.
The popularity of online shopping is putting a strain on brick-and-mortar retailers.
“Nothing beats the convenience of shopping from your own home or while on the go with your mobile phone. We're actually seeing mobile purchases increase significantly. Last year more than 70 percent of amazon customers purchased orders through their mobile devices," says Lori Torgerson, Retail Manager for Amazon.
Experts say people wait until the last minute to online buy, saying peak time for buying is between 8 and 11 p.m. right before the deals end.
And while you're searching for those good deals, make sure it isn't too good to be true.
Experts say holiday shopping is like Christmas for hackers.
Officials say to watch out for fake websites and apps that could be taking your credit card information.
Also avoid opening coupons in emails that could potentially be phishing scams.
And be aware of web addresses. Websites with just ‘http’ are usually less secure than those with ‘https.’