Experts Predict Biggest Shopping Day Ever On Cyber Monday - New York News

Experts Predict Biggest Shopping Day Ever On Cyber Monday

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Today is "Cyber Monday," when Christmas shoppers hit up on the online shopping deals, and experts predict this year will be bigger than ever.

According to ComScore, Americans are expected to spend about $1.5 billion dollars this year, a 20-percent jump from last year.

Some sites like Amazon.com started releasing big time deals at midnight.

Experts say all "cyber sales" could be big for the companies, and the shoppers.

"What's happening with black Friday because online shopping is still less than 10% of overall retail, it's growing at an astronomical rate, which means Cyber Monday this year could be the single biggest online shopping day in history, also the most lucrative. So watch for that and watch for e-tailers to pull out all the stops," USA Today contributor Regina Lewis said.

Experts expect Monday to be the biggest online shopping day of the year for the third year in a row.

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