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You’ve probably heard the news that 2012′s Cyber Monday was huge…to the tune of $1.98Billion spent according to Adobe’s Digital Index analysis, but just how big is that really? Rural Internet provider, Broadband Blue, has come up with and infographic that helps put some perspective behind Cyber Monday sales. As it turns out, online spending on Black Friday and Cyber Monday was more than the annual profit of some of the biggest Foturne 500 companies including Coca-Cola, Xerox, CBS and Southwest Airlines! Mobile sales also grew enough to outpace the annual GDP of entire countries.
Article and Infographic provided by Broadband BLUE
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Who says the American consumer is broke?
Those are some crazy numbers! I like how the laptop image with google shows the actual searches even though the autocomplete wouldn’t do that 
Very creative!
Veronica @ Pelican on Money recently posted..Ask the Readers: What Could You Not Live Without?
That is what I am saying. I am glad Broadband Blue put it together as it is an excellent infographic.
Some staggering numbers in the infographics. One thing to note is that people generally hold off their purchases of electronic items when its close to Black Friday or Cyber Monday and buy it when they are getting a good deal
Rohit @ The Money Mail recently posted..Roth IRA Conversion
I agree. Most people think they are getting great deals during this time, so they wait. Unfortunately, this is not always the case and they might end up spending more.
I always think that, Veronica~! I am always hearing that everyone is broke….yet I am always seeing excessive spending. What gives?!?!?!
Holly@ClubThrifty recently posted..The VIP Club Roundup – 12th Edition
I don’t know where this money is coming from, but I am sure it is probably mostly plastic. After this shopping spree, we will see the average household debt increase.
Nice info graphic! I agree that a lot of it does come down to the proliferation of smart phone users. Having access to apps like Amazon just make it too dang easy.
John S @ Frugal Rules recently posted..November Blog Goals Update
I completely agree John. The smartphone has allowed us to keep connected and find the best deals, no matter where we are.
This is only going to increase every year. People love the convenience of shopping online. And PayPal, well they are just making a killing with the fees they charge.
Tackling Our Debt recently posted..Six Benefits of Starting Your Own Business
I agree. I work in ecommerce, so I see it on a daily basis. People like the convenience of online shopping. The only thing that will affect it is when online sales taxes get implemented. These will be coming soon.
Online shopping is here to stay! It’s not just great for Christmas shopping. It’s great for all year long shopping too! I wonder if they’ll ever figure out how we could grocery shop online. I think this would be great, but it’s way too cumbersome so far. It needs to be just like browsing on each aisle and throwing things into the cart as you go. Keeping things fresh like produce and meat is a challenge. Would it be pick up or delivery? I’m sure they’ll get this figured out in the next decade. No one will ever leave the house to go shopping again!
Mary Kaplan recently posted..Collecting From Related Companies — Is It Possible?
They are doing much better with online groceries, especially Amazon. They will be the first to break through the barrier.
Christmas shopping makes me more and more sick every year. I think I’ll finally be happy when the trend goes the other way. Although then I’m sure it would cause a recession or something since we’re so reliant on overspending.
Justin@TheFrugalPath recently posted..Credit Cards: Should I Blame Them for my Debt?
I completely agree Justin. I think this “holiday” has become over-commercialized and has been lost to retailers. I plan on taking the holiday back when my son is born and teaching him about the real meaning of the holiday. We will see how it goes.
Those are really some incredible figures. Believe it or not, I did zero shopping online but did spend some money at brick-and-mortar locations.
DC @ Young Adult Money recently posted..Will Young Adults opt-out of Health Insurance? Economics Lessons from Health Care Reform
Brick-and Mortar locales need love too. I did all of my shopping online and saved a good amount. It works for me!