Your Cyber Week Fact Guide
We should hit the $3 billion mark today.
The personal finance website WalletHub rates the 30 biggest retailers for the best and worst for Cyber Week.
Best Retailers for Cyber Week
1. Groupon (62%)
2. Belk (59%)
3. Bon-Ton (56%)
4. JCPenney (53%)
5. Macy’s (52%)
6. eBay (50%)
7. Kohl’s (50%)
8. Sears (49%)
9. Amazon (42%)
10. Kmart (40%)
Other findings:
•Groupon has the highest overall discount rate, at 62 percent, whereas Gander Mountain has the lowest, at 14 percent.
•“Jewelry” is the most discounted category, at 56 percent, whereas “Computers & Phones” and “Video Games (software only)” are the least discounted, at 28 percent.
•The overall average discount for Cyber Week is 36 percent. Consumers should aim for this or a greater discount in order to avoid Cyber Week traps.
•Representing 15 percent of all Cyber Week offers, “Apparel & Accessories” is the category with the biggest number of discounted items, whereas the “Video Games (software only)” category has the smallest, comprising only 1.3 percent of all offers.
•In 5 out of 9 products, the discount was bigger on Black Friday, and in 4 out of 9 products, the discount is bigger during Cyber Week.
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