Moneyonthego.net: Cyber Monday Shatters Records, Solidifies Mobile Commerce

ST. PETERSBURG, FL, December 28, 2012

FOX has announced that 2012's Cyber Monday was the most successful to date: "Cyber Monday became the biggest online spending day in history with sales soaring 30 percent from last year as more customers used their mobile phones to shop online, according to a report released Tuesday by IBM." Moneyonthego.net, an online retailer that provides a variety of items to its members, is overjoyed by this news. As an advocate of e-commerce, the organization is interested in seeing how mobile commerce continues to grow--and make shopping more convenient for consumers.

The article reports that as much as $2 billion were spent on Cyber Monday. One of the catalysts for this surge in spending, it notes, is the use of smartphones: "The number of people visiting retail sites via their smartphones jumped more than 70 percent from a year ago, with more than 18 percent of total consumers using a mobile device. Those sales reached close to 13 percent of total spending, up more than 96 percent from 2011, IBM said."

Moneyonthego.net is encouraged by this trend, as the organization understands that the ability to make purchases from smartphones is something that consumers value. While many professionals have the day after Thanksgiving off, most return to the office on Monday and are not free to browse their favorite retailers while on the clock. As such, the company speculates that they may have turned to their smartphones to ensure that they took advantage of the best Cyber Monday deals.

Social media, the article argues, also played a major role in this mobile commerce record. Social networking sites, such as Facebook and Twitter, have provided companies with a way to communicate directly with consumers. As such, many shoppers turned to social media profiles to find the best deals of the day. Retailers often provide links on their profiles, allowing smartphone users to be taken directly to their mobile site and, from there, capitalize on their sales.

Greg Bielawski, who represents Moneyonthego.net, comments: "We are so happy to see that Cyber Monday was a success this year. This information bodes well for the country as a whole, not just Internet retailers, because it shows that people have disposable income and are willing to utilize it. We are excited to see how the economy continues to grow from here."

ABOUT:

Moneyonthego.net is an online, member-based retailer that offers over 80,000 products in its Rewards Mall catalogue. This varied product listing, which includes everything from electronics to apparel, allows members to maximize their savings through the Moneyonthego.net rewards program. Each new member is given a $2,500 shopping credit to redeem at the online Rewards Mall. Members are also issued a Prepaid MasterCard, which collects one point for each dollar that is loaded onto it. Members can redeem these points in the Rewards Mall, up to 1,000 per month, by using them to purchase items in the catalogue.

For more information about Moneyonthego.net, and to learn more about membership options, visit www.moneyonthego.net.

Website: http://www.moneyonthego.net