In 2010, Cyber Monday was the biggest online shopping day of the year. It generated $1 billion.
Discounts, coupon codes, no sales tax and free shipping; the offers are endless. But you should prepare for possible internet connection slowdowns since more than 120 million people are expected try and take advantage.
Cyber Monday doesn't hurt stores like Horn Photo in
"They can't make up their mind. They come in, they meet us, they handle the cameras, handle the lenses. They see the experts we have here and see what we can do for them and they usually end up buying from us anyway," said Stan Gross of Horn Photo.
Shiekh, which has two stores at fashion fair mall, believes it can compete.
"We have a whole rack of clothes that's buy one get one free and we're a popular store, so I'm not too worried about it," said cashier Iryl Gomez.
Gomez says something you can never discount is the importance of seeing an item in person.
"It might look good online, but you don't know if it's going to look good on you if you don't try it on and you don't get great customer service," said Gomez.
These are some good online payment tips to follow:
1) Always use a credit card and not a debit card. It gives you more flexibility to dispute a charge without ever having money leave your account.
2) Don't save your card information on a mobile device because if you lose it, someone else will have access to it.