Transcript for Millions expected to shop online for Cyber Monday
WELCOME BACK.
CYBER MONDAY IS HERE
WITH SHOPPERS SCOURING
THE INTERNET FOR THE BEST DEALS
.
THE NATIONAL RETAIL FEDERATION
PREDICTS ROUGHLY
SIXTY THREE MILLION PEOPLE
WILL SHOP ONLINE TODAY AFTER
MILLIONS HIT THE MALLS ON BLACK
FRIDAY.
ABC NEWS BUSINESS REPORT
ALEXIS CHRISTOFOROUS IS HERE
WITH A LOOK AT THE TRENDS SO
FAR .
SO LET'S ALEXIS , WHAT ARE
THESE EARLY NUMBERS TELL YOU?
WHAT CAN WE EXPECT FROM
CYBER MONDAY?
I WAS ACTUALLY A LITTLE
SURPRISED AT HOW MUCH PEOPLE
WERE SHOPPING ALL OVER
THE WEEKEND.
I MEAN, WE'RE DEALING WITH HIGH
INFLATION.
WE KEEP TALKING ABOUT IT.
WE'RE PAYING MORE FOR JUST
ABOUT EVERYTHING.
BUT MORE THAN 60% OF AMERICANS
DID SAY THAT THE ECONOMY
IS STILL GOING TO IMPACT
THEIR HOLIDAY SHOPPING PLANS.
STILL, WE SAW IN-PERSON VISITS
TO THE STORES THREE PERCENT
THIS BLACK FRIDAY VERSUS LAST
YEAR.
I WAS ONE OF THEM.
I WENT TO A MALL IN UPSTATE
NEW YORK .
AND , YOU KNOW, I DIDN'T SEE
A LOT OF PEOPLE DOING A LOT OF
SHOPPING, ALTHOUGH IT WAS
MORE CROWDED.
I THINK THEY WERE DOING WHAT
I CALL SOCIAL SHOPPING.
THEY WERE SORT OF OUT THERE
LOOKING AT THINGS, TURNING IT
INTO AN OUTING.
THEY WERE GOING OUT TO DINNER.
RESTAURANT SALES WERE
ACTUALLY UP PRETTY BIG THIS
PAST WEEKEND.
BUT WHEN THEY DECIDED TO SHOP,
THEY DID IT ONLINE.
YOU SEE RIGHT THERE, ONLINE
SALES HITTING A RECORD HIGH
ON BLACK FRIDAY TO NINE POINT
TWELVE DOLLARS BILLION TODAY.
WE'RE EXPECTING IT TO BE EVEN
BETTER.
SALES COULD TOP ELEVEN POINT
TWO BILLION.
IF THEY DO, THAT WOULD BE A
RECORD .
NOW, WHAT ARE SOME OF THE EARLY
TOP SELLERS?
ARE YOU SEEING ANY TRENDS IN
TERMS OF WHAT PEOPLE ARE
BUYING?
YES, IT'S ELECTRONICS,
ELECTRONICS, ELECTRONICS,
ANYTHING, APPLE, APPLE WATCH,
APPLE MACBOOK.
ALSO, WE FOUND OUT TODAY THAT
A LOT THE APPLE IPHONES, YOU'RE
GOING TO HAVE A HARD TIME
GETTING THEM BECAUSE OF
THE COVID LOCKDOWN'S RIGHT NOW
IN CHINA AND BECAUSE OF
THE PROTESTS GOING ON , THERE
ARE SUPPLY CHAIN ISSUES.
SO PEOPLE ARE TRYING TO BUY
THOSE EARLY DRONES ARE REALLY
POPULAR.
GAMING IS POPULAR.
THE XBOX, THE FIFA.
TWENTY THREE GAME, I GUESS
WITH THE WORLD CUP OUT NOW,
THAT SORT OF TOP OF MIND.
>> OH, WHERE ARE YOU SEEING
SOME OF THE BIGGEST DISCOUNTS?
CONSUMER ELECTRONICS, AGAIN,
ESPECIALLY COMPUTERS.
I THINK WE'RE DOING SO MANY
THINGS ON OUR MOBILE PHONES.
THEY'RE REALLY DISCOUNTING
THOSE COMPUTERS, TOYS, HEAVILY
DISCOUNTED AND CLOTHING.
I SAW CLOTHING UP TO 60 PERCENT
OFF AND SOME STORES BUY ONE GET
TWO FREE AT A CHECK.
THAT SIGN A COUPLE OF TIMES.
BUT THAT WAS THAT WAS FOR REAL.
ALSO, SOME OF THE ITEMS WE
COULDN'T FIND DURING THE HEIGHT
OF THE PANDEMIC, LIKE
THE PADDLEBOARDS FIREPIT,
KAYAK'S THAT OUTDOOR STUFF,
THE RETAILERS ARE STUCK
WITH IT.
SO THEY'RE TRYING TO MOVE IT
OUT OF THE STORES.
ALL RIGHT.
WE'LL TAKE THAT.
ONLINE SCALE'S ON SCAM'S,
I SHOULD SAY, UNFORTUNATELY,
ARE ALSO AT AN ALL TIME HIGH AT
THIS TIME OF YEAR.
AND THIS YEAR PARTICULARLY.
SO HOW DO WE PROTECT OURSELVES
WHEN WE'RE SHOPPING ONLINE?
GREAT QUESTION.
IMPORTANT QUESTION.
SO MANY OF US ARE ON SOCIAL
MEDIA.
SO WE WANT TO BE REALLY
SUSPICIOUS OF ANY SOCIAL MEDIA
ADS AND EMAIL ADS.
IT'S A GOLDMINE FOR THESE
SCAMMERS.
MAKE SURE THAT YOU'RE DEALING
WITH A LEGITIMATE RETAILER.
IF THE DEAL SEEMS TO BE TOO
GOOD TO BE TRUE, THAT'S BECAUSE
IT PROBABLY IS .
WE ALSO HAVE A LOT OF THIS TIME
AROUND WITH A LOT OF THEM ARE
COMING OUT WITH THESE FAKE
EMAIL SAYING YOUR CREDIT CARD
TRANSACTION FAILED.
YOU NOW NEED TO PAY US VIA
VENMO OR PAYPAL.
THAT IS NOT A LEGITIMATE LOOK
FOR MISSPELLINGS IN
THE WEBSITE.
ADDRESS.
THAT IS ALSO A SIGN THAT IT'S
A FAKE.
AND IF YOU ARE ASKED TO CREATE
AN ACCOUNT OR CHECK OUT AS A
GUEST, CHECK OUT AS A GUEST, IF
POSSIBLE, IT'S NOT A SCAM.
BUT YOU DON'T
This transcript has been automatically generated and may not be 100% accurate.