Archive for December, 2009

Those of us on sharenotes.com are probably watching the economy a lot closer than a college student probably should. But our future livelihoods depend on it. After the number have been crunched from the big sales weekend it seems as though things turned out okay.

I will say this, at least we did not crash and burn. I would have put money in Vegas on the fact that people just aren’t going to spend, but as it turns out, Black Friday just about broke even. People we’re out in droves… I was out there too so I know first hand but it seems as though people avoided impulse buys that often happen in a strong economy. They did however come out for the deals, which were a plenty. I personally bought a whole bunch of super cheap BluRay discs which is just about all I could afford to spend. It also doesn’t help that they were all for me and I still have a xmas list to fill.

Better news however was that “Cyber Monday” the newly founded tradition of online sales the Monday following Thanksgiving was pretty strong. The sales were up about 20% from last years sales. The economy shows signs of life. Much of the online sales are driven by the tech savvy college aged group who often favor buying online to fighting the crowds. Akamai a internet monitoring site, watched 270 retail sites and reported 4.3 million visitors per minute at on point during the day! I think in the coming years Cyber Monday is going to continue to grow under the clicking right hands of college students.

Hopefully this uptick in online sales is an indicator that our economy might be able to survive this holiday season. Free shipping and blow out deals with major retailers helps, but the shear fact that Americans are still willing to get out there and spend money at all is encouraging. So how about you sharenotes.com, did you get out there and hit the stores? Did you hit the online sales? Did you put what little money you have into some drinks to drown your sorrows? We want to hear form you! Leave your comments below and share you tales of mall crowds or killer deals!