Cyber Monday: 6 Years of Online Discounts [INFOGRAPHIC]

 By 
Lauren Indvik
 on 
Cyber Monday: 6 Years of Online Discounts [INFOGRAPHIC]

Thousands of online retailers will discount their stock for Cyber Monday -- the online version of Black Friday -- now in its sixth year.

Last year, Cyber Monday sales topped $1 billion in the United States, making it the biggest day for online retail to date. Yet many businesses are increasingly discounting their goods on Black Friday as well -- and consumers are responding. Online sales this past Friday were up 24.3% compared to last year, according to an IBM survey of 500 retailers.

For a look at Cyber Monday's inception and how the movement has grown during the past half decade, check out the infographic below.

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