Last year, Cyber Monday was the most popular online shopping day of 2010, with retailers such as Amazon, Zappos, Walmart and Best Buy offering online deals and American shoppers spending more than $1 billion.
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Analysts told CNNMoney that the trend is called "couch commerce" — people wanting to buy from the comfort of their own homes rather than waiting in mile-long queues and crushes of people at stores.
Even Canadians are getting into the day.
Traditionally, Canadians have flocked to stores on Boxing Day (Dec. 26), rather than on Black Friday and Cyber Monday.
"Canadian retailers have really gotten into this promotion this year in a scale they just have not traditionally," Derek Szeto, founder of online shopping site Redflagdeals.com told CTV News.
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