This Cyber Monday is on track to break a US online shopping record

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A worker stacks a shipping trailer with boxed items for delivery at Amazon's distribution center in Phoenix, Arizona November 22, 2013. The web-based retailer is preparing for Cyber Monday, traditionally the busiest day of the year for online purchases, which falls on December 2 in 2013. REUTERS/Ralph D. Freso (UNITED STATES - Tags: BUSINESS EMPLOYMENT) - GM1E9BN0UTE01

Online shoppers in the US are expected to spend an estimated $6.6 billion during Cyber Monday (Nov. 27), more than any other US shopping day ever.

Published 6 mins ago  |  Photo by Reuters/Ralph D. Freso
A worker stacks a shipping trailer with boxed items for delivery at Amazon's distribution center in Phoenix, Arizona November 22, 2013. The web-based retailer is preparing for Cyber Monday, traditionally the busiest day of the year for online purchases, which falls on December 2 in 2013. REUTERS/Ralph D. Freso (UNITED STATES - Tags: BUSINESS EMPLOYMENT) - GM1E9BN0UTE01

$6.6 billion

Online sales should easily exceed the estimated $5 billion spent online on Black Friday (Nov. 24).

A worker stacks a shipping trailer with boxed items for delivery at Amazon's distribution center in Phoenix, Arizona November 22, 2013. The web-based retailer is preparing for Cyber Monday, traditionally the busiest day of the year for online purchases, which falls on December 2 in 2013. REUTERS/Ralph D. Freso (UNITED STATES - Tags: BUSINESS EMPLOYMENT) - GM1E9BN0UTE01

$6.6 billion

The Cyber Monday shopping day started in 2005. Other possible names included Blue Monday (because of links) and Green Monday (because of money).

A worker stacks a shipping trailer with boxed items for delivery at Amazon's distribution center in Phoenix, Arizona November 22, 2013. The web-based retailer is preparing for Cyber Monday, traditionally the busiest day of the year for online purchases, which falls on December 2 in 2013. REUTERS/Ralph D. Freso (UNITED STATES - Tags: BUSINESS EMPLOYMENT) - GM1E9BN0UTE01

$6.6 billion

Online retail sales for US holiday season

A worker stacks a shipping trailer with boxed items for delivery at Amazon's distribution center in Phoenix, Arizona November 22, 2013. The web-based retailer is preparing for Cyber Monday, traditionally the busiest day of the year for online purchases, which falls on December 2 in 2013. REUTERS/Ralph D. Freso (UNITED STATES - Tags: BUSINESS EMPLOYMENT) - GM1E9BN0UTE01

$6.6 billion

Online shoppers tend to start browsing products in the previous week, but wait until Monday night to close their purchases to get the best deals.

A worker stacks a shipping trailer with boxed items for delivery at Amazon's distribution center in Phoenix, Arizona November 22, 2013. The web-based retailer is preparing for Cyber Monday, traditionally the busiest day of the year for online purchases, which falls on December 2 in 2013. REUTERS/Ralph D. Freso (UNITED STATES - Tags: BUSINESS EMPLOYMENT) - GM1E9BN0UTE01

$6.6 billion

Amazon is pressuring competitors like Walmart to lower their prices. The average Walmart price went from being 3% higher than Amazon’s last year to just 0.3% higher this year.

A worker stacks a shipping trailer with boxed items for delivery at Amazon's distribution center in Phoenix, Arizona November 22, 2013. The web-based retailer is preparing for Cyber Monday, traditionally the busiest day of the year for online purchases, which falls on December 2 in 2013. REUTERS/Ralph D. Freso (UNITED STATES - Tags: BUSINESS EMPLOYMENT) - GM1E9BN0UTE01

$6.6 billion

Though big, Cyber Monday is not the biggest shopping day in the world. That would be China’s Singles’ Day (Nov. 11). This year, online shoppers spent a whopping $25.4 billion.

Published 6 mins ago

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