{"id":7376,"date":"2010-11-22T08:12:44","date_gmt":"2010-11-22T15:12:44","guid":{"rendered":"https:\/\/staging.opexlearning.com\/resources\/?p=7376"},"modified":"2016-11-14T02:56:43","modified_gmt":"2016-11-14T07:56:43","slug":"cyber-monday-black-friday","status":"publish","type":"post","link":"https:\/\/staging.opexlearning.com\/resources\/cyber-monday-black-friday\/7376\/","title":{"rendered":"Pareto in the Wild: Cyber Monday 2010 and Black Friday 2010"},"content":{"rendered":"<div class=\"a296a24fa2fc69ef5487857f02f111e8\" data-index=\"9\" style=\"float: none; margin:10px 0 10px 0; text-align:center;\">\n<script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<!-- Single Post readerboard -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:inline-block;width:728px;height:90px\"\r\n     data-ad-client=\"ca-pub-8207522353004717\"\r\n     data-ad-slot=\"1144967431\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\n<\/div>\n<p>Okay, this isn&#8217;t quite a Pareto Chart &#8211; it&#8217;s actually more of a <em><strong>Flateto<\/strong><\/em> Chart, but an interesting example nonetheless.<\/p>\n<p>Compete.com recently conducted a survey for the 2010 Holiday Season &#8211; Black Friday 2010 and Cyber Monday 2010. the question was which day will shoppers be more active.<\/p>\n<div align=\"center\">\r\n<table border=\"1\" cellpadding=\"5\">\r\n<tbody>\r\n<tr>\r\n<td style=\"text-align: center;\" colspan=\"2\"><strong>Other Articles on the Pareto Principle<\/strong><\/td>\r\n<\/tr>\r\n<tr>\r\n<td>\r\n<ul>\r\n\t<li><a title=\"clean energy pareto chart\" href=\"https:\/\/staging.opexlearning.com\/resources\/clean-energy-jobs-pareto\/8780\/\">Pareto Principle in Clean Energy<\/a><\/li>\r\n\t<li><a title=\"sales force effectiveness pareto chart\" href=\"https:\/\/staging.opexlearning.com\/resources\/sales-force-effectiveness-metrics-strategy\/8785\/\">80\/20 in Sales Force Effectiveness<\/a><\/li>\r\n\t<li><a title=\"personal finance pareto chart\" href=\"https:\/\/staging.opexlearning.com\/resources\/personal-finance-the-pareto-principle\/9323\/\">Pareto Chart of Personal Finance<\/a><\/li>\r\n\t<li><a title=\"aquarium filters pareto chart\" href=\"https:\/\/staging.opexlearning.com\/resources\/aquarium-filter-type-pareto\/9443\/\">Pareto Underwater: 80\/20 in Aquarium Filters<\/a><\/li>\r\n\t<li><a title=\"sugar content 80\/20 chart\" href=\"https:\/\/staging.opexlearning.com\/resources\/sugar-content-in-foods-visual-pareto\/10200\/\">Sugar Content Pareto Chart<\/a><\/li>\r\n\t<li><a title=\"pareto on thanksgiving\" href=\"https:\/\/staging.opexlearning.com\/resources\/pareto-thanksgiving-pumpkin-pie\/7280\/\">Thanksgiving Turkey Pareto<\/a><\/li>\r\n\t<li><a title=\"diaper poopy pareto\" href=\"https:\/\/staging.opexlearning.com\/resources\/cost-of-poop-and-diaper-edition\/5742\/\">Daiper Poopy Pareto<\/a><\/li>\r\n\t<li><a title=\"texting by age pareto chart\" href=\"https:\/\/staging.opexlearning.com\/resources\/pareto-text-usage-by-age\/5722\/\">Texting Pareto by Age<\/a><\/li>\r\n\t<li><a title=\"sarah palin pareto on language count\" href=\"https:\/\/staging.opexlearning.com\/resources\/sarah-palin-pareto\/579\/\">Sarah Palin Pareto<\/a><\/li>\r\n\t<li><a title=\"flateto principle, not an 80\/20\" href=\"https:\/\/staging.opexlearning.com\/resources\/the-flateto-principle\/391\/\">Flat as a Pancake Pareto Flateto<\/a><\/li>\r\n<\/ul>\r\n<\/td>\r\n<td>\r\n<ul>\r\n\t<li><a title=\"pareto principle in shopping cart abandonment\" href=\"https:\/\/staging.opexlearning.com\/resources\/reduce-shopping-cart-abandonment\/8555\/\">80\/20 in Shopping Cart Abandonment<\/a><\/li>\r\n\t<li><a title=\"chinese middle class pareto chart\" href=\"https:\/\/staging.opexlearning.com\/resources\/pareto-in-the-wild-the-chinese-middle-class\/8478\/\">Chinese Middle Class Fits a Pareto Distribution<\/a><\/li>\r\n\t<li><a title=\"law and order special victims unit pareto\" href=\"https:\/\/staging.opexlearning.com\/resources\/pareto-law-and-order-special-victims-unit\/8361\/\">Pareto in Special Victims Unit<\/a><\/li>\r\n\t<li><a title=\"black friday 80\/20 chart\" href=\"https:\/\/staging.opexlearning.com\/resources\/foursquare-badges-pareto-black-friday\/7770\/\">Pareto on Black Friday<\/a><\/li>\r\n\t<li><a title=\"water consumption by country 80\/20\" href=\"https:\/\/staging.opexlearning.com\/resources\/pareto-chart-water-usage-by-country\/7762\/\">Water Consumption by Country Pareto Chart<\/a><\/li>\r\n\t<li><a title=\"cyber monday and black friday pareto\" href=\"https:\/\/staging.opexlearning.com\/resources\/cyber-monday-black-friday\/7376\/\">Cyber Monday versus Black Friday Pareto<\/a><\/li>\r\n\t<li><a title=\"hamburger pareto\" href=\"https:\/\/staging.opexlearning.com\/resources\/money-spent-on-hamburgers\/5736\/\">Hamburgers 80\/20<\/a><\/li>\r\n\t<li><a title=\"80\/20 forbes billionaire list\" href=\"https:\/\/staging.opexlearning.com\/resources\/pareto-principle-and-the-forbes-billionaire-list\/4922\/\">Forbes Billionaire List 80\/20<\/a><\/li>\r\n\t<li><a title=\"snoop dogg 80\/20 foshizzle homie\" href=\"https:\/\/staging.opexlearning.com\/resources\/snoop-dogg-the-business-geek-foshiznit\/488\/\">Snoop Dogg Pareto Foshizzle<\/a><\/li>\r\n\t<li><a title=\"nps pareto of defects\" href=\"https:\/\/staging.opexlearning.com\/resources\/nps-customer-feedback-loop-lean-thinking\/10563\/\">Net Promoter Score Pareto<\/a><\/li>\r\n<\/ul>\r\n<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/div>\r\n<br>\n<h2>Black Friday 2010<\/h2>\n<p>Black Friday, or the day after Thanksgiving (and we all love Thanksgiving Pumpkin Pie), has always been known as one of the year&#8217;s biggest holiday shopping days. But in the past five years, Cyber Monday, the Monday following Thanksgiving, has become a a serious shopping day for online sales and promotions. Last year, Cyber Monday brought in $887 million in sales compared to $595 million in online spending on Black Friday.<\/p>\n<p>The data compete.com collected is reported below:<\/p>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-7378 size-full\" title=\"black friday statistics shows a pareto\" src=\"https:\/\/staging.opexlearning.com\/resources\/wp-content\/uploads\/2010\/11\/black-friday-cyber-monday.jpg\" alt=\"black friday statistics shows a pareto\" width=\"474\" height=\"330\" srcset=\"https:\/\/staging.opexlearning.com\/resources\/wp-content\/uploads\/2010\/11\/black-friday-cyber-monday.jpg 474w, https:\/\/staging.opexlearning.com\/resources\/wp-content\/uploads\/2010\/11\/black-friday-cyber-monday-300x208.jpg 300w\" sizes=\"(max-width: 474px) 100vw, 474px\" \/><\/p>\n<h2>Cyber Monday 2010<\/h2>\n<p>According to Compete&#8217;s data, 45% of respondents indicated they will do their holiday shopping on Cyber Monday, versus 37% who plan to shop on Black Friday. Interestingly, Black Friday shoppers are planning to spend more money than Cyber Monday shoppers, with Black Friday shoppers averaging an expected $353 and Cyber Monday shoppers averaging an expected $233.<\/p>\n<p>Compete says the increased spend is likely due to more people shopping for high-end items such as electronics, clothing, toys and games on Black Friday than on Cyber Monday. The report shows that 11%, 32% and 23% more people will shop for these items, respectively, on Black Friday than on Cyber Monday.<\/p>\n<p>It&#8217;s not surprising that Cyber Monday is becoming more popular than Black Friday, especially if deals are equally as good on both days. Who wants to wait in long lines at 4 am the day after Thanksgiving if they can just click <a title=\"cyber monday sales\" href=\"http:\/\/www.amazon.com\/b?ie=UTF8&amp;node=384082011&amp;tag=sixsigma-20\">Buy It Now<\/a> on their computer?<\/p>\n<!--CusAds0-->\n<div style=\"font-size: 0px; height: 0px; line-height: 0px; margin: 0; padding: 0; clear: both;\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Okay, this isn&#8217;t quite a Pareto Chart &#8211; it&#8217;s actually more of a Flateto Chart, but an interesting example nonetheless. Compete.com recently conducted a survey for the 2010 Holiday Season &#8211; Black Friday 2010 and Cyber Monday 2010. the question was which day will shoppers be more active. Black Friday 2010 Black Friday, or the [&hellip;]<\/p>\n","protected":false},"author":12327,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[64],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Black Friday Statistics Shows a Pareto Effect<\/title>\n<meta name=\"description\" content=\"Black Friday Statistics shows a clear 80\/20 Pareto effect. 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