What Tech Professionals Suggest Instead Of Cyber Monday
According to Adobe, holiday shoppers spent $10.8 billion on Cyber Monday, up 15.1% from a year ago, setting a record for the largest U.S. online shopping day ever.
On Blind, the anonymous professional network, an engineer at Facebook shared, “Last year, like every previous year, I was on a shopping spree. I’m tired of buying and throwing away things. Should I just relieve myself of those $$ by donating to a charity etc.?”
Here are what users suggested this engineer did with the money he usually spent shopping:
- 49% of professionals encouraged this engineer to donate this money to a local charity
- 28% of professionals suggested the engineer simply keep the money
- 41% of Indeed.com professionals told the engineer to simply keep the money
- 12% of professionals suggested the engineer should invest the money in the cryptocurrency
- 21% of Paypal professionals suggested the engineer should invest the money in crypto
- And a final 11% of professionals told the engineer would regret delaying retirement if the money was spent now
- 24% of Lyft professionals told the engineer would regret delaying retirement
You can see a breakdown of this data here.
An engineer at Cisco suggested, “Buy meals at Boston Mkt & give them out to homeless standing on freeway/anywhere.”
A professional at Tesla shared, “It’s not just you; truth is there aren’t any revolutionary, must-have new products that come out anymore. Everything is just iterative and marginally better, with rarely a killer feature. Just think, how many Xmas in a row now have you said to yourself everyone has everything? It’s cause we do. There’s hardly any disruption or new markets being created to make you want to spend. The groundbreaking options this year? Here’s a new speaker; this year, we made it a circle.”
A professional at VMware suggested donating time, “Do some charity if you have no idea where to spend money.”
This user’s sentiment is not matched by the average American consumer. Although Cyber Monday spending came in short of Adobe’s original forecast of $12.7 billion in spending, it was still a 15% annual increase. According to CNBC “Throughout the remainder of the holiday season, we expect to see record sales continue and curbside pickup to gain even more momentum as shoppers avoid crowds and potential shipping delays,” said Taylor Schreiner, a director at Adobe Digital Insights.
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