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Shoppers predicted to spend around $12B during Cyber Monday

ORLANDO, Fla. — You may be among the millions of people searching for a good deal online for Cyber Monday.

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Data shows this year’s sales could be historic.

The number of Americans shopping online Monday is expected to set an all-time record.

Shoppers are predicted to spend $12 billion dollars online during Cyber Monday.

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That would be a 5% increase from last year.

With inflation on their minds, shoppers are pickier than ever in their hunt for deals.

Analysts say the biggest overall biggest discounts, up to 35%, are on toys, electronics, and clothing.

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However, Walmart is advertising discounts of up to 80% off some items.

While Amazon is promising new deals every 5 minutes throughout the day.

Despite online shopping getting so much attention, experts say more than one-third of consumers under 30 still plan to shop in-store.

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See more in the video above.

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