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Consumer Myths Surround Cyber Monday

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A Man Uses A Computer Mouse. (AP Photo)

A Man Uses A Computer Mouse. (AP Photo)

Dorothy Tucker Dorothy Tucker
Dorothy Tucker has served as a reporter for CBS 2 Chicago since 1984....
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(CBS) – You absolutely have to buy on Cyber Monday to get the absolute lowest prices, right?

That’s what stores want you to believe as consumers generate an estimated $1.8 billion in sales.

But CBS 2’s Dorothy Tucker found four myths that might just have you stepping away from the computer screen for now.

Myth No. 1: Cyber Monday is the best time to save big on holiday gifts online. Not true. Even retailers promote Cyber Week; in fact, the best time to buy toys online is the first two weeks of December.

Myth No. 2: All retailers will offer free shipping on Cyber Monday. Not true. Shopper Wendy Burell reveals the fine print.

“On some stores yes, and on some stores, after a dollar value, yes,” she says.

Myth No. 3: Cyber Monday deals are limited to national retailers. Not true: Check out your favorite local store; many offer online deals on Cyber Monday.

Myth No. 4: Electronics offer the best discounts on Cyber Monday. Not true.

You’ll find plenty of electronics on sale, but you’ll find nearly twice as many deals on clothing and footwear.

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