Cyberday Chile 2024: when does it start, why prices would be lower than ever and which categories could be the cheapest

Cyberday Chile 2024: when does it start, why prices would be lower than ever and which categories could be the cheapest
Cyberday Chile 2024: when does it start, why prices would be lower than ever and which categories could be the cheapest

One of the events of online shopping preferred by the country’s consumers is just around the corner, it is the Cyberday 2024 which is about to be carried out in Chile.

Although there is still no official date for its respective realization, the event organized by the Santiago Chamber of Commerce (CCS) It would already have a defined period for its execution.

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When will Cyberday 2024 be in Chile?

Specifically, according to the websites of some retail stores, Cyberday 2024 would take place from midnight next Monday, June 3 until Wednesday, June 5 of the same month.

With a few weeks left until the event that is to come, commercial stores will offer a series of discounts on their respective products. What’s more, economists point out that Cyberday this 2024 would be one of the events that will have the lowest prices of which there is a record.

Why would prices be lower than ever?

As explained by the economist from the PKF consulting firm, Hector Osorioduring this Cyberday 2024 “It is important for companies to achieve some degree of inventory cleanlinessthat is what it points to, because it means for them to exchange items for cash, in general that are not frequently acquired by end users.”

In that sense, the aforementioned “it gives us a signal and gives us a chance to have cash and reduce our inventories that otherwise would become obsolete,” he explained.

Within the framework of the above, according to an analysis carried out by the platform Getiit is presumed that the prices of the products on Cyberday 2024 they could be cheaper than on previous occasions. “In October 2023, the average reduction was 26.2% for payments with any means and 25.4% for payments with retail cards. In May 2023, these figures were 22.6% and 21.3%, respectively,” the report details.

Meanwhile, the co-founder and CEO of Geti.cl, Francisco Contreras Donoso, said that “It is estimated that for this event, the average price reduction will be between 20% and 25%”.

Cyberday 2024: the categories that could be cheaper

According to the aforementioned analysis, the articles of fashion, toys and home were the ones that experienced the most reduction in the Cyberday 2023. Specifically, in October of last year fashion had a reduction of 32.7%, Same situation with toys and household objects.

Along those lines, for this Cyberday 2024 It is expected that the same categories mentioned above (fashion, toys and home) continue to experience price declines.

 
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