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Economy/Business
25 January 2016, 14:19

90% discounts are promised on "Cyber Monday"

UFA, 25 January 2016. /Bashinform News Agency, Arthur Basyrov/. In Russia, the "Cyber Monday" campaign starts. It is popular global online sale at online stores. According to Russian news agency referring to the president of the Association of Internet Commerce Alexei Fyodorov, many of goods that day will be available at a discount of 90%.
"It is very expensive to store the goods for all retailers. There are seasonal things, there are collections, and there is something that can be put on storage for the entire spring-summer period. That is why the sales are arranged. Many of us go negative now, we sell cheaper than cost of goods, it's really true",- said in an interview with Russian News Service Alexei Fedorov.
According to him, about one hundred firms will take part in the "Cyber Monday". However the expert refused to name the approximate prices, which will operate that day referring to depreciation of the ruble.
Author:Arthur Basyrov
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