Cyber Monday spending is expected to top $11 billion in 2022

Consumers can expect major discounts expected to be on flat-screen televisions, laptops, and beauty products.

"Cyber Monday's roots are in tech," Editor of Retailmenot Kristin McGrath said. "So anything that is tech-related that you did not get on Black Friday that you want, Cyber Monday is the time to get it."

With inflation at a 40-year high, shoppers will need to dig a little deeper to score last-minute gifts. "They know that their budgets are getting eaten up by their heating bill, their rent, these necessary grocery purchases," McGrath said. "So the pressure is on, you know, for them to compete with each other and offer the richest deal possible."

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