The holiday seasons are here! Different parts of the world have distinct ways of getting people to spend during the annual celebration through sales. However, discounted preparations begin to pop up in the stores as early as July here in the US. But the greatest holiday deal happens after.Thanksgiving day. There are other notable days where prices are unbeatable, but nothing outdoes Black Friday.
The Jargon Black Friday comes from the time when people in the accounting business turn into profit. Its effects rubbed on retailers wanting to jump up sales big time. What followed was a system that created a buying culture when people are less wary about spending. And what is more fitting a time to spend than during the holidays? In North America, the biggest holiday spending comes after Thanksgiving
Creating the holiday mob
During the Black Friday event, stores advertise never to miss deals. It can be one of the latest versions of the iPhone purchased at a much lower price. Perhaps, a gaming console that the son in the house would fight playing with his other siblings. For moms, a unique set of the iron-plated kitchen set, the latest electric mixer or a brand new gadget. Name it, and you might have it all on Black Friday sales.
Buyer confidence in action
- People line up in long queues
- Causes traffic jams
- Crowded stores
- Clogged street
- Lines are up at the earliest time
- Some camp out to catch the top the deals during the day
- Stores have heydays offering buyers new credit cards that will hopefully make them patronize the store even it is no longer on this big sale
And of course, who will abstain from trying his luck at the day’s door buster- an item at a discounted price available for a limited time? It appears during the earliest store opening hours.
When Friday is no longer a Friday
As the years passed, enkindled by the recession, a slump in sales from retail consumers is noted.It is a fact that direct sales have not fully upped much in the recent year.It owed mainly to internet marketing. While they are in a competition setting in their online stores, they still have enough leverage when people do come and visit them buying repositories physically.
Buyers now experience the culture of a Black Friday happening not just on Fridays any longer. Some stores offer cuts on prices days before Thanksgiving or Christmas.Moreover, these days extend the traditional pre or post-holidays sales.
What remains is a catch that prices of items are lower during the sale events. The secret yet uncovered is whether there will be a limited number of the items sold at a much lower price than when traded in stores regularly. The secret uncovered is whether there will be a limited number of the items sold at a much lower price than when traded in stores regularly.
People assay on Black Friday because there is the presence of MSRP priced items that are very popular. Unexpectedly, they cost a lot of more when bought at regular store days. However, evidence shows that most of the products on the high end are often derivatives of the original stock.
Photo used is fully credited to Black Friday photo: Hornby (all rights reserved to the owners).