Black Friday
Black Friday:
Observed every Friday after Thanksgiving Day, Black Friday is the name of the biggest sales day of the year in the United States which takes place on Friday after thanksgiving. It is an annual retail extravaganza where every year brands and retails run special offers, deals, and discounts on tons of products. Shoppers get pretty hyped about it, so hyped that 51% of the US internet users said that they would shop at the Thanksgiving table if it meant they could get an amazing deal.
Year | Date | Day | Where |
2020 | 27th November | Friday | United States |
2021 | 26th November | Friday | United States |
2022 | 25th November | Friday | United States |
Twitter Hashtags:
#BlackFriday
Why Black Friday?
Over the years Black Friday has become one of the busiest shopping days of the year in the United States. Though not an official holiday, California and some other states observe the day after Thanksgiving as a State Holiday. It brings a great deal of profit for retailers all over the US and has also reached other countries such as Canada, the United Kingdom, Australia, Germany, and other parts of the world. Its significance lies in being the Shopping holiday and the excitement it brings among the shoppers.
Black Friday is an integral day in the calendar of the retailers. In 2017, 174 million Americans went shopping on Black Friday, and that’s over half of the population. Not only that, but there were also 13 million online transactions on Black Friday in the year 2017, the average spend per person on the Black Friday weekend being $335.47.
As competition is at its peak, some retailers offer special promotions and open their stores much earlier on Black Friday to attract customers, some even begin to offer deals in early November. Retailers could spend up to a year to plan their Black Friday sales. They use this day as an opportunity to offer the lowest prices on various products. They offer a significant discount on top-selling brands of TVs smart devices, and other electronics, luring the customers inside so they will buy the higher-margin goods.
Customers often shop on Black Friday for the most trending items, which in many cases has led to violence in the absence of proper security. Nevertheless, Black Friday has become the most important day of the year especially for retailers and it is not without success.
How Can We Observe Black Friday?
Though originally Black Friday began in the US, it has now spread to many countries.
- Go Shopping for electronic stuff!
It is that day of the year when there are tons of offers and deals with various brands. We can observe Black Friday by making use of this opportunity as a lot of US-based online stores offer deals during black Friday that are shipped internationally.
It is a good time to grab a bunch of electronics at cheaper prices. You can buy computer accessories, smart home equipments, Memory Cards, portable speakers, wireless routers, and wearables!
- Share your best deal of the day on Social Media
Observe Balck Friday by sharing the best deals you got today on Social media with friends and family! Encourage them to participate in the Black Friday using #BlackFriday.
Interesting Facts About Black Friday:
Here are some interesting facts about Black Friday,
- in 1800’s “Black Friday” was the term used when the Stock market crashed due to the increase in the gold price.
- The predecessor to Black Friday was the Santa Claus parades, which was the signal to officially kick off the holiday season
- In 1961, one newspaper tried to rename Black Friday as ‘Big Friday’ but unfortunately, the term didn’t stick around for long
- Black Friday was not officially claimed to be the busiest shopping day of the year, until 2001.
- The concept of Black Friday is popularly observed in over 15 countries across the world.
- In Mexico, Black Friday is referred to an “El Buen Fin” which translated to “the good weekend”
- According to a recent survey, 12% of Black Friday shoppers would have consumed alcohol before shopping!
- on average, shoppers wait for 2.5 hours in a line for a deal.
History of Black Friday:
The Philadelphia newspaper first coined the phrase ‘Black Friday’. It was used to describe the heavy and disorderly pedestrian and vehicle traffic that would occur on the day after thanksgiving. The phrase though used initially in 1961, became more widespread twenty years later were, this day became the important point of the year when retailers began to turn a profit, thus coming out of the red line (loss) into the black (profit).