Posts

What Is the True Story Behind Black Friday?

Image
Black Friday , the annual shopping extravaganza, is already a staple of many Thanksgiving festivities, but this holiday ritual has darker beginnings than you might think. The phrase " Black Friday " was first used to refer to a financial catastrophe, notably the crash of the US gold market on September 24, 1869, rather than post-Thanksgiving holiday shopping. Jay Gould and Jim Fisk, two infamously vicious Wall Street businessmen, collaborated to purchase up as much gold as they could, aiming to inflate the price and sell it for astronomical profits.  The conspiracy ultimately came to light on that Friday in September, throwing the stock market into freefall and bankrupting everyone from Wall Street billionaires to farmers. The most accepted explanation for the Thanksgiving shopping ritual of Black Friday is that it is linked to merchants. According to the account, after a whole year. Why is it called Black Friday? Early 17th century (as school slang, in the sense ‘Friday on w

Black Friday Shopping During COVID-19

Image
As everyone knows, Black Friday is the busiest shopping day of the year and fell during one of the world's worst outbreaks of the coronavirus pandemic. But despite what is happening right now, a lot of people still expect Black Friday shopping deals in every online and traditional store. 2021 Black Friday Shopping Trends In this holiday season, Black Friday shopping is the official start of the hectic period, and it's when most shops declare that they've gone "in the black" for the year, meaning they've made a profit. Some Larger businesses stated they would not be open on Thanksgiving Day, continuing a trend that began nearly a decade ago. The bulk of these stores have already said that they will be closed on Thanksgiving Day this year and will not be open in the early hours of Black Friday. But some online and traditional businesses are still going to open for the Black Friday Shopping Season. As soon as the Halloween decorations are taken down, most big r

Why is Black Friday Good for Businesses?

Image
As more retailers offer deals earlier in the season, Black Friday excitement is no longer confined to a single day. That's why it's so important for SMEs to plan ahead to meet the needs and expectations of customers, giving them a significant advantage over the competition. Read More Black Friday Benefits Increased Traffic and Sales An Opportunity to Clear Stock Before Christmas Season Customer Acquisition Incremental Sales Easier Fulfilment Pressure to Discount Impact on Margins It Can Generate Returns Do retailers benefit from Black Friday ? Each year the Black Friday shopping event dominates the news and breaks new sales records. The last quarter of the calendar year – which includes the period from Black Friday to New Year – is generally the most profitable for the majority of retailers. What is the best way to use coupons and discounts? All you need are internet-connected devices (computer, iPad, iPod, or smartphone) to access a wide range of savings opportunities, inclu

A Good Thing To Get Into The Atmosphere of Holiday Shopping Season

Image
It is the biggest shopping day in the United States. But what to expect on   Black Friday ? It is excellent to know about it. In this article, let us manage some significant inquiries on   Black Friday   to get into the holiday shopping season’s atmosphere officially. Below are some essential questions on  Black Friday .   What is Black Friday ? It is the shopping extravaganza following the U.S. Thanksgiving occasion. It has likewise traditionally been an occasion itself for some workers. It is usually a day full of exceptional shopping deals and significant discounts and starts the holiday shopping season.   Why is it called Black Friday? The term  “Black Friday''  implies a positive lift in retail deals that didn't grow nationwide until the last part of the 1980s when traders began to spread the red-to-dark profit account.  Black Friday  is portrayed as the day stores made money for the year and the biggest shopping day in the United States.    The term was first used in