What Is Black Friday and Everything You Need to Know About It

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16 Oct 20

What Is Black Friday and Everything You Need to Know About It

Black Friday is the most popular day before the holiday season. Shoppers like to find good deals on different types of products. However, there are a few things to have in mind. Is the hassle worth it? How to make sure that you get the best deals? Read on and find out more!

What is Black Friday?

We know that everyone gets mad when Black Friday is around. But what does this day exactly mean? It is the day after Thanksgiving Day in the US. All the stores open early and offer sales and discounts on November 27th. This practice was adopted in many countries around the world, including the UK. You can see queues in front of the stores, as everyone is trying to get their hands on the bargains.

Which items should you expect?

Most of the retailers offer discounts on Black Friday. However, shoppers tend to favour some products more than others. Electronic devices tend to enjoy immense popularity. They usually come with high prices, so the savings are enormous. Shoppers struggle to get the last pieces of TVs, gaming consoles, and smartphones. Other products that you can expect to get on sale are clothes, toys, beauty products, food, and drinks.

Create your wishlist

Black Friday can quickly get you from saving to splurging in no time. Grabbing a particular product because it is cheap doesn’t mean that you will save. Don’t spend money on products that aren’t good or you won’t need them. Plan your wishlist and be realistic about your expectations. Check the prices online within different retailers to make sure you get the best value.

Be careful with tech buys

Many people will run off to buy the latest TVs and gaming devices. However, it would be best if you were very careful when making the right choice. You will see lots of new name brands everywhere. While they might be very cheap, make sure to avoid buying low quality. But, this doesn’t have to mean that all brands are bad. Do the research and read some reviews to find out more about that brand.

Another thing to keep your eye on is the lifecycle. Tech gadgets such as TVs are released based on year cycles. This means that each year there will be a brand new version of the device. The brands will force the original versions so hard, so you might forget about last year’s model. Likely, the difference between the new and 1-year-old device isn’t huge. Make sure that you check the previous version, as it might have a better price.

Track the price history

While you can find many good deals on Black Friday, keep in mind that you might encounter scams too. Some retailers like to raise the price before the big day and add a “discount.” Of course, this means that the product will have the same price as before. Be sure to track the price history of the items you plan to buy. Many useful web tools provide you with the price history of different sellers or brands. This way, you will know if you have a good sale or just a fictive discount.

Sign up beforehand

If you want to take advantage of the online deals on Black Friday, be sure to create your online accounts well ahead of time. You don’t want to go through the time-consuming signup process on the day of the sales. This can make you lose your precious time and miss out on good deals. Don’t forget to add your card details and shipping details to make the p[urchases more straightforward.