As you all know, Black Friday is right after Thanksgiving. This gives people time to shop for all their Christmas gifts. All of the stores nationwide have so many sales that people can't resist them! "Consumers were very strategic in getting the deals in items that they wanted for themselves," states Marsal Cohen in this article. On the other hand, some stores can extend Black Friday prices, and even present the prices 1-2 weeks in advance. This can cause dangerous employee protesting.
You're probably wondering what Black Friday REALLY means. Black Friday is the turning point for companies when the starting profit is 20,000-40,000. Whe the profits are low, this causes the numbers to be "black". That's why all the stores have so many sales! Just to increase profit! They probably sell the cheap stuff for alot of money.
Alot of people say that Black Friday is a waste of time and money. Let's say that you want to buy an IPad Mini. If you go on Black Friday, you'll probably get it for $300. If you wait a while, it can cost $329 on apple.com. That's why it's better to purchase electronics at the lowest price.
Black Friday is a great opportunity to get good deals. If you're a shopaholic, Go For It!
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