Are you crazy about shopping & like to get discounts on your shopping… then you will definitely know about Black friday. But if you have heard this term first time then you were missing a golden opportunity to shop your favourite products with huge discounts.
But Don’t be Worry because now you can take advantage of this exclusive opportunity in this year. Actually, Black Friday is the day after Thanksgiving Day and this Year It on November 23rd.
But do You Know Why it is Called Black Friday while this is a Happiest Day for everyone to save on shopping? Let’s know more about Black Friday and how you can take Advantage of Black Friday, this year…
Introduction of Black Friday
On the Friday after the Thanksgiving Day, crowds of shoppers rush to retail stores as soon as they open to take advantage of special Black Friday sales and discounts, which are known to be some of the best deals of the year. Most interesting thing is that this term Black Friday spread across the country through the internet.
Basically, this term black Friday main motive to get the attention of online consumer that can easily buy product or services at home with huge discount. This event is no more a one-day event. It’s continuing for three days.
In last few years, Black Friday Sales have started way before Friday-with some stores starting their Black Friday sales on Thanksgiving Day & some even starting on Wednesday and Monday. It would not be surprising to see Black Friday sale starting on Monday on the Black Friday week. As a result, revenue-wise Black Friday is not the biggest day for stores. Biggest sales day now include Thanksgiving Day, Green Monday and Cyber Monday.
Why it is called Black Friday?
According to the Oxford English Dictionary (OED), the day after Thanksgiving has been called Black Friday since at least the early 1960s.”Many retailers report some of their highest profits on Black Friday. The black portion of the name, “Black Friday” relates to businesses recording their losses in red ink and gains in black, hence the name called Black Friday. But this cannot be a single reason.
The History and Origin of Black Friday
Initially, retailers resisted the name “Black Friday” because black days of the week have historically been used to describe negative events. A few examples include:
Black Friday, Sept. 24, 1869: The original Black Friday was the crash of the U.S. gold market. At the time, gold was one of the primary trade markets, with investors from all income levels — most of whom were bankrupted as a result of this historical Black Friday.
In an effort to shift away from the negative association with black days of the week, retailers created a new story for Black Friday. To create a more positive association with Black Friday, retailers used this example as the meaning behind why Black Friday is called “Black Friday.” Eventually, this meaning stuck and is more well-known among shoppers than the 1950s origin of the term.
Why it’s so popular..?
The US invented Thanksgiving, but it has mostly kept that holiday to itself. The day after Thanksgiving, however, is another interesting story.
We know that Black Friday in the 1960s, retailers saw an opportunity to drive revenue by making the start of holiday shopping an official event. The name “Black Friday,” of course, came from the numbers entered on ledgers: black for profits, red for losses. The Christmas season was often the first time all year that retailers reached profitability. On the other hand, slowly it has taken major strides to become a popular identity in the global world. Namely, countries that now covered with black Friday crowd are Europe, Asia, South America, and elsewhere.
According to news from Dispatches Europe, British shoppers alone will spend around 1.8 million pounds per minute on Black Friday, for a grand total of 10 billion pounds over 24 hours. The holiday has surpassed even Boxing Day as the most popular shopping day of the year.
No idea, how much you can spend money on this season 25th November but one thing is very crucial to deal with the best services and products, choose the right path. Meanwhile, you can save your precious time and money. Black Friday has spread across the globe. You can thank the e-commerce company like Amazon and furthers that provide best services with huge discount. As well as if you want to design your own business with an online presence, for this you can choose the best hosting deals like Bluehost, Hostgator, Siteground, Ipage. These all deals come with an unlimited discount this season.
Simply put, Deals are unlimited, Shops are unlimited but the choice you’re what you want
Originally published at wowblackfriday.com