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What is Black Friday? Tips and Tricks for Scoring the Best Black Friday Deals

Saumya
By Saumya | November 4, 2023 8:42 pm

As the leaves turn amber and the air gets crisper, a particular buzz starts to fill the atmosphere. A time that's not only marked by the changing environment but also by the growing excitement for Black Friday. This event, which occurs on the Friday following Thanksgiving, is renowned for its extraordinary sales, drawing shoppers in droves to take advantage of the significant markdowns. The article promises to delve into the origins and practices of Black Friday, offering guidance on how to identify the most advantageous deals and strategies to maximize the benefits of the day's shopping opportunities.

Black Friday is a day steeped in retail tradition, eagerly anticipated by consumers eager to snag the best deals of the year. It's a day when retailers slash prices, offering promotions and discounts that are often too good to pass up. The term "Black Friday" itself has an interesting backstory, believed by many to describe the point at which retailers' books go from red to black, indicating profitability.

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When is Black Friday? It's the day after the American holiday of Thanksgiving, which means it falls on a different date each year but always on a Friday. This day has become a global phenomenon, with stores like Walmart leading the charge. Walmart Black Friday deals are some of the most sought after, with the retail giant offering substantial discounts on a wide range of products, from electronics to home goods.

Understanding why it's called Black Friday provides insight into the day's commercial importance. The name is linked to the idea of stores moving from the "red" (losses) into the "black" (profits), as the massive influx of shoppers has historically been the point where their profits soar.

This article will not only explain these facets in greater detail but also provide practical advice for navigating the sales. This includes how to sift through Walmart's Black Friday offerings and other retailers' promotions to find the best deals, ensuring a successful and efficient shopping experience.

Table of Content

Black Friday Deals 2023: Top Early Sales

As November begins, Black Friday 2023 deals are already available, offering significant discounts on a wide array of products such as TVs, clothing, kitchen appliances, toys, vacuums, and Apple gadgets. These Best Black Friday Deals are handpicked from top retailers, including Best Buy Black Friday specials, Target Black Friday offers, as well as sales from Amazon and Walmart. As shoppers anticipate the event, many wonder, "When is Black Friday 2023?" The official date is November 24, but with early deals like these, the savings are already accessible.

Early Deals Highlights:

  • Apple iPad (10.2-inch): Discounted to $249.
  • iRobot Roomba Vacuum: Reduced to $159.
  • LG C2 OLED (65-inch): Priced at $1,399, its lowest ever.

These deals are part of early sales allowing shoppers to get ahead of their holiday purchases at great prices.

Retailer-Specific Deals:

  • Amazon: Up to 50% off on electronics and clothing.
  • Apple: Deals starting from $99 on AirPods Pro and other devices.
  • Best Buy: Up to $800 off on tech items.

Noteworthy Product Deals:

  • Ninja Foodi Air Fryer: Now at $99.99, down from $179.99.
  • DreamCloud Luxury Hybrid Mattress: 50% off, with a queen size at $665.
  • < b>Sony WH-1000XM4 Headphones: Priced at $248, close to last year's lowest price.
  • Amazon Fire HD 10 Tablet: A 50% discount brings it to $74.99.

Budget-Friendly Deals Under $25:

  • Amazon Devices: Discounts on Fire TV sticks and Echo devices.
  • Gift Ideas: Starting at $14.99, including toys and Christmas decorations.
  • Household Items: Deals on coffee mugs, vegetable choppers, and smart plugs.

TV Deals:

  • Samsung 75-inch 4K Smart TV: On sale for $579.99.
  • LG C3 65-inch OLED TV: Discounted to $1,599.99.

Why is it called Black Friday?

The phrase "Black Friday" carries with it a tale of two very different stories, one rooted in history and the other in modern retail success. Let's unravel this term and understand how it shifted from a negative to a positive connotation, especially in the context of shopping.

Originally, "Black Friday" was associated with a grim part of history. It referred to a day of financial panic on September 24, 1869, when two investors, Jay Gould and James Fisk, tried to corner the gold market on the NYSE. The scheme failed, leading to a market crash, with many investors losing vast sums of money. The term "black" was used to describe this dark and chaotic day in the financial world.

Fast forward to the late 20th century, the term took on a new meaning in the retail world. "Why is Black Friday called Black Friday?" one might ask. The answer lies in the accounting books. In traditional accounting practices, red ink indicates a loss, and black ink signifies a profit. Retailers often operated at a loss, or "in the red," throughout the year until the day after Thanksgiving. On this day, massive sales would see such a significant surge in purchases that the stores would begin to turn a profit, or move "into the black." Hence, the day was coined "Black Friday."

Now, let's talk about "Black Friday Online Shopping." With the digital age, Black Friday has transcended physical stores. Shoppers can now access deals without stepping foot outside their homes. Online shopping on Black Friday has become a convenient way for consumers to take advantage of sales with just a few clicks. It's a day when websites crash from traffic overload, and deals go live at the stroke of midnight.

Tips and Best Deals for Black Friday

To truly benefit from Black Friday deals, preparation is key. Here's how you can get ready:

  1. Research Early

    2. Start by researching products you're interested in a few weeks in advance. This gives you a baseline for comparison when the deals start rolling in.

  2. Set a Budget

    3. It's easy to get carried away with the plethora of discounts. Set a budget for your spending to avoid post-Black Friday buyer's remorse.

  3. Make a List

    4. Decide what you need versus what you want. A list helps you stay focused and reduces the chance of impulse buys.

  4. Sign Up for Newsletters

    5. Many retailers send out their best deals to subscribers first. Sign up for newsletters from your favorite stores to get early access to sales.

  5. Follow Social Media

    6. Retailers often offer exclusive deals to their social media followers. Make sure you're following the brands you're interested in.

The Day of Deals

When Black Friday finally arrives, it's a whirlwind of discounts and promotions. Here's how to navigate the day:

  1. Start Early

    2. The early bird gets the worm, or in this case, the best deals. Whether you're shopping online or in-store, start early.

  2. Prioritize Your List

    3. Go for the high-ticket items first. These are often the ones with the biggest discounts and the fastest to sell out.

  3. Check Price Histories

    4. Use price comparison tools to see if you're truly getting a good deal. Some retailers may inflate prices before Black Friday to make deals look better.

  4. Keep Receipts

    5. In case you find a better deal later or need to return an item, keep your receipts organized.

  5. Stay Safe

    6. If you're braving the stores, be mindful of your surroundings and personal belongings. If you're online, ensure you're on a secure connection and shopping from reputable sites.

Online Shopping on Black Friday

With the rise of e-commerce, many prefer the comfort of snagging deals from home. Here are tips for online shopping:

  1. Secure Your Information

    2. Use strong passwords, and consider a payment method with buyer protection, like a credit card.

  2. Compare Across Websites

    3. Use browser extensions that can help you compare prices across different online stores.

  3. Watch Out for Flash Sales

    4. Online retailers often have limited-time offers that aren't advertised in advance. Stay alert.

  4. Consider Shipping Costs

    5. A deal isn't a deal if shipping costs an arm and a leg. Look for free shipping options.

  5. Read Return Policies

    6. Understand the return policy for each item. Some discounted products may have different return policies.

After Black Friday

The deals don't always end on Black Friday. Keep an eye out for:

  1. Small Business Saturday

    2. The day after Black Friday is dedicated to supporting small businesses, which might offer their own deals.

  2. Cyber Monday

    3. The Monday following Black Friday is tailored for online shopping deals.

  3. Giving Tuesday

    4. After several days of deals, Giving Tuesday is a day dedicated to charitable giving. It's a good time to reflect on the spirit of the holiday season.

Conclusion

Black Friday is an exciting time for bargain hunters and gift shoppers alike. With the right preparation and strategies, you can navigate the sales effectively and safely. Remember to stay within your budget, prioritize your shopping list, and most importantly, enjoy the thrill of the hunt for the best deals. Happy shopping!

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