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Black Friday

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Comments

  • Registered Users, Registered Users 2 Posts: 5,707 ✭✭✭valoren


    The term "black Friday" came about as a reference to the severe traffic on the Friday after thanksgiving. Its origins have nothing to do with sales.

    Was reading up and another origin is said to be that 'black' refers to the positive book balance retailers would have after selling off stock i.e. that their books would no longer be in the Red.


  • Registered Users, Registered Users 2 Posts: 7,574 ✭✭✭HalloweenJack


    There's an online shop that I use to buy retro football shirts from and they had 50% off so I bought a few things off them. Good value.


  • Registered Users, Registered Users 2 Posts: 6,547 ✭✭✭Agricola


    valoren wrote: »
    Was reading up and another origin is said to be that 'black' refers to the positive book balance retailers would have after selling off stock i.e. that their books would no longer be in the Red.

    That's my understanding of it too. It originated in the US, so you'd imagine it must reference something financial!


  • Registered Users, Registered Users 2 Posts: 5,373 ✭✭✭paulbok


    Black Friday refers to the day when in theory, a retailer has made enough to cover all their costs for the the full year, so everything from here on in is pure profit. So they are now "in the black" on the ledger.


  • Registered Users, Registered Users 2 Posts: 10,102 ✭✭✭✭lertsnim


    Black Friday, when people fight each other over **** Polaroid HD televisions.


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  • Registered Users, Registered Users 2 Posts: 6,371 ✭✭✭Ubbquittious


    lertsnim wrote: »
    Black Friday, when people fight each other over **** Polaroid HD televisions.

    Another zombie brand. Once a company that made an innovative product, now just a brand name owned by a lad in an office who selectively imports various electronic doohickeys from China and sells them at a huge margin


  • Registered Users, Registered Users 2 Posts: 1,426 ✭✭✭Jamsiek


    ligerdub wrote: »
    On the surface it doesn't make sense here, but it does if you think of who is competing here.

    5-10 years ago if you wanted to buy something chances are you probably physically went into the shops and bought it. Even if you were bargain hunting you'd probably do either do your research on foot or perhaps online and then go buy the product.

    When you consider then that Amazon ramped up their sales for Black Friday towards the European and UK&I market it forced a lot of other companies who might not have been competing with them before to follow suit. I doubt many people would have been willing to buy a TV from an online retailer a few years back, but the trend towards that has added a layer of comfort to the process for the buyer now.

    If a customer buys a tv every 5-10 years and are prepared to buy from Amazon, who are taking 30%-40% off their prices then the likes of DID and Currys can't exactly sit idly buy and watch what would be their sales walk out the door. If they didn't do something they'd all go out of business. When you consider Amazon do this pretty much across the board then it brings in not just electronic shops, but pretty much every business.

    It's not like these companies want to get involved with some sort of American tradition, it's that a global company with an American culture has eaten into the local market in a big way, and the locals must adapt to compete.

    I agree with you to an extent, but the big day for online sales is Cyber Monday where big corporations like Amazon really get busy.
    Black Friday is more to do with buying in stores than online from my experience.


  • Registered Users, Registered Users 2, Paid Member Posts: 24,755 ✭✭✭✭Cookie_Monster


    In fairnes there are significant saving to be made particularly on sites like Amazon. I've saved close 30% on one item and 20% on another. These are items I've been tracking as Christmas presents for people for months so I know the reductions are genuine.

    30% is hardly life changing now is it. If it's not got at least 70% off for black Friday it's not worth the bother and you'll get it cheaper some other time of the year.


  • Registered Users, Registered Users 2 Posts: 33,286 ✭✭✭✭freshpopcorn


    30% is hardly life changing now is it. If it's not got at least 70% off for black Friday it's not worth the bother and you'll get it cheaper some other time of the year.

    I saved a bit on the gifts I was planning on buying and it was the cheapest I've seen them during the year!


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