FUN Fact Friday- Black Friday Edition 11/29/2013

While you are out getting hit in the face for a waffle iron (This happened to me), here are some great facts about the year’s most popular shopping day!

1. In 2011, 226 million Americans purchased $52 billion worth of merchandise throughout the Thanksgiving weekend.

2. According to Google Trends, online searchers started looking in earnest for the term “Black Friday” on Oct. 14, with activity revving up around Oct. 20. 

3. The last few days of the holiday shopping season will net shoppers better deals than Black Friday. Some products sell for 10 percent to 15 percent less than they do on Black Friday.

4.  The day wasn’t originally named after the time that retailers get “in the black” in terms of profit, although it has come to be promoted as such. The earliest documented reference  to the moniker was in January 1966, when Bonnie Taylor-Black of the American Dialect Society wrote: “‘Black Friday’ is the name which the Philadelphia Police Department has given to the Friday following Thanksgiving Day. It is not a term of endearment to them. ‘Black Friday’ officially opens the Christmas shopping season in center city, and it usually brings massive traffic jams and over-crowded sidewalks as the downtown stores are mobbed from opening to closing.” 

5.  Doorbusters might be better called door-imposters. Many products promoted at deep discounts on Black Friday are “derivative products” — items that look like and are named the same as the standard model, but are actually made with cheaper components and may not have the same features. Consumer Reports highlighted derivative electronics and found big-name companies like Sony and Samsung have made derivative televisions in previous years; and that laptop and printer deals from brands like HP in Black Friday ads appear to be derivatives as well

You guys have a safe Black Friday!!!


Author: tfun2662

I am 30 something year old and I love to write about everything!

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