Black Friday is one of the most anticipated holidays for most people in several countries. Why? It is the best time of the year for shopping since stores offer the cheapest discounts and prices for retail products. This is also timely for it officially marks early shopping for Christmas holidays.

Black Friday 2017

Black Friday in 2017 is on Friday, the 24th of November

Black Friday falls right after Thanksgiving Day. This year, at Friday, it falls on November 24. It always occurs on a Friday.

To fully get the best benefits of a Black Friday, some stores and retail outlets begin to open for business starting from the night of Thanksgiving Day to accommodate the customers’ demands. Usually, others start to cater to their customers on a Friday from 4am until Sunday.

Why is it called “Black Friday”?

First, let’s take a look at the word ‘black’. It came from an accounting slang, ‘in the black’ which was first used back in 1926.

During that time, two terms were used to describe the profitability or loss of a business: “in the red” and “in the black. ‘In the red’ literally shows the way negative numbers are reflected in ledgers which indicates a business falling away at a loss. ‘In the black’, on the other hand, reflects the way positive numbers are shown in black ink.

Black Friday is considered the year’s most satisfactory time for profit; it is the transition from ‘in the red’ status to ‘in the black.

Black Friday’s Best Buys

Black Friday is the best time of the year to buy in bulk or to make big purchase. Since it falls on the season of buying gifts, some people make it a strategy to wait for Black Friday season to buy purchases in large proportion.

Usually, in Black Fridays, the popular purchases are holiday gifts for family, relatives, friends and co-workers. Food, decorations, greeting cards and flowers are also allocated for purchase during Black Fridays.

Why Black Fridays are Popular

It is undeniable that we are facing economic recession. To address this concern and still level with the holiday demands, many people prefer to engage in the Black Friday craze.

To truly make advantage of the annual event, here are the following tips:

  1. Pattern your strategy through Black Friday sites. Black Friday sites offer a wide range of choices and categories for you to choose from. This will give you a foretaste of what to expect while shopping at Black Friday. It is also important to remember that some products’ prices are subject to change. Always make allowance when budgeting.
  2. The alternative: shop online. If you prefer the solitude and concentration you get away from the crowd, many stores offer same discounted prices online with a real plus of free shipping.   
  3. Center your attention in the electronic gadgets. An electronic gadget in its original quality comes with an expensive price; that is generally non-negotiable. During Black Fridays, their rates become conveniently discounted. Take advantage of it.                        
  4. Do your price comparison research. Aside from having higher quality choices, price comparison will give you an idea about what is commonly included when purchasing a product. Other stores offer the cheapest discount of a product but then exclude the necessary parts for it to function well. Before being enticed with a product, it is necessary to know it first.
  5. Be the early bird. Black Friday lasts for only a few hours. So map out your game plan well. Needless to say, if you’re the last to come, what you’ll have are the leftovers.
  6. Don’t forget to thoroughly know the store’s regulations and policies. Knowing the store’s policy and procedure especially when it comes to returning products is a great advantage. Most stores have requirements like receipts and day duration since product purchase for you to avail product returns. Make sure to know these details.  
  7. Despite the low prices, remember to prioritize the needs, before heading on the wants. Accumulated products of ‘wants’ which will later on be unused defeats the purpose of spending less. Make sure of the important things.

When is Black Friday in 2018?

Black Friday in 2018 is on Friday, the 23th of November.