US crisis and the incoming Black Friday
I’ve been following closely all the news about the US crisis that later on spread to Europe too. And that’s because i was really curios how would this crisis affect this year’s Black Friday and Cyber Monday sales period.
It seems the crisis does not stop people from buying plasma TVs, gadgets, iPhones and stuff like this. Also, a sales period will attract even more customers now, when money are a problem.
If in the previous years many people were too lazy to move their buts on the lines at 3 am in the morning, i believe this year more and more people will have to. Thus, the crisis will positively affect Black Friday 2008. And also, retailers will come with better Black Friday deals in order to attract more and more people, cause they too have to sell more in order to fight the crisis.
So, for the customers, the financial crisis might bring better offers this year’s Black Friday. At least in my opinion. What do you people think about this subject?
Tags: Black Friday
The downturn will make sellers look at their prices and force them to reduce their margin so they can sell goods. This is a win - win for buyers but a time for sellers to watch their margin, otherwise this time next year they will not be trading.
I can relate to this ! , I’ve heard some goody things about this blog !
Great points Mike. This year should be great for consumers although the thoughts of people buying Plasmas on credit and going further into debt is a bit scary!
I have been getting smart by reading blogs and checking out videos on black friday shopping strategies….bottom line…PLAN AHEAD and start early!!