Black Friday Analysis
Black Friday is the following Thanksgiving Day in the United States, traditionally the beginning of the Christmas shopping season. Black Friday is not an official holiday, but many workers have the day off as part of the Thanksgiving holiday, this increases the number of potential shoppers. Retailers often decorate for the Christmas and holiday season weeks beforehand. Many retailers open extremely early, with most of the retailers typically opening at 5 A.M. or even earlier. Retailers use Black Friday to kick off the holiday season to use much of their products to go from the red to the black.
Department stores and outlet malls slash their prices considerably to give consumer great deals. Not only do most Americans spend countless dollars on this day, but most are so drawn to the desire to make a purchase that the façade that a discount justifies a purchase only takes the issue one step further; and that is waiting outside for hours in the dark, freezing cold. Black Friday has become so blown up that people actually skip Thanksgiving to wait in front of the department store. Stores open extra early and people bulldoze their way in, pushing and shoving like ravages to get what they want.
On the popular holiday for consumers, the Black Friday outraged the numbers of consumers buying products and the number of cheap deals within the markets. On the past Black Friday, customers were waiting outside for hours before Wal-Mart opened. Customers had in mind that the wait would be worth it, since the process are of great deal, and process good as such could be considered as one of a year time. By midnight, the mall’s parking lot was at full capacity. Black Friday has become almost a competitive sport with others, hoping to get the hot items of the season at bargain basement prices.
Customers are smart and patient enough to wait and know when is the right time on buying that...
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