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Black Friday A Business Trick of the US

November 20, 2011  by: Paulose  Points: 12   Category: Others  Earning $0.40   Views: 715

Black Friday is another American Business trick to promote business to the busiest level on the following day of Thanksgiving Day. Since Thanksgiving Day is always observed on a Thursday the following day, being a Friday, falls on a Friday and it is called Black Friday.

         

Only in the United States the Friday, following Thanksgiving Day, is traditionally considered as Black Friday. The day gets busy at the dead of the night, even at 12 A.M., when people wait at the gates for shopping.

Black Friday dawns in black

Black Friday gets busy with shopping generally at 4 a.m., or earlier. On this day, many retailers offer promotional sales to kick off the shopping season getting ready for the following season Christmas. It is supposed to be the busiest shopping day of the year. Many consider this day as the official beginning to the holiday season focusing attention to shopping and feasting. Although Black Friday is not an official holiday, many employers give their employees an unofficial day off, encouraging the number of potential shoppers.

History of Black Friday

Black Friday which begins in the black hours of the night has an interesting history behind it. In olden days, when accounting records were kept by hand, red ink indicated financial loss while black ink indicated profit. This habit paved business world coin fiscal terms of red meaning loss and black meaning profit. By promoting shopping with attractive discounts and coupons Christmas shopping typically begins on this day with heavy sales throughout the United States.
American historical records say that the name "Black Friday" originated in Philadelphia, where it originally was used to describe the heavy traffic that disrupted pedestrians and vehicles. It is said that the name was officially used from 1966 in Philadelphia and in other places afterwards.

Make profit on Black Friday diligently

1) Black Friday a business trick
In fact Black Friday is only a business trick. Retailers can increase sales in their "black" and gain a considerable profit. The discount or coupon reduction is in no way meant for their loss, but they fix the rates in such a way at super low prices just to attract the customers. You can also gain some money by careful use of this business trick.

2) Customers can hunt some gains on this day
Black Friday can offer some profit to the bargain hunters, because retailers cut prices on a limited number of items at or below cost. Business on this day is a mere trick to bait the customers easily. Diligent use of comparison shopping can help the customers make some real profit.

3) Hot items are the bait and switch
Hot items of this day will be sold earlier and these are the baits that really attract the customers. These items are sole at the earliest hours and those who rush and wait the gates to open may gain something.

4) Many websites give details about Black Friday shopping. Coupons are available at shopping sites such as http://www.theblackfriday.com/. They give details about deals and coupons.BlackFriday.info., Black-Friday.net, BlackFriday.org are some of the sites where you can get more details.




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