Black Friday is the Friday after Thanksgiving Day.
Black friday can be as early as the 23rd or latest by 29th of November. Black Friday is not an official holiday but many companies give their employees a day of leave.
Black Friday is known as the Busiest Shopping Day of the Year and it's the best timing to pick up best Christmas deals, and to decide on your Christmas gifts which are on sale.
Many retailers open as early as 5am with irressistible shopping deals:-
a. Retailers offer "loss leaders"
- selling items at a price loss in order to get shoppers into their stores and hoping they will pick up other items while in the stores
b. Limited quantity sales
- first 10 people buys the Apple iPhone at only US$4! Would you queue up? Shoppers will rush in the thousands for sure
For lazy shoppers, who wants to avoid the RUSH, they will intelligently shop online for Black Friday sales!
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