One of the biggest shopping periods of the year is the day of Black Friday which usually extends to the following Monday, dubbed Cyber Monday. During this period, Retailers slash their selling prices and offer consumers a great deal of discount on some selected products.
Most of the retailers who partake in this yearly event are online shopping sites. Black Friday and Cyber Monday are mostly an online phenomena. Although many retailers offer Black Friday deals in their Physical Store, Cyber Monday like the name suggests, has always been an online thing.
So what is Black Friday and Cyber Monday? How do they Begin? And when are they in 2018? Here are some explanations I found.
What is Black Friday and Why is it called Black Friday?
I found quite a few explanation on this but the most common is this; Black Friday is the Day after Thanksgiving in the United States. This day, though not officially an holiday, is usually set aside as the beginning of the shopping season for Christmas. This is always marked with a surge in the numbers of shoppers. As a result, some employers – in the US – give a day off for their workers.
Why it is called Black Friday?
The first known mention of Black Friday was in November 1951, when it was used to describe the issue of people calling in sick after the Thanksgiving day so they could have a day off work. At the same time, the term ‘Black Friday’ was used by Bus drivers and Police in the US to describe the heavy traffic that occurs on city streets, the day after Thanksgiving as shoppers make their way to retail shops.
A more positive explanation was giving by business owners, as the prevailing one connotes a negative tone. They presented Black Friday as the day of the year when retailers finally begin to turn in profit for the year. Usually, in accounting, Red ink is used in recording a loss while Profits were usually shown in Black ink. Thus, the reason for Black Friday.
What is Cyber Monday and Why is it called Cyber Monday?
Cyber Monday is the Monday Following Black Friday. As the name implies, most major retailers who partake does this exclusively online. The term was coined in 2005 by Ellen Davis and Scott Silverman, as a deliberate attempt to promote online shopping when internet was still not as popular. Thus the Name ‘Cyber Monday’.
Cyber Monday was actually an extension of the traditional black Friday. An avenue for those who are too busy to shop physically at stores, or want to avoid the crowds on black Friday. It is a popular day with online shoppers who scout online stores for many great online deals in the comfort of their homes.
When is Black Friday in 2018?
Black Friday is the Friday Immediately after Thanksgiving in the US. So this Year, Black Friday will be on November 23, 2018. So be Prepared to Shop now!!!
When is Cyber Monday in 2018?
Cyber Monday will be the Monday immediately after Black Friday, Thus for this Year 2018, it will on November 26, 2018. So start to watch out for great deals on your favorite online stores!!!
Are Black Friday and Cyber Monday deals Real? How Does it work?
If you have wondered if those crazy deals on Black Friday and Cyber Mondays are Real, then you are not alone. So have I. Well the answer to that is YES, they are. Surprising, isn’t it. But You may wonder how does it work and how can the stores afford to sell at those somewhat ridiculous price? The secret lies in the fact that, such discounts have been negotiated in advance with the suppliers, so don’t be deceived into thinking that they are spontaneous as the sellers wants us to believe. Some products are also ‘end of line stock’ (Items that a supplier/manufacturer wants to get rid before closing down or switching over to another product), thus the reason for its great deal.
In Nigeria, there will be a number of online store to offer great Black Friday and Cyber Monday Deals. Deals, sometimes last a week. All it takes to benefit from these offers is to be prepared and ready to make orders. The two biggest online stores Jumia and Konga are sure to participate in this year’s Black Friday, with Jumia starting in November 2. Watch out!!! These two Giant Online stores made it to the top 20 most popular Nigerian websites
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