90% of Black Friday deals were the same price or cheaper six months before
bbc.com
bbc.com
Just like how for singles day in Asia, retailers shamelessly just jack prices up beforehand to make their sale prices look like discounts. These events seem more about whipping the naive mainstream consumer into a consumption frenzy than having real deals to be excited about. While those deals still exist, they are like nuggets of gold that you have to sift through the noise to find.
We literally have all-month black friday "deals".
I can tell without looking that Cities: Skylines is sold for 6.99 euro. Or the latest Civilization game at 15 euro. Or bioshock infinite at 7.99 euro or so.
One retailer trademarked "Black Friday" so no other store can use it.
This caused Black Friday to become Black November, Blue November, Red Weekend. I think we even have deals in September.
I think this year was not very common in that for example TVs had the same low price the entire week, usually someone has a lower price during just the friday but not for popular models this year.
Personally I liked "Mellandagsrea" more than Black Friday back in the day. It was much more calm.
Maybe I am wrong, but I feel like it has only been within the past couple decades that we have seen things marketed as black Friday outside of America, or sales co-opting the name for things like pre-black Friday sales, extended black friday sales and things like black Friday in summer.
That wasn't the narrative in 2002, my first Black Friday.
I wouldn't dismiss singles day, though. There were some surprisingly cheap (both in price and quality) items I picked up on singles day.
Got an AirPod clone for something like a dollar last year.
This year I picked up a coffee grinder off the official retailer for Timemore on AliExpress. The official Canadian retailer charges a 100% premium on the product. No thanks, I'll wait for it to come on the slow boat.
I waited for singles day and got it for another $10 off.
No offense intended if this is pure stamp collecting.
People who earn, say, $30/hr won't take literally 2 seconds to scroll past the sponsored listings and save $50+.
My point was that people will spend an hour working to make $30 but won't spend a minute looking around to save $50.
Even resting has some benefit to you. Unless your only alternative is some mildly unpleasant activity which doesn't allow you to rest, that time was not valueless.
So you're saying I shouldn't be playing MMORPGs all the time?
Black friday is a term for a day when something horrible ocurs, the term was applied to the day after thanksgiving by police in an american city because of the difficulty in maintaining crowd control and it caught on.
While black Friday is a reference to a single day in history. It is also a reference to the annual shopping for Christmas. Which has also changed. It really was the start of the shopping season but alas, you cant stop change
- retailers are showcasing a limited number of goods that they expect to sell fast.
This means short delivery times, no weird third party shipping from obscure places. They are prepared, and even buying at the same price as usual, the experience tends to be better.
- the piling up effect makes it worse for delivery, worker conditions are probably worse, even if they get paid some amount more than usual.
This makes it a very mixed bag, and I wish we had a better grip on the second point, to be able to fully appreciate the first one.
I wonder how much of that is true and how much is just make believe.
And it was cheaper (same price, but bigger storage)
This would be illegal in Denmark https://www.forbrugerombudsmanden.dk/hvad-gaelder/markedsfoe...
English
>If an item, for example, has cost DKK 1,000 throughout the year, and it is set up to DKK 1,500 for 6 weeks and then comes on “sale” for DKK 1,000 again, this is misleading, which is illegal.
obviously you can do stuff like set the price up for a longer period to escape being illegal but then you probably have a bunch of stock sitting around that doesn't move.
although as a general rule when I see black friday deals in Denmark I am not too thrilled at the savings, maybe because they tend to be realistic markdowns.
[0]:https://leveranciers.bol.com/en/need-help/legislation/legisl...
on edit: consumer rights of course covers more than this but going through the site can find cases where companies have been fined etc. for violations of rights - for example https://www.forbrugerombudsmanden.dk/nyheder/forbrugerombuds...
in this case company reported to police for illegal telephone sales.
https://www.google.com/search?q=raising+prices+increases+sal...
If you could demand the difference you "lost" by believing in their exaggerated discount the law would be useful.
I can't tell if I'm seeing in-country prices from retailers in Denmark, but the Samsung 'The Frame' TV 55" (QE55LS03A) seems to be available all over the planet. This morning at bestbuy.com it's listed at normally $1499US, for sale at $999US. We typically get a local sales tax added to that of ~7%, so just under $1100US out the door.
And if the brand did this - how would it actually work. They would be telling the brand pay use 2000 for half the year, and then coming to black friday they would tell the brand now you only need to pay us 1500? I'm not getting the angle here.
I'm currently in the market for a few big ticket household items, and the Black Friday hype is everywhere I look. When I try to compare prices for specific models, they are suspiciously identical everywhere, with a few outliers charging the higher RRP.
I would expect a retailer-led approach to have a bit more variation. Just a few quid here or there, where some might have a genuine "clearance" need, others lower general overheads/margins etc.
A typical thing is to make a special model just for the sales, which is the same as the normal model with maybe some small differences like firmware tweaks, different accessories, different stickers, etc... They put one or two samples in the corner of the shop at an inflated price, not intended for anyone to actually purchase, then when the sales come, they unload the truck and proudly show the new "discounted" price.
This way, they can justify that they had the product available for a long time, that it didn't sell, and they can officially make the discount.
They don't even have to keep stock except for the one sample. You can get a funny situation sometimes when someone actually wants to buy the sample at the sticker (inflated) price and the shop actively tries to discourage the customer from buying it despite the huge margin. That's because without the sample, they won't be able to justify the "discount" later.
In Europe, and I'm sure the US the items must be the same or of equivalent value. Also I believe the “full price” before discount must have been the offered price for a certain number of days in the recent past, but I can’t remember the details.
(It's not our first American cultural import either. Halloween has been a thing in the UK for as long as I've been alive, but my parents' generation didn't grow up with it.)
Scranton reminds me a lot of Nova Scotia or more specifically Cape Breton (part of Nova Scotia). Coal, steel, and trains plus the lay of the land too.
This sounds like pump&dump with extra steps.
I’m sure one day I’ll find out they make money in all sorts of sketchy ways, but in the mean time it’s a great free website, and I’m continually astounded to see how often retailers play around with the prices they post.
However the Amazon Affiliate TOS [0] say:
(y) Unless otherwise agreed by Amazon, your Site must not have price tracking and/or price alerting functionality.
I see many sites with this functionality. I don't know if they all got approved by Amazon or they are not enforcing this clause.
[0] https://affiliate-program.amazon.com/help/operating/policies...
I recall reading that the reason CamelCamelCamel is permitted is because they ONLY price track Amazon (vs tracking multiple retailers), but I can't recall where that came from.
e.g. for the Moderna Covid vaccine, PDF, see "Possible side effects": https://www.ema.europa.eu/en/documents/product-information/s...
(I looked up St John's Wort, but its assessment doesn't have this. Possible because it is from a long time ago.)
Happy for them to take a cut as a result
I remember reading price gouging from Amazon was revealed some months later. I wonder if they wanted to stop this being shown so blatantly.
The relevant point is that Black Friday is an "artificial" event here: we do not celebrate Thanksgiving Day so there is no need for a the stores to get rid of unsold inventory. It started just ~10 years ago when marketers began advertising it as a sales day.
[1] https://en.wikipedia.org/wiki/Aachener_Printen &
[2] https://en.wikipedia.org/wiki/Speculaas
long before Christmas.
It's so weird seeing the sortiment in supermarkets change to all sorts of foreign events. Not that I'd care much for the native ones, either.
Basically it's all just BUY! BUY! BUY! like in They Live from 1988.
Most companies have a fiscal year ending in December, so it’s mostly just about getting that last boost of sales before the end of the year.
That seems totally related to me…
Technically, it might be correct to say that anything not yet sold is “unsold inventory”, but that would have the same meaning and simply saying “inventory”, so adding “unsold” gives the additional implication that it’s unsold for a reason (i.e. it’s old stock, etc.)
https://www.seattletimes.com/nation-world/franklin-roosevelt...
“Public opinion split along political lines. A Gallup Poll showed Democrats favored the switch 52% to 48%, while Republicans opposed it 79% to 21%.”
I'm entirely uninvested in the US culture war, but it's good to see something on the positive side of the ledger.
The reference to being 'in the black' was invented afterwards to try and make the name seem more positive.
That day originally became a popular day to start Xmas shopping because a lot of people took that day off, since Thursday is a federal holiday, but the actual Thanksgiving festivities were over.
The "marketing/sells" guys decided that prices for products changing daily is something profitable, Keep a tab open to some product and refresh it daily, see how prices change and how you get tricked.
So for Black Friday they will increase the prices before the sales and then put a giant "25% off" label. They also can say advertise with some super deals like super cheap laptop but they might have only 1 device. So in Romania we have laws and big companies will be fined heavily and shamed for this evil tricks(not sure if this is an EU thing or only local).
Maybe you mean "fraud" is not the correct word and there is a better legal word that fits for this evil and illegal(on some regions) behavior.
We still use the first part from English, but the second is Fraud. Which is almost the same as the English word, but phonetically it is closer to how Brazilians say Black Friday.
It is almost the same, though. Black Fraud is a good enough approximation.
cyber monday (that extends to cyber week)
electro fest (?)
black friday as well
hot sale
the only opportunity there is not around discounts (they just increase the price a coupe of days in advance), and more on having 12/18 months payments/installements without or very low interest.
Also, something funny happened in between: as these sites are re-marking everything, sometimes "bugs" appear as they might miss a zero (we have a lot of them =), or something like that. If you're lucky you can get the product no questions asked, or you can make a claim and they compensate, or worst case they cancel it and you get your money back.
[edited to add line breaks]
Not sure how much these (marketing) laws are enforced, though. Some 10 years ago, when everyone and their sister tried their hand at drop-shipping, you'd get drowned by these "99% sale" ads, where people would try to sell AliExpress watches/jackets/etc. for $100-$200, with some ridiculous before price. ("Before: $5000 - Now: $100", etc.)
"These are genuine faux sapphire earrings.
14-carat gold, 86-carat faux sapphire.
Faux is French.
It's got an X in it, but you don't pronounce it.
How do you like that for prestigious?"
Sounds like the term has become a bit more general, going by the interpretation you've experienced.
Now it's no longer Black Friday, no... now we have Black Week and even Black November, filled with 10% off prices or deep discounts on old junk nobody wanted...
There's still a few really good deals, and there's a positive to concentrating the deals to one day: you're looking for deals. Doesn't help me that a thing was off even more a few months ago if I missed it then.
In the US, Black Friday is the busiest shopping day of the year so American retailers discounted on that day. As they went into other countries, they began offering sales on that day too. In the UK, Boxing Day was traditionally the busiest shopping day of the year but most shops close on this day now. Wikipedia tells me that Boxing Day used to be the busiest shopping day in Canada.
I think the reason the practice is spreading into the rest of the month is because of the higher level of competition online. One retailer does Black Friday, then another retailer tries to jump earlier, then another. In the UK, we have had companies trying weekly and monthly sales.
The sales aren't bad, I think some retailers (Amazon, particularly) don't offer great value...ironic given they started Black Friday here in the UK...but if you hunt about, you can usually find some decent deals.
Even weirder, is today a cosmetics company said that "Black Friday" (in english like that!) is a racist name and they are comitted to changing it.
Most people here don't even know what "Black" means. (or "Friday", for that matter).
The amount of USA culture "invading" our culture is really disturbing me. (alongside some other stuff like Coca-Cola in fur coat red santa, in the middle of our super hot summers, or people trying to plant conifer trees in sunny wetlands and then covering them with artificial snow, or the dish "Rosquinha", that got renamed "Donut" after Dunkin Donuts came here).
EDIT: remembered that some years ago the government made illegal for stores to write only in english on their storefronts, after there was a huge mania for writing "xxx% off on randomproduct" and this was causing confusion among consumers that had no idea what that means.
Don't know what to make of it. Wouldn't want to have colored powders having thrown at me.
How about drinking cannabis infused milkshakes instead? https://en.wikipedia.org/wiki/Bhang
When I was in elementary school we started celebrating Christmas and imported Santa, thus creating three, 3!, winter men who bring gifts (the catholic Saint Nick, the american Santa, the communist Grandpa Frost).
Then some time in high school Halloween became a thing. Even overtaking Nov 1st as the day of the dead because it’s a party and day of the dead is sad, lame, and for old people.
Towards the end of college, black friday started to become a thing.
Sometimes I wonder if college kids aregoing to start having July 4th parties …
Today, it is a giant global corporate-driven monoculture. US has influx of many other cultures too (Sushi restaurants were hardly a thing in the 90's and Yoga).
To be honest, the world has gotten worse with globalisation and I don't mean that in the slightest political sense. Purely from cutural standpoint, the internet has sort of ruined isolated pockets of culture that thrive independently. In 2050, it will just be a giant same-everywhere Earth culture that will suck, even more so than today.
Saúde!
The news are also good at pointing out if some big company does something shady, I guess they have journalists trawling stores right now trying to uncover fake deals. Most big box stores have this year already lost a lot of goodwill after news after news broke about how they would try to force employees to not unionize.
Most stores have been indexed by prisjakt.no for quite a few years. So all price history is there, making it easy to see if it's a real offer or not.
Especially when we would replace labels of an item that cost $99 to say that it cost $139 and was now on sale for $99.
Luckily I haven't had to work in retail since...
In many places, it _is_ fraud (well, illegal but still). In the UK, the higher price must have been offered for 28 days out of the last 6 months.
[0] https://www.legislation.gov.uk/uksi/2005/2705/schedules/made
Source: https://marketinglaw.osborneclarke.com/advertising-regulatio...
Over the last 5 years or so Black Friday sales have become a thing and I always suffer some degree of dissidence at the naming, as for me at least Black Friday has always had a negative connotation.
I think you mean dissonance
The more you focus on the deal, the less you focus on whether or not you really want what you're buying.
Edit: autocorrect miss
Once retailer recognized how lucrative it was and started making special SKUs for Black Friday of cheaper products was when I realized the Black Friday I loved was dead and stopped going out.
Can anyone relate?
However, now if I try to do the same, it comes out to $306 after taxes for Black Friday sales....
https://www.dell.com/en-ca/shop/dell-27-monitor-s2721ds/apd/...
It's an excellent monitor btw, just wait for the price to go down a bit again.
There is a tool (in Switzerland) I use a lot. TopPreise (http://toppreise.ch) scrapes, aggregates and compares prices from retailers but also keeps a graph of the price evolution over time. You can see the highest and lowest prices over the recent period and it's very useful to know if what you're actually buying is a "deal" or not.
One of the largest retailers in Switzerland - Galaxus https://www.galaxus.ch/en/ - has also adopted a similar strategy for their own products. Showing 3 months of how the price has changed.
In Germany, https://www.billiger.de/ https://www.idealo.de/ and https://geizhals.de/ are just three of the many sites that aggregate prices.
I know Idealo has a price history that goes back one year. The unfortunate parts: they only list price history for new items, and incorrectly listed discounts (refurb instead of new, different model/color, etc.) stay in a product's price history, so there are sometimes price valleys that should not exist.
It would be nice if you could see (on the price history chart) which site/seller had the lowest historical price, since there's more credibility in a listing from Media Markt (probably the largest electronics chain in DE) than from Ebay.
The trick used it to have a shop in the middle of nowhere (for example, north Scotland) which rotates products on the shop floor. This shop operates purely at a loss except for some desperate customers who will pay through the nose for a product due to convenience.
A mattress would be for sale at GBP 999 for 60 days there, and promoted as a discount at GBP 499 in _every other store_ they own. They make profit on selling 50x products at the discount vs. a single product at original price.
What is it with bedding companies and criminal miss representation of prices?
It's always SALE! SALE! SALE! Everything must go! %! %! %! or something similar.
The same was true for carpets for a time, but they seem to have fallen out of fashion, at least I don't see it that often anymore.
But this is a general thing in every downtown or shopping centre across all sectors. And similar for groceries. I enter all of these with one big default deny and fuck off mentality switched on.
What is illegal in many places is to increase the price for a very short period in order to then advertise an item as "on sale" with advertised discount based on inflated price, which is exactly what happened in the case you've linked to.
So advertising "was 739 now only 699" may be illegal, but listing at 739 the day before Black Friday then at 699 on Black Friday is not.
Double check prices before buying anything else today and tomorrow
I have to be careful, though — only buying things with a verifiable price history, which typically means name brands. Otherwise it’s too easy to be fooled by fake ‘normal’ prices.
I use dealnews.com to keep tabs on most things I’m interested in; otherwise I use camelcamelcamel for spur-of-the-moment purchases.
The retailers don't have to discount everything on the floor, they just need the traffic. Once in, some items could still be purchased as valued, the discounts on some items help pull the people in. And sure, the mood and expectation helps.
It is a balancing act, but marketing does not equal cheating, some [lot] manipulation there is, of course. And the crowds are willing too, now demand discounts on anything of value!
This is contrary to all of my experience with the sort of people for whom shopping is a hobby or who get excited about black friday. They all love to "save 50%" on some junk that was marked up 200% and will end up in the thrift store before the year is out.
https://www.digitec.ch/en/s1/product/sony-wh-1000xm4-anc-hea...
Edit: a price/GB would be nice aswell
Site creator has contact info in bottom left.
Been interesting watching it mutate from merely the day customers start buying gifts en masse in earnest, to a real discount & deals day, to a jack-and-drop fakeout.
It's a day for retailers, not for consumers. It's a celebration of retailers and marketeers making profit.
I celebrate it every year in my own personal way.
I am giving a 33% off of my book Deployment from Scratch[0] with discount code "blackfriday". The discount is bigger than even the one on launching and most of the copies are sold for full price.
I agree that other sellers should be more honest... the problem is that some people (inc. my parents) just love discounts so much and are completely blindsided...
No affiliation just a fan thats drooling.
Especially from customer perspective they have to be. The difference is finally the price for a bundle of valuable services.
Boosting egos by making them think they're are smarter than they really are.
Entertainment.Price hunting as a game. Without a gaming console! See, they even saved you money on this!
Shopping as a social experience. Everybody does it, and so do you. You want to belong, don't ya?
Boast about it. Your social environment will celebrate you. Except the odd bastard, that spoils the mood, of course.
And since evereybody wants the candy now, the prices must be higher now. Higher demand, higher prices.
They just look lower, because that is what you're buying.
The look.
They look good to let you let you look good.