Growing
up, I always looked forward to shopping on Black Friday. My family and I would
wake up early, sometimes with only a few hours of sleep from the Thanksgiving
night before, and drive to the mall or outlets to be one of the firsts to get
in line for the big deals that only happen once a year. We’d be done shopping, returning
to the car with bags in both hands and packing the trunk with everything we had.
With
online shopping on the rise, there has been a decline in in-store shopping. Consumers
noticed that they were able to find better deals online than what they saw in-store,
plus the convenience of not needing to leave their homes and having items
shipped to their door. But this depends on the way a consumer likes to go about
shopping and what they’re shopping for.
Black
Friday deals have also raised the bar by extending sale dates from a single
one-day-only to a Black Friday weekend until Cyber Monday. This lowers the
expectation of a high volume of shoppers on Friday because of how widespread
the sales are.
As
inflation constantly rises, these deals don’t look as worth it as they used to.
The cost of living in America is extremely high; families are struggling to stay
afloat. Therefore, a sale of anything under 50% is not considered a true deal
anymore. People would much rather save for living expenses than items they don’t
mind waiting on comfortably affording.
Consumers
are becoming a lot more conscious of the buys they invest in, as they should.
This year did not seem worth it. "Sales" were advertised for way too long for only 20% off.
ReplyDeleteI agree, and businesses don't put big sales on anymore--no more 90% off flat screens. Consumerism still is rampant with online buying, too, especially for the holiday season on Amazon.
ReplyDeleteI was so disappointed in the sales this year. I did not even see great deals online, but I prefer in-person shopping over online so I might not be savvy enough to find the best deals.
ReplyDeleteI agree with everything said. The energy of black Friday is very different than a decade ago. I feel that businesses think consumers will make purchase regardless of the value assessment we make on deals.
ReplyDelete