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Undeniably, Black Friday shopping event is one of the most popular among US Citizens. As a matter of fact, it is quite popular that other countries in Europe will also be conducting their own version of Black Friday. For one, both business owners and consumers are getting great deals. For the retail owners, they would be able to sell some stocks they had in their vault and get profits from it. On the other hand, the buyers will always have smiles on their faces after getting a mobile phone or a video console unit for half the price.
In the spirit of Thanksgiving, which happens a day before the shopping event, it reminds us that a business works in both ways. If you're curious to know why in the world did people coin the term "Black Friday" (among other words) to mark the biggest shopping day of the year, it is because this day is the turning point when most retail owners go from no sales (red marks on their financial statements) to huge profits (black marks on their FS).
This is the reason why several big retail stores (online and not) compete against each other in terms of advertisements, promotion and online presence. Some popular names you always hear are Walmart, Best Buy, Target, Sears, Kohl's, Macy's, Ace Hardware, Walgreens and hundred more. These big shopping stations are very aware how big the impact is of this day in terms of sales volume and profit. That is also part of the reason why you see online flyers and doorbuster ads being shown even several weeks before the shopping event. If you regularly browse the internet you'll never miss those ads.
For shoppers who are eager to take advantage of this shopping madness, it is important that you have a guide or itinerary of activities (before going to battle). Here are some of my top strategies before going in this year's Black Friday opening time:
1. Ads are important – these online flyers will give you the list of items each retail stores will be selling on Black Friday. Early flyers can be seen online from stores like Best Buy, Sears and Walmart etc. By doing so, you can compare items you like and plan on which store you will buy them. Do not ever go shopping without a list of items in your head. Expect heavy traffic and shoppers in this event.
2. Go Early – There are stores like Target which opens at 3am in the morning and are offering the so-called "Early bird deals". A wise shopper knows that these deals have larger discounts than regular Black Friday items. Also, since several people probably like to get the same deal you will have the advantage if you arrive at the store earlier.
3. Giftcards and coupon codes – Aside from early bird deals, store owners are offering extra price discounts in terms of giftcards and coupon codes. Online retail outlets offer these bonuses so do not forget to check them before heading out.
4. Do not go alone – besides the fact that it's pretty boring if you shop by yourself, it would be pretty labor intensive doing all the task by yourself. You can bring your relative, friends or next door neighbor – you can bring Fido too if you want. It is also advantageous in your part since you can check out the items in your cart immediately then let your partner to monitor them for you while you head out and hunt for more deals.
Common sense, in my opinion is the key to "surviving" and reaping the benefits of the coming Black Friday 2010 event. Use every resources you have an be prepared.
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Source by Jack Bonds
