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The countdown to Black Friday 2020 has begun and many of our friends have started to prep their wallets so they can enjoy as much of the savings as possible.
However, we’re already seeing a few of our favourite brands kick off their Black Friday Deals early and we’re really liking what we see from these big boys!
One of the challenges people face during Black Friday is that they are besieged with a relentless barrage of deals, all equally as irresistible as another. How does one pick which product to go with?
How do we know if the deal we want to go for is truly the best?
The FOMO (Fear Of Missing Out) is real and we understand all too well how it feels to be overwhelmed like this.
This is why our team has been hard at work, curating the best Black Friday Deals out there that’s worth your attention. These curated deals are from the brands that we feel are at the top of their game and will bring value to all small businesses out there.
Do check them out in the links above to get access to the best Black Friday Deals of 2020.
Many of you will have undoubtedly heard of Black Friday, but most don’t actually know the meaning behind the term.
The term used to have negative connotations because it refers to the day after Thanksgiving when workers would call in sick, resulting in a 4-day workweek.
In 1975, the New York Times used the phrase to describe Black Friday as the “busiest shopping and traffic day of the year”. Since then, merchants and shopkeepers started using Black Friday in a positive manner, referring to the day of the year which brings them “out of the red, putting them in the black” – referring to the accounting term that used black ink to show positive amounts, and red ink to show deficits.
There’s been a fair bit of controversy behind Black Fridays throughout the years. Retailers that open for business at 9am started opening their doors at 6am during Black Friday to take advantage of the frenzied shoppers.
When the retailers realized that even at 6am, people were still lining up to go shopping, they decided to start opening at 5am, and since people just decided to stand in line earlier, the merchants started opening at 4am.
In 2011, probably in a move to outdo each other in a pissing contest, many popular merchants including the likes of Target, Kohls, Macy’s, Best Buy, and Bealls opened their doors for the first time at midnight, causing the crowd to go even wilder.
This went on and on until stores stated that they will start their sales as early as 5 pm on Thanksgiving day, obviously upsetting the people who had to work during the holiday.
There have even been cases of rioting, stampeding and people hurting each other during Black Friday. So far, there’s been 44 Black Friday related incidents which resulted in 11 deaths and 108 injuries.
The answer is simple – it’s all in the deals.
Black Friday is the only time in the year that retailers slash their prices super low in order to meet customer expectations, and people go nuts fighting each other just for a chance to purchase their favourite products at rock bottom prices.
Thankfully with the rise of e-Commerce, as many as 68% of shoppers will be shifting their shopping habits online for Black Friday, although that brings about its fair share of problems, like retailer’s websites not loading due to high traffic, and items being lost in the mail.
If you’re keen on getting the best deals on products for yourself, family and friends, you’ll want to know when Black Friday is.
It typically falls on the day after Thanksgiving. For this year 2020, Black Friday will be on November 27th 2020. Following that will be Cyber Monday on November 30th 2020, which is the first Monday after Thanksgiving.
Cyber Monday was created during 2005 in an effort to get more people to shop online. It’s typically on the first Monday after Thanksgiving.
It quickly became one of the biggest online shopping days of the year, rivalling Black Friday in terms of sales. As a matter of fact, in 2017 Cyber Monday shoppers spent a whopping $2.7 billion in online sales, absolutely dwarfing Black Friday sales which came in at 1.97 billion.
Adobe has even released their forecast which predicts an insanely high $143 billion in online sales for 2020.
Online sales from Black Friday usually last all the way till Cyber Monday, giving shoppers 3 glorious days of shopping for fantastic offers.
There are many advantages to shopping online, and that’s why shoppers are leaving brick and mortar stores for the convenience of the world wide web.
You can avoid other frenzied customers in the mall. Why fight with others when you can easily purchase items online?
You can also easily read reviews from other buyers so you’ll know if the item you’ve got your eye on is worth purchasing or not.
Trump’s trade war against the Chinese might be quite interesting for shoppers in 2020. Consumers will have to pay 15% more in taxes on $112 billion of imported Chinese consumer goods, such as TVs and high performing headphones.
What’s worse is that we’re expecting a second round of tariffs come Dec 15th, and anything that has Bluetooth integration will be taxed for an additional 15% more. We’re talking phones, controllers, consoles, laptops, headphones… if it’s electronic and comes from China, you’ll probably be paying more for it.
There’s no telling how Trump’s tariffs might affect retailers and shoppers come the biggest shopping season of the year right now, but we do know one thing – if you find something you like at a price you’re happy to pay, It’s best you get it NOW because come Dec 15th, you’re gonna get real unhappy about the prices.
We know that people enjoy savings (who doesn’t like a good deal?) and that’s the reason why people WANT to get their items, by hook or by crook come Cyber Monday, but there are certain drawbacks to shopping online which you’ll want to take note of to avoid disappointments.
If you’re looking for physical products, you can’t go wrong with Amazon. As THE largest online retailer in the United States, they’re bound to have deals that are irresistible.
For those of you small business owners looking for web hosting deals, cloud storage, vpn or even printers, things can get pretty overwhelming as all the companies start slashing their prices.
However, we’ve compiled a few lists of our favourite deals for each category for your convenience.