The Black Friday Deal – Why It Matters and Where to Find It

The Black Friday Deal is a time-honored shopping tradition that kicks off the holiday season with a bang (mostly for your wallet). We’ve got all the details on how it started, why it matters and where you can find this year’s best deals.

Black Friday takes place the Friday after Thanksgiving (November 24th this year). It’s known for a frenzied and over-the-top shopping experience resulting in long lines, crowds and fevered shoppers fighting each other to get their hands on the latest must-have toy. The holiday weekend also includes Cyber Monday, which features discounts and extended credit terms.

Retailers offer significant discounts on big-ticket items like TVs, electronics and appliances to lure shoppers in with the hope that customers will buy more merchandise once inside the store. They often advertise limited amounts of doorbuster items to entice customers to come early and fight the crowds. These highly coveted deals are often advertised at prices 10 to 15 percent lower than their MSRP.

Consumers who share the Keynesian assumption that spending drives economic activity view a poor Black Friday sales performance as a warning sign of a slowing economy. However, it’s important to note that a poor Black Friday sales Kadence Black Friday Deal performance does not necessarily indicate a weakening economy. Instead, it may simply be a reflection of consumers’ shifting spending habits and the overall strength of the holiday season.

Regardless of what you’re looking for, it’s always best to plan ahead to ensure that you can nab the best Black Friday Deals 2023. Start by studying the ads and mapping out your shopping strategy. Then, consider using a card or mobile app that offers rewards or cash back on your purchases. This can help you to offset the cost of those expensive electronics and appliances.

It’s also a good idea to join your favorite retailer’s loyalty program. Many of these programs will alert loyal and VIP members to their Black Friday sales and other exclusive offers beforehand. This way, you’ll be able to get the products that you want before they sell out or run out of stock.