Friday, 28 November 2014

The so called Black Friday ‘bargains’

Are these so called Black Friday ‘bargains’ all they’re cracked up to be?

How come retailers are able to make such drastic reductions and not have to give the store away too?



The scam works in two primary ways. Firstly, retailers artificially inflate prices of goods in the months before Black Friday in order to make the subsequent discounts look good in comparison. Secondly, even if shoppers do manage to grab some genuine discounts, they will invariably buy another product that has a 98 per cent mark up value.

Hey, Shoppers: Black Friday Savings Are a Hoax

Despite the hype, despite the coupons, despite the “friends and family deals,” the profit margins of large retailers are actually higher during the holiday period. The idea that big stores are losing out in order to provide Americans with massively discounted goods is a complete hoax.

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