Black Friday Secrets:

Black Friday brings the best deals, which is loved by everyone but is always expensive

Firms change the prices of their goods on this day to attract customers. All the deals are very different as some firm’s offer better discounts than the other. Large retail chains can boost their net profit by a big margin and this can help the firm do better in the short term. Moreover with consumers being in a better debt position and with their disposable incomes being high the spending this time around will be even higher. Thus with around 140 million shoppers expected to go to black Friday the firms are going to earn high returns this year.

To add on, savvy deal seekers spend hours each year discovering which sites have the best deals listed, and what retailers (both online and storefront) that are willing to offer insane deals.  You’ll be surprised that you might have not heard of these sites.

All in all black Friday is a win win for both consumers and the firms.

 

http://www.cleveland.com/business/index.ssf/2013/11/black_friday_weekend_expected.html

 

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