What you Need To Know About Black Friday?

What is black friday?

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Start of Shopping Season

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Special Deals

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Cyber Monday

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Retail Promotions

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Global Influence

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Economic Indicator

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Importance to Retailers

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Criticism

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What you Need To Know About Black Friday?

Sale

What is black friday?

Black Friday refers to the day after the U.S. Thanksgiving holiday, celebrated on the fourth Thursday in November.

Start of Shopping Season

It is symbolically seen as the start of the critical holiday shopping season.

Special Deals

Stores typically advertise big discounts on electronics, toys, clothing, and other popular gifts.

Cyber Monday

The first day back to work for many consumers after the long holiday weekend, during which online retailers offer major discounts.

Retail Promotions

Retailers offer special promotions online and in-store on Black Friday.

Global Influence

Retailers all across the world, including those in India, have embraced the custom.

Economic Indicator

The sales figures from Black Friday are often considered a sign of the overall economic health of the country.

Importance to Retailers

Black Friday is regularly one of the busiest shopping days of the year in the United States. It sets the tone for the holiday season, which accounts for 20% of yearly sales in the retail industry.

Criticism

While shoppers eagerly anticipate Black Friday sales to start their Christmas shopping, some claim that the day encourages excessive consumption.