4:44 PM 22nd November 2020
Black Friday 2020 Is Not Cancelled!
Why all the fuss surrounding Black Friday which is supposed to be the biggest shopping day of the year and is nearly upon us?
Like everything else in 2020 with the coronavirus pandemic wrecking havoc, Black Friday will look different and shoppers will not be turning out in their hundreds this weekend in search of a bargain. Instead they will be shopping online. More people are likely to be shopping online than ever and the mad rush to the shops will be a thing of the past.
When is Black Friday 2020?
Black Friday falls on 27 November 2020 which is the day following Thanksgiving in the US. Shops will be competing to bring us the best deals and this year the shops seemed to have started earlier than usual in an attempt to entice us with their bargains
Black Friday UK statistics
In 2019 in the UK it is estimated that shoppers spent £5.5 billion between Black Friday and Cyber Monday, whilst in 2020 this is estimated to increase to £6 billion.
This overall UK spend over the weekend works out to be an average of £129 per person.
It's estimated that £10bn could be spent in the UK over the Black Friday period, £2.5bn in a single day.
The History of Black Friday
Black Friday is the name for the day following Thanksgiving Day in the United States, which is the fourth Thursday of November.
The Friday after Thanksgiving in the States has often been an unofficial holiday and so people would go out shopping. The shops made the decision to reduce prices so letting people commence their Christmas shopping early.
The term 'Black Friday' did not become widely recognised or used until the 1980s or later in some regions.
In fact, since 2005, Black Friday has been the busiest shopping day of the year. With retailers extending their hours and deals every year, the crowds and chaos show no signs of decreasing.
UK shops have now joined in the trend. Between 2010 and 2013, Black Friday gradually built up momentum in the UK.
Ever since 2015 increasing numbers of retailers launched sales in the days leading up to Black Friday, thus extending the sales period further.
When is Cyber Monday 2020?
Cyber Monday is on 30 November. It is a marketing term for the Monday following Black Friday to continue the bargain-hunting frenzy.
It started in 2005, when the National Retail Federation, an American trade association, noticed a spike in online sales on the Monday after Thanksgiving.
Know your rights and stay secure
One top tip is to look at the price and not the saving and only buy what you were going to buy anyway.
If an email sounds too good to be true then it possibly is. Don't just click the link - check the website address very carefully. Better go to the website address which you know.
Do take some care when out shopping, make sure you do your research and don't forget you can shop all weekend!
So love it or hate it, it seems Black Friday is here to stay!