Black Friday has come to signify the biggest shopping day of the year. It is a boon to retailers as it brings out massive shoppers and produces exceptional profits for those participating in it.
Black Friday has it beginning in Philadelphia in the early 60s. The term was first used by Philadelphia police officers to portray the interruption occasioned by the heavy pedestrian and vehicular traffic in its downtown shopping district on a Friday, the day after Thanksgiving. It was not long before people started using the term widely. However, why is it known as Black Friday?
By 1975, Black Friday began spreading rapidly to many other locations and came to focus its application more on the abundant sales preceding the holiday shopping season. In those days, it was not intended as one of endearment but rather a troublesome day that kept the Police Department, bus drivers and merchants alike on their feet. In time, the term and tradition became so ingrained in the customs of the shoppers and sellers alike.
Ever since the 70s, Black Friday has become a day of huge discounts. On this day, one could get better prices on many products than one could ever find in the rest of the year. Every year, many sellers offered incredible bargains and discounts. For some shops, this has caused long queue and chaos atmosphere inside, right from the time the store doors get opened.
The day has also been known to be a dangerous day to go shopping. Some diehard shoppers often plan months in advance for their shopping ventures while most people plan on how to avoid going to the store on that day. But, these people still get caught up in getting that good deal and finding the best savings because everyone else is doing it.
What Is The Future of Black Friday?
Today, decades since the term was first coined, it is still going strong and will most likely keep going strong in the years to come. This annual observation of Black Friday is being practiced in many countries of the world.
With the emergence of online shopping, which somehow helps avoid the crowds – not to mention the usual danger that sometimes attend the ever aggressive shoppers – frontline online marketplaces like Amazon and eBay in the United States, and AliExpress in China as well as some online retail giants have seen their holiday revenues double during this period.
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