Ah, the long-awaited Black Friday, the day when consumers’ hearts beat faster than the flash sale timer. After all, there is a low price up front!
With its obscure origins dating back to the end of the 20th century in the United States, Black Friday is the annual event that transforms physical and virtual stores into true arenas of controlled chaos, with irresistible discounts.
In fact, Black Friday is like a game of chess, where customers plan their strategic moves and retailers wait anxiously to shout “checkmate” their sales. Know more!
History of Black Friday
The history of Black Friday dates back to the 19th century, when the expression “Black Friday” was used to describe challenging events in the economy, such as the bankruptcy of Jay Gould and James Fisk in 1869, which seriously affected the United States gold market.
However, the Black Friday we know today had more recent origins, in the 1950s and 1960s, when retailers in Philadelphia began using the term to describe the day after the Thanksgiving holiday when stores closed. filled with buyers looking for deals.
The phenomenon soon spread across the country, becoming an annual shopping tradition that eventually spread beyond North American borders.
The most memorable moments in the history of Black Friday
Dark origins of Black Friday
The history of Black Friday dates back to obscure events at the end of the 20th century in the United States.
Initially associated with challenging economic events such as the bankruptcy of Jay Gould and James Fisk in 1869, the phrase “Black Friday” took on new meaning in the 1950s and 1960s when Philadelphia retailers adopted it to describe the day. after the Thanksgiving holiday.
Black Friday, in this context, marked the beginning of an annual tradition of shopping with tempting discounts.
Expansion beyond borders
With success in the United States, Black Friday quickly expanded beyond national borders and became a global event.
The discount day’s popularity has crossed cultural and geographic barriers, with other countries adopting Black Friday as an essential part of their shopping calendar.
The rise of globalization and e-commerce has further driven the expansion of Black Friday, allowing consumers from all over the world to participate in this festival of offers and promotions.
The emergence of Cyber Monday
One of the defining moments in the history of Black Friday was the emergence of Cyber Monday.
As a natural extension of Black Friday, Cyber Monday was created to promote online sales, offering consumers a second chance to take advantage of discounts and promotions after the weekend of frenzied shopping.
Cyber Monday further solidified Black Friday ‘s presence in the digital environment, transforming the post-Thanksgiving period into a true online discount party.
Accelerated competition between retailers
As Black Friday gained popularity, retailers began to compete fiercely with each other to attract customers with increasingly tempting discounts.
This scenario of fierce competition resulted in aggressive pricing and promotion strategies, with many retailers extending their offers throughout the month of November.
Black Friday has turned into an epic battle between commerce giants, with each trying to outdo the other to secure a larger share of the market and attract the attention of deal-hungry consumers.
Transforming Black Friday into a cultural event
In addition to its commercial significance, Black Friday has transformed into a cultural event that inspires a sense of anticipation and excitement among consumers.
Black Friday has established itself as an annual milestone that signals the official start of the holiday shopping season, with consumers meticulously planning their shopping lists and shopping strategies to secure the best deals.
This celebration of consumption also led to a reflection on the environmental and social impact of excessive consumerism, stimulating debates about sustainability and the act of consuming responsibly.
The story of Black Friday is a fascinating narrative that reflects the evolution of modern commerce and the intersection of culture, economics and technology.
From its humble beginnings to its transformation into a global phenomenon, Black Friday continues to evolve, challenging the boundaries of commerce and shaping consumer habits around the world.
Conclusion
Regarding the most memorable moments in the history of Black Friday, the impact of this event on the global commerce panorama is evident. From its humble beginnings to its expansion as a cultural and commercial phenomenon.
However, this celebration of consumption also raises important questions about the balance between the desire for irresistible offerings and the need for responsible consumption practices.
With Black Friday, it is essential that consumers and companies consider environmental and social impacts, promoting a balance between discount opportunities and ethical consumption awareness.
Frequently asked questions about Black Friday
Black Friday is a commemorative date of North American origin that always takes place on the last Friday of November.
In USA, the event has been gaining more and more popularity in recent years, and is a great opportunity for consumers to find products with significant discounts.
- What are the most accepted payment methods on Black Friday?
The most accepted forms of payment on Black Friday are credit cards, debit cards and bank slips. However, some stores may also accept other forms of payment, such as cash, gift cards and credit.
- How do you know if an offer is not misleading?
Before buying a product on Black Friday, it is important to research the price before and after the discount. This will help you know if the offer is really good or if the price of the product was already low before the event.
- What are the differences between Black Friday and Cyber Monday?
Black Friday is a commemorative date that takes place in physical and online stores. Cyber Monday is a commemorative date that takes place exclusively in online stores.