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90% of Black Friday deals were the same price or cheaper six months before

bbc.com

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Re: 90% of Black Friday deals were the same price or cheaper six months before

#31

Post by robbedpeter »

conqrr wrote: post #13

Have seen this on everty single TV deal on Amazon at camelcamelcamel price history. Doesn't look like a good to buy a TV

Best time to get a new TV is the week after the super bowl, get the tvs that were returned. I imagine the same applies to world cup and other sporting events that prompt people to buy a massive TV just to return it a few days later, after they show it off at the party.

Re: 90% of Black Friday deals were the same price or cheaper six months before

#33

Post by TrackerFF »

Norway, too. You can see that they start to ramp up the price slowly a month or two before. At least here, we have laws against bogus sales - you have to sell so and so many items for the "normal" price, or have them listed for a certain period, before you can put them on such sales.

Not sure how much these (marketing) laws are enforced, though. Some 10 years ago, when everyone and their sister tried their hand at drop-shipping, you'd get drowned by these "99% sale" ads, where people would try to sell AliExpress watches/jackets/etc. for $100-$200, with some ridiculous before price. ("Before: $5000 - Now: $100", etc.)

Re: 90% of Black Friday deals were the same price or cheaper six months before

#34

Post by loonster »

robbedpeter wrote: post #31
conqrr wrote: post #13

Have seen this on everty single TV deal on Amazon at camelcamelcamel price history. Doesn't look like a good to buy a TV

Best time to get a new TV is the week after the super bowl, get the tvs that were returned. I imagine the same applies to world cup and other sporting events that prompt people to buy a massive TV just to return it a few days later, after they show it off at the party.

IIRC, new TV models usually come out in late spring / early summer. So best time to buy should be around then.

Re: 90% of Black Friday deals were the same price or cheaper six months before

#35

Post by skinnymuch »

conqrr wrote: post #13

Have seen this on everty single TV deal on Amazon at camelcamelcamel price history. Doesn't look like a good to buy a TV

I haven’t looked for a TV in a long time. However Amazon frequently is not the cheapest place vs how things were a decade ago.

Re: 90% of Black Friday deals were the same price or cheaper six months before

#36

Post by MattGaiser »

tamaharbor wrote: post #27

I remember when Black Friday meant tremendous free-after-rebate deals… Among other things, I recall ‘purchasing’ a free inkjet color printer, a free PDA (personal digital assistant), and a free spool of 50 blank cds! Those were the days.

American Express cards have a bunch of those. Paired with Rakuten, I got paid $5 to buy 1password.

Re: 90% of Black Friday deals were the same price or cheaper six months before

#37

Post by Nasrudith »

gaius_baltar wrote: post #11

This have been a joke for a few years here in Brazil, we call the day "Black Fraud" (sounds a little better in Portuguese) The relevant point is that Black Friday is an "artificial" event here: we do not celebrate Thanksgiving Day so there is no need for a the stores to get rid of unsold inventory. It started just ~10 years ago when marketers began advertising it as a sales day.

There is a common function even without the holiday - a flushing of older inventories and potentially making their fourth quarter numbers look better.

Re: 90% of Black Friday deals were the same price or cheaper six months before

#38

Post by ericmay »

speeder wrote: post #22
magicalhippo wrote: post #18

Here in Norway we didn't have Black Friday until like a decade ago or so, when shops started introducing it. They even had to explain what it was all about in the ads. Now it's no longer Black Friday, no... now we have Black Week and even Black November, filled with 10% off prices or deep discounts on old junk nobody wanted... There's still a few really good deals, and there's a positive to concentrating the deals to…

Here in Brazil this year I saw a bunch of Black November. Yes, in english, in a country where people normally don't know english. Even weirder, is today a cosmetics company said that "Black Friday" (in english like that!) is a racist name and they are comitted to changing it. Most people here don't even know what "Black" means. (or "Friday", for that matter). The amount of USA culture "invading" our culture is really…

It’s alright. After Black Friday loses influence you can do singles day and buy stuff from Alibaba instead shrug

Re: 90% of Black Friday deals were the same price or cheaper six months before

#39

Post by maccard »

mumblemumble wrote: post #21
maccard wrote: post #5

Earlier quoted context omitted.

> It seemed like fraud and it made me feel icky doing it. In many places, it _is_ fraud (well, illegal but still). In the UK, the higher price must have been offered for 28 days out of the last 6 months.

I suppose you can just pick the slowest 15% of days, then. If a price was randomly jacked up on a Tuesday, but nobody was around to buy it, was it really raised?

My bad, I misquoted [0] - section 1.2.2 says 28 consecutive days!

[0] https://www.legislation.gov.uk/uksi/2005/2705/schedules/made

Re: 90% of Black Friday deals were the same price or cheaper six months before

#40

Post by readflaggedcomm »

magicalhippo wrote: post #18

Here in Norway we didn't have Black Friday until like a decade ago or so, when shops started introducing it. They even had to explain what it was all about in the ads. Now it's no longer Black Friday, no... now we have Black Week and even Black November, filled with 10% off prices or deep discounts on old junk nobody wanted... There's still a few really good deals, and there's a positive to concentrating the deals to…

That's sooner than I noticed it in America. Before that, it was long the start of the Christmas shopping season, which guaranteed prices would be higher, but selection was wider.
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