Annually, by the end of November, the media announce the arrival of “Black Friday” with big banners, which is supposed to offer major bargains to the good-faith buyers.
However, there are some facts that people should take into account, especially now with the extremely poor economic situation and the trade world’s pursuit of greater sales and greater profits.
The so-called “Black Friday” originated when shopkeepers decided to settle such a day as a bargain event. The real reason, however, is that it is their way of getting rid of “dead stock” or stock that they do not sell.
Although this is not always the case, such stock is often identified by the shopkeepers in time, and the price is increased with the reason that the goods are not sold at all.
On “Black Friday” the price is reduced radically, but the shopkeeper still makes good profit, and in the meanwhile he gets rid of a lot of things nobody actually wants to buy, but buy now because it is rather “cheap”.
The Vryburger spoke with a good businessman who recommended that the customers must not visit shops that supports Black Friday since the products that sold well throughout the year are marked down even more expensive to encourage the people to to buy the surplus products.
He says customers should visit the shops one day after “black Friday” because then the shopkeepers have lowered the dead stock still on the shelves.
However, he admonishes: Do not buy anything that is unnecessarily in the house – there is a wise saying that you should not buy what you need, buy buy something that you can’t live without.
Read the original article in Afrikaans on Die Vryburger
This report does not necessarily reflects the opinion of SA-news.