Black Friday Slowly Becoming 'Black November' With Earlier Deals
Cory Doyle | | Nov 14, 2014 04:08 PM EST |
(Photo : businessinsider) Black Friday is no longer the day to find the best holiday shopping prices and is turning into "Black November."
It's just two weeks away from Black Friday, the biggest shopping event in the U.S. But with deals becoming available online and released earlier every year, it seems Black Friday is turning into "Black November."
Black Friday used to be a strictly one-day event where eager consumers could be seen camping over Thanksgiving night anticipating retailers opening their doors early Friday morning. But each year major retailers competing with each other roll out early Black Friday deals weeks before the event.
Like Us on Facebook
"Black Friday is more of an idea than a single-day event anymore," says Calvin Silva, lead retail analyst at Nasdaq Advisory Services.
In fact, consumers won't even be able to find the best deals on Black Friday anymore, as a majority of retailers, including Wal-Mart, Target and Best Buy, will open their doors a day earlier on Thanksgiving with "doorbuster" deals and the best discounted products on Thursday.
According to a report by USA Today, online discounted prices now hit their lowest point on Thanksgiving, averaging a 24 percent discount on all products. Even the week before Thanksgiving has an average of 20 percent discounted products.
An analysis from Savings.com shows the most Black Friday deals are available from retailers a week before Thanksgiving, although the best prices depend on what consumers are looking for. The best day to buy deals on toys is reportedly the day before Thanksgiving, and the beginning of November is the best time for consumers looking for electronics.
Even online retailer Amazon began their Black Friday event starting Nov. 1, which will be continuing throughout the month offering two different "Deals of the Day" for consumers each day.
"Not everybody has the desire to go out on Black Friday because it's a zoo," a Gap customer says. "I feel like the retailers are making it easier to get the same kind of deals but not have to endure that."
TagsBlack Friday, shopping event, Black November, Holiday season, Amazon, Wal-Mart, Best Buy, online sales
©2015 Chinatopix All rights reserved. Do not reproduce without permission
- How Best Buy's Black Friday Doorbuster Prices Compares to Wal-Mart, Target
- Wal-Mart's Black Friday Doorbuster Deals include 50" 1080p HDTV for $218
- Target's Black Friday Doorbuster Deals Include 40" 1080p HDTV for $119
- China's 'Singles' Day' Shopping Event Generates $9.3 Billion in Sales Shattering Previous Records
- Chinese Singles Day Celebration Makes Black Friday and Cyber Monday Pale in Comparison
- Black Friday Fever Spreads to Europe; Great Deals in Store
EDITOR'S PICKS
-
Did the Trump administration just announce plans for a trade war with ‘hostile’ China and Russia?
-
US Senate passes Taiwan travel bill slammed by China
-
As Yan Sihong’s family grieves, here are other Chinese students who went missing abroad. Some have never been found
-
Beijing blasts Western critics who ‘smear China’ with the term sharp power
-
China Envoy Seeks to Defuse Tensions With U.S. as a Trade War Brews
-
Singapore's Deputy PM Provides Bitcoin Vote of Confidence Amid China's Blanket Bans
-
China warns investors over risks in overseas virtual currency trading
-
Chinese government most trustworthy: survey
-
Kashima Antlers On Course For Back-To-Back Titles
MOST POPULAR
LATEST NEWS
Zhou Yongkang: China's Former Security Chief Sentenced to Life in Prison
China's former Chief of the Ministry of Public Security, Zhou Yongkang, has been given a life sentence after he was found guilty of abusing his office, bribery and deliberately ... Full Article
TRENDING STORY
-
China Pork Prices Expected to Stabilize As The Supplies Recover
-
Elephone P9000 Smartphone is now on Sale on Amazon India
-
There's a Big Chance Cliffhangers Won't Still Be Resolved When Grey's Anatomy Season 13 Returns
-
Supreme Court Ruled on Samsung vs Apple Dispute for Patent Infringement
-
Microsoft Surface Pro 5 Rumors and Release Date: What is the Latest?