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Black Friday shopping and spending statistics - Bemorepanda

3 months ago
black-friday-shopping-and-spending-statistics-bemorepanda

The more attractive the discounts, the better known the store becomes. And some interesting statistics will be presented in this article by Bemorepanda. This year Black Friday will take place on November 20, and in the weekend following this Friday.

 

However, some participating stores choose to offer discounts from November 16 to 22. Others will offer various promotions and discounts between November 23 and 29, as has happened in previous years.

 

 

Black Friday comes from the United States of America (USA) and designates the day that starts the winter shopping season. For them, every year Black Friday takes place on the Friday immediately following Thanksgiving.

 

The term Black Friday first appeared in Philadelphia and meant heavy traffic jams on Friday, after Thanksgiving. The modern interpretation of this term is more positive - it is associated with the idiom "in black" (ie "positive balance", as opposed to "in red"), which means that many sellers "will be growing" in this day.

 

Let's see some impressive statistics reffering to Black Friday:

 

Black Friday shopping and spending

  • Despite Cyber Monday and other major shopping holidays around the Thanksgiving weekend, Black Friday reigns as the most popular day to shop: 61% of Thanksgiving Week shoppers said they planned to shop on Black Friday 2019 (Source: BlackFriday.com).
  • In 2019, Thanksgiving weekend (Turkey Day through Cyber Monday) drew 189.6 million U.S. shoppers. That was up 14%, from 165.8 million shoppers in 2018. It's also up from 174.6 million in 2017. (Source: NRF)
  • In 2019, from Thanksgiving to Cyber Monday, shoppers spent an average of $361.90 on holiday items. That was up from 16% from $313.29 in 2018, up from $335.47 in 2017 and up from $289.19 in 2016. (Source: NRF)
  • Black Friday 2019 (Thanksgiving plus Black Friday) raked in $11.9 billion in online sales. That's $7.5 billion spent on Black Friday and $4.4 billion spent on Thanksgiving. That's a 20.2% increase over 2108. (Source: Adobe Analytics)
  • Black Friday 2018 (Thanksgiving Day plus Black Friday) raked in $9.9 billion in online sales. That's $6.2 billion spent on Black Friday and $3.7 billion spent on Thanksgiving. That's a 19.7% increase over 2017 (Source: Adobe Analytics)
  • Black Friday 2017 (Thanksgiving Day plus Black Friday) raked in $7.9 billion in online sales. That’s $5.03 billion spent on Black Friday and $2.87 billion spent on Thanksgiving. This spending level is up 17.9% from 2016. (Source: Adobe Analytics)

 

 

Top Black Friday products

  • In 2019, the top-selling toys were "Frozen 2" toys, L.O.L. Suprise toys and Paw Patrol toys (source: Adobe Analytics)
  • The top products bought on Amazon on Black Friday 2019 were the Fire TV STick 4K, Echo Dot (3rd Gen.), Apple AirPods and the Echo Show 5. (Source: BlackFriday.com and Hitwise)
  • Heading into Black Friday 2019, consumers said they were looking for deals on the following: Clothing (41%); home goods/small appliances (38%); tablets/laptops/PCs/TVs (32%); smart home gadgets & tech (30%); toys (25%); travel or experiences (12%).
  • Heading into Black Friday 2018, consumers said they were looking for deals on the following: Clothing (23%); tech (22%); toys (18%); smart-home gadgets (16%); gift cards (12%); and travel (9%). (Source: BlackFriday.com)

 

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The content available on the Bemorepanda.com website can be copied and republished in the limit of 200 characters and in the limit of 10 pictures and must include the URL of the article. It is forbidden to completely copy the material and place it anywhere else without indicating the link and the full name of the page.

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why-did-black-friday-become-so-popular-history-of-black-friday-by-bemorepanda

Friday is the day with the biggest promotional offers this year. A unique chance that both customers and traders take advantage of because it is one of the most profitable days of the year.

 

"Black Friday" is a day that most people see as the beginning of shopping for the winter holidays. Black Friday is not, however, a holiday in itself, even if it is celebrated every year on the Friday after Thanksgiving. Let's see together with Bemorepanda some important facts of Black Friday.

 

When did the term Black Friday appear?

 

The term "Black Friday" appeared in the 60's, designating the debut day of shopping for the celebration of winter holidays. The adjective "black" refers to stores, which in this period went from "red" to "black", in the accounting organization, performed manually. In this process, the accountants marked in red the losses that the stores had, and in black the recorded profits. The beginning of winter shopping has been marked by this day since 1924, when the Thanksgiving Day parade, organized by the Macy’s chain of stores, took place on the Friday after Thanksgiving.

 

Why is it Friday and it's black?

 

"Black Day" is usually a day with negative connotations, such as a tsunami, a volcanic eruption or another catastrophe that occurs on a certain day and leads to many loss of life, such a day is remembered as "a black day in history." In a less catastrophic way, the name "black day" was also given to negative economic events that caused panic in the financial markets.

 

For example: Friday, September 24, 1969: The financial scandal caused by speculators Gould and Fisk on the American gold market caused a crisis with a wider impact, including on political life;

The Eyemouth Disaster struck on Friday, October 14, 1881, when a storm killed 179 Scottish fishermen in Eyemouth. The inhabitants of this settlement called the day "Black Friday";

On Friday, January 13, 1939, a devastating fire broke out in Victoria, Australia, killing 71 people;

On Friday, September 8, 1978, a real massacre took place in the Iranian capital, Tehran, surrounded by political unrest that eventually led to a change in the political regime.

 

Another superstition that brings to the fore Friday: the one about Friday, 13. There is no clear evidence of the date of this superstition or its origin, but Dan Brown assures us, in the Da Vinci Code, that everything has started from the Templars. The author claims that the French king Philip the Fair ordered the arrest of the Knights Templar and the abolition of this order on a Friday, October 13, 1307.

 

Why is it Friday?

 

In the United States, Thanksgiving (an autumn holiday that takes place after the harvest, like many other holidays around the world) is celebrated on the last Thursday in November. The Friday following Thanksgiving was a day off (non-working day), and workers had access to low-interest loans; In addition, retailers were subject to price reductions - all of these factors led to high sales volumes on that Friday for several decades.

 

Why is it black?

 

The explanation is that a lot of people went shopping that day, which caused congestion, traffic accidents and even violence. Another assumption is that it arose from an event in the 1960s in the American city of Philadelphia, when a lot of motorcyclists, but also pedestrians, got into an altercation with the police. That's how that day came to be called Black Friday.

 

From "negative" to "positive"

Today the meaning of this day has changed. It is currently a day that marks the beginning of the discount season. Now it no longer has a negative connotation, but a positive one for both sellers and customers, being considered a day of shopping.

 

The custom of making significant price reductions on this day is now widespread in many countries. Over time, traders realized that they could use this holiday to increase their profits. Thus, they began to grant substantial discounts to customers who cross their threshold, lowering prices even more than in the last days before Christmas.

 

Black Friday generally begins in the early hours of the morning, when the shops become real temples for customers who wait in front of them for even a few hours. Many of the companies invite people to cross their threshold, announcing their loyal customers even a few weeks before Black Friday.

 

For some time now, Black Friday has been taking place, more and more often, in the virtual domain. Those who want to take advantage of discounts order from the internet, so that they no longer have to wait in front of stores. In order to meet the needs of customers, large stores organize their activity in advance on websites and social networks.

 

Copyright © 2020 Bemorepanda Limited. All Rights Reserved.

The content available on the Bemorepanda.com website can be copied and republished in the limit of 200 characters and in the limit of 10 pictures and must include the URL of the article. It is forbidden to completely copy the material and place it anywhere else without indicating the link and the full name of the page.

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20-times-when-people-failed-with-their-purchases-on-the-internet-and-they-no-longer-want-to-buy-online

Shopping online is fun, easy and honestly addictive. Being a click away from the things of your dreams is, of course, cool, but before buying it is worth reminding yourself once again that you need to read descriptions and reviews in order not to end up with something strange. People from our article completely forgot about this rule and got burned on online shopping.

 


1. "Thank you, now I hate wolves"



2. "I ordered the wrapping paper online and it was a mistake"


 

3. "Be sure to check the size when buying anything online."


 

4. "I ordered this cutting board and waited 6 months for it."


 

5. "Do you think the groom will run away from me at the altar if I wear this dress?"


 


6. "I knew that my cat was a big boy and therefore I ordered the largest size for him."


 


7. "The air freshener that is sold on Facebook. This is a scam."


 


8. "I ordered this figurine online. It was supposed to be a cute Bulbasaur. Let's just admit I didn't get what I ordered ..."


 

9. "I ordered my boyfriend socks with his photo, but on the left toe is a man we don't know."


 

10. "I ordered a canvas for the wall, and I received a rag that can be worn, perhaps, in the form of a bandana."


 


11. "I ordered wet wipes online. Are you kidding me ?!"


 


12. "I was looking forward to the Chloe toy from The Secret Life of Pets, and such a bummer!"



13. "Can anyone tell me where I can shrink my head?"


 


14. "You probably think that I just chose the wrong size. But the size is okay."


 


15. "I will never order things online again"

 


16. "The dress for pregnant women turned out to be some kind of absurdity"


 


17. "Do they really think showerheads and wireless headphones are the same thing?"


 


18. "I thought it couldn't be easier than not messing with a silicone mask ..."



19. "Great prom dress. Very modest and conservative."


 


20. "Amazon, I hate you"

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third-stimulus-check-worth-1400-has-sparked-a-new-wave-of-memes-on-social-media-best-30-funny-jokes-and-tweets

US President-elect Joe Biden, Democrat, who takes office on January 20, has unveiled a plan to stimulate the economy amid a nearly $ 1.9 trillion pandemic, Reuters reported.


Biden proposed spending about $ 1 trillion in direct aid to households, $ 440 billion in helping small businesses hardest hit by the pandemic, and $ 415 billion in pandemic control and vaccinations.


Joe Biden believes that US residents need to be paid $ 1,400 in addition to the $ 600 previously approved in the US Congress. He also proposed increasing the amount of supplementary unemployment insurance from $ 300 to $ 400 per week. This generated a lot of memes, Bemorepanda collected them all.


1.Good budget


2.I’ll look with you


3.Check the money


4.Me to Congress


5.Stimulus payment


6.US government


7.Me with my new gun


8.Stimulus check


9.Landlords


10.That’s the stimulus check


11.Covid stimulus check


12.2% back


13.Computer screen


14.Stimulus poem


15.This poem too


16.Gun money


17.Essential only


18.A gun


19.Waiting for stimulus check


20.Financial recovery


21.Deposited stimulus


22.Hiting bank account


23.Now for 2021


24.Republicans


25.600 dollars


26.A tiger


27.Before and after


28.Not yet


29.This face


30.Reasons to live



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