Coaching for Life
Success: Black Friday thoughts
The article states:
“Black Friday is November 29, 2019,
the day after Thanksgiving. It's traditionally the busiest shopping day of the
year because it kicks off the holiday season. This season is crucial for the
economy because around 30 percent of annual retail sales occur between Black
Friday and Christmas. For some retailers, such as jewelers, it's even higher,
at almost 40 percent.”
With the law of averages would suggest that any one
month should be about 8.33% of the year (or 1/12th as a fraction). So the
month between Thanksgiving and Christmas amounting to 30% of the annual retail
sales is a big deal for retailers!!
And it isn’t just “Black Friday”, but Cyber Monday,
Green Monday, and even Cyber Monday #2!!!
Cyber Monday has changed some from the early days of
Cyber Monday. It then was when a worker returned to work (and high-speed
internet) from the Thanksgiving Weekend. With dial-up internet (like AOL
- American OnLine) things were slow. So,
as people went to work and had higher speed internet, they bought things online
- so “Cyber Monday”. As our society has moved to high-speed internet at
home and at work, this has tapered off some.
Green Monday is the last day to shop and mail presents
in order for them to reach the recipient by December 25th. It also
couples with Cyber Monday #2 as people can order things online to be delivered
by Christmas.
I am not sure if I will partake in Black Friday this
year. I don’t really need anything - it is just ‘stuff’. I will want to buy presents for my
grandchildren, but I will ask my children what my grandchildren want.
Giving gifts that are not appreciated (like the time I gave my sister towels)
isn’t a good plan.
So, what about you? Any super discounts, ‘door
busters’, or things that will prompt you to get up at 4:00 to get to the stores
opening at 5:00?
Hugs!!
Karen
Enjoy your shopping - I will be enjoying my trip!!!
Bruce
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