Even though Black Friday (the day after Thanksgiving) is still several weeks away, I’m already preparing for the biggest shopping day of the year! Many of the ads have already been leaked online (check out bfads.net and click on adscans on the top) and I’m already planning everything out. This has become a tradition for myself and my friends. We’ve been going for years now and this year is no different. It’s more about having fun with friends than it is about shopping for me.
For those of you who don’t know, Black Friday is the busiest shopping day of the year and it got its name because it was generally the start of the holiday season when retailers would go from “being in the red” to “being in the black”. In other words, it was the day that marked profits for retailers. Stores open extra early at 5, 6, or 7 am and have many great deals. Many people line up on Thanksgiving day from 6 pm or earlier to be first in line to get the best deals.
This is a great day to get some great deals but don’t go crazy. Just because it’s Black Friday, doesn’t mean that everything is on sale. Even the things in the ads aren’t really at a great price. I always check online to make sure it’s really a good deal. I’ve seen some people on Black Friday with carts full of stuff and they just add anything into the cart that looks good. In fact, the stuff in the aisles next to the line is usually the high margin stuff that’s not even on sale and that they make the most money on.
Remember that failing to plan is planning to fail.