Whenever trying to purchase any item, some products may be too expensive to purchase. Then, people would utilize Black Friday Sales to purchase their wanted items for a decreased price.
Black Friday is an annual shopping event that takes place on the day following Thanksgiving in the United States. It is known for offering significant discounts and deals on a wide range of products, both online and in physical stores. Shoppers often line up early in the morning to take advantage of the best deals and limited-time offers.
During Black Friday sales, retailers offer discounts on various items, including electronics, clothing, appliances, and more. It has become a popular tradition for many people to kick off their holiday shopping during this time, as the discounts can be quite substantial.
Whether the customers are looking for a new TV, or any other tech products, Black Friday sales provide an excellent opportunity to save money and find great deals.
In this case, it may seem as if businesses would in fact lose money from the Black Fridays sale. However, that is not the case. Although the business may lose some money from discounted price, customers do not only purchase a single item. As they purchase other non-discounted items with the products that have been decreased in price, the business can actually make money.
Also, some items are intentionally priced unreasonably high, and a decrease in those product would not decrease the income of the business, but just decrease the marginal profit slightly. Ultimately, businesses do not lose money, and customers can enjoy shopping for a lower price.
