Why is Black Friday Sale Held and How It Started?

The Black Friday is one such occasion for which most of the online shoppers and more specifically the budget savvy buyers have their eyes looked upon. The reason is simply that of the incredibly cheap deals available on the outlets and websites on that day. One could find even the best of international brands in cost as much low as the local products. The budget goes out of the window and it provides a sure shot opportunity for anyone to buy everything that one can possibly purchase.

Back in the days when online shopping was not prominent, the Black Friday Deals were just limited to a few countries only of which America and England being the two major ones. People would go and form queues that stretched miles from the popular retail stores. But ever since online shopping entered the mainstream, this phenomenon escaped every threshold and grew into a global sensation. Today, it is one of the most awaited shopping fests in Thailand too as it is in more than 100 other countries. You have a great chance to shop till you drop on this Black Friday Sale as you can double up on your saving by using ส่วนลด Aliexpress while purchasing the products already on cheap price, so you can easily assume how it would be going to be like.

How the Black Friday Originated?

It is a really interesting story, to be honest. The use of the term Black Friday is started with a real commercial downpour in which many of the riches turned into rags in a span of 24 hours. This incident happened in the United States of America around a century and a half earlier in the ending years of the 1860’s. There were two big gold investors in the states who were trying to corner the entire Gold of the country by hoarding huge amounts of gold. This created an exponential surge in the prices of gold and the prices went about 8 times higher within a matter of few weeks only.

This caught the administration’s eye and they were feeling the pressure from the economists and financial institutions as this was raising serious concerns for the American Economy. The government came up with a solution to bring the prices of Gold back to the normal for which they sold a whopping four hundred million dollars of Gold all at an instant. The release of this huge amount of Gold in one go resulted into a price crash and the prices of Gold which had hiked to almost 10 times by that time plunged to prices even lower than what they were before this hoarders started their game of Blacking out the Gold from Market. The instant price crash resulted in a serious loss for those Gold Investors and they went bankrupt in a matter of 24 hours. The market crashed and the prices of several other commodities also crashed by the impact of this sudden downpour of Gold prices. It was a Friday and given the name Black Friday.

The Idea Behind Black Friday Sale!

But the story behind the first ever use of the term ‘Black Friday’ is not at all relevant in the present context. It just tells you how the day came into existence. To be honest, Black Friday stands for a really positive connotation in today’s times. This day was later being held as the day which the retail shops and shopping outlets used for clearance of their stocks so that they would not have to keep their unsold stocks which usually ended up as a loss to their business. So the shopping stores started to empty their shops by offering seriously low prices as they can to sell out all their remaining goods of the year before the Christmas and ensure only fresh stocks. This inevitably becomes a blessing for the consumers who flock in big numbers to buy their favorite products at the cheapest prices on the black Friday sale.

The Influence of Black Friday Sale…

The importance of Black Friday is for both the customers and the store owners. While the customer gets the goods at the unbelievable discounts, the business person ensures to gain as much as possible from the invested products remaining in his store. The Black Friday sale works because people usually tend to do shopping in the festive month before Christmas. The sale gives them ample reasons to shop and they come out in huge numbers. The Black Friday 2017 was the biggest day of market in terms of sales and business revenue created within 24 hours and there is no reason why it should not get even bigger this year.

You can understand the craze of Black Friday by reading about several incidences of fights between the customers for grabbing the last remaining product. Although it is just possible on the retail shops, not online shopping stores which give you an ultimate respite from the rush of queues as the tiring crowd running all over the places looking to grab as much as possible. Thankfully, you cannot just leverage the black Friday deals but also get the benefit of the ส่วนลด Shopat24 to avail additional benefits exclusively meant for online shoppers.