Blog #515 Black Friday

Coaching for Life Success:  Black Friday thoughts

https://www.thebalance.com/what-is-black-friday-3305710

The article states:

Black Friday is November 23, 2018, 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 (December 10th this year) 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 will not be partaking in Black Friday this year.  On November 23, 2018, I/we will be in Amsterdam (so, yes, I am writing this in advance).  I/we will have seen the Van Gogh Museum and enjoying the last day before we start up the Rhine River until November 30th when we fly home.

Enjoy your shopping – I will be enjoying my trip!!!

Bruce

 

Posted by Bruce White

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