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Black Friday

Last Updated : 24 Nov, 2023
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What is the Black Friday? Why is it called black Friday? Why is it considered the biggest shopping sale of the year? These were some of the most asked questions about the Black Friday. In case you also have similar queries in mind, this article has answers to all your questions. Here we are going to clear all the basic doubts about the “Black Friday” word and will also cover companies/platforms that offer hefty discounts on this day. Let’s dive in.

What is the Black Friday?

Black Friday is the sales weekend that comes after the United States Thanksgiving which marks the beginning of Christmas shopping. On this day, shopkeepers or retailers usually offer heavy discounts on products or services. They often open the stores early to attract more customers which is quite a common case in other types of sales as well. That’s why, the real reason behind this particular sale after Thanksgiving being called “Black Friday” remains a question, right? So, let’s find out the mystery behind it.

 

Why is the biggest sale called Black Friday?

Before we jump to the answer, let us ask you a question. Whenever you hear or read the word, Black Friday, doesn’t it sound like something negative event, and why not? Because black color usually denotes a negative or dark event. Before the early 1960s, this term did signify a negative day.

In 1869, investors, Jay Gould and Jim Fisk shook the market by driving up the gold price. Due to this, the stock market dropped by 20%, foreign trade got on hold, and farmers had to witness a massive drop in corn and wheat value. This market crash was denoted by the term ‘Black Friday’ but not for too long.

In the late 1950s and early 1960s, Philadelphia’s police officers started using this term to describe the chaos in the market due to a large number of tourists visiting the city for holiday shopping. However, the retailers did not like it due to the negative notion around this word.

So, to give it a good face, retailers then initiated to change the narrative by deciding that Black Friday is when they are supposed to be in ‘black’.

Being in black means to be in profit as per the financial phrase as red denotes the loss.

Now that you finally know how the year’s biggest sale got its name, let’s move on to another most searched question.

Check the ultimate Black Friday deals of 2023 on different softwares and services.

When do Black Friday deals start?

Black Friday sale starts on the last Friday of November, every year. This year it is going to start on 24 November 2023. Usually, it begins at midnight, so if you want to grab the crazy deal, shopping early can be a good move. But what if you couldn’t shop early? Till when can you enjoy this discount offer? Let’s read about it below

How long does the Black Friday Sale last?

The Black Friday Sale lasts for 24 hours but that’s not the case with all retailers.

Many platforms run Sales the whole weekend and sometimes the whole week. It is because not everyone follows the same pattern when it comes to ending this big shopping sale event. Moreover, some retailers even kick start early Black Friday deals on many products. So, you always have the chance to get amazing deals on your favorite products, in some way or the other.

Which companies or platforms offer discounts on the Black Friday Sale?

As we have already discussed everything about the Black Friday deals, now let’s come to the main topic: who all offers the Black Friday Sale? Here is the list of some of the platforms having Deals this year.

  • Amazon
  • Wallmart
  • Samsung
  • Hostinger
  • Boots
  • Currys
  • UPDF
  • Jessops
  • Simba

Curious about what Geeksforgeeks brings in this Black friday, check out this article for Exciting Deals from us.

However, there are more retailers, both online and offline that runs this sale on various products like electronics, appliance, software, tools, clothes, toys, fitness, technology, etc. Many of them have already started disclosing deals on their official websites. So, what are you waiting for? Quickly decide your budget and the products you want to buy and start shopping. Also, make sure that you are not overspending due to impulse shopping. Shop mindfully!


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