Tech News Black Friday Deals : Why Bigger Discounts may come Next Month

upnorth

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Shoppers hoping to clinch lucrative deals on holiday gifts may get lucky during Black Friday sales this season. But those who wait may get even luckier.

Companies, worried about a repeat of last year's shortages, built up rich stocks of clothes, toys and other supplies ahead of the holidays. Now they are knocking down prices, worried that they overestimated demand from buyers facing strains from the rising cost of living. Sales events have already been running for weeks - and analysts say the discounts could get deeper as Christmas Day approaches, and firms face pressure to get goods off their shelves. "What a world of difference," said Dana Telsey, chief executive of Telsey Advisory Group, a trading and consulting firm focused on the consumer sector. "Last year there was not enough inventory and everything was selling at full price. This year there's too much inventory and there's a magnitude of promotions that will continue to increase as we get closer to Christmas.

"It's great news for consumers - if they have the money to spend." Globally the mood heading into the holiday season is somewhat lacking in festive cheer.
To buy or not to buy

Black Friday was once infamous for its crush of crowds, but it has seen its hold on the shopping season loosen in recent years as online discounts are applied earlier and earlier. This year, many buyers have already made purchases, tempted by sales events that started as early as October. The National Retail Federation still expects the number of shoppers this weekend to exceed the peak seen two years ago. But the rise of early shopping raises the risk that buyer demand will drop off sharply in December, as the economy slows and rising prices for groceries and other essentials inhibit impulse purchasing.

If demand drops significantly, Mr Saunders said, even deeper discounts are likely to follow. Some retailers are already preparing for that possibility, with Target promising shoppers in October that the firm will refund the difference if it cuts the cost of an item closer to Christmas. "This is a much more cautious Black Friday," Mr Saunders said. "That's a very big change compared to last year certainly, when people were throwing caution to the wind and treating themselves and indulging."
 

Zero Knowledge

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Dec 2, 2016
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Totally agree with the article. BF sales have become disappointing. You still get the odd discount on software/hosting/vpn's but it's very hit and miss. Some offer good deals while most are not offering anything worthwhile. Most companies now jack the prices before offering a discount meaning you really only save 2% to 3% at most while excluding items at the same time so it's a pseudo fake sale with jacked up prices and no discounts on anything worthwhile. It's very common practice by all companies now, they are really taking people for a ride.
 

Ink

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The trick is to buy off the back of the truck.*

Cons:
  • Don't get caught
  • Might be counterfeit goods
  • Could be stolen items
  • May be faulty/damaged or refurbed
  • Funds criminal activity
  • Cash only
  • No refunds
  • Scam

It's best to buy from trusted retailers, it'll cost more, but safer guarantees and manufacturer warranty.

*I do not recommend this.
 

upnorth

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Simply following a few pretty easy steps helped myself again to easy stay clear of online scams this weekend so I'm gonna bump it. It's highly recommended the read. (y)

 
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