Black Friday and Cyber Monday are two of the biggest shopping days of the year, known for their incredible deals and discounts. But did you know that there are some fascinating facts behind these shopping events? From the origins of Black Friday to the rise of online shopping on Cyber Monday, here are some in-depth and quick trivia facts that will surprise and entertain you.
The term “Black Friday” was originally used to describe a financial crisis in 1869, when the stock market crashed and caused widespread panic. However, it was not until the 1960s that the term became associated with shopping.
The story goes that retailers in Philadelphia started using the term to describe the heavy and disruptive pedestrian and vehicle traffic that would occur on the day after Thanksgiving. Eventually, the term caught on and spread across the country, becoming synonymous with the start of the holiday shopping season. Today, Black Friday is known for its early morning doorbuster sales and long lines of eager shoppers looking for the best deals.
The term “Cyber Monday” was first used in a press release by the National Retail Federation in 2005. The organization wanted to promote online shopping on the Monday after Thanksgiving as a way to extend the holiday shopping season. They coined the term “Cyber Monday” to highlight the fact that many people would be returning to work after the long weekend and would have access to high-speed internet connections, making it easier to shop online.
Since then, Cyber Monday has become one of the biggest online shopping days of the year, with retailers offering special deals and discounts to attract customers.
Black Friday, the day after Thanksgiving, has become synonymous with massive sales and crowded stores. It is considered the busiest shopping day of the year in the United States, with millions of people flocking to stores to take advantage of deals.
Retailers offer deep discounts on a wide range of products, from electronics to clothing, and shoppers line up early in the morning to secure their spot and get their hands on the best deals. The atmosphere is often chaotic, with long lines, limited quantities of popular items, and sometimes even fights breaking out over coveted products. Despite the chaos, many people see Black Friday as a fun and exciting tradition, and it has become a cultural phenomenon in the United States.
Cyber Monday, which falls on the Monday after Thanksgiving, is the online counterpart to Black Friday. It was created to encourage people to shop online and take advantage of deals from the comfort of their own homes.
On Cyber Monday, retailers offer exclusive online discounts and promotions, and shoppers can find great deals on a wide range of products. The convenience of online shopping and the ability to compare prices and find the best deals has made Cyber Monday incredibly popular.
In recent years, Cyber Monday has surpassed Black Friday in terms of total sales, with billions of dollars being spent online in just one day. It has become a major event for both retailers and consumers, and it continues to grow in popularity each year.
One interesting fact about Black Friday and Cyber Monday is the difference in average spending between the two days. On Black Friday, the average shopper spends around $300, while on Cyber Monday, the average shopper spends around $200. This may be due to the fact that Black Friday is traditionally associated with in-store shopping and big-ticket items, while Cyber Monday focuses more on online deals and smaller purchases.
Regardless of the average spending, both days offer great opportunities for shoppers to snag some amazing deals and save money.
1. Black Friday originated in the United States in the 1950s and was originally used to describe the heavy and disruptive pedestrian and vehicle traffic that would occur on the day after Thanksgiving.
2. Black Friday is known for its doorbuster deals, which are deeply discounted items that are only available for a limited time or in limited quantities. These deals often lead to long lines and even stampedes as shoppers rush to get their hands on the best deals.
3. Black Friday and Cyber Monday have become global shopping events, with countries around the world adopting the sales and discounts associated with these days.
4. In recent years, many retailers have started offering online deals and discounts on Black Friday as well, blurring the lines between the two shopping events.
5. Black Friday and Cyber Monday have expanded beyond just electronics and clothing, with deals now available on everything from travel and experiences to home goods and appliances.
6. While Black Friday and Cyber Monday are known for their sales and discounts, they have also been criticized for promoting consumerism and excessive spending.
7. Despite the popularity of Black Friday and Cyber Monday, there has been a growing movement in recent years to promote alternative shopping events such as Small Business Saturday, which encourages people to support local businesses.
Well, there you have it. Twelve intriguing and interesting facts about the two biggest shopping days of the year, which tend to culminate in overspending on people for Christmas.
Written by Ubersuggest