Traditionally, Black Friday occurs on the day following Thanksgiving while Cyber Monday falls on the Monday after the holiday. But where did these shopping days originate?
The term "Black Friday" dates back to the 1960s. Police in Philadelphia coined it to describe the heavy traffic on the day after Thanksgiving. Marketers later used the phrase to kick off the start of holiday shopping with exclusive deals and sales.
"Cyber Monday" was named in 2005 by Ellen Davis of the National Retail Federation. The term refers to the increase in online retail sales that occurs on the Monday following Black Friday, hence the word “cyber.” This day aims to encourage online shopping by offering jaw-dropping discounts. Currently, both days have grown into global shopping events, with 129 countries practicing Black Friday and 28 countries celebrating Cyber Monday.
For those planning to participate in Black Friday shopping, here are some key preparations and precautions to keep in mind: First, set a budget. By deciding on an amount you’re willing to spend, you can focus on your choices and avoid overspending. Second, if there are specific items you’re aiming for, prioritize and make a mental note to simplify your shopping. Third, do your homework. Most major retailers have websites where you can research product prices beforehand, so you’ll recognize actual savings and avoid being lured in by misleading deals. Finally, arrive early! Time is of the essence. If you don’t get to popular stores early enough, you might miss out on must-have items.
For those who are leaning towards more stress-free shopping, Cyber Monday takes the cake. Preparing is significantly less stressful than Black Friday, as shopping can be done from the comfort of home on nearly any device. Still, here are some tips to ensure smooth sailing: First, utilize online shopping carts to save items in advance, which will ensure a speedy checkout. Second, ensure you understand the store’s return policies, which may differ on this holiday. Don’t rush yourself. It’s easy to get caught up in the excitement, but taking your time can help you avoid overspending or guilt. Remember to be cautious of scams; fake websites are rampant this season, so stay vigilant.