Yes this is true for appliances not so much for electronics. Just follow the apple products as an example. By the time Black Friday roles around we have the newer laptops and the older ones are almost always on sale.Reply
Norway, too. You can see that they start to ramp up the price slowly a month or two before. At least here, we have laws against bogus sales - you have to sell so and so many items for the "normal" price, or have them listed for a certain period, before you can put them on such sales.
Not sure how much these (marketing) laws are enforced, though. Some 10 years ago, when everyone and their sister tried their hand at drop-shipping, you'd get drowned by these "99% sale" ads, where people would try to sell AliExpress watches/jackets/etc. for $100-$200, with some ridiculous before price. ("Before: $5000 - Now: $100", etc.)Reply
I worked in retail sales from 2004-2006 and I remember management ordering us to increase prices on items leading up to big sales. It seemed like fraud and it made me feel icky doing it.
Especially when we would replace labels of an item that cost $99 to say that it cost $139 and was now on sale for $99.
Luckily I haven't had to work in retail since...Reply
I remember when Black Friday meant tremendous free-after-rebate deals… Among other things, I recall ‘purchasing’ a free inkjet color printer, a free PDA (personal digital assistant), and a free spool of 50 blank cds! Those were the days.Reply
It's Buy Nothing Day, per Adbusters.Reply
Here in Norway we didn't have Black Friday until like a decade ago or so, when shops started introducing it. They even had to explain what it was all about in the ads.
Now it's no longer Black Friday, no... now we have Black Week and even Black November, filled with 10% off prices or deep discounts on old junk nobody wanted...
There's still a few really good deals, and there's a positive to concentrating the deals to one day: you're looking for deals. Doesn't help me that a thing was off even more a few months ago if I missed it then.Reply
I'm currently in the market for a dryer and checked the prices the last couple of days. It went from 649 Euros a week ago up to 739 Euros today. Fully expect it to fall back to 699 Euros tomorrow.Reply
Seeing this on Black Friday deals. Something is reduced by $150 for Black Friday, but it turns out the sale price is the normal price you would find anywhere.
Double check prices before buying anything else today and tomorrowReply
Could 2020 have been some peculiar outlier because of Covid and supply issues?Reply
This have been a joke for a few years here in Brazil, we call the day "Black Fraud" (sounds a little better in Portuguese)
The relevant point is that Black Friday is an "artificial" event here: we do not celebrate Thanksgiving Day so there is no need for a the stores to get rid of unsold inventory. It started just ~10 years ago when marketers began advertising it as a sales day.Reply
Have seen this on everty single TV deal on Amazon at camelcamelcamel price history. Doesn't look like a good to buy a TVReply