5 things you should know about Black Friday

Black Friday is like a promo, the prices of goods sales are always cheaper than the original price in the market, in Black Friday you will be given discount, Black Friday can be located from Jumia, Konga, Yudala to nearly every online and offline store. But it won’t hurt to learn some other things you probably did not know or plan to experience during Black Friday. .

 It not always a positive term.                                                                                                          The first recorded use of the term “Black Friday” referred to the crash of the U.S. gold market on September 24, 1869. Black Friday Black Friday .                                                                               
The Rebirth                                                                                                                                         It was later rebirth in the 1960s to mark the kickoff to the Christmas shopping season in the United States. “Black” refers to stores moving from the “red” to the “black,” back when accounting records were kept by hand, and red ink indicated a loss, and black a profit. .                                                         
The first black Friday in Nigeria was in 2010                                                                           It was fuelled by the rise of e- commerce in the country. It began with the online stores and is now just beginning to spread offline. .                                                                                                        

The Record sales in 2016 In the US,                                                                                             The Black Friday 2016 was expected to exceed the $3 billion mark for the first time. It hit over 5 billion. It was also expected to become the first day in U.S. retail history to drive over a billion dollars from mobile sales. It hit over 1.2 billion. .                                                                                                      
All that glitters isn’t a bargain                                                                                                          Experts said that the prices of several goods increased about a few weeks or months to the Black Friday season and then reduced just a bit at the start of the season. To get the best deals, one would have to monitor prices overtime.

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