As November starts to come to an end, the temperatures start to get colder, and the white girls bring out their Ugg boots, everybody has the holidays creeping into their heads. Not Thanksgiving or Christmas but Black Friday. The day after Thanksgiving has become known for people to camp overnight outside of stores just so they can get up at 5 A.M. and trample someone for the newest gaming console of pair of Beats By Dre. The only question is, how are businesses making money if they are offering such crazy deals to people. The answer is, when people come into the stores to get good deals, they see items that they like better or think are nicer and instead of just getting the original item, they end up buying more than they wanted.
Another way that companies rope people in is by all the advertizing that they put out on television and social media. They try to get people interested in the cheap items then once they get into the store, they feel rushes by the thousands of other shoppers so they just go around and get “deals” on things they don't need. Black Friday grabs the attention of so many people that last year alone had about 90 million shoppers. The average person spent about $400.00 on this day alone. This sudden surge of money re entering the market would cause a peak in business profits. Last year, Black Friday pulled in an estimated $592.6 billion which is just proof that the businesses know how to take advantage of the demand for Christmas gifts.
Black Friday is almost the exact opposite of Thanksgiving because people go from being thankful for what they have to stopping on people in order to get something that they don't have. Although it may not seem very good, it brings in a lot of revenue which helps our economy flow. By buying things that people don't really need, they put more money back into the system which can be used to pay other people who in turn spend their money on things that will help others. It is all one big circle and although many people might think Black Friday is dumb or a waste of time, it helps money stay moving through our economy.
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