MERIT Solutions Blog

MERIT Solutions has been serving the Chesapeake area since 1982, providing IT Support such as technical helpdesk support, computer support, and consulting to small and medium-sized businesses.

Are the Deals Better on Black Friday or Cyber Monday?

Are the Deals Better on Black Friday or Cyber Monday?

Many consider the beginning of the holiday (shopping) season to be Black Friday, the day after Thanksgiving. This day is infamous for deals so good, people are willing to wait in line for hours before the stores even open in order to take advantage of them--however, are these deals really the best, when Cyber Monday is now in play? We examined what can be expected on the major deal days to find out.

Some Backstory
Black Friday was first established in the 1950s as a way to start the holiday shopping season off on a profitable note. In fact, Black Friday gets its name from its ability to bring stores and their annual profits out of the red and into the black.

Cyber Monday, on the other hand, was born to encourage shoppers to use the new shopping capabilities to be found in “cyberspace,” hence the name Cyber Monday. These sales often took place on Monday because, at this point, most personal users were still using dial-up Internet connections, while their offices had the faster connections. So Cyber Monday mainly got its start from workers who were doing their online shopping during work hours. These sales proved to be major money draws for online stores, so they made sure to make it as big of a deal, so to speak, as Black Friday.

Nowadays, these two events have blended together somewhat. Black Friday’s sales can often be found online, as well as in-store. However, Cyber Monday will never make the move into brick-and-mortar establishments.

Where (or When) The Best Deals are Found
Of course, there is no cut-and-dry answer to this question. There are many variables involved in finding the best deals for different items, and these factors change from year-to-year.

Furthermore, if we only consider deals that take place on Black Friday and Cyber Monday, we ignore another day that--at least last year--dominated, as far as the best deals are concerned: Thanksgiving Day itself.

Turkey Day deals were the best of the three options in almost every category in electronics, computers, and beauty, were the best in half of the kinds of entertainment deals, and dominated home and garden purchases in all categories. Comparatively, Black Friday and Cyber Monday only managed to provide the ideal deals in, at most, one subset of each category. Sometimes, there was no competition, and Thanksgiving Day deals were just the best option. Notable exceptions were Android devices (Black Friday was the best time for these) and laptops (which were available for the best deals on Cyber Monday).

Of course, since these are the results from last year, they may offer no valuable insights into this year’s tendencies at all. If you consider yourself a true bargain hunter, it may be wise to find an app that directs you to nearby deals or offers rewards for shopping and scanning your receipt.

You also have to take into consideration the other, non-financial costs involved in each form of shopping during this time. For example, the convenience of Cyber Monday often offsets the slightly less-good deals that one may find. After all, isn’t it easier to order something in a few clicks to have it brought to your door than it would be to wait outside in the wee hours of the morning and fight your way through crowds of people, all for a difference of a few dollars? And to the same point, is the difference of a few dollars worth sacrificing the quality time a holiday can bring to scramble around a store?

So, to answer the question of when is the best day to find a great deal on holiday gifts (and maybe a little something for yourself): it all depends, so you’ll have to do a bit of homework. Researching prices, shopping around, leveraging apps, and paying attention to advertisements will all help you to optimize the amount you spend in preparation for the holidays.

So what do you think? Are you the kind that dives right in on Black Friday, or are you more comfortable doing your shopping in “cyberspace?” Or do you work off the Thanksgiving calories by going out that very night? Share your strategy with us in the comments section!

 

Comments

No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Guest
Friday, July 20 2018

Captcha Image

Tag Cloud

Security Tip of the Week Technology Best Practices Privacy Cloud Business Computing Network Security Hackers Malware Software Productivity Internet Managed IT Services Hosted Solutions Business Management Backup Mobile Devices google Computer Business Microsoft Disaster Recovery Outsourced IT Hardware IT Support communications VoIP Business Continuity Windows 10 Innovation IT Services Email User Tips Cybersecurity Data Backup Efficiency Cybercrime Windows Tech Term Mobility Saving Money Mobile Device Management Managed IT Data Recovery Server Small Business Ransomware Apps Internet of Things Operating System browser Productivity Data Law Enforcement Smartphone Office 365 Android Telephone Systems Virtualization BDR Money Save Money Smartphones Data Security Hosted Solution Quick Tips Passwords Phishing Cloud Computing Communication Recovery VPN Network IT Support Microsoft Office BYOD Automation Password Holiday Managed Service Provider Chrome Information Technology Cost Management Budget Wi-Fi Data Management Application Facebook Government Collaboration Update Google Drive Hacking Two-factor Authentication Avoiding Downtime Gadgets Wireless Workplace Tips Alert Health Miscellaneous Vulnerability Risk Management Computers Unsupported Software upgrade Social Social Media Best Practice Data Breach Work/Life Balance App Router Firewall Employer-Employee Relationship Antivirus Current Events User Error Audit Tech Support Data Protection Blockchain Compliance Gmail Personal Information Wireless Technology Politics Telephony Cleaning USB Save Time Spam Office tips Social Engineering Applications Private Cloud Users History Identity Theft Streaming Media Remote Computing Managed IT Services Proactive IT Artificial Intelligence Flexibility search Shortcut The Internet of Things Disaster MSP Humor Education eWaste Vendor Management Data Loss SaaS Marketing Samsung Google Docs Sports Content Filtering Battery Management HaaS Hacker Solid State Drive Internet Exlporer Redundancy Mobile Security Automobile Travel Value Commerce Devices iPhone IT solutions Saving Time Google Assistant Cortana DDoS Mobile Computing Patch Management Windows 10 Transportation Office Computer Care Phone System Fraud Television Robot Legal Wireless Charging Excel Encryption End of Support Apple Data Storage OneNote WiFi Big Data Project Management Going Green Networking Bandwidth Sales remote Cast Memory Books Emails Scalability Workers Yahoo Adobe Hiring/Firing Data Theft Settings Content Filter Data storage Retail Server 2008 Students intranet How To Running Cable Administration Chromecast Updates Ali Rowghani Licensing Benefits WannaCry Computing Monitoring Trending Conferencing Unified Threat Management HBO Unified Communications Webinar IT budget Colocation Microsoft Word Mobile Analysis Training Remote Monitoring Hard Drives Entertainment Maintenance Microsoft Excel Files Gifts server installation dvd "cannot install required files" Upgrades Financial Electronic Medical Records IT solutions App store Point of Sale Administrator stock Lithium-ion battery Professional Services Company Culture Financial Technology HIPAA Device Security File Sharing Consultant IT Management Bring Your Own Device Safety Windows 10s Identities Black Market Relocation Access tweet Smart Technology Nanotechnology Printing Avoid Downtime Storage Credit Cards calculator WIndows Server 2008 Hybrid Cloud Hard Disk Drive IoT Shadow IT Identity Document Management Twitter Tablets Root Cause Analysis control PDF Experience Spyware FAQ Business Technology Language Data Privacy WSJ NFL Augmented Reality Exchange Business Intelligence Computer Forensics Text Messaging Touchscreen Video Games Lifestyle Distributed Denial of Service Charger altivista Outlook Wasting Money Virtual Reality Hard Drive Word Scam SBS Managed IT Service PowerPoint Music Edge Legislation compaq Amazon iOS Virus Chromebook Windows Ink Employer Employee Relationship Comparison Wireless Internet Analytics Ciminal Laptop Wearable Technology Uninterrupted Power Supply Evernote hp Regulation Virtual Assistant Keyboard Computer Fan Proactive Instant Messaging Smart Tech Worker Commute Google Maps Computer Accessories Specifications domain Mobile Device Screen Mirroring Gamification Touchpad Sync Alexa for Business Dark Web Websites Reputation Managing Stress Meetings Connectivity Advertising Software as a Service Cache Monitors Thank You Congratulations Emergency Worker CrashOverride

Mobile? Grab this Article!

QR-Code dieser Seite

Recent Comments

Anna Jackson 5 SEO Tools To Get a Google-Eye View of Your Website
15 September 2017
Hello Randall! I was doing very important work but due to your subject I felt better to stay at you...
David Miller Not all project-management tools are right for all businesses
25 August 2017
All the points depicted by you in this blog is v.apt. I love the title of this blog because it says ...