black friday consumer behavior


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  • What are consumer results for Black Friday?

    Black Friday generated $9.8 billion in U.S. online sales, according to Adobe Analytics, up 7.5% from a year ago.
    The spending bump reflects consumers looking to advantage of big deal days and finding it easier to compare discounts online.

  • How does Black Friday benefit customers?

    The longer Black Friday sale windows, while they may benefit retailers, can also help consumers by giving them more time to shop around for the best price on a specific item.
    Shoppers may also take the time to hold out for a steeper discount, since stores may change the price of an item over the course of their sale.

  • False reductions – Sometimes a product's price will be inflated for a short while in the run up to Black Friday to trick consumers into thinking they're making a saving.
    In reality, the product might have been available at the same price just days ago.

  • What is the psychology behind Black Friday sales?

    Black Friday is more than just a quest for savings.
    Psychologists assert that it triggers an adrenaline rush.
    When shoppers race to secure limited deals, their brain's reward centers are activated, releasing dopamine, the feel-good neurotransmitter.
    Beyond mere savings, Black Friday serves as a social experience.

  • Black Friday and Consumer Behaviour The 'Fear Of Missing Out' or FOMO is a huge factor in Black Friday and Cyber Monday sales. Companies exploit this 'scarcity principle' and create artificial exclusivity by setting arbitrary limitations on stock to make their products appear to be in short supply.
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