Black Friday Tips from Travelstart

 
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Black Friday Tips from Travelstart

16/11/2018 17:27:15

These days you don’t have to scramble through endless queues to get your hands on the latest Black Friday deals. You can simply shop online from the comfort of your couch.

Travelstart have come up with a few tips to make sure you don’t miss out on this year’s Black Friday deals!

While many of us eagerly await the countdown to possibly the biggest shopping extravaganza of the year, an interesting thought is ‘how did it all start?’ While Black Friday usually spells out chaos with a capital C, the history behind it is actually quite interesting.

The story goes as far back as 24 September 1869 when two financial ringleaders tried to corner the US gold market and bought as much gold as possible, hoping the scarcity would drive the price up and they’d stand to make an enormous profit. Unfortunately, word got out of their conspiracy and the stock market plummeted by over 20 percent in little more than a week, causing financial ruin for many investors and the general public. Hence, this financial crisis was labelled “Black Friday”.

A more recent version of its history fast-forwards to the 1950s in Philadelphia when frenzied crowds of shoppers and tourists would flock into the city the Friday after Thanksgiving, before the Army-Navy football game held on that Saturday. Everyone else had the day off to hit the shops, while the police had to work extra-long shifts to keep unruly crowds in check. They soon coined the dreaded workday “Black Friday”.

However, it wasn’t ‘til the early 90s that the phrase caught on and spread across media campaigns throughout the United States. It was during this time that businesses recognised this day as extremely profitable, turning over large numbers which put them “in the black” (profitable) as opposed to “in the red” (making losses).

Nowadays you don’t have to scramble through endless queues to get your hands on the latest Black Friday deals. You can simply shop online from the comfort of your couch.



Read More here: http://www.travelstart.co.za/blog/top-tips-best-black-friday-deals/

 

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