PanamaTimes

Tuesday, Apr 23, 2024

Black Friday: Nine out of 10 deals are the same price or cheaper earlier in the year, investigation says

Black Friday: Nine out of 10 deals are the same price or cheaper earlier in the year, investigation says

Black Friday has become known as a day for big shopping bargains but an investigation has found that shoppers could be better off buying on almost any other day of the year.
Nine out of 10 Black Friday deals are the same price or cheaper in the six months before the day, according to an investigation.

The consumer group Which? looked at 201 of last year's Black Friday deals at six retailers - Amazon, AO, Argos, Currys, John Lewis, and Richer Sounds.

They recorded the prices every day in the six months before and after Black Friday, and on the day itself.

They found that 184 products - 92% - were the same price or cheaper in the six months before the day, while 98.5% were cheaper or the same price at some point in the six months afterwards.

Among the items were:

• A Zanussi ZWF81441W washing machine at John Lewis - £309 on Black Friday but £249 five months earlier and £289 within a month after the day

• A Bush BRC100DHEB 100cm dual fuel range cooker from Argos - £449.99 on Black Friday but the same price 66 times before then and 19 times after

The investigation also found that many shoppers do not research the products they are going to buy before they head to the shops.

This included a third of those buying baby and child products, 26% buying home appliances, and 22% buying tech products.

Ele Clark, Which? retail editor, said: "Take time to identify the products you really want and check that the 'deal' you're seeing represents a genuine saving.

"That way, you can beat the hype and be confident that you'll emerge from the Black Friday sales with quality products that will last for years to come - and all for a bargain price."

Black Friday is on the first Friday after US Thanksgiving - 26 November this year - and is known for scenes of chaos in American shops as people fight for bargains.

The retailers responded:

• Amazon: "We seek to offer our customers great value thanks to low prices all year round as well as a number of fantastic seasonal deals events.

"Our Black Friday sale is about thousands of deals on a huge selection of products from every category across the site, at a time of year when we know saving money is important to our customers. And the best thing about shopping online is that customers can easily compare prices, allowing them to make an informed purchase decision."

• AO: "Customers can get deals all year round at AO and Black Friday is the biggest opportunity to get genuine, great-value deals alongside our year-round price match guarantee."

• Argos: "We're committed to offering our customers a wide range of products at great prices throughout the year and our Black Friday deals are no exception."

• Currys: "In 2020 over 98% of our Black Friday promoted products were equal to or at their cheapest price from the previous six months and 54% of our products were at their lowest ever price.

"Black Friday represents one of the best times for customers to shop with us over the year. With our unique price promise, we won't be beaten on price. Full stop. This applies even during the Black Friday period."

• John Lewis: "As a participating retailer in Black Friday, we offer fantastic deals across technology, home, beauty and fashion - these are just some of the many promotions our customers can take advantage of throughout the year."

• Richer Sounds: "Prices fluctuate pretty wildly in our industry, both up and down for all sorts of reasons, but primarily availability from suppliers and the prices we have to pay to our suppliers.

"So, this can mean that products (annoyingly for all) may be sold in the following Black Friday promotion at prices that are higher than during the preceding year but rest assured that all the deals that we sell are at the keenest prices possible at the time of the Black Friday 'event' (which, please note, starts several days before the day itself)."
Newsletter

Related Articles

PanamaTimes
0:00
0:00
Close
Apple warns against drying iPhones with rice
In a recent High Court hearing, the U.S. argued that Julian Assange endangered lives by releasing classified information.
Global Law Enforcement Dismantles Lockbit Ransomware Operation
Russian opposition leader Alexey Navalny has died at the Arctic prison colony
The President of Argentina Javier Mile does not fly private, he flies commercial, with the citizens he represents. And they LOVE him for it.
Bitcoin Reaches $50,000 for First Time in Over Two Years
Belo Horizonte: Brazil's Rising Carnival Hotspot for 2024
In El Salvador, the 'Trump of Latin America' stuns the world with a speech slamming woke policing after winning a landslide election
Tucker’s interview with Putin is over 50M views on X within the first 5 hours.
Finnish Airline, Finnair, is voluntarily weighing passengers to better estimate flight cargo weight
President Nayib Bukele has proudly announced El Salvador's remarkable achievement of becoming the safest nation in the Western Hemisphere.
Former Chilean President Sebastian Piñera Dies in Helicopter Crash
This farmer seems to understand science a bit more than the event organizer, Klaus Schwab.
Facebook turns 20: From Mark Zuckerberg's dormitory to a $1trn company
The Coolest Dictator in the World" on the Path to Victory in El Salvador
Macron, France and fake news
Indian-Origin Man 'King' Arrested For Smuggling $16 Million Drugs Into US
Can someone teach Americans that not every person with slanted eyes is Chinese?
Europe's Farmers Feeding the People, Protesting Against Politicians Who Do Nothing for Their Country and Serve Only Themselves at Taxpayers' Expense
Paris Restaurant That Inspired 'Ratatouille' Loses $1.6 Million Worth Of Wine
Brazilian Police Investigate Bolsonaro's Son for Alleged Illegal Spying
Police in Brazil Raid Residence of Bolsonaro Associate Over Allegations of Illegal Spying
Border Dispute Escalates as Texas Governor Vows Increased Razor Wire
OpenAI Enhances ChatGPT-4 Model, Potentially Addressing AI "Laziness" Issue
The NSA finally acknowledges spying on Americans by acquiring sensitive data
Report Reveals Toxic Telegram Group Generating X-Rated AI-Generated Fake Images of Taylor Swift
US Border Patrol States 'No Plans' to Remove Razor Wire Installed in Texas
Bitcoin Experiences Approximately 20% Decline in Value
Klaus Schwab recently appointed himself as the Earth's "trustee of the future."
DeSantis Drops Out, Endorses Trump.
Nikki Haley said former President Trump is "just not at the same level" of mental fitness as he was while president in 2016.
Residents of a southern Mexican town set the government palace on fire in response to the police killing of a young man
Samsung Launches AI-Driven Galaxy S24, Ushering in New Smartphone Era
Judge Questions SEC's Regulatory Overreach in Coinbase Lawsuit
The Ecuador prosecutor who was investigating the television studio attack, has been assassinated.
Is artificial intelligence the solution to cyber security threats?
Vivek Ramaswamy suspends his US election campaign and endorses Trump.
Viral Satire: A Staged Satirical Clip Mistaken as Real Footage from the 2024 World Economic Forum in Davos
The AI Revolution in the Workforce: CEOs at Davos Predict Major Job Cuts in 2024
Ecuador Reports 178 Hostages in Prison Gang Standoff
The Startling Cuban Espionage Case That Has Rattled the US Government
Two Armed Men in Ecuador, Dressed as Batman and The Joker Storm the Streets.
Armed Gang Raids Ecuadorian TV Station Following State of Emergency Declaration
Anti-Democratic Canada: Journalist Arrested for Questioning Canadian Finance Minister on Support of Terrorist Group
Ecuador's 'Most-Wanted' Criminal Vanishes from Prison
Mexican Cartel Supplied Wi-Fi to Locals Under Threat of Fatal Consequences for Non-Compliance
Border Surge Leads to Over 11,000 Migrants Waiting in Northern Mexico
Outsider Candidates Triumph in Latin American Elections
As Argentina Goes to the Polls, Will the Proposal to Replace the Peso with the Dollar Secure Votes?
Fatal Shark Attack Claims Life of Boston Woman Paddleboarding Near Bahamas Resort, According to Police
×