skipdiver":1fkggt1p said:Black Friday my arris. Biggest con ever and people fall for it. Fighting over TV sets that you can get just as cheap all year round if you search around. Watch this jaw dropping clip from last year.
http://www.telegraph.co.uk/finance/busi ... r-TVs.html
shed9":38lknp6h said:This is clearly a US led initiative via Amazon and Asda (Walmart) and the likes but I still can't figure out the commercial sense of it.
Doug B":1swo7vnr said:shed9":1swo7vnr said:This is clearly a US led initiative via Amazon and Asda (Walmart) and the likes but I still can't figure out the commercial sense of it.
It's a good way of getting rid of stock that when the new year comes will be last years model, by discounting it in November you've emptied your shelves/ warehouse ready for next years stock. Makes sense as if you are still holding old stock in the new year you are still gonna have to discount it to get shut of it. It also frees up money tided up in old stock to buy in new.
shed9":18rkwvav said:I'm aware (via retail buyers) that the likes of Asda and Tesco for instance have intentionally stocked up for the Black Friday event and in some cases with product lines they have never ran with before. Some one is certainly getting rid of stock but ironically not the retailers we associate with Black Friday.
Doug B":36jhilfg said:shed9":36jhilfg said:I'm aware (via retail buyers) that the likes of Asda and Tesco for instance have intentionally stocked up for the Black Friday event and in some cases with product lines they have never ran with before. Some one is certainly getting rid of stock but ironically not the retailers we associate with Black Friday.
This has been the case for years with most large retailers & it's not restricted to Black Friday, the January sales is rife with product lines that suppliers need to get rid of, large retailers buy up vast quantities at rock bottom prices & sell as "sale" goods whilst still realising good profit.
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