I'm gonna need you to wait a minute for your excitement about Black Friday.
This year, Black Friday will take place on November 29, and although there will be some legal savings and reductions, you will also find many price tricks and massive psychological manipulation.
The first thing you should know is that saving money is the last thing on a retailer's list of priorities (if it is there).
According to Business Insider SA, stores that are starving for profit, Güney especially those in South Africa who are under extreme pressure or, do not plan to do any damage per day.
Last year, South Africans spent surprisingly 2.89 billion R2 on Black Fridayand retailers will do almost anything to get a piece of it.
That doesn't mean you have to lose the day. You just have to be smart, here's how.
Plan Now, Save Later
A little planning goes a long way. Matching savings with the right payment methodcan save you money in the long run and reinforce the kalite quality over quantity ”rule you should apply to all your purchases throughout the day.
Strengthen your mind
The stores will try to manipulate you long before Black Friday officially leaves, so keep on the trick.
Shops use a variety of psychological tricks to manipulate shoppers, but one of the most important is to increase your certainty about finding too much on days like Black Friday, according to brand and consumer expert Martin Lindstrom.
The hype that you will face before Black Friday is part of a detailed plan, even if you create amazing opportunities and increase your confidence in your idea of saving cash.
Limited Stock Means Probably Limited Stock
So go online and have a flat screen TV of your dreams that will decrease by 70% on Black Friday. Catch? Limited stock.
General stores will not risk taking fraud; If they advertise tens of thousands of price cuts once in a lifetime, they will indeed sell at that price. However, there is no obligation to have sufficient stock to purchase this product at that price.
If the stock level is not specified, “limited” may actually mean “one”. Then you're already on their site, looking around and the best deal is already over.
Going Down the Rabbit Hole
Do your research in advance and stick to what you want and need.
Between online research and social media, retailers need to offer really good opportunities to cross their doors rather than their competitors. If they attract enough traffic, they can compensate for the high volume losses on regularly priced goods and do their best to convince you to buy.
You must finally get out of your pocket, and you're holding things you shouldn't have first.
Don't Buy Old Technologies
Somewhere behind your mind, you know that half of the items on sale are stocks that need to be changed because they're about to get old.
Instead of falling off a fairly low price and gaining a very expensive technical paper weight in a few months, pay a little more for the technology still in play.
Yes – Some Stores Raise Their Prices Before Black Friday
This is a simple but effective trick. Some stores will carefully raise their prices during the months up to Black Friday, then lower the day and think you'll save money.
Black Friday is not the Last Sale So far
Sales and discounts at other times throughout the year.
Sales of clothing and outdoor equipment are often determined by changing weather conditions, so it may be better to wait a few months after Black Friday after summer fashion products.
If you don't think the ’deal Ald you get is as special as you want to believe, wait.
Keep all this in mind and you must be good.
Remember – shop wisely, not difficult, people.[source:businessinsidersa]