When is Black Friday?<\/strong><\/h2>\n\n\n\nBefore delving into the topic of Black Friday spending, it’s important to know when is Black Friday. This year, Black Friday is on the 25th of November. It is interesting that most South Africans are aware of this big shopping day but don\u2019t know the exact date and therefore there is an increased number of searches closer to the time. If you are one of those South Africans, mark your calendar that Black Friday falls on the 25th of November 2022<\/strong>.<\/p>\n\n\n\nIn recent years, Black Friday has transformed into Black Week, and now also what is known as Black November<\/strong>. This is because retailers release deals for the entire month. Major retailers and manufacturers also start planning earlier to ensure that stock arrives on time and to fulfil the earlier festive season demand.<\/p>\n\n\n\n![\"Shopping](\"https:\/\/www.latestspecials.co.za\/blog\/wp-content\/uploads\/2019\/10\/shopping-4000414_1920-1024x679.jpg\")
www.pexels.com<\/figcaption><\/figure>\n\n\n\nWhich shops are most popular?<\/strong><\/h2>\n\n\n\nAccording to Finder.com, Game, Makro, Takealot and Shoprite were the most popular stores to shop at during the Black Friday 2021 weekend. It is expected that these stores will be the most popular again this year. <\/p>\n\n\n\n
According to the 2021 statistics, the products that people were mostly looking to buy on the Black Friday deals included electronics and appliances at shops such as Lewis Stores<\/a>, and clothes at shops such as Truworths<\/a> and Sportscene<\/a>.<\/p>\n\n\n\nFinder.com also reported that men were more likely than women to participate in Black Friday. It is predicted that 2022 will follow more or less the same patterns.<\/p>\n\n\n\n
Wasting or saving money on the Black Friday Sale?<\/strong><\/h2>\n\n\n\nData from PayGate indicated that there was a 43.4% year-on-year increase in the number of transactions for Black Friday in 2021. But how many of these transactions were really special deals? And how many consumers really saved money?<\/p>\n\n\n\n
With so many products on sale, it\u2019s easy to waste money on items you don\u2019t necessarily need or want. Many people plan to save, but once they see all the low prices, they overspend! <\/p>\n\n\n\n![\"Shopping](\"https:\/\/www.latestspecials.co.za\/blog\/wp-content\/uploads\/2022\/11\/pexels-pixabay-264507-red-1024x682.jpg\")
www.pexels.com<\/figcaption><\/figure>\n\n\n\nHow can you save on Black Friday? <\/strong><\/h2>\n\n\n\nSo, we\u2019ve established that with so many seemingly good deals and an entire Black November, it is really easy to overspend. But with a well-thought-out plan and the right mentality, you can save a lot of money.<\/p>\n\n\n\n
Here are a few tips<\/strong> on how you can brave the Big Sales day and save a few bucks:\u00a0<\/p>\n\n\n\n1. The psychology behind Black Friday<\/strong><\/h3>\n\n\n\nYou should understand that there is a psychology to Black Friday. Everyone loves a good deal; Black Friday is specifically marketed as the biggest shopping day of the year. The mentality is that if you are not shopping the Black Friday deals you are missing out. FOMO is real and retailers use the ideal of limited time offers to entice shoppers into making purchases.<\/p>\n\n\n\n
2. Set a budget<\/strong><\/h3>\n\n\n\nIf you don\u2019t want to overspend, it\u2019s a good idea to set a budget before the big day. Make a list of all the items you want to buy and set aside some money for it. If you\u2019re going to the shops or malls, be sure to leave your credit cards and extra money at home. You do not want to overspend on the spur of the moment. Although Black Friday is a big day for retailers, restaurants also benefit. Often consumers stop for a meal during or after shopping. If you are in the habit of doing that and you\u2019re looking to save more this November, perhaps look at online deals and avoid the malls entirely.\u00a0<\/p>\n\n\n\n
3. Plan your shopping carefully<\/strong><\/h3>\n\n\n\nIf you do not plan, it\u2019s easy to spend money on products you don\u2019t need. Groceries and household items have become priority Black Friday items purchased as was seen in 2021. The reason could be as many South Africans are now working from home. Take stock in your home and make a list of everything you want to buy. Once Black Friday arrives, you\u2019ll feel confident to do your shopping and buy only the items you budgeted for.\u00a0<\/p>\n\n\n\n
4. Don\u2019t overspend on gifts<\/strong><\/h3>\n\n\n\n
In recent years, Black Friday has transformed into Black Week, and now also what is known as Black November<\/strong>. This is because retailers release deals for the entire month. Major retailers and manufacturers also start planning earlier to ensure that stock arrives on time and to fulfil the earlier festive season demand.<\/p>\n\n\n\n According to Finder.com, Game, Makro, Takealot and Shoprite were the most popular stores to shop at during the Black Friday 2021 weekend. It is expected that these stores will be the most popular again this year. <\/p>\n\n\n\n According to the 2021 statistics, the products that people were mostly looking to buy on the Black Friday deals included electronics and appliances at shops such as Lewis Stores<\/a>, and clothes at shops such as Truworths<\/a> and Sportscene<\/a>.<\/p>\n\n\n\n Finder.com also reported that men were more likely than women to participate in Black Friday. It is predicted that 2022 will follow more or less the same patterns.<\/p>\n\n\n\n Data from PayGate indicated that there was a 43.4% year-on-year increase in the number of transactions for Black Friday in 2021. But how many of these transactions were really special deals? And how many consumers really saved money?<\/p>\n\n\n\n With so many products on sale, it\u2019s easy to waste money on items you don\u2019t necessarily need or want. Many people plan to save, but once they see all the low prices, they overspend! <\/p>\n\n\n\n So, we\u2019ve established that with so many seemingly good deals and an entire Black November, it is really easy to overspend. But with a well-thought-out plan and the right mentality, you can save a lot of money.<\/p>\n\n\n\n Here are a few tips<\/strong> on how you can brave the Big Sales day and save a few bucks:\u00a0<\/p>\n\n\n\n You should understand that there is a psychology to Black Friday. Everyone loves a good deal; Black Friday is specifically marketed as the biggest shopping day of the year. The mentality is that if you are not shopping the Black Friday deals you are missing out. FOMO is real and retailers use the ideal of limited time offers to entice shoppers into making purchases.<\/p>\n\n\n\n If you don\u2019t want to overspend, it\u2019s a good idea to set a budget before the big day. Make a list of all the items you want to buy and set aside some money for it. If you\u2019re going to the shops or malls, be sure to leave your credit cards and extra money at home. You do not want to overspend on the spur of the moment. Although Black Friday is a big day for retailers, restaurants also benefit. Often consumers stop for a meal during or after shopping. If you are in the habit of doing that and you\u2019re looking to save more this November, perhaps look at online deals and avoid the malls entirely.\u00a0<\/p>\n\n\n\n If you do not plan, it\u2019s easy to spend money on products you don\u2019t need. Groceries and household items have become priority Black Friday items purchased as was seen in 2021. The reason could be as many South Africans are now working from home. Take stock in your home and make a list of everything you want to buy. Once Black Friday arrives, you\u2019ll feel confident to do your shopping and buy only the items you budgeted for.\u00a0<\/p>\n\n\n\nWhich shops are most popular?<\/strong><\/h2>\n\n\n\n
Wasting or saving money on the Black Friday Sale?<\/strong><\/h2>\n\n\n\n
How can you save on Black Friday? <\/strong><\/h2>\n\n\n\n
1. The psychology behind Black Friday<\/strong><\/h3>\n\n\n\n
2. Set a budget<\/strong><\/h3>\n\n\n\n
3. Plan your shopping carefully<\/strong><\/h3>\n\n\n\n
4. Don\u2019t overspend on gifts<\/strong><\/h3>\n\n\n\n
![\"Black](\"https:\/\/www.latestspecials.co.za\/blog\/wp-content\/uploads\/2022\/11\/pexels-max-fischer-5872299-red-1024x682.jpg\")