Sunday, November 30, 2008

Black Friday 2008

Black Friday is the day after Thanksgiving. Black refers to ink color. Most retailers don't show a profit for the year until this day after Thanksgiving. Accountants say red ink become black ink, hence the term. Black Friday is also a time for great bargains as stores want you to spend your holiday budget all at once when you enter their doors for the great bargains.

Cyber Monday is the Monday following Black Friday. From Wikipedia, the free encyclopedia:
The term Cyber Monday refers to the Monday immediately following Black Friday, the ceremonial kick-off of the holiday online shopping season in the United States between Thanksgiving Day and Christmas. [1] Whereas Black Friday is associated with traditional brick-and-mortar stores, "Cyber Monday" symbolizes a busy day for online retailers. The premise was that consumers would return to their offices after the Black Friday weekend, making purchases online that they were not able to make in stores. Although that idea has not survived the test of time, Cyber Monday has evolved into a significant marketing event, sponsored by the National Retail Federation's Shop.org division, in which online retailers offer low prices and promotions.

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