Black Friday the day after Thanksgiving, has been an American tradition for almost years. It’s the day when retailers and online merchants add discounts to their products to attract more customers. Over the last half-century, it has changed from a single-day event into a period of sales that goes up to over a month of deals. The period of holiday sales in the US is the perfect opportunity for foreign entrepreneurs looking to reach out to potential customers in a new market. You can use Black Friday and Cyber Monday discounts as devices to increase your sales and exposure.
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Friday predictions we expect to see come true in below. black friday predictions for 2022 Black Friday will reach billion In 2022, Black Friday will happen on November 25th. In the last few years, Black Friday deals have been expanded with sales Armenia Email List starting on Thanksgiving Thursday and going all the way to what is known as Cyber Monday. This year, Future Publishing predicts that Black Friday will raise $158 billion in total sales. Usually, this day kicks off holiday shopping, bringing a great opportunity for retailers to expand their business and get even more sales this season.
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American consumers plan on shopping for deals on Black Friday with an average budget of $574. Even though the Black Friday tradition has been expanded through other countries, US consumers are still one of the biggest spenders. This year, according to Adobe, year-over-year (YoY) online sales are predicted to go up reaching billion Grils Book overall. Meanwhile, countries like the United Kingdom are expected to see a shrink in holiday spending. According to a report by Metapack, UK shoppers are going to hold back their spending by 22%, with a $5.05 billion cutback in holiday shopping. Looking at the whole holiday season from Nov. 1st to Dec. 31st, Adobe expects US online sales to hit.