So soon? First Black Friday ad appears
Will we all be burned out by the time stores open their doors Nov. 26?
This post comes from Melinda Fulmer of MSN Money.
"Leaked" unceremoniously on the retailer's Facebook page, the ad promises early-bird shoppers 20% off and a free calendar with $30 purchase, plus coupons with gift card purchases. It's not exactly exciting -- and it's similar to what this retailer has done in the past -- but then the books are already heavily discounted to begin with.
Even if the books are $3.98, says Kathy Doyle Thomas, HPB's executive vice president, people still expect a big discount on Black Friday, especially after a couple of years of nonstop clearance sales and "Friends and Family" offers. "As retailers we have trained our customers to only come in when we have a big discount," she says.
And increasingly those big discounts are coming both before and after Black Friday, making those early morning runs less of a must-do for some consumers. Post continues after video.
Indeed, in a recent survey, consulting firm Accenture picked up on a growing apathy to Black Friday shopping: More than half of consumers (53%) said they were unlikely to shop on Black Friday or they have not yet decided, versus 48% last year.
Is Black Friday fatigue finally setting in? Will we all be burned out by the time stores open their doors Nov. 26 (particularly since the first BF "leak" of the season is a week earlier than last year's)?
Maybe, given the round-the-clock discounting last year. First, there were Sears' pre-Black Friday weekend sales, which boasted "door busters" weeks before turkey day. Then, there were post-Black Friday sales, early December sales and last-minute sales, with prices getting progressively lower.
"What worries me is that people won't come Black Friday because their experience last year was that there was discounts every week," Thomas says. "They know that retailers are fighting for every shopping dollar and so they will not come early, but wait to the last minute to see if they can get the best deal possible."
Indeed, one jaded shopper, "Tinkrbell" is wondering what promotions retailers will be able to pull out of their hats to get her into stores on Black Friday.
"I am hoping (BF sales) will be better, as last year didn't really have any 'MUST HAVE' items for me," she said, on Gottadeal's Black Friday forums. "Maybe I'm a little spoiled by previous years' prices and year-round clearance shopping?"
Still, says Brad Olson, operator of Gottadeal.com, don't write off Black Friday yet. Even though the sales have been pretty good year-round, there will be some loss leaders that will make hitting the stores (or their websites) worthwhile, such as a Kitchen Aid mixer that's 40% off.
"You'll still see … better deals on BF than in these weekly sale ads," Olson says.
More from MSN Money:
I don't understand the concept of going to the stores @ 2 a.m. or such on Black Friday to stand in line for hours for the doors to open only to have a huge crowd shove their way ahead of you! Or even better shots fired @ people these days!
The sales are not all that great especially when they only have a few of those items in-store. I figure if the item that I want is there it was meant to be if not I'll go w/something else.
Copyright © 2013 Microsoft. All rights reserved.
Quotes are real-time for NASDAQ, NYSE and AMEX. See delay times for other exchanges.
Fundamental company data and historical chart data provided by Thomson Reuters (click for restrictions). Real-time quotes provided by BATS Exchange. Real-time index quotes and delayed quotes supplied by Interactive Data Real-Time Services. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by SIX Financial Information.