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Post by petermoire05 on Nov 27, 2014 4:34:13 GMT -5
On both days retailers have 'special deals' that are super cheap and this is the 'bait' that they use to lure shoppers to their retail stores or to their websites. These special deals are called 'loss leaders' which means that, even if the store doesn't make a profit on them, they bring customers in who will then shop and buy other items. In that way they can afford to lose money on a few items because, in the end, they sell many more items at regular prices. pandora black friday saleSince its inception in 1975 in Philadelphia Black Friday has grown every year until around 2005 when it was proclaimed to be the actual busiest shopping day of the year. Retailers have been known to have a 'good' year or a 'bad' year financially all because of this one day and so it has gained high importance for many of them. pandora black friday charmCyber Monday has only been around for a few years in comparison but has grown very big very fast as electronics have become ultra-popular as well as online shopping. Again it's one of the biggest shopping days of the year and, along with Black Friday, makes up the bulk of the sales during the Christmas / Holiday shopping season. pandora bracelet cyber monday
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