What is Black Friday?
If you’ve ever seen chaotic scenes on television or online of frantic shoppers literally fighting each other to grab the last sale item, you’ve probably been watching footage of a Black Friday sale. This is the biggest day on the American shopping calendar, with major retailers offering whopping discounts (some as high as 80 per cent) right across the store on everything from smaller everyday goods through to big-ticket items.
It doesn’t stop on the Friday, either. The sales keep on rolling over the weekend and finish on the Monday with ‘Cyber Monday’ – so called because the bargains on this day are predominantly online, so there’s even more opportunities for armchair shoppers.
When is Black Friday?
Black Friday is always on the day after Thanksgiving (a major US holiday), so this year the shopping fun kicks off on November 24.
How can Aussies get in on the fun?
Of course in this age of online shopping, there’s no real need to queue up and do battle with fellow shoppers (even if some shoppers may still love the in store challenge), with many major US retailers offering equally tantalising sales online as well. With a bit of forward planning, Aussie shoppers could take advantage of some of the savings as well..
Tips for making the most of the Black Friday sales
- Research in advance and compare sites – a number of retailers in the US who take part in Black Friday give details of their sales and deals in advance, so check around different sites well in advance to know what you’re after and where you can get the best price.
- Will it work in Australia? – Keep in mind that if you’re in the market for electronics, not all of them will work in Australia.
- Do they ship? – Find out what the shipping policy is – do they ship to Australia ? – is it complimentary or will you pay for it and if you’re paying – how much? You’ll need to factor both these into your decision to shop from that site.
- Find out exactly how much that bargain will cost - Before shopping overseas check what your transaction costs will be for purchases from overseas. Things to consider include currency conversion fees and foreign exchange rates.
Shop like a local with the Global Currency Card
If you’re shopping online on overseas websites, you may want to consider a Global Currency Card, with the ability to lock in your exchange rate ahead of time. This can be helpful when budgeting.