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wander9077 OP t1_ixtxc97 wrote

Online sales for Black Friday are expected to top $9 billion, a record for the industry, Adobe said.

Mobile shopping also hit a record high this year.

Shoppers bought Apple products, espresso machines and gaming consoles, as well as toys from Funko, Hatchimals and Squishmallows.

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Yousoggyyojimbo t1_ixtxdfw wrote

Doing Black Friday throughout the whole week is awesome. I hope we continue to eliminate the opportunities for people to trample over each other just to buy shiny new shit.

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DynoMiteDoodle t1_ixtxfdt wrote

Inflation overcomes actual sales and consumer confidence. Very interesting

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Safety_Drance t1_ixu0e9o wrote

Replying to Yousoggyyojimbo (#682,006)

But it's all just items with no discounts, just inflated prices brought back to over their usual price with "sales."

They just upped the price and then crossed that price out and brought it "down" to over what the original price was to begin with.

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Laser_Souls t1_ixu0sz1 wrote

Well when your options are shopping from the comfort of your home or standing in long lines and dealing with tons of crowds and traffic, it’s not really shocking. It also helps that it’s easier to compare prices for most stuff online.

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Nani_the_F__k t1_ixu1voz wrote

Replying to gothstonerbabe (#682,440)

I bought 9 books I was going to buy anyway at buy 2 get 1 free. So I got 3 books for free that I would have bought at full price if they weren't on sale.

I also got a signed copy of a book I've been holding off on because it was part of the store's sale.

If people plan out their shopping and don't impulse buy things they don't plan to already get its a great deal. I also buy my socks and Tupperware during black Friday if I'm in need of those things.

Not everyone is mindless about it. I didn't even need to go in early with the rush. I waited until mid afternoon and casually shopped around for things.

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Mr_Bad_Example20 t1_ixu20t7 wrote

But wait, I thought people were starving and had no money to pay for rent, gas, groceries, and fuel to heat their homes ?

−12

SEND_PUNS_PLZ t1_ixu3gsy wrote

Record is more inflated than the thanksgiving day parade

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Grouchy_Occasion2292 t1_ixu3nks wrote

Replying to Mr_Bad_Example20 (#682,515)

It's called credit. The vast majority of Americans are over leveraged.

https://www.deseret.com/u-s-world/2022/8/1/23287145/latest-inflation-report-explained-americans-are-over-leveraged-and-still-spending

And 48% of Americans that make 100K or more are still living paycheck to paycheck

https://ir.lendingclub.com/news/news-details/2022/48-Percent-of-Americans-with-Annual-Incomes-over-100000-Live-Paycheck-to-Paycheck-9-percentage-points-higher-than-first-reported-in-June-2021/default.aspx

It's almost like we're living in a house of cards and at some point it's all going to come crashing down...

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Ragepower529 t1_ixu44ja wrote

2.3% spending over 7% ytd inflate. So spending is actually down

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madmax77xll t1_ixu660z wrote

Op sthu. Why are we talking about projections when it's already over???

What are the actual numbers

−2

usrevenge t1_ixu6giy wrote

Replying to Nani_the_F__k (#682,497)

Yea people spout the same shit on reddit repeatedly about black Friday but it is objectively the cheapest time to buy a lot of different things.

I bought some gaming stuff for the cheapest prices they have ever been. And I did my yearly purchase of a year supply of shampoo and body wash that I like. 12 bottles for $80.

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usrevenge t1_ixu6jf3 wrote

Replying to Laser_Souls (#682,387)

Lines weren't even long.

The longest line we stood in was 1 person deep. Walmart we literally walked to self checkout and was done in a few seconds because we only had a few things.

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AussieJeffProbst t1_ixu8yf5 wrote

Replying to usrevenge (#683,003)

I've been waiting for black friday for discounts on storage for my NAS. Picked up a 14TB drive at a really great deal yesterday.

Also giant bags of dog food from costco.

The sales this year aren't amazing due to inflation, but hey they're still sales.

4

Generic-account t1_ixu9f2m wrote

Replying to Nani_the_F__k (#682,497)

Yeah. If you buy something you were planning to buy anyway at 50% off, you've saved 50%. If you buy something you weren't going to buy anyway just because it's 50% off, you've wasted 100%.

This, bless her, is my mum. "I got a blue ceramic chicken at half price! Look how much I've saved!"

Me : SMH

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AussieJeffProbst t1_ixu9fd4 wrote

Replying to Grouchy_Occasion2292 (#682,696)

I think the bigger takeaway from that is that 77% of people making under $100k are living paycheck to paycheck.

It's hard to get an exact figure but somewhere around 95% of Americans make less than $100k.

There are about 160,000,000 working Americans.

95% of working age Americans = 152,000,000

77% of that = 117,040,000

So about 117 MILLION Americans making under 100k live paycheck to paycheck. That number is insane.

Sources:

https://tradingeconomics.com/united-states/employed-persons

https://flowingdata.com/2022/01/26/how-much-americans-make/

Edit: Lol why is this downvoted so hard? You guys hate facts?

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NextTrillion t1_ixua1kx wrote

Replying to Safety_Drance (#682,339)

Not all the stuff I saw. Some stuff was indeed a headscratcher. I was floored by some prices. Other stuff was ridiculously low priced. Like as if one of the bean counters was thinking; “we need to clear all this crap stock or we’ll be holding onto it all until next year.”

Lots of 80% off sticker price, and the sticker price wasn’t crazy unusual. This one store sells pocket knives at the exact same price they sold them for the last 5 years. Again, could be overstocked, but they’re so cheap I bought 20 of them. My partner sells them online at a decent markup. Bought a $10 power bank. Never seen them that low for an 8Ah battery pack. I’ve bought a few of them before, so I know it’s a good brand. Decent little unit for $10, and not too big either (only 30Wh)

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NextTrillion t1_ixuac2c wrote

Replying to lordenki40 (#682,467)

I found some of the best deals I’ve seen in 5 years easily. Lots of good stuff out there. Companies need to clear it out. Possibly they’re significantly overstocked?

Still, no way I’d be so cynical after seeing the deals I got.

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NextTrillion t1_ixuaxq0 wrote

Replying to usrevenge (#683,003)

On top of all the decent deals I saw, the parking lots were PACKED. I had to walk forever to get into the shops, and then had to pack shit out back to the car, walking 10 minutes back in strong winds lol.

And hey, no one broke into my car to get the shit out either, so I guess things aren’t that bad out there.

0

twistedfork t1_ixuetx3 wrote

Replying to Nani_the_F__k (#682,497)

PetSmart had buy 3 get 2 free on treats and I have 3 dogs. They were definitely on sale and I'm going to buy my dogs treats anyway. (Cat litter also goes on sale for any cat people)

I also got a set of sheets and a carpet cleaner I've been eyeballing since April.

I used to show up at 9am for black Friday sales. After the craziest people left but plenty of time to shop. This year I did everything online and chose store pickup so I only had to stop by a few stores.

1

SpaceObama t1_ixufuig wrote

Replying to usrevenge (#683,013)

Yeah, but the reason your Walmart had reasonable lines is because of online shopping.

I know quite a few families that do the order online, pick up in store method. My local Walmart even loads it into your car, you just pull up to a spot. They do all their shopping this way.

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Jgabes625 t1_ixufvqe wrote

At macy’s I saw childrens shirts that were 60% off of $45. There is a zero percent chance I can believe that shirt was ever worth $45.

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Zumaki t1_ixugffx wrote

Replying to wander9077 (#682,001)

>Shoppers bought Apple products, espresso machines and gaming consoles, as well as toys from Funko, Hatchimals and Squishmallows.

Someone went to Target and walked around looking at what people put in their cart, and called it an analysis.

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BoyTitan t1_ixuh0gf wrote

Replying to Safety_Drance (#682,339)

Depends what you get I have never had a black Friday where cpu, motherboard and ram don't cost me around 300 and I been buying computers for years. The i5 I currently got is better price to performance than what I got way back in 2014 by a lot that's pretty good price consistency. My intel core i5 4460 cost more at the time, than what I paid today for a 12400f. I have bought computers at different times 2014 was just my best year till now. Now GPU prices are absurd currently but that's the consumer fault and not all inflation. Consumers showed during the gpu shortage they are willing to pay a lot more giving scalpers triple and more for cards. So companies started charging more at base price.

1

Mr_Bad_Example20 t1_ixuhe5c wrote

Replying to AussieJeffProbst (#683,334)

If you're living paycheck to paycheck, and can't afford basic necessities like food, electricity and heat but you're blowing money on black Friday to charge crap then you'll get little sympathy from me. I'm by no means wealthy but I haven't charged 10's of thousands of dollars on junk either.

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DRSU1993 t1_ixuhj9r wrote

I’m going to the one place that hasn’t been corrupted by capitalism!

…SPACE!

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stinkbonesjones t1_ixuhu1c wrote

Replying to GreenOnionCrusader (#683,836)

I was just looking at external hard drives that were supposedly marked down 45% and I realize it's exactly the same price within $3 of the same hard drive I looked at in Best buy a couple weeks ago. (Which was not on sale) Then I went to look at tools by DeWalt and realized that they're marked down prices once again we're in the same neighborhood as regular prices at Lowe's. Used to be some real deals out there on Black Friday but I feel like it's a lot of bullshit now.

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Ipokeyoumuch t1_ixuotcp wrote

Replying to killa_cam89 (#684,717)

I mean it is Nintendo. Their products rarely go on sale and when it comes to consoles it is extremely rare to have a price drop. However, many stores will add a game or two to sweeten the pot, especially during holiday season.

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e_x_i_t t1_ixup4vy wrote

Replying to switch8000 (#684,777)

It was fun until I saw that video of a mob of people that literally busted the doors at a Walmart open and trampled over a janitor. Apparently getting their hands on what's essentially junk a few minutes early was more important that poor guy's life.

I also witnessed customers literally tearing a display stand to pieces and then collectively throwing the entire thing to the side like they were wild animals that just finished devouring their prey. A buddy of mine got stuck in the middle of it and pulled some kid out of there that was being violently shoved around by grown adults.

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patssle t1_ixup96a wrote

Replying to stinkbonesjones (#684,554)

I checked some items on Amazon that I purchased previously. They absolutely were bumped up then marked down for Black Friday... Coming out to the same price I paid 6-12 months ago.

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ekaceerf t1_ixuqzlg wrote

Replying to Jgabes625 (#684,230)

I bought new pants from Macy's. I paid $49 for them a few months ago. I've looked at them on and off again for awhile. Last week they went up to $90 for 1 week and then were marked at 50% off for black Friday.

Macy's does that with almost their entire inventory. Mark the item way up for 1 week out of the year and then mark it 30 to 60% off the rest of the year.

The jcpenny mistake showed that honest pricing doesn't help sales

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StewofPuppies t1_ixuueh2 wrote

Replying to Safety_Drance (#682,339)

One black friday sale from a website stated "Up to 55% black friday sale!"

I've been getting email from them for several months and the same product that's being advertised as up to 55% off was the same product that's been 55% off for the whole year. The next biggest sale to that was 20% which has also been there for the whole month so far. Granted the platform/site is great and have amazing customer service/return policy/etcetc but it's one of those sites that has a "constant sale" on some items. Like that's not a sale.

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Xero_id t1_ixuxati wrote

Replying to SpaceObama (#684,220)

I work for walmart and most of the black Friday stuff ( tvs & ps5s) were gone on walmart+ online with pickup on Tue or Wed. There's was like 80 total people in the store through 6am to 10am, it was dead.

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TheJadedSF t1_ixv4bd1 wrote

Everyone knows the good shit never goes on sale.

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JennJayBee t1_ixv4y1o wrote

Replying to usrevenge (#683,013)

I ended up going out yesterday as well because I needed to get dog food, but I purposely waited until after lunch just in case. The roads and stores were the most abandoned I've seen them in years. I even dipped into Sam's to grab a few more things, and I ended up walking around for the hell of it because it was just so nice to be able to navigate it without the crowds.

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LegoBrickCactuar t1_ixvi8uv wrote

Replying to cranberrydudz (#689,350)

Its a perfect storm of pandemic, inflation, and lack of exciting products. There's nothing that exciting to buy. For example I have a PC and I guess I'd like a few upgrades, but I'm not paying $1500 for a graphics card. Alot of things are nearly double the price they were in 2019 and its dumb. I'd argue fake inflation, since people are getting wise to this crap and opting to wait or just live with what they currently have.

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LegoBrickCactuar t1_ixvjvzv wrote

Replying to ekaceerf (#685,979)

Kohls does the same. You have to know how to beat them. $100 pants marked down to $60 buy one get one, then use a 30% off coupon, so its like $35 a pair. Kohls still makes a ton of money on this so I walk out if the deal isn't at least this good.

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ekaceerf t1_ixvkful wrote

Replying to LegoBrickCactuar (#690,270)

I saw a 24 month set of pajamas. 90% off in the clearance section. It was marked down to $5.99. There is no way a frozen pajama shirt and pajamas pants for a 2 year old had a normal price of $60

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Aleashed t1_ixw0bhb wrote

Replying to Mizral (#685,677)

They can’t advertise or sell Switch for less than MSRP. Best they can do is bundle other stuff you likely don’t need or want to increase the “value”

It’s stupid, I just bought an used Switch for $250.

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girlfromspfd t1_ixwbyr2 wrote

Replying to Jgabes625 (#684,230)

I worked at Macy's for a few years and enjoyed it.

I especially remember a 100 piece silverware set that has a $100 pricetag, is usually on sale for $29.99, and is a $19.99 doorbuster deal on the one day sale.

All the prices are completely made up. It's just silly honestly.

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SpencerBarret t1_ixx1m2h wrote

Replying to [deleted] (#683,228)

Adobe Analytics is one the leading (if not the leading) e-commerce analytics products. They provide the software that allows retail companies to track their sales volumes. Adobe has visibility into retail sales in the same way TurboTax has visibility into tax trends. So one thing is factual at least.

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some_onions t1_ixy6awq wrote

Replying to killa_cam89 (#684,717)

The Switch is very overpriced and outdated at this point. $300 for a console built on 2015 smartphone parts. There hasn't been a price drop or significant hardware revision (in terms of processing power) in the entire 6 years since it's release. At this point you're better off waiting for the Switch's successor. Or better yet, you could put that $300 towards a PC and emulate Switch games at 4k 60fps (a better experience than the actual console).

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