Black Friday 2023 Purchase: The holiday shopping season usually begins on this day. Thanksgiving Day, an established trip that times up to 1863, during the American Civil War, when President Abraham Lincoln declared the final Thursday of November to be a time to express gratitude and seek treatment, is being observed today. Over a beautiful dinner that includes traditional delights like roast turkey, among other products, the persons celebrate this day with their loved ones.
Black Friday is observed this year on November 24. Many stores offer significant savings on Black Friday. This Black Friday custom has been practiced in India as also over the past few years. In India, the Black Friday sales lasts for an average of three to five days.
According to Zee Business Research, curiosity in Black Friday sales is increasing not only in Tier 1 cities but also among Level 2 and 3 cities. This time, shops are placing significant bets on the idea that the holiday shopping season will continue to pick up steam.
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Many businesses and shops are providing discounts of up to 50 %. According to reports, stores accounted for more than 60 % of Black Friday sales in 2022.
Black Friday sales: Major product types are expected to grow.
Sales of clothing, girl, and beauty products are all expanding significantly, according to the research desk. The growth in fashion is anticipated to increase by 31 % as opposed to 29.2 % in 2022.
Sales for baby and toy products are also anticipated to increase by 28 % from 10.4 % last year, and sales for cosmetics are predicted to rise by 14 % from 7.4 % in 2022.
On Black Friday, which businesses are placing large bets?
-Nykaa is having a price on Pink Friday.
Under the” Golden Friday price,” Bewakoof, which has a sizable selection of branded clothing for men and women, is giving its goods discounts of 50 to 80 percent.
Great deals are also being offered by companies like Tata CLiQ, Amazon, Flipkart, Apple, Croma, Vijay Income, Adidas, Puma. Mark & Spencer, and H&M.
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