Black Friday and Cyber Monday sales mark the holiday shopping season. Holiday shoppers are searching for the best deals to save money when they are holiday shopping. It all begins after Halloween, but Thanksgiving seems to be the start of the best deals.
Retailers, online stores, and smaller retailers compete for shoppers. To attract them, they all advertise great deals, online subscriptions, low prices, discounts, and jump start sales.
Deals on jewelry, gold, luxury handbags, and designer watches are available all year long at a pawn shop, but shopping at a pawn shop during the holidays can get you an even better deal on pre-owned luxury items.
You might wonder which is better Black Friday or Cyber Monday
The History Behind Black Friday
The term “Black Friday” was first used during the crash of the U.S. gold market. On September 14, 1869 the stock market was sent into a tail spin, and many stores, small businesses, and retailers went bankrupt. There just wasn’t any extra money to buy goods and services, and business suffered. To increase profits and keep doors open, stores started advertised discounts on gift items and things that might help with holiday shopping.
The term was used in the 1950s, when police in Philadelphia used the term Black Friday to describe the utter chaos that happened after Thanksgiving. Cities were flooded with suburban shoppers and tourists. Police had to work extra long shifts to control shoplifters who made off with merchandise because of the bedlam in stores.
The connection between the term and the holiday shopping season is a bit more unclear. The Phliadelphia situation had some relationship to its use, but it’s more likely it was used in conjunction with retailers marketing around the term in the late 1980s.
Stores were operating at a loss throughout the year due to the recession, and by the holiday shopping season, they were able to earn a profit. In accounting, red represented loss, and being in the “black” meant the businesses were earning a profit. Shoppers were more inclined to spend money after Thanksgiving day to buy gifts for the holiday.
In the 80s and before, there was an unspoken rule that retailers didn’t start advertising for holiday shopping until after Thanksgiving. Stores would advertise to attract holiday shoppers beginning the Friday after Thanksgiving.
What is the History of the Thanksgiving Holiday and How Did it Affect Black Friday?
Black Friday sales and shopping didn’t initially start as part of Thanksgiving. Thanksgiving finds its roots in the 1600’s, after the colonists sailed from England to Plymouth Rock.
Thanksgiving began in 1621, when the Plymouth colonists and the Wampanoag shared an autumn feast harvest after surviving the extreme conditions of the winter, following the winter after they arrived in America.
The colonists who arrived in Plymouth Rock spent most of the first winter onboard the Mayflower out of harsh winter conditions. Without the help of the native people, none of the colonists would have survived. The native people taught the colonists how to hunt local animals, gather shellfish and grow corn, beans and squash.
Agriculture, fishing, and trading helped the small community survive, and even though Plymouth did not become a robust community like some other colonies, the colonists prevailed.
At the end of the next summer, the Plymouth colonists celebrated their first successful harvest. The celebration took place over a three-day festival of Thanksgiving. The celebration didn’t occur on the fourth Thursday in November, like it does today. It was sometime between late September and mid November 1621.
Thanksgiving Becomes an Officially Holiday
Following the first Thanksgiving festivals, Thanksgiving services continued informally for years. President Abraham Lincoln declared Thanksgiving a national holiday during the Civil War of the 1860s. The holiday was to be held on the last Thursday of November.
In 1939, President Franklin D. Roosevelt moved the official holiday to the second to last Thursday in November purely for economic reasons. The United States was in the middle of the Great Depression, and retailers were suffering. Roosevelt hoped the shift in timing would give shoppers more time to hit the stores before Christmas. Consumers were not pleased and called the day “Franksgiving.” In 1941, he changed the date back to the last Thursday in November, and a law was passed making the fourth Thursday of November, Thanksgiving.
Black Friday Sales Begin the Friday Following Thanksgiving and through Thanksgiving weekend
Black Friday is a shopping day for various reasons. Clear back to when President Roosevelt tried to change Thanksgiving Day to the Thursday prior, retailers and many stores have used the Friday after Thanksgiving as the first official Christmas shopping day and last major holiday before Christmas.
People know they can find the best Black Friday deals on Thanksgiving week, and the deals will sell out quickly. Savings can be upwards of 50% on some items, making the holiday shopping event spectacular.
Many employers give their employees the day off as part of the Thanksgiving holiday weekend, which helps encourage people to get out and get their shopping finished. Some consumers save all year long, so they can take advantage of the sale prices offered by major retailers.
Some years are better for sales than others. For 2022, experts predict inflation and supply chain issues could impact profits. However, retailers are expected to counter this by hosting even earlier sales, better discounts, deals, and online subscriptions that can help shoppers enjoy additional savings.
If shopping the Black Friday sales wasn’t enough, Cyper Monday joined the shopping mayhem in 2005. Coined by the National Retail Federation (NRF), Cyber Monday is one of the largest online shopping days of the year. Cyber Monday is purely an online affair. Ellen Davis and Scott Silverman of the US National Retail Federation and Shop organization coined the name to promote online shopping.
The purpose was to help smaller retails compete with the biggest retailers for shoppers. As expected, the big retailers quickly jumped on board Cyber Monday advertising Cyber Monday deals.
Online shops eagerly list big ticket items and smaller items with great discounts to attract shoppers. Because online shops are easily accessible for computers, tablets, and smartphones, nearly half of holiday browsing and purchasing takes place online. Consumers can shop from home, from their office, on their computers and smart phones.
There is a Black Friday deal in almost every category of goods available. From fine jewelry to smart home devices, deals are available.
During the past few years, Cyber Monday has replaced Black Friday as the biggest annual shopping event in the U.S. Cyber Monday has better deals.
What About Savings at Pawn Shops?
With the holidays approaching fast, there are many ways to save money when you are figuring out your shopping plans. Shopping starts after Thanksgiving and will continue the whole weekend.
Whether you are shopping for a loved one or a friend, there are many ways to save money. Shopping at a pawn shop can help you save cash while finding beautiful pre-owned luxury items.
There are many things you can get at a pawn shop that cost a fortune at the big retailers.
Most pawn shops, like Goldmine Pawn, offer great deals on fine jewelry. From gold, silver, and diamonds to luxury watches and fine pendants and earrings, the holiday season brings fantastic deals.
Pawn shops have a wide variety of products in their stores, so customers have a lot to choose from. The shops offer competitive prices on jewelry pieces that would otherwise cost much more in a jewelry store. Pawn shops offer subscriptions or opt-in programs to increase the savings their loyal customers can get.
Pawn shops employ experienced and expert pawnbrokers to help find the best piece for the person in your life that you’re shopping for. You will know that you’re getting the best rate and the best product on the market.
You can almost always find a beautiful luxury handbag at Goldmine Pawn. Luxury handbags hold their value over time, and people bring them in to sell outright or get quick cash. The handbags are in tip-top condition and cost less than new. If you’re looking to get some a designer purse for the special someone in your life this holiday season, check out the selection at Goldmine Pawn Shop.
Pawn Shops like Goldmine Pawn Don’t have Shipping Delays
During the holiday season, large retailers and online shops may have shipping delays or run out of inventory. Goldmine Pawn has a large inventory of pre-owned items to choose from, so you don’t have to wait on that unique gift.
Shop early for the best selection, and know that the shops inventory changes often. There is no guarantee you’ll be able to avoid the stock challenges, but it won’t be because of shipping delays, it’s because someone else purchased the beautiful item before you did.
Located in Hollywood, FL, Goldmine Pawn offers Black Friday deals, online deals, and the best deals all year long. Serving South Florida for many years, they took over Martin’s Gun & Pawn location, which has been a well known pawn shop in Florida for almost 40 years.
They offer full pawn services and the very best deals on gold, coins, gold and silver, fine jewelry, luxury items, and more. Watch their Black Friday deals and extended sales to save on your holiday shopping.