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Best-selling Black Friday courses in 2019
Buy cheap plane tickets for 10% of their initial price
Michał Towalski
2 hours
est. price
$14.00
Learn HTML, CSS, JavaScrip & TypeScript From Scratch
Manzoor Ahmed
8 hours
est. price
FREE
Black Friday 2019 in numbers
Total Revenue
USD 86.9 billions
Black Friday Revenue Growth
5%
up nearly 5% year-over-year
Average order value
USD 214
per transaction
Money spent online
(e-commerce sales)
USD 7.4 billions
Why is it called black friday: the origin of the term?
In the past, the term “Black Friday” was first associated with the financial crisis. For you to have an idea, in 1869, two Wall Street financiers Jim Fisk and Jay Gould, together bought a significant amount of US gold to speculate that the overall price would soar. But on September 24th of that year, the US gold market crashed, and Fisk and Gould’s actions left Wall Street barons bankrupt. It was not until later years that the post-Thanksgiving period became associated with the name.
Why is black friday called black friday nowadays?
In the 1950s, police officers in Philadelphia used the term to describe the chaos that ensued on the day after Thanksgiving, when hordes of suburban shoppers and tourists flooded into the city for the Army-Navy football game, creating confusion, traffic jams, and shoplifting opportunities.
As officers had to work long shifts to control the lootings and riots, instead of taking the day off and enjoying the national holiday, they started using “Black Friday” to refer to the Friday after Thanksgiving.
The name spread throughout Philadelphia and later became known in print after an advertisement was published in The American Philatelist magazine in 1966. By the late 1980s, the term was commonly known across the nation, and retailers soon linked it to their post-Thanksgiving sales.
When is Black Friday going to happen?
Black Friday falls on Friday, November 27, 2020, followed by Cyber Monday on Monday, November 30.
What time does Black Friday start?
Black Friday sales are starting earlier than ever. But “officially”, Black Friday starts at midnight, and discounts come to a close at 11.59 pm on the same day, or when inventories run out. Although it is becoming more common many big brands now extend their deals over the weekend and, in most cases, into the Monday (Cyber Monday) of the following week.
What is Cyber Monday?
Cyber Monday was created as the online alternative to Black Friday, although deals are now offered online and throughout the weekend after the Thanksgiving holiday. This year, Cyber Monday will take place on Monday, November 30.
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