Those who have lived in Australia for many years know that Melbourne is a city of joy with various of events, festivals and gigs. For the serial shoppers out there, Boxing Day and Cyber Monday are two of the most anticipated dates of the year because gifts for loved ones can be purchased at a discount. Black Friday and Cyber Monday fall on Friday 25th of November and Monday 28th of November, respectively. Both events are amongst the busiest shopping days of the year in Australia, the difference only lies in its platform, while Black Friday sales typically happen offline, Cyber Monday takes place online. National chain stores traditionally offer a limited wide range of goods in an attempt to get shoppers into stores while providing comparable deals online.
Black Friday was first used in reference to the crash of the U.S. gold market on September 24, 1869. The connection to the holiday season is a little vaguer, but the use of the phrase Black Friday in relation to a widespread sales event might have originated in the early 1960s, when Philadelphia police officers reportedly used it to describe “the chaos that resulted when large numbers of suburban tourists came into the city to begin their holiday shopping,”. In the late 1980s the event became associated with the idea that stores operate at a loss throughout the year, but are able to earn a profit on the day after Thanksgiving, as it is when shoppers are most likely to spend money on gifts.
The term “Cyber Monday” started getting used in 2005 by the National Retail Federation (NRF), which needed a name for the flurry of online sales that takes place the Monday after Thanksgiving Day. On this year, NRF credited faster internet connections and this attracted online shoppers.
The online merchants wanted a chance to earn the same profits retail stores were making on Black Friday and customers were happy to shop from the comfort of their homes instead of standing in huge lines.
Deals We Can Expect
Black Friday deals typically involve massive discounts on the most recent technology, such as new 4K and 8K TVs, smart home devices, laptops, desktops, and tablets. If you want to refresh your home entertainment setup or give your PC a much-needed makeover, you should take advantage of these offers.
Given that Black Friday and Cyber Monday are just days apart, many retailers opt to combine the two events. You will notice that many deals are still labelled as Black Friday sales, even when they occur on Cyber Monday. Think of Cyber Monday as Black Friday’s sister. Both sale events occur over the same long weekend and there are always loads of amazing deals to secure.
Some companies will extend their Black Friday deals over the weekend and into Cyber Monday, while others will launch entirely new, eye-catching promotions to compete with their prior offerings. We may anticipate numerous discounts on companies such as Apple, Dyson, Bose, Cotton On, Myer, Amazon, and many others.
Shopping Tips for Australians
The first suggestion is to just buy what you need. You may think you’re getting a great deal, but in the long run if you don’t get any use out of it, it’s simply not worth buying. The second step is to avoid using credit whenever possible. If you have to pay interest on your purchases, you are not saving in the long run. If you do use credit, for example, to earn rewards, make sure you can afford to pay it off immediately or before the due date.
Yes, sales are designed to entice you to spend more money. However, if you are wise, you can use them to your advantage and save money. Black Friday and Cyber Monday are relatively new in Australia, and while some of us may be hesitant to participate, you can save a lot of money on a variety of things that you need.
In Australia, as indicated above, we have specified dates for both Black Friday and Cyber Monday this year. However, offers frequently begin before the actual day, so if you are seeking to purchase something in particular, it is a good idea to keep an eye out ahead of time. If you miss out on a local sale, don’t fret – retailers in the US generally operate a day behind Australian time, so you can still catch the sales for at least an extra day. Amazon, eBay, and traditional Australian retailers are all good places to look for savings. Don’t forget about supermarkets! If you shop ahead and score some amazing deals on Black Friday, you can save money on food throughout Christmas and the New Year.
Here are some additional tips for you to consider:
- Write a Shopping List
Smart shopping is about buying what you need, so start by writing a list of all the things you need or have been putting off purchasing. Once you have written a list of things you need, the next step is to prioritize it. If you can only afford one item, which is the most important one on your list? If you are going in-store to purchase, what is the one item you do not want to miss out on?
- Set a Shopping Budget
Most of us have wish lists longer than our budgets. Therefore, it is wise to know before you go shopping exactly how much you have got to spend. If you spend more than you have budgeted, that can mean paying interest on purchases and interest eats into any savings you may have made.
- Track Your Spending
Once you have created a shopping budget, you are going to need a way to make sure you do not go over it! You can write down your purchases to keep a tally of what you buy, or you can use a money app to account for your spending. Consider using Goodbudget as one of the tools that you can use.
- Research Sales and Purchases Beforehand
Avoid paying more than you have to by doing your research well before the sales. You have already got a shopping list and a budget – this narrows your research down. When researching sales beforehand, create a shortlist of potential brands/styles or models.
- Wear Comfortable Clothing
If you are spending the day wandering stores, you will thank yourself if you wear comfortable shoes and clothing. If you are planning to try on clothes, then easily removable clothes and shoes are also a good idea.
Now that you have all the know-how, why not plan ahead and take care of some Christmas shopping at a discount for your loved ones back home? Of course, even if Christmas shopping is a bit out of your budget this year, your presence back home this holiday season is the best gift of all to your family. Check out our incredible flight deals to and from India starting from $999 and make some precious memories with your loved ones this holiday season!
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