Maybe I am little late. I realize that “Black Friday” and “Cyber Monday” both have gone past. What I don’t get is why, unless you own a retail or online establishment, either is important.
Black Friday is not actually the busiest day in retail for the year. I believe that may take place after Christmas. It is, though, the start of the part of the retail year that brings the companies into the black. Retail profits are not great. To have a business be in the black takes almost 90% of the year. I am sure you have heard the saying, ” 80% of the work is done by 20% of the people.” Well, 90% of the profits in retail are earned in 10% of the year.
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November 27th, 2009 at 5:05 am
[...] wrote, back in 2006, about both Black Friday and Cyber Monday. Then, in 2007, I wrote about Black Friday again. So I know you are all thinking, “what [...]