Black Friday used to be a one-day shopping frenzy but now the sales event takes place over several weeks. This can make it tricky to know whether to wait until the day itself this year– Friday 28 November – or aim to bag a better deal in advance.
Shoppers are expected to spend an average of £299 over the Black Friday weekend, up £83 on last year, according to predictions from the online shopping marketing platform Omnisend. This includes Cyber Monday on 1 December.
If you’re planning to use Black Friday as a chance to get a deal or get ahead on Christmas shopping, when is the best time to buy? We asked money and retail experts.
BLACK FRIDAY STARTS EARLY
Note down everything you want to buy and start tracking prices. Liz Hunter, of the price comparison site MoneyExpert, says retailers often start Black Friday sales at the beginning of November, both in store and online, so you should be able to find a bargain now.
Megan Micklewright, a financial influencer who has partnered with online electricals retailer AO, says: “Start early and stay alert. Many retailers release deals weeks in advance. Get ahead by signing up for retailer newsletters and setting deal alerts.”
Amy Peebles, a budgeting coach with the savings club Park Christmas Savings, recommends tracking prices on your wishlist items for several weeks before Black Friday using price comparison tools or browser extensions. That way you will spot if a supposed “deal” is just a return to the normal price. Examples of price trackers include CamelCamelCamel and PriceRunner.
Daniel Todaro, the head of retail consultancy Gekko, says small domestic appliances such as toasters and kettles are popular with buyers and a good deal can usually be found.
Gekko’s analysis of more than 17,000 electronics products across the UK’s biggest retailers found that the average price drops by 5.6 per cent between the first week of November and Black Friday. So if you’re after an air fryer or blender, you may not need to wait for the big day to get a discount.
THE SWEET SPOT: THE WEEK OF BLACK FRIDAY
When it comes to big-ticket items such as home entertainment and laptops, it might be worth waiting until the week of Black Friday itself.
“Big-ticket items such as TVs, laptops and appliances often have the deepest discounts from the Monday before Black Friday through to Cyber Monday,” says the consumer champion and author Martin Newman. “By the time Black Friday itself arrives, the most popular products and sizes are often gone.”
The Monday before Black Friday had the most offers available last year, says Zoe Morris, a spokeswoman for the VoucherCodes website. “But if you’re looking for the biggest saving possible, then holding out until Black Friday could pay off. “On Black Friday itself, VoucherCodes customers save more money than any other day of the year, with deeper discounts on offer from retailers.” Timing is everything, according to Luke Elliott, the vice president of e-commerce in Europe at the retail analytics firm Pattern. He says: “While brands start promotions weeks in advance, the biggest discounts typically land on Black Friday itself.
“For fashion, toys and beauty products, Black Friday through to the lead up to Christmas is prime time – that’s when brands compete hardest for holiday shoppers.”
WHAT’S POPULAR
During Amazon’s Black Friday week last year, which took place between 21 November and 2 December, the best-selling items included the Amazon Fire TV Stick 4K (inset), Maybelline Sky High mascara, the latest Echo Dot voicecontrolled smart speaker, and the Ninja Foodi Dual Zone Air Fryer. But did shoppers get good deals?
The data suggest it could be worth waiting until the Black Friday week. According to CamelCamelCamel’s price tracker, the Ninja Foodi Dual Zone Air Fryer was cheapest on 29 November 2024 at £100. It is currently £129 on Amazon.
The Echo Dot’s cheapest price was £22.99 at John Lewis on 29 November and 1 December 2024, according to PriceRunner. It currently costs £54.99 on both John Lewis and Amazon.
BLACK FRIDAY OR CYBER MONDAY FOR BETTER DEALS?
Cyber Monday comes just a few days after Black Friday, so should you wait until Monday 1 December if you’re buying tech? Gekko’s analysis suggests that it may be worth waiting.
Laptops were marginally cheaper on Cyber Monday than on Black Friday last year – with an average extra 0.7 per cent off, a saving of about £6. TVs were also cheaper, by an average 1.9 per cent, or about £17.64. Microwaves were down 16.6 per cent, saving £52.
Gekko adds that Curry’s was the best retailer for laptops last year, with prices down by 4.2 per cent on Black Friday and by 4.8 per cent on Cyber Monday. Curry’s and AO were the best for TVs, with prices as much as 1.9 per cent cheaper on Black Friday and 2.4 per cent on Cyber Monday.
If you miss the November rush, don’t panic. Mid-December can bring hefty discounts on seasonal stock, such as Christmas decorations, partywear and winter clothing as retailers scramble to clear shelves before the new year.
KEEP A COOL HEAD
The way to get the best deal is to be clear about what you need or want, having read reviews online and checked the product specifications. Ideally you would be familiar with typical prices of the product, either because you know the brand well or have been tracking price movements, so you know whether it is a truly good deal.
Don’t be distracted by tricks to create a sense of urgency or pressure, such as “too good to miss” tag lines or a digital clock display showing time is running out on a deal. Stick to your planned shopping list and you should avoid buyer’s remorse.
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