Saturday, November 30, 2013

Black Friday is a hoax and a rip-off...

The multitudes of Americans who brave the freezing cold and the rampaging mobs in the belief it’s all worth it to get a great ‘deal’ on electronic goods they don’t really need and can’t afford are victims of a gigantic scam.

Black Friday is a hoax.

While believing that they are paying far less for high-end consumer products, shoppers who throw themselves on the altar of Black Friday madness today will in the aggregate be paying more for such items than they would at other times of the year.

As Bloomberg Businessweek reports, despite the hype, despite the coupons, despite the “friends and family deals,” the profit margins of large retailers are actually higher during the holiday period. The idea that big stores are losing out in order to provide Americans with massively discounted goods is a complete hoax. Full story...

Related posts:
  1. The dirty secret of Black Friday "discounts"
  2. Crowds in China fight their way to grab piece of free cake...
  3. How advertising turned anti-consumerism into a secret weapon...
  4. Black Friday shopping rampage in the USA...
  5. The Good Consumer. Are you one?
  6. Chaos in Turkish store that bargained off...
  7. Russia: laptop sale, 80% off! But there are only 10 of them available... 

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