Have you ever heard of the Black Friday calculator? This tool can be very useful when it comes to deals and sales on Black Friday. With this amazing tool, you will be able to shop in a more sensible way and save money.
In fact, this finance calculator combines many different kinds of offers and deals, making sure the customers are completely covered for their shopping decisions. From common triple and double discounts to 4 for 3, 3 for 2, 2 for 1, and % off, this comprehensive tool includes a wide range of popular Black Friday offers.
However, when talking about Black Friday, it is important to note that it is also a feast day for dealers, not just for buyers. Vendors do their best to make offers convincing by using different marketing tricks. This results in a variety of dodgy or fake deals. Research has found that many popular items are available at a lower cost throughout the year.
With that in mind, you should avoid being overwhelmed by the shopping frenzy. In addition to researching extensively and using your common sense, make use of the Black Friday calculator to find out whether the special offers are genuine.
What Is Black Friday?
Before taking the plunge into calculations, we will say a few words about Black Friday. So, what is it?
Black Friday is a shopping day that is very popular in the United States and Canada. It usually falls on the day after Thanksgiving, and it is traditionally the busiest shopping day of the year. During this day, people are thankful for everything in their life.
The idea behind Black Friday is to offer huge discounts on popular items like electronics, clothes, toys, and more. Retailers hope that these deep discounts will attract shoppers who are looking for deals after spending money on gifts during Thanksgiving.
The origin of Black Friday dates back to the 1930s when people lined up outside stores on Thanksgiving evening to get a head start on shopping. This tradition eventually turned into Black Friday as we know it today. The term “Black Friday” was coined in the 1960s by police officers to describe the crowds and traffic congestion on the streets of downtown Philadelphia.
What Deals Options Does Black Friday Calculator Include?
Prepare in advance for Black Friday. Compare the offers and look for the best deals. We have created the Black Friday calculator to make your life a whole lot easier. It includes different types of deals. Check it out!
% off (or simply discount)
Use simple operations to calculate the final price and savings in percent. For example, -30% off pants, so pants *70%
% off on 3d product
The form is as follows: “Buy one, get 2nd X% off.” For example, if you want to buy a jacket (X), get 30% off the second, so the calculation will be: X +X * 70%
Double discount
If you come across an offer like “30% + 50%,” it is not to say that the vendor does not know how to add 30 to 50. This means the original discount was 30% off, and then the new price was decreased by 50%. So, the effective discount isn’t 80% but 65% in total.
Triple discount
As the name implies, discounting happens 3 times. Let’s say you want to buy wireless earbuds and their initial price was $40. If the triple discount is 5% + 5% + 10%, the final price will be $32.49.
Discount on multiple units
There are also Black Friday deals where you buy a certain number of the same product for a reduced price. For instance, you may find a discount on coffee mugs so that 10 mugs can be purchased for $100, while the regular price per item is $12. That will save you $20.
There are also other popular deals options like:
- 4 for 3
- 3 for 2, and
- 2 for 1
Example:
- Original Price: $1000
- Discount: 0.1%
- Sales Tax (if not included in Original Price): $0
- Final Price: $1000
Black Friday = Price – (Price * Discount)
Saving = Final Price – Black Friday
In our example, Black Friday (the amount you pay) is $900. You save $100.
Things to Consider When Shopping on Black Friday
Before making a purchase, you need to check:
- Hidden costs and sales taxes
- Minimum order amount and the cost of delivery
- Fake discounts – sometimes the original prices are artificially increased
Tips on How to Avoid Getting Caught Out by Black Friday Marketing Tricks
With so many exclusive sales and ads, it can be difficult to maintain moderation and think rationally while shopping. Below are some sales tricks:
- Get one for free by purchasing one! While this is a good way to get something for free, you are still paying. Remember that you will only get a small discount (or even no discount) because the basic prices are often inflated.
- On Black Friday, many people are tempted into buying things that they don’t really need just because they’re discounted. But think twice before reaching for your wallet to avoid getting trapped by marketing tricks like time-limited deals and limited offers.
- Be wary of price reductions. Many of them are false due to inflated sales. To make their deals more attractive and grab the attention of consumers, retailers often use this trick. That said, use price comparison apps and our Black Friday calculator.
FAQs
When is Black Friday?
It is the 1st Friday after Thanksgiving. In 2022, Black Friday will be on November 25.
How Black Friday Got Its Name?
You might be wondering why it is called Black Friday. As we have mentioned earlier, Black Friday is the day after Thanksgiving. The name Black Friday comes from the fact that retailers often have huge discounts on all their items, which makes it a very profitable time for them.
Until the late 1980s, retail sales didn’t experience a positive boost across the nation. It raised the need for a shopping holiday that will surpass Black Monday, Black Tuesday, Black Wednesday, and Black Thursday. That’s how the Black Friday shopping spree has been organized. Retailers also use this day to stock up on inventory to prepare for Christmas and New Year’s Day, which are peak shopping days.