Interested to know what folk think about the Black Friday sales? I sell through Etsy and they push it hard every year. I see more and more companies refusing to participate and other companies having 'non black Friday' sales! Lol.
One company I know sell expensive recycled items, great quality but very expensive. They posted on Facebook that they disagree with such sales as products should be priced 'fairly' in the first place. A valid point I thought but easy to say when your products retail for such a high price and are in great demand!
I'm on the fence right now. Obviously I see the benefits of sales and I do reduce products regularly but do we need to jump on this bandwagon yet again?
Always reminds me when I a teenager working for H. Samuel selling crap (Yes, if the MD can say it I can repeat it!) The shops were on sale 12 months of the year, we were constantly changing the banners, Xmas Sale, New Years Sale, Valentines.....you get the idea. I'm sorry to say it worked though.
I can't help but think it's a chance for companies to get rid of slow moving stock, not necessarily a bad thing. Just heard on the radio that most items in black Friday sales are no cheaper anyway, I guess you have to be careful.