Too Many Sales It Seems

Hi everyone. In this post I want to discuss about how it seems that there are too many sales out there.

The motivation of this post is based on me seeing Black Friday week sales right now before Black Friday (Nov 27)

Sales Seems To Happen Too Often

From my observations (in the Toronto area) over the last several years, it appears that there are sales happening so often. We have the usual Boxing Day sales, Holiday sales, New Years sales, Valentine's sales, Back To School sales and Easter sales. More recent sales include Black Friday sales, Cyber Monday, and Amazon Prime day sales.

More recently I have been seeing Chinese New Year sales that are catering to the Asian shoppers in the Toronto area.

Sales Events Get Extended

Not only it seems that there are more sales out there but some of them are extended! Boxing Day turns into Boxing Day Week which sometimes lasts more than a week. There are Black Friday sales that start before Black Friday and is sometimes called Black Friday Week.

It seems that these stores want you to get sucked in to those deals. Lines such as "Hop on to these Black Friday deals now!" and "Don't miss out on these deals!" are used. Is it desperation from retail stores? I don't know. (I find it annoying when they sell the fear of missing out on sales.)

Image is a screenshot of the Best Buy Canada home page.

Some Sales Are Not Good Deals

With so many sales popping up often, you wonder if these sales are any good. Sales events are not really scarce which reduces the perceived value of the sales (in theory). You never know too if some of the sale prices are actually regular prices from where they raise the regular price and put a sale on it back down to the regular price.

Purchase Timing

Being able to time your purchases is a modern life skill. (Timing is not just for stock markets and cryptos.) Knowing your prices over time helps so you know if a price of an item is at an all time low or near it. Consider computer parts as an example. You could use a spreadsheet or notepad to track the price of a certain CPU chip. When a sale appears where the price is at an all time low or near it, you could make that purchase. (Why pay more for the same item?)

Sometimes you can find good deals on sales outside of the Black Friday, Boxing Week, Back To School Season sales. Stores do have sales in order to clear inventory. Timing your purchases is tricky at times. Buyer's remorse happens when the price of an item goes lower than the price you bought it at your time of purchase.

Thank you for reading.

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