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Record-Breaking Black Friday For eBay's PayPal
adeelarshad82 writes "eBay's PayPal division reported that PayPal processed 20 percent more transactions on Black Friday compared to last year. PayPal didn't release the total payment volume, but claimed that its Payflow Gateway system processes nearly a quarter of e-commerce, while its direct sales numbers reflect 12 percent of all e-commerce. In general, reports from a number of e-tailers and retailers indicated that consumers spent more on Black Friday than in 2008, when the United States was in the midst of a recession. However, it's still unclear whether shoppers bought more on Black Friday, when they could expect a discount on what usually is one of the busiest days in the holiday season, or whether the pattern will continue. In 2008, shoppers stopped buying in early December, a shock that the US economy felt well into 2009."
How did your Black Friday turn out? Did you wait in endless lines and contribute to the trampling deaths of fellow shoppers, sit at home and help take down your favorite online retailer's servers, or eschew the process altogether?
People buy on special occasions. People buy even more when they know things will be cheap.
Let me give you an example.
If a pizza place advertisers for weeks that on this exact day all the pizzas will be just $2, and there will be hookers, and there will be free beer, and there will be rock music, people will come in and buy. And they will come in as a big crowd. So big that if everyone orders a combination of sweet Italian sausage, pepperoni, Canadian bacon, Capicola ham, julienne salami, Mozzarella cheese in BBQ sauce, there will not be enough for everyone. But the business will flower and they get great returns as so many people rush in.
This same thing happens everywhere, so why not online too?
HTH: http://www.lmgtfy.com/?q=black+friday
It's actually called African American Friday these days...
I was up early and on a whim went to the local Walmart to check out this "Black Friday" phenomenon. It was a ridiculous mess of rude people and massive lines.
But it's like that at Walmart every day.
Yesterday I was cold (older houses in California are not insulated, so even though it is only 55 degrees Fahrenheit outside it is still freezing in my office.) I thought, I should go buy some long underwear. Then I remembered what day it was, and put on a hat instead. Also, a friend from Japan posted on Facebook "What is black Friday?" My answer: "It is a day Americans commemorate the blackness of their souls by leaving what should be the joy of the company of their families to spend money they don't have on shit they don't need."
San Francisco Photographers
You could also "hire" an "editor" to "clean up" your superfluous use of "quotation marks".
You zap the moderators with a wand of humor! The moderators resist!