Is Black Friday/Cyber Monday the best time to shop?
Hello, Dollabuzz readers and holiday shoppers! Zach here trying to help you save money this holiday season. Black Friday and Cyber Monday are advertised as two of the biggest shopping days of the year. Sales are aplenty and everyone wants the “best deal”. That is great and all…but is it really the “best” day to finish, or possibly start your holiday shopping?
The Dollabuzz Study
Over the past couple of days, we have been documenting the prices of a few different popular items.
- Keurig K55 Brewer/Keurig K50 Brewer
- Samsung 4K Ultra-High-Def TV
- Fitbit Charge 2 HR
- Yeti Rambler (30 oz)
- North Face Men’s Resolve 2 Jacket
- North Face Women’s Resolve 2 Jacket
- Apple Watch S3 – 42 mm
We have been keeping track of these popular items on big retailers websites; Amazon, Target, and Walmart. All in an attempt to see what happens to prices as the prime holiday shopping season approaches. Interestingly enough, Amazon shows its dominance by being the only one to carry all the items we looked at. In those cases, we will only be to compare the price changes at Amazon day-to-day.
The Dollabuzz Prediction
Going into this study, we believe that the price of these items will be inflated in the days and weeks before Black Friday/ Cyber Monday. This would then allow retailers to offer a big price “reduction” for the shopping season. The idea is that prices on Black Friday/Cyber Monday are very similar to prices in mid-July, but as consumers, we don’t notice the price has been going up.
Download the data below!
This data is recent as of November 27, 2017. I will continue to update in the few days we have before Black Friday/Cyber Monday, and a few days after to see what happens! If you would like, send an email to me at Zach.Dollabuzz@gmail.com to receive the newest one as soon as I have it updated!
You will also notice there are links included just in case the price is right for you!
Week 2 Update
I have been carefully monitoring the prices of the items listed above every couple days for two weeks now. I never thought about it in the original prediction, but I am curious what will happen to prices when the shopping days are over. Some items have acted as we expected, the price has slowly increased. But there are other items, particularly the TV’s that have had large reductions in the days leading up to Black Friday.
Side Note: If anyone was in the market for any of these items, Dollabuzz has done the price comparisons for you! You are welcome!
Taking a look at the prices after Black Friday they did jump back up a little bit. So if you are looking for something, and didn’t get it on Black Friday do not but it on Saturday because chances are you are paying more then you have to. So far on Cyber Monday prices do seem to be coming back down so if you missed out now may be the best time!