Black Friday vs Cyber Monday: Which one offers better deals?

Black Friday and Cyber Monday are two of the biggest shopping events of the year. But what is the difference, and when to shop to get better deals?

Black Friday vs Cyber Monday: Which one offers better discounts?
© Photo by Karolina Grabowska on Pexels.com
Black Friday vs Cyber Monday: Which one offers better discounts?

Both Black Friday and Cyber Monday promise shoppers slashed prices and a wide range of products on sale. But it’s not easy to decide if you should put all the stock into the first one or wait for the second one, which comes two days later. Here is when it’s best to shop.

Discover our latest podcast

What's the difference between Black Friday and Cyber Monday?

Black Friday will be on Friday, November 25, 2022. Each year, big retailers like Amazon, Argos,Morrisons, and others use Black Friday to give massive price reductions to shoppers just before Christmas kicks in.

But if you miss out on the Black Friday deals, you can always bag a bargain on Cyber Monday.

The discounts keep on going until Cyber Monday, which is always the first Monday after Black Friday, so it falls on November 28, 2022.

Cyber Monday deals only apply to online shops while Black Friday is in-store as well.

Which day is best for discounts?

thumbnail
Photo by Sora Shimazaki on Pexels.com

It's difficult to say categorically which day is better for discounts because the answer depends on what you're looking to buy.

If you're hoping to find a bargain in technology, small appliances, cutlery, kitchenwareor Apple products then Black Friday could be best for you as there are always plenty of deals on tech.

But, if you're looking for clothing, toys, shoes, or beauty, you should consider shopping on Cyber Monday as previous years have had better price reductions on the day.

The latest research suggests Brits will spend £2.4million a minute on Black Friday in a record shopping spree. They will blow £3.5billion to make Cyber Monday even bigger than Black Friday.

Managing director of a marketing firm Gekko, Daniel Todaro, suggests acting swiftly if you spot a deal.

He advises:

Go to the store knowing what you want. Don't procrastinate as Black Friday offers are limited and only for that day. There will also be a limit on the stock.
On Cyber Monday, check out items online. Create your basket ready to refresh on the day and check out, if it's a price you're prepared to pay.

To get Black Friday ready, spend your money wisely, and get the best bargains, follow these tips.

Sources used:

- Good to Know: 'Black Friday vs Cyber Monday: Which one has better discounts?'

- The Sun: 'Cyber Monday vs Black Friday – what’s the difference and which day is best for deals?'

Black Friday: Get the best deals with these simple tips Black Friday: Get the best deals with these simple tips