Black Friday: The Day of Reckoning

Ah Black Friday is but two days away. With promos, promos, promos everywhere for US citizens, the rest of the world can only watch. You see, the success of sales results of Black Friday spell a lot of things for many countries who have a stake in the after sales support, mostly for tech products. Good sales equates to a robust after sales support team. Bad sales equates to proof of concept that indeed, America is truly undergoing a recession.

Back in October, Wallet Pop did a short speculation on the Black Friday recession for 2008:

Black Friday needs only three things to be successful: retailers with amazing deals, willing consumers and money. Without any one of these items Black Friday ceases to be the spectacle that retailers and shoppers have come to know and love. In order to understand how the economy affects any of these three elements it is important to understand the relationship between retailers and consumers.

Will the economic recession affect this year’s Black Friday mayhem? There have been surveys that the recession indeed has hit with XBOX 360’s being replaced with shirts and jeans for the holiday stockings. Black Friday is America’s last line of consumer hope to see whether a recession is indeed affecting her.