The 2018 Retail Showdown: Black Friday vs Boxing Day

The 2018 Retail Showdown: Black Friday vs Boxing Day

Article by: Chelsea Rho

Lest you’ve been living an idyllic hunter-gatherer lifestyle in the northern reaches of this country, you’ve likely noticed the ascent of Canadian Black Friday and Cyber Monday promotions from retailers nationwide over the past few years. The phenomenon, co-opted from the United States where it heralds the beginning of the holiday shopping season on the heels of their Thanksgiving, marks one of the biggest shifts in the retail landscape and consumer behaviour in Canada. According to Google Canada, mobile searches for ‘Black Friday’ and ‘Deals’ have increased 100% over the past two years, a clear sign that this retail revolution has taken hold.

Photo: VanCity

Going Toe-To-Toe With Boxing Day

Though the nascent Canadian rendition of Black Friday lacks the cultural weight of its American counterpart, this hasn’t stopped it from becoming a serious contender to Boxing Day as the time when most Canadians plan to hunt for deals, according to a recent study from the Retail Council of Canada. With 40% of Canadians indicating an intention to shop on Black Friday compared to 35% for Boxing Day, it appears, somewhat unsurprisingly, that pre-Christmas is becoming a more favourable time to shop for many. The report also reveals that 20% of Canadians are starting their holiday shopping earlier this year, suggesting that the allure of the late November deals may be working in kick-starting holiday spending. Of note, however, is that despite the day’s distinctly American roots, 87% of Canadians consider it important to ‘buy Canadian’ regarding their retailers of choice.

Photo: COLLAGE of promotions from Brick.com (Facebook)

Taking Advantage Of The Shift

A Uniquely Canadian Perspective

With no accompanying holiday or day-off during Black Friday, as is the norm in the U.S., the day has become more of an adoption than a direct carbon copy, with Canadians making it unique in terms of their consumer behaviour. In particular, shopping habits appear to revolve around the Thursday night before, as shoppers eagerly trawl through newly announced or impending deals, and the following Friday work day with shoppers sealing the deal on purchases in the morning, at lunch and then after work.

Photo: Provided

Founded in 2008 as Starburst Advertising Inc., FKA is Edmonton’s leading results-focused marketing and communications agency. With offices in Edmonton and Toronto, FKA provides branding, advertising and interactive services to local- and national-level clients like All Weather Windows, The Brick, Canadian Western Bank, the Christmas Bureau of Edmonton and the Edmonton International Film Festival.

Article from: https://www.retail-insider.com

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