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The Financial Express

BD e-commerce stores participating on Black Friday

| Updated: November 26, 2017 19:51:28


BD e-commerce stores participating on Black Friday

Some Bangladeshi e-commerce sites (online shops) have started testing the watering concept of "Black Friday" in Bangladesh. Three big online stores have provided offers and discounts on products they have in their market space.

Backpackbang.com provided the products which are also offered by Amazon.com and the Black Friday deals.

Daraz.com.bd gave a discount on phones, tablets, TV, computer, audio devices, cameras, men's and women's fashion, home & living accessories etc. It started from 17th November and will continue until 27th November.

Banglashoppers.com provided a discount on women make-up, foundation, lipstick, eye-shadow, eye-brow corrector, eye lenses. It started from 23rd November to 26th November.

Many people believe that the day after Thanksgiving is "Black Friday" as many stores become profitable on the enormous shopping day and go "into the black." The exact origins of the term are a bit gloomier.

On Sept. 24, 1869, the word "Black Friday" was first used. Jay Gould and Jim Fisk, these investors drove up the price of gold, and they made a crash that day. The stock market felled 20 per cent, and foreign trade also stopped. Farmers suffered a 50 per cent incline in wheat and corn harvest price.

Also, in the 1950s, Philadelphia police castoff the "Black Friday" term to mention to the day between Thanksgiving and the Army-Navy game. Enormous crowds of shoppers and tourists went to the city that Friday. So, cops had to work extended hours to cover the massive crowds and traffic.

Merchants in the USA tried to change the term to "Big Friday," but the substitute name never caught on. "Black Friday" had spread nationally in the USA by the late 1980s.

Besides these three, Rokomari.com is also providing "week of the year" offer and giving discounts on books too.

Moreover, pickaboo.com is cracking deal on AC, TV, and Karcher. Bagdoom.com is celebrating "Mobile & Gadget week", which is from 19th November to 26th November. Also, Kiksha.com is providing some discounts.

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