Our partners at SagePay have put together their predictions for spending habits over the seasonal period. According to SagePay, "The adoption of Black Friday itself reveals an innate FOMO (fear of missing out) among consumers, keen to capitalise on potential bargains as the festive period looms." But is grabbing a bargain during the holiday season always a good thing? These facts and figures state othewise:
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While Black Friday remains a fun day in the retail calendar, it is important not to go overboard with reducing prices on our websites which may result in a fall in profits in the long run. If you want some advice on how your business can take part in this, email us at [email protected], give us a call on 01743344911 or pop by for a coffee!
