Happy Boxing Day!

It is good to hear there is no one death like happened in Black Friday

I tried the whole Black Friday thing once at a Walmart and actually got some great deals, but I had already picked out the exact products I was looking for ahead of time.

I knew where to go when they unveiled the pallets after talking some employees into telling me :) and then I checked-out without even setting foot in a line!

wow! but i never heard before. hehe

Last year the holiday was much more happier.Happy New Year.

As a retailer, I'm thinking we need an official boxing day in the US too! ;)

LoL I like the concept of opportunity cost, actually I've just learnt it last semester in my Financial Management class. I think the concept of opportunity cost should be taken more serious and you use your time wisely. Cheers~~

After an epic failed Black Friday, I'm sure boxing day was a failure too. Those "soon to be bankrupt" companies really need to lower the prices and bring up revenue that way.

-Mike

no great deals on PSP or Nintendo DS

Let's all hope that no one got run over this year.

Post New Years may be a good time for deals as there is no hype and no traffic. Everyone is broke and back to work/school, so the best sales seem to be the (in the US) MLK/President sale holidays.

i never hear it before, There isn't tradition like this in my country, indonesia.

Happy Boxing Day!

I thought I would save a bundle of money by waiting after Christmas. So today, I went online to see if Apple had any good deals or maybe drop the expensive price of the Macbook-Pro. It was the same price after Christmas as it was before; $1999 for the basic model. I was thinking that the price would not budge any time soon, or at all, so I decided to get it.

After all of the features and upgrades that I wanted, the price dramatically changed from $1999 to just under $2900! And thanks to John, I decided to also get The Invisible Shield. So now I'm almost $3000 out! But you know what though, It will be worth it when I see you guys at the top!

-sayfaylo

I got my computer on tigerdirect.com on Black Friday. Got a goooood price.

boxing day? hoho. i love to keep box with my girl friends. Thats more interesting way. :D

For anyone who is interested, Snopes.com describes the origin of the term Boxing Day:

Reduced to the simplest essence, its origins are found in a log-ago practice of giving cash or durable goods to those of the lower classes. Gifts among equals were exchanged on or before Christmas Day, but beneficences to those less fortunate were bestowed the day after.

I guess they put the less desirable gifts into a box and sent them to the less fortunate.

With the economy the way it's going and all the fear talk about the upcoming year I'm wondering if we won't see even better deals come late January and February when retailers start to worry about staying in business (or at least - thinning inventory).

Bruce

I'm from England & there's also Boxing Day there. I don't ever recall it being crazy like it is in the States.

The people saying Boxing Day isn't what it used to be - you're talking about America [Black Friday]?

Boxing day isn’t what it used to be like, The things that are crazy prices are shitty products that they have been trying to get rid of all year. And not retailers are having Boxing Week Sales, not just the Boxing day sales.

It's snowing outside and I'm not in the buying mood on Boxing Day. If I'm one of a million people thinking the same way, then 4th Quarter results for retailers, car dealers, etc will truly suck, continuing the recession to who knows when.

Happy Boxing Day!

I always forget boxing day isn't about putting on some gloves and hitting the ring.

was on friday this year, so a black boxing day maybe

i think these types of days is basically an excuse to help boost the economy and drain our wallets haha, like in this blog post i rather make the money during the time spent waiting in line. but then again, I'M MARRIED! AND HAVE TO SPEND THE MONEY.

John is right, again. He is where he is at today because of the way he thinks. Why save 150 bucks when you can save 350, by not buying the item, that is probably going to end up in your garage a month after, and be considered junk, along with the rest of your shit. Most people's home and most of their stuff are not necessary. All you need are: food, water, shelter, clothes, and a first-aid kit. This is a tip for the poor. Stop spending on use-less shit. Because this cycle of the poor will always be poor and the rich will always be rich, GENERALLY SPEAKING, will be passed on to your children and to their children and so on.

Box up those gifts you don't want to take them back for something better.

John, that is not always true..you see most of the ordinary people like us spent time relaxing at home or entertaining ourselves, we do not have any "opportunity cost", so, instead wasting time staying at home, we may as well go out, queue up and save couple of bucks for items that we want. Saving $150 dollar is a big deal to some people!

It's not called Boxing Day here, but it's the same concept. I stay away from the stores the day after Christmas. I used to go out and get all the great deals on Christmas items like wrapping paper and such but no more. I'd rather get the deals online the day after Christmas; sometimes they're better than the stores and I can do it my PJ's!

wow - never heard of boxing day I wonder how they came up with that name...I guess its because retailers are competing to get more customers in the door...makes more sense than Black Friday - now that name not sure if I can even come up with a reason behind it....thanks for sharing john.

Its a great marketing and promotion hype....must give credit to marketers for this

I would totally wait 4 hours for a deal because if the item is discounted by $200 for instance a laptop, than you can pick that up at $200 less and resell it for $100 mark up from the price you paid for it, thus you are earning $25 per hour you were waiting in line. And with most door busters you don't just buy one item to resell, you purchase as many items that are hot on demand with resale value, thus increasing your profits after selling.

With the internet and local markets like Craigslist or eBay it takes no time to resell the items, and doesn't require you walk the streets for a buyer, but still add another 2 hours to list, package, or negotiate and you should still be ahead if you purchased the right items.

And for most people you can't make $250 in one hour so it makes logical sense to do the line-up. And for others they will still stand in line if they're working a $25,000 a year job because any additional funds to the savings accounts/retirement accounts is money well worth chasing for.

But my last comment is that with the recent deaths associated with Black Friday this past year, the concept of chasing a great deal on an item is no longer as desirable because of the savageness of this new breed of deal hunters. Ask any Black Friday, or XBOX360, or PS3 line waiter back 3 years ago and things were always calm and orderly, lines were respected, and most people were able to get what they waited for if they arrived early enough. Now you have people waiting 3 days earlier, taking time off work, and you have street punks who will show up 25 minutes before store opening with a group of 20 kids trying to reform a line at the entrance.

And for items like the Nintendo Wii, there was a time that you could only get one if you waited in line or paid someone to wait in line for you. There was a shortage of Wii systems for over a year after the Wii's were introduced, and you can bet that I was waiting in line even though it was only a line of 8 months upon months after the Wii's went on sale to pick one up for the nieces.

People use to do the line up because it was fun, and at times profitable, but these days its just chaotic and I will have to agree with you today it is not worth harm and injury any longer for a deal on an item, but I would have a different opinion on this topic had it been 2004, back than a laptop wasn't like a car, it doesn't lose 20% of its value immediately after it leaves the store, now a days if a store doesn't sell out of the items during the door buster event, they'll outprice their items the next day.

Boxing day isn't what it used to be like, The things that are crazy prices are shitty products that they have been trying to get rid of all year. And not retailers are having Boxing Week Sales, not just the Boxing day sales. I remember being able to go to A&B sound and picking up crazy good computer hardware for really cheep, no they isnt any of those crazy sales. Ah well

I guess there can be some decent prices out there, guess it depends on how picky you are on quality ;)

If you don't get in on the first 'big' deals, then you are not getting a good deal.

I think boxing day makes more sense than Black Friday. Selling off inventory as opposed to stocking inventory...

I did my Boxing Day shopping on the Future Shop website Christmas Eve, so I was able to sleep in today! :)