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Black Friday, Cyber Monday and Groundhog Day Nov 28, 2007

Posted by magnostic in E-commerce, Marketing.
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Con von Hoffman accurately writes about the media’s annual and tired treatment of Black Friday as a predictor of holiday sales. It’s pretty much the same story for the post-Thanksgiving retail shopping frenzy and its online equivalent, Cyber Monday, this year as last as the year before. The best line from Collateral Damage:

The truth is that Black Friday sales numbers are as accurate as sheep entrails when it comes to predicting the holiday season’s retail sales.

Let the statistical manipulation begin!

 

Comments»

1. gamechanger1 - Dec 6, 2007

And here’s the companion piece about Cyber Monday…

http://www.gamechangers.com/index.html/?p=131