Financial expert warns: This is how much you really save on Cyber Monday and Black Friday!
The illusion of big savings on Black Friday Regardless of whether it is “Cyber Monday”, “Black Week” or “Black Friday” – on these promotional days and weeks, retailers are teeming with discount campaigns, special offers and drastic price reductions. They promise unique bargains that sound tempting to many, especially during the Christmas season. But how much do you really save with these promotions? The consumer advice center urges caution and explains what needs to be taken into account. According to a report from rp-online.de, experts warn that the supposed bargains on sales days like “Black Friday” or “Cyber Week” are often not really worth it. Heavy discounts are often offered…

Financial expert warns: This is how much you really save on Cyber Monday and Black Friday!
The illusion of big savings on Black Friday
Regardless of whether it is “Cyber Monday”, “Black Week” or “Black Friday” – on these promotional days and weeks, retailers are full of discount campaigns, special offers and drastic price reductions. They promise unique bargains that sound tempting to many, especially during the Christmas season. But how much do you really save with these promotions? The consumer advice center urges caution and explains what needs to be taken into account.
According to a report by rp-online.de, experts warn that the supposed bargains on sales days like “Black Friday” or “Cyber Week” are often not really worth it. Strong discounts are often advertised, but in reality they are based on inflated comparison prices. In addition, some retailers only lower prices temporarily only to raise them again shortly afterwards.
In reality, the end consumer can benefit little or not at all from the advertised discounts. This can lead to customers going on a buying spree to purchase products that they don't actually need or could find at a cheaper price at a later date. Companies, on the other hand, can benefit from the promotions by giving the impression that they are offering generous discounts, even though the actual savings to the consumer are minimal.
It is important that consumers remain skeptical and critically question the advertised offers so as not to fall into a “savings illusion”. Price comparison portals and tracking price developments over a longer period of time can be helpful in actually finding worthwhile bargains. Ultimately, customers should not only pay attention to the advertised discount, but also to the actual final price and their own needs.
As an expert in the field of consumer behavior, I strongly warn against being blinded by supposed bargains and instead adopting a critical attitude towards discount campaigns. In many cases, the supposed savings can turn out to be deceptive and ultimately lead to unnecessary expenses.
Source: rp-online.de
Read the source article at rp-online.de