The season of Holiday Shopping and Black Friday is finally here and outlets are ready to welcome their customers with exciting offers. Even though there are many attractive offers in the market right now, it doesn’t mean that all the available bargains are as amazing as they appear.
According to different research regarding the price and offers during this season and also from year-round, they indicate that around 87 percent of these popular items can be attained at a cheaper rate at other times around the year.
Doing maths regarding the available offers and comparing the prices are not as convenient to a majority of the shoppers as it is to some. So that is where the Black Friday Calculator comes to the rescue. With this simple idea, you will be able to make the best and most profitable deals.
Here, nine of the most popular kinds of deals that are seen in the market during Black Friday are explained in a simple manner to help you make the best choice.
1. % off
These are the most common type of deals which are found during shopping seasons. They are also called simple discounts, where a certain percentage of the amount is deducted from the original price. The final price can be calculated using simple operations with percentages.
Example: 25% off on Bags
2.% off on Second Product
This offer can also be seen in the form ‘Buy One, Get Second at % off.’ This deal means that if you purchase the first product at the standard rate, the second product will be available with a decrease in the price to a certain percentage.
Example: Buy one pair of Shoes, get 35% off the second.
3. % off on the Third Product
This deal is similar to the second one, with a single difference that we should buy two of the products at the standard rate and then there will be an offer on the price of the thor one.
Example: Buy two books and get 60% off on the third book.
4. Two for One
This deal can also be seen as 50% off on two products if they both have the same price. If there is a difference in their price, then the discount will be applied to the cheaper item. This is also called Buy One Get One Free.
Example: Buy one shirt and get a second one for free.
5. Three for Two
This is another type of Buy One Get One Free, but it is not as the above-mentioned deal as the maximum discount that will be available from this deal is 33.3%.
Example: Buy two pairs of socks and get one pair for free.
6. Four for Three
This deal also sounds similar to the previously mentioned ones, but it is usually the least profitable one. The maximum discount that can be availed from this offer is 25%, and that too, only if the price of all our products is the same.
7. Double Discount
Sometimes, for example, there can be offers that feature discounts in terms of the sum of two percentages like 50% + 30%. This does not mean that there will be an 80% discount on the product, but instead, it means that the original discount was 50% and an additional discount of 30% was taken off from the new price. This means that the original discount is 65%.
8. Triple Discount
This deal is similar to the above-mentioned deal, with the only single difference being that the discount happens three times. If a deal offers a discount of 10% + 10% + 20%, then then the effective discount will be 35.2%.
9. Multiple Unit Discounts
These include deals that offer a chance to the buyer to purchase ‘n’ number of an item for a fixed standard rate.
Example: Buy 5 packets of noodles for $11, where each packet of noodles costs around $2.39. This will save around $0.95 for you on the deal.
By understanding the deals that are offered to you clearly, you will be able to make the most suitable choice by comparing the offer price and the standard price and thereby make the most of this shopping season.
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