This year, the US phenomenon of “Black Friday” falls on 25th Nov with its sister event “Cyber Monday” taking place on 28th Nov.
As the nation feels the strain of higher prices and supply chain disruption experts are predicting that 2022’s Black Friday shopping will create winners and losers, with November still expecting to be the most profitable time of year. Customers are predicted to spend BIG this Black Friday weekend.
Brits are estimated to still spend over £8.7 billion on Black Friday and Cyber Monday purchases in 2022, with these few days still seen as an important shopping event in the UK retail calendar. Over the next week or so we will see savvy shoppers heading online to research and take advantage of stores offering huge discounts/one-off deals as we all feel the pinch. Industry experts are predicting consumers to be super focused on making sure they get more value for every pound (£) they spend.
Here at acceptcards®, we have been steering businesses through these turbulent times, providing card payment solutions so they have both an “On-street” and “Online” presence as we see the continuation of consumers preferring the convenience and security of using their credit and debit cards when buying their must-have items.
The increase in consumer spending will see retailers attracting larger fees and seeing their bills rise if they haven’t recently reviewed and switched suppliers. Now is the right time to ensure you’re not being overcharged or incurring surcharges on your face-to-face and e-commerce transactions. It’s really simple, talk to us today so we can make sure you maximise this important trading time as we look to close out 2022 in the best shape possible.