Wednesday, November 25, 2015

Green Thanksgiving & Black Friday

Tomorrow is the day for Americans to outwardly commit six of the seven deadly sins and inwardly take care of the seventh.  At home, they start with Gluttony followed by an afternoon of Sloth. Then they go to their Internet connection and consumed with Envy for people already camped out at Walmart who will be getting all the best deals; they quickly dress and head there.  Once in there, they react with Wrath toward other people trying to satisfy the communal Greed with the sale item they want.  They emerge with Pride they were able to trample other people and escape that fate themselves.  At last, they look with Lust on the swinging, shapely buttocks of the opposite sex person walking ahead of them in the seductive light of a shopping center lighted parking lot.
    And now we come to Black Friday door buster sale items.  For a small, easy to understand example take a look at the case of a high definition Japanese camera.  The Chinese build them by the boatload and sell lots of them.  A retail chain like Target or Walmart buys 20,000 of them.  As is customary for factories which don't want defective ones back, they will increase the order by usually 2% or 400 free cameras so the retailer can make good on a come back at no cost to him or shipping it back to China for a credit.  In our fictitious example, the factory price is $60.00 each.  They are placed in stores with a price of $149.99.  Dissatisfied with sales, marketing starts gradually lowering the price down to $109.89.  They see the year ending and they are stuck with 2000 cameras.  So since they aren't selling anyway they raise the price to $146.50.  Closer to the end of the year they send 50 each to 40 of their stores in the area.  They are the Black Friday door-buster special with $60.00 off the normal retail  price and only cost  $86.50.  The chain then makes 44% profit at the special price and a good time is had by all at the Winter Solstice annual Orgy.      

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