Types Of Black Friday Shoppers | Minority Mindset - Jaspreet Singh

Minority Mindset
•November 25th, 2016
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Black Friday, after spending some nice peaceful time with your friends and family, who wouldn’t want to go wait hours in lines so they can get in a wrestling match in the electronics section over the newest 60” TV? Well, let’s look at the people who love Black Friday.
What’s up everybody, I am Jaspreet Singh & welcome to the Minority Mindset. Black Friday for those of you who don’t know is an American holiday that comes the day after Thanksgiving. Stores across the country have big discounts to encourage people to come shopping on their day off.
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This research process isn’t just your looking on Google for deals, it takes weeks of long nights to do it. They’re compiling coupons from all of their local stores to see which store has the best price of what product and how many units are in stock.
Then when Thanksgiving comes, they take their meal to go so they can start camping out outside of their thoroughly researched store so they can be first in line to save a few hundred dollars on their new TV.
Dozens of hours and weeks of preparation just to save a few hundred dollars.
Shaking head
I strongly believe that if people were this focused and spent this much energy on building wealth or starting a business I don’t think 50% of America would have less than one month’s salary in saving. What do you think?
Don’t be the majority.
The second type of Black Friday shopper are what I call your casual bargainers. These are people who want to get some good deals, but they don’t research what or where they can get the deals. They just show up hoping to find something good.
The problem is, these are the people that usually get to the sales late and aren’t happy when all the deals are gone.
That usually results in things like this, or this, and this.
All of this, just to save a few bucks on usually some non-essential things.
I know I stress the importance of budgeting, but this isn’t how budgeting is supposed to work.
And third, you have the observer. These are the people that go to shop on Friday with their friends or family just for the experience. If they find something, they’ll get it, but other wise they’re going for the show.
Plus, these are the people that understand that cyber Monday is 3 days after Black Friday, and you can get a lot of similar deals on Amazon without the fighting. Welcome to the digital revolution.
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Based in Detroit. #Punjab
Jaspreet Singh
DISCLAIMER: This description may contain links from our affiliates, sponsors, and partners. If you use these products, we will get compensated - but there's no additional cost to you.
DISCLAIMER CONT'D: I'm just a random guy on YouTube - do your own research! Jaspreet Singh is not a licensed financial advisor. He is a licensed attorney, but is he is not providing you with legal advice in these videos. This video, the topics discussed, and ideas presented are Jaspreet's opinions and presented for entertainment purposes only. The information presented should not be construed as financial or legal advice. Always do your own due diligence.

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