Black Friday: Online shoppers advised on`festive financial hangover’

Nigerian online shoppers have been advised on bagging a Black Friday deal, to avoid `a festive financial hangover.’

Monitoring the black Friday conversations on social media, most Nigerian online shoppers revealed lack of trust, as many believed the e-commerce companies were simply boost their sales without offering really great discounts.

Wale Ladipupo, a tech blogger, said the concerns of customers were reasonable since the major platforms had given online shoppers several reasons to be suspicious of their Black Friday deals.

He also mentioned cases where Black Friday prices of products seen online were significantly higher than the price of products in stores.

However, in spite of these concerns, the major Nigerian e-commerce companies have continued to announce bigger sales each year and they’ve made Black Friday sales a month-long event.

“We’ve had situations where prices of products are jacked up few days before Black Friday only for the added amount to be removed and they say that was a great Black Friday deal.

“Consumers are not stupid, we can see what they are doing,” he said.

A twitter handler, @Punmba tweeted that she believed the domestic version of Black Friday was a scam.
”Several eCommerce companies use some ploys to cheat users when sales happen.

”One interesting ploy allegedly being used is that these platforms inflate prices just before Black Friday and then reduce them when sales are on.

”This tactic gives the illusion that prices were actually slashed to make items cheaper for customers,” @Punmba tweeted.

Femi Vaughan on twitter also said that one factor that had brought Nigerian Black Friday down was the economy.

”Due to the harsh realities of the Nigerian economy, most users would rather save than spend heavily during Nigerian Black Friday,” he said.

The Nigerian version of Black Friday sales started online in 2013 by Jumia and Konga, with the aim of creating similar excitement of rush retail sales as made popular in the United States, UK and other countries.