18 min listen
#110: Black Friday & A Short History of Discounting
#110: Black Friday & A Short History of Discounting
ratings:
Length:
20 minutes
Released:
Nov 27, 2020
Format:
Podcast episode
Description
It's the biggest shopping day of the year. How did it start, what actually happens, and how much do people really spend?Plus, learn about the history of discounting, and how companies trick you into buying things you don't need.
How much people spend on Black Friday
How Black Friday has developed over the years
The history of Black Friday (it doesn't come from 'going into the black')
Coca-Cola and the first mass discount
The business of discounting
Tricks companies use to get you to buy stuff you don't need
Trick #1 - The Rule of 100
Trick #2 - Using prices with fewer syllables
Trick #3 - Phased discounting
The Black Friday alternative: Buy Nothing Day
What Leonardo English is (or isn't) doing for Black Friday
Full transcript, subtitles and key vocabulary available on the website: https://www.leonardoenglish.com/podcasts/black-friday-history-of-discounting
How much people spend on Black Friday
How Black Friday has developed over the years
The history of Black Friday (it doesn't come from 'going into the black')
Coca-Cola and the first mass discount
The business of discounting
Tricks companies use to get you to buy stuff you don't need
Trick #1 - The Rule of 100
Trick #2 - Using prices with fewer syllables
Trick #3 - Phased discounting
The Black Friday alternative: Buy Nothing Day
What Leonardo English is (or isn't) doing for Black Friday
Full transcript, subtitles and key vocabulary available on the website: https://www.leonardoenglish.com/podcasts/black-friday-history-of-discounting
Released:
Nov 27, 2020
Format:
Podcast episode
Titles in the series (100)
#4: How To Use Podcasts To Learn English (Like A Boss): Ever wondered how you can use podcasts to learn English? This episode explains why listening to podcasts is the serious English learner's secret weapon, how it is 10x more effective than watching videos on YouTube or Netflix, and why you should start by English Learning for Curious Minds