Singles Day is the best-selling shopping event in the world. More sales are achieved on Singles Day than on Black Friday and Cyber Monday combined.
That sounds strange to us. Singles Day was hardly known to date, while Black Friday is becoming more and more popular. In 2018, "Black Friday" was the 9th most googled item. But you searched in vain for Singles Day in the top 100 and in the top 1000.
But why is Black Friday so much more famous than Singles Day? Why are there actually two shopping events? And can you get just as good or even better bargains on Singles Day as on Black Friday? I will explain this to you in this article.
Both days are very important shopping events. These are the differences:
The shopping event is not well known in Australia.
Until 2017, only a few small shops took part in the event.
In 2017, the first stores imported Singles Day to Australia. For example:
Apparently with little success. Interdiscount has decided not to be part of it in 2018 with its own offers. Many other retailers are completely different.
Last year, many more retailers took part in Singles Day. The event was also well received by customers. About 2.5x the turnover of a normal Sunday was achieved.
Unfortunately, this cannot be said as of today. The dealers only decide for or against participation in a relatively short period of time. In addition, many dealers will not publicly announce their participation in order not to get the competition in that spot.
We will update this article when we hear from other participants.
Singles Day originated at Nanjing University in China. Some students first celebrated their independence in 1993. This trend has spread more and more. Resourceful shops and restaurants noticed this and offered special offers and deals on this day.
The shopping event was made really big by the AliBaba Group, of which mainly AliExpress in Australia, possibly also heard of AliPay, AliBaba, Taobao or Tmall. A few years ago they secured the rights to the "11.11" trademark.
Due to globalization and the fact that Chinese stores such as AliExpress or Gearbest increasingly deliver to Australia and customers from Europe, this trend slowly turned to Australia. For example, Singles Day is becoming increasingly popular in Germany.
It is unclear whether Singles Day can replace Black Friday in Australia or whether both store events will continue. This will be seen in the coming years.
One thing is certain: the importance of Singles Day and discount codes in Australia will increase significantly in the coming years. Deals will come from more and more stores and the offers just keep getting better.
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The more people celebrate this day, the more businesses take the opportunity to target young people through advertising - for example, restaurants, karaoke bars and online stores. This makes Singles' Day the largest online shopping day in the world. China's Alibaba.com shopping center sells billions of goods on November 11. Most of the Alibaba Group's sales are generated with discount codes via mobile devices.