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The £60 You Didn't Save: Reading a Black Friday Ticket Before It Reads You

Budgeting Is a Challenge
The £60 You Didn't Save: Reading a Black Friday Ticket Before It Reads You

Photo: Dietmar Rabich, CC BY-SA 4.0, via Wikimedia Commons

The ticket is not a fact

Black Friday has its own grammar. The big number is crossed out. The smaller number is in red. A little badge says 'Save £60'. Somewhere in the corner, a timer is counting down as if your kitchen appliance will self-destruct at midnight.

None of that is a receipt. It is a claim, printed on cardboard or rendered in a website banner, and it is worth exactly as much as the evidence behind it. Which, in a lot of late-November sales, is not very much.

The point here is not to wag a finger and tell you to stay home. If you need a new kettle, a cheap kettle in a sale is a good thing. The point is narrower: don't let an invented saving make the decision for you. A deal should fit your plan. It should not become your plan.

Step one: give the 'was' price a memory

The phrase to interrogate is 'was £189'. Was it, though? When? For how long? Was it £189 for a fortnight in October, or briefly on a Tuesday morning in August when nobody was looking?

The Competition and Markets Authority has been fairly clear that reference prices need to be genuine. A 'was' price should reflect the price the product was actually sold at for a meaningful period before the promotion. Not a number chosen because it makes the current price look better.

You can check this yourself in a few minutes. For Amazon, CamelCamelCamel and Keepa show price history charts going back months. PriceSpy and PriceRunner cover a lot of UK electricals and household goods. Google Shopping sometimes shows a price range over time. HotUKDeals is useful for spotting whether a 'record low' has actually been lower before.

You are not looking for perfection. You are looking for whether the 'was' price has any substance. If the chart shows a flat line at £149 for six months, and today's ticket says 'was £189', you have learned something useful before you have spent anything.

Step two: take the clock out of the room

Urgency is a feeling, not information. 'Only 3 left' might be true. It might also be true because the listing is for a single colour variant in one size. 'Deal ends in 04:32' might be a real deadline. It might also reset tomorrow.

The CMA's guidance on urgency claims is simple in principle: don't create false urgency. If a countdown is used to rush you, treat it as a prompt to slow down. Open a new tab. Make a cup of tea. The item will almost certainly still be there in ten minutes, and if it isn't, that is not a financial emergency.

The trick is to separate the clock from the decision. A deadline is only meaningful if you had already decided to buy the thing. If you had not, the timer is just pressure with a nice font.

Step three: name your number before you click

Before you browse, write down what you are actually willing to spend. Not what you would spend if the perfect deal appeared. What you can spend without moving money from something else.

Then compare the deal to that number, not to the 'was' price. A £189 coffee machine reduced from £249 is a £60 saving. It is also a £189 cost. If your number was £120, the deal did not save you £60. It moved you £69 further away from your own plan.

This sounds obvious. It is much harder in a basket, with a countdown, and a badge saying 'Only 1 left at this price'. That is why the number goes on paper first.

The £60 that turns into a £70 overspend

Here is how it tends to happen. You see an air fryer at £129, marked down from £189. Save £60. You had vaguely thought about getting one, and £129 feels like a bargain compared with £189.

But your actual budget for a new kitchen gadget was £60, because that was the price of the basic model you had looked at in September. The 'saving' has pulled you £69 above your own limit. Then you add a £15 accessory bundle and £4.99 delivery, because the deal is online only. The £60 saving has now become a £89 spend you did not plan.

The original £189 price may well have been real. That is not the problem. The problem is that a real saving on the wrong purchase is still the wrong purchase. A £60 discount on something you were not going to buy is not £60 in your pocket. It is £129 out of it.

A small audit you can do in the basket

Before you pay, run four quick questions.

  1. What was the price actually doing for the last three months? If you cannot find out, assume the 'was' price is decoration.
  2. Is the urgency real, or is it a font? Close the tab and come back. If the deal vanishes, it was not meant to be. If it returns, you have your answer.
  3. What is the total cost, including delivery, accessories and any subscription attached to the 'free' trial?
  4. Would you buy it at the current price if the 'was' price did not exist? This is the cleanest test. Strip the ticket back to one number and see if you still want it.

The point isn't to skip the sales

Black Friday can be genuinely useful. If you have been waiting for a specific item, have a specific number in mind, and the price history backs up the claim, then go ahead. That is a deal doing its job.

But the 'was' price is a ghost. It is there to make the current price feel like a decision that has already been made for you. Your job is to check whether the ghost has a body, and whether the thing in the basket was ever on your list.

A saving you did not need is not a saving. It is a cost with better marketing.

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