Yes, almost every store has boxing day sales as it pumps up their sales at that time of the year because of a special holiday. Tourists from all around travel and meet their close people. So, what is a better way to greet people than to bring them presents and gifts?
Having a boxing day sale in stores helps the store managers to get rid of the items that have been lying around for a long time. Selling old, not-too-old items at a good discount increases their sales but also makes space to bring in newer items for inventory. Here are some reasons why some stores do, and some stores don’t participate in boxing day sales.
Low Sale All around The Year
Some stores don’t have a lot of customers or good sales all around the year. It can be because of the locality they are in or because of what they have to offer. So they don’t participate in boxing day sales as it would be no different from their regular day sale, plus they would have to spend more trying to lure the customers.
Location and Locality Of Stores
Sometimes it all comes down to the location of the store. Some locations are seasonal for tourists, so even if their sale all around the year isn’t that much, it sure hypes up at this time of the year due to tourism which is a good enough reason to have boxing day sales.
Having a store in a rural area would be no different for boxing day sales as it won’t gather many people to let the store have that sale they always wished for.
All Year Bargain
Some store owners sell everything at discounts. Such events like boxing day sales and black Friday make no difference to them since they are selling items at low prices all year alone. Furthermore, giving discounts on events like these won’t generate any profit.
To Increase The Profits
There are some stores that are high in class but don’t make any good sales all year round due to reasons like having a cut-throat competition or not having enthusiastic people around to buy those expensive things. Boxing day sales are the day for them. People seeing a lower price tag can help them scale their sales. This way, the store owner can get the revenue they hope for.
Some stores have boxing day sales some stores don’t. It all depends upon their reach among society and enough rich and enthusiastic people to buy the items they want. Having a target to get the revenue you aimed for can be a crucial point if a store wants to have boxing day sales. If you generate enough revenue to reach your goal of having boxing day sales, then the choice of hosting a boxing day sale lies solely in the hands of the store owner. Lastly, some store owners do not appreciate the idea of sales. Thus, they do not go forward with it.