Brits to spend £4bn in the Black Friday sales, according to new research
Shoppers are primed for Black Friday bargains, with energy-saving buys being top of people's wishlists
The average Brit will spend £166 in the Black Friday sale, £40 more than last year, according to new research commissioned by TopCashback. The research, which was carried out by YouGov on 2049 adults, also highlighted that 51% of Brits rely on Black Friday to do their Christmas shopping.
Rising inflation means the prices for things like food, fuel and clothes have all gone up compared to this time last year. Add to that the fact we're paying more than ever for our gas and electric, and it's no wonder families are concerned about how to save money, and especially how to save money for Christmas.
Keeping an eye out for sales like Black Friday is key to helping your money stretch further, particularly with the festive season just around the corner. In fact 35% of Brits agree that the cost of living crisis will have an effect on their Black Friday shopping plans (check out this Black Friday battle plan if you need some pointers to make sure you bag a bargain and avoid overspending).
Adam Bullock, UK Director of cashback site, TopCashback said: “Black Friday 2022 is set to be very different to previous years. Perhaps for the first time ever, rather than just hungry for a bargain, shoppers up and down the country are relying on the sales to purchase something they need.
“Be that a Christmas present or a new energy-efficient gadget, savings offered on Black Friday provide the perfect opportunity for UK families to reduce their spending in the run up to one of the most expensive times of the year.”
What will shoppers buy during Black Friday?
While popular items like Playstations and Apple devices make popular Christmas presents, according to the research, many shoppers will use the Black Friday sale to buy gadgets and devices that can help them to save money in the long run.
Around 15% of shoppers were planning on buying an air fryer, 6% were looking to buy a heated airer to help them dry clothes without a dryer, and 5% were looking to buy a microwave to help reduce their energy costs.
GoodtoKnow Newsletter
Parenting advice, hot topics, best buys and family finance tips delivered straight to your inbox.
Check out our guide to the top money-saving gadgets and gizmos you should look out for in the Black Friday sale.
If you're looking to get a head start on your Black Friday shopping, we've been scouring the internet to find the best deals available right now:
- Black Friday LEGO deals
- Black Friday toy deals
- Best Black Friday baby deals
- Black Friday perfume deals
- Best Black Friday coffee machine deals
- Best Black Friday microwave deals
- Black Friday air fryer deals
- Black Friday dehumidifier deals
- Best Black Friday Ninja deals
- Best Black Friday Nespresso deals
- Money-saving buys to look out for over Black Friday
While a lot of shoppers will be crossing items off their Christmas shopping list during the Black Friday sale, 26% of shoppers will use the sale to treat themselves to something that they wouldn't have otherwise bought thanks to the rising cost of living.
Whatever you buy, make sure you understand your consumer rights and how to get your money back if you need to.
Quick links to the best Black Friday deals from your favourite brands and retailers
- Amazon: early Black Friday deals
- AO: deals on appliances, TVs, laptops and more
- Argos: deals on toys, headphones, TVs and tools
- Boots: half-price fragrances and make-up
- Currys: discounts on multicookers, vacuums and more
- John Lewis: up to 25% off LEGO, plus offers on pushchairs and kids footwear
- Ninja: save up to £90 on air fryers and more
- Shark: great discounts on cordless vacuum cleaners
- Very: offers on toys, Lego, beauty and fashion
- Lakeland: early Black Friday deals on appliances and homewares
Sarah is GoodtoKnow’s Money Editor. After Sarah graduated from University of Wales, Aberystwyth, with a degree in English and Creative Writing, she entered the world of publishing in 2007, working as a writer and digital editor on a range of titles including Real Homes, Homebuilding & Renovating, The Money Edit and more. When not writing or editing, Sarah can be found hanging out with her rockstar dog, getting opinionated about a movie or learning British Sign Language.
-
How to save money: 28 family-friendly money-saving tips for mums and dads
Understanding how to save money is key to limiting the impact of rising costs as much as possible
By Sarah Handley Published
-
14 hidden benefits of your Amazon Prime membership
We reveal the less-obvious perks of a Prime membership that will help you get the most value out of your subscription fee
By Rachel Wait Published
-
14 surprising ways to spend your Tesco Clubcard vouchers - from restaurants and cinema passes to mini breaks and Disney+
Tesco Clubcard vouchers can help you cut the cost of everything from groceries and travel to days out and cinema tickets
By Heidi Scrimgeour Published
-
How to get Disney+ for free and save up to £79.90 a year
Even though the streaming giant ended its free trial offering, there are still multiple ways you can get Disney+ for free for up to 12 months
By Sarah Handley Published
-
Parents of teens who have just taken their GCSEs urged to check child benefit status ahead of August deadline
With a child benefit deadline looming, some parents could see their payments reduced or stopped altogether - here's why
By Sarah Handley Published
-
Parents should hold off buying this back to school staple 'as close to their first day as possible', says retailer
With parents turning their attention to kitting their kids out for the new school year, research suggestions which items should be left until the last minute
By Sarah Handley Published
-
7 ways to save on back to school essentials, as its revealed parents will spend £2.3 billion in 2024
We share ways you can get your child all the bits and bobs they need for the new school year, without breaking the bank
By Sarah Handley Published
-
What day is child benefit paid around the bank holiday? Everything parents need to know
Knowing which day child benefit is paid when it comes to the bank holiday can help families plan their budgets accordingly
By Sarah Handley Published