Manuel JIMENEZ BARRANQUERO’s Post

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Business Development & Marketing Strategy | MBA

Really interesting post! Black Friday has definitely spread across Latin America, but it’s a great example of how the region’s diversity shapes global trends in unique ways. Take Mexico, for instance. While 𝐁𝐥𝐚𝐜𝐤 𝐅𝐫𝐢𝐝𝐚𝐲 has gained some ground, Mexico has its own event, El Buen Fin, which lasts an entire weekend. It’s tailored to local shopping habits and even supported by the government and businesses to stimulate the economy. It’s a smart adaptation that shows how countries in the region put their own spin on global ideas. This is a great reminder of the incredible variety within Latin America—something that’s easy to overlook but so important to understand! #Innovation #Creativity #GlobalTrends #Diversity #LatinAmerica #CulturalAdaptation #BlackFriday #ElBuenFin #RetailEvolution #ConsumerBehavior #MarketingInsights

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🛍️ ⚫ Did you know Black Friday isn't just an American tradition anymore? Let’s explore ↓ It’s the most wonderful time of the year…and no, not Christmas yet. This week is Thanksgiving in the United States and – more importantly – it’s the retail world’s favorite holiday: Black Friday. Originating in the midcentury US as a chance to kick off the holiday shopping season, Black Friday has gone global in recent decades. Brazil, for example, started seeing an uptick in Black Friday deals in 2010 and a peak in interest in 2019 before the pandemic came and dealt a nasty blow. Other big countries like Colombia and Peru have seen their own spikes in attention on Google Trends. Meanwhile, Argentina has seen no real change over the last decade, perhaps in part due to the ongoing economic crisis which has harmed many citizens’ purchasing power for years now. And then there’s Mexico, which – despite being the only Latin American country to border the US – has not quite adopted Black Friday to the degree its regional peers has. Instead, the country’s Council of Business Coordination rolled out El Buen Fin, or “the Good Weekend,” in 2011. Coming the weekend before Mexican Revolution Day, El Buen Fin has become a widely popular weekend of shopping and special promotions nationwide. Last year alone, billions of dollars exchanged hands in Mexico and consumers took on surging personal loans to participate in an experience that is increasingly moving online. Whether successful in your Buen Fin deal hunting or getting ready to head out this week for Black Friday, we wish you the best of luck this holiday shopping season.

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