Difference between Black Friday, Cyber Monday, Boxing Day and Amazon Prime Day

While each savings event is similar — convince shoppers to buy, buy, buy! — the timing, focus and appeal for each is slightly different. For instance, Amazon Prime Day is a global event but it’s fueled by one online retail giant, Amazon. Compare this to Boxing Day, a sales event that is really only found in Canada and the UK, as well as a few other (but not many!) countires, like Australia and New Zealand..

Knowing what sets each of these sales apart – from exclusive deals for Amazon Prime members to the post-Christmas clearance bonanza – can transform your shopping experience.

To help, here’s a quick breakdown of the biggest shopping events for Canadian shoppers, along with some tips and tricks on how to navigate and plan your purchases with confidence.

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1. Amazon Prime Day

  • When: Typically in July (though timing can vary and October dates can also pop up).
  • What: An exclusive shopping event for Amazon Prime members.
  • Focus: Discounts primarily on Amazon-branded products (e.g., Echo devices, Fire tablets) and deals across various categories like tech, home goods and fashion.
  • Sales Strategy:
    • Heavy emphasis on lightning deals and exclusive Prime member discounts.
    • Encourages Amazon Prime subscriptions.
  • Canadian Relevance: Increasingly popular due to the growing number of Amazon Prime users. It competes with summer sales from other retailers.

2. Black Friday

  • When: The Friday following American Thanksgiving (late November).
  • What: Marks the unofficial start of the holiday shopping season.
  • Focus: Known for massive in-store and online discounts across all categories, especially big-ticket items like electronics and appliances.
  • Sales Strategy:
    • Doorbuster deals to attract crowds.
    • Deep discounts on high-demand products.
  • Canadian Relevance: Black Friday has grown in prominence in Canada in recent years, rivaling Boxing Day as the year's top shopping event. Cross-border shopping (physical and online) further boosts its significance.

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3. Cyber Monday

  • When: The Monday following Black Friday.
  • What: Originally focused on online sales, now an extension of Black Friday.
  • Focus: Discounts on tech, electronics and online-only deals.
  • Sales Strategy:
    • Online-exclusive offers, often targeting younger, tech-savvy shoppers.
    • Retailers extend Black Friday deals or launch new promotions.
  • Canadian Relevance: Popular among Canadian shoppers due to the convenience of online shopping and significant deals from both Canadian and US retailers.

4. Boxing Day

  • When: December 26th (the day after Christmas).
  • What: Traditionally a Canadian and UK retail holiday featuring post-Christmas clearance sales.
  • Focus: Discounts on leftover holiday inventory, with deals across electronics, home goods and apparel.
  • Sales Strategy:
    • Offers the year's deepest discounts on remaining stock.
    • Attracts shoppers with both in-store and online sales.
  • Canadian Relevance: Once the premier shopping day in Canada, it now faces competition from Black Friday and Cyber Monday. However, it remains important for post-Christmas bargain hunters.

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Summary

  • Best for Amazon Shoppers: Prime Day
  • Best for Pre-Holiday Savings: Black Friday and Cyber Monday
  • Best for Post-Holiday Deals: Boxing Day

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Key differences between Black Friday, Cyber Monday, Boxing Day and Amazon Prime Day

Compare the big sale days in Canada
Event Timing Focus Sales style Canadian importance
Amazon Prime Day Mid-year Amazon-centric, online-exclusive Lightning deals, tech-heavy Growing but niche
Black Friday Late November Holiday shopping kickoff Big-ticket items, doorbusters Major, rivals Boxing Day
Cyber Monday Late November Clearance sales Tech-focused, digital-only Increasingly popular
Boxing Day Post-Christmas Clearance sales In-store/online clearance Traditional but declining

Bottom line

Whether you're hunting for holiday gifts, upgrading your gadgets, or snagging off-season bargains, these sales events offer something special for every shopper.

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Romana King Senior Editor, Money.ca

Romana King is the Senior Editor at Money.ca. She writes for various publications, and her book -- House Poor No More: 9 Steps That Grow the Value of Your Home and Net Worth -- continues to be an Amazon bestseller. Since its publication in November 2021, this book has won five awards, including the New York CPA Society's Excellence in Financial Journalism (EFJ) Book Award in 2022.

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