Choices! What will it be? #33

Sincerely speaking I'm wandering why number 5 is the best for this week's contest. I know many people will choose number 5. And then, looking at the national flops in exchange market, people prefer black friday than every other thing.

The reason is so clear and noticeable. Everything mentioned or selected from the first one to the fourth one can be bought at even a cheaper rate on black market day.

Image from the Contest

However, what is Black friday?

Black friday is a day formed within the territory of General market.

Under this cooperation, the market value of commodities tends to be different. People have this notion that things that could not be purchase on a General markets day can be priced and bought even at a more cheaper rate.

Black friday is almost like reduction of fixed price of a particular products. I could remember very vividly some years back when I use to go to the markets and buy some materials. Most times, the markets price are not friendly, and so due to my experiences on markets stroll. I will decided to waits for a Black friday day.

In some cases, the markets would be announced through various broadcasting medium, calling on customers from different angles. Unlike before, I didn't understand what black market was until my friend was able to purchase the phone worth 60k with 30k naira only. That's a big difference.

It now shows that my patients is not a waste of energy, that there must be an outcome even at the end of the race.

Black markets are not only applied to food stuffs. There are other options like furnitures and many more.

Infact anyone who desire to get an expensive material with a cheaper rate should just be prepared for the arrival of a black markets day, since it method of delivery is quick and accurate.

But there are disadvantages to why this type of black friday is 35% sure, irrespective of their change in prizes. I dont know. The following are the disadvantages:

1. The products may be fake. It may not be the actual image has displayed on the set-glass.

2. There is no refundable agreement signed during the issuance of what you've paid for. Everything bought on black markets day is assumed to must have been approved by the Authorities.
   .

3. Customers are unaware of the expiring date. Their attention is focused on getting a particular products irrespective of their subscription date. They don't care if it's two days from the exact date of getting the products from the manufactures hands.

4. They take big risks in releasing their hard-earning products, just to ensure that the products doesn't reach the deadline.

5. Instead of loosing large amount of capital invested into the business, whatever comes out as the outcome is the choice.

Most times handling cases like these is very simple. The major purpose why sellers slide back to scarcity of finance is due to failure to master the finance system. If the finance system is studied properly, even if there would be a loss, at least it won't be 85% of it.

You can imitate the western black friday system. It's like a General business day. Everything is done under lay down rules (computerized). It's not a Rush In Rush Out (RIRO) game played by African blood.

In conclusion, above all listed, black markets is superior

I invite @ngoenyi and @nessuccy5 to participate