Amazon’s $1 Item Black Friday Sale

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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While J.C. Penney (NYSE: JCP) and Walmart (NYSE: WMT) have run ads in newspapers and online around the country to get shoppers through their doors in a desperate attempt to take market share from one another during what has promises to be a mediocre holiday season, the executives at Amazon (NASDAQ: AMZN) have posted their Thanksgiving and Black Friday specials online. The huge traffic to Amazon.com and emails to existing customers will be their path to holiday revenue. And, one of the most powerful inducements they have is items priced under $1.

Among these products are one Pack of “Shocking Gum, Funny Shock Gag (Random Color)” for $.97 which is much less than gum bought in a store. For people with nothing to read, for $.99 for Kindle owners, “1st Chance” by Elizabeth Nelson. How can Amazon sell used versions of 1-25 Dot-to-Dots (A Get Ready Book, Ages 4-6) for $.01. Shipping must be extra. Used versions of “Butterfly Notebook” by Sovak also cost only $.01.  Also for children, for free,  “4 Pics 1 Word Puzzle by Epic Pixel”.

Among the other less than $1 deals are those special for people who subscribe to the Amazon Prime service for $79 a year. Perhaps the best deal is for “Betas Season 1” in HD which is free.

Some people cannot afford an Apple (NASDAQ: AAPL) iPad, but Amazon has a deal for them anyway. For only $.99, “Hard Case Cover for iPod Touch 4” by One Direction. Maybe next year some of these customers can afford the tablet itself.

Finally, for people who have a stereo but no wires, the “Hosa CMP159 Stereo Breakout, 3.5 mm TRS to Dual 1/4 in TS, 10-Feet” by Hosa.

Why waste gas and go out into the cold to brave thousand of people in malls where parking is scares, when at Amazon, many items are almost free.

 

 

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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