Friday 17 September 2021

Black Friday in Costa Rica? Try Black November

Paying the bills


Chile reopens borders to visitors ahead of summer tourism season

Q24N - SANTIAGO (Reuters) - Chile announced plans to...

Chile among the 5 countries that are opening up and living with Covid

Q REPORTS - London (CNN) - More than 18...

Why buy a flat in Dubai

Investing and getting a good income is one of...

Today’s Vehicle Restriction September 17: Plates ending in “9 & 0” CANNOT circulate

QCOSTARICA - For today, Friday, September 17, vehicles with...

Italy to bring in vaccine passes for entire workforce

ROME — Italy is to require the country's entire...

Number of minors victims of the pandemic in Costa Rica reaches 19

QCOSTARICA - A baby of one month and 20...

CCSS activates ‘vacunatón’ against covid-19

QCOSTARICA - Starting this Friday, and for 10 days,...
Paying the bills


It is no secret that close ties between Costa Rica and United States have been creating certain cultural trends in the Central American nation over the years. The Halloween and Thanksgiving Day traditions come to mind, but the rise of consumer culture in Costa Rica is a better example. In this regard, some merchants in Costa Rica are poised to outdo their U.S. counterparts by augmenting the Black Friday shopping event with a Black November.

41504-th_maxBlack Friday in Costa Rica is mostly a 21st century phenomenon. It closely follows the post-Thanksgiving Day shopping madness in the U.S. and it just happens to fall right after a period of inventory clearance and accounting reconciliation in Costa Rica. In the U.S., Black Friday has the connotation of kicking off the busy holiday shopping season, which prompts retailers to use black ink pens on their accounting ledgers to mark profits rather than red ink for losses.

Costa Rica also had a notorious Black Friday in 2011 that involved police raids on the offices of a few online poker firms that were targeted by the U.S. Department of Justice. That may have been a sad Black Friday for online poker enthusiasts and industry insiders, but not for Tico shoppers who set aside portions of their modest paychecks and load up on credit cards for the November shopping bash.

- Advertisement -

What happens is that retailers in Costa Rica try to mirror the deep discounts seen in the U.S. during Black Friday. The intention is the same: Take a chance on reducing margin per unit, but move more merchandise and increase store traffic. This has been a winning formula for Tico merchants, especially for those who sell home appliances, electronics, clothing, toys, perfumes, and even tires.

Black November in Golfito

For Tico consumers, the merchandise warehouses in the port of Golfito, province of Puntarenas, are a shopping mecca. This is where many imported items such as appliances, electronics and liquor arrive, and they are often offered at discount. Golfito is similar to a duty-free zone in Costa Rica, although all taxes are duly applied and collected here. The discounts are based on the fact that items purchased here do not enter the retail supply chain and thus do not incur transportation, distribution and marketing costs.

Instead of waiting for the Black Friday madness, retailers in Golfito have decided to turn the penultimate month of the year into Black November. According to a recent article by Patricia Leon of national newspaper La Nacion, Golfito is ready to welcome shoppers with reduced prices on November 1st.

Expats in Costa Rica who often complain that life here is just too expensive are often seen flocking to Golfito. This year, they will have many transportation and lodging options. Most of them leave from San Jose and provide shoppers with a comfortable, air-conditioned bus equipped with a bathroom to minimize stops. Bus tickets plus overnight accommodation cost between $50 and $60. Domestic airline Sansa, known for providing excellent service and even rescuing wildlife in Costa Rica, will offer round-trip flights to Golfito for just $87.

Some enterprising drivers in Guanacaste are putting together packages for residents of Playas del Coco and other beaches in the Pacific Northwest of Costa Rica. This usually involves transportation to and from San Jose. Shoppers who purchase big items such as stoves, refrigerators, washers, dryers, etc., can negotiate delivery from Golfito to their homes, which is usually about 3 percent of the purchase price. Expats are known to travel to Golfito looking for deals on trusted brands such as Whirlpool, Maytag and GE.

- Advertisement -

Article by Costa Rica Star

- Advertisement -
Paying the bills
Carter Maddox
Carter is self-described as thirty-three-and-a-half years old and his thirty-three-and-a-half years birthday is always on March 3. Carter characteristically avoids pronouns, referring to himself in the third person (e.g. "Carter has a question" rather than, "I have a question"). One day [in 1984], Carter, raised himself up and from that day forward we could all read what Carter writes.

Related Articles

[BLOG] Costa Rican Electric Company – General Maintenance Procedures

During my fifteen plus years of living in Costa Rica, I...

Heliport, Money and Weapons in Costa Rica

Following reports by residents of Las Asturias de Pococí about flyovers...

Subscribe to our stories

To be updated with all the latest news, offers and special announcements.

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.