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Buen Fin 2024 is getting closer, bringing thousands of tempting offers for Mexicans. Known as the “cheapest weekend of the year,” it is celebrated in November in Mexico.
The event promotes commerce with massive discounts and special promotions from multiple physical and online stores. In this post, we will tell you what it is, which companies will participate, and how long until Buen Fin 2024.
Buen Fin is a discount event celebrated annually in Mexico. It is an initiative between the Mexican government and the private sector to encourage consumption and support the local market.
The event benefits multiple parties by promoting commerce and economic activity in the country and benefiting Mexican consumers by offering attractive discounts.
Buen Fin has been celebrated since 2011, originating as a strategy to revive the economy after the 2008 financial crisis. It was created to offer Mexican consumers an opportunity similar to Black Friday in the United States.
Since then, it has gained popularity and features numerous companies offering promotions on a wide range of products, from technology and fashion to home goods and more.
Buen Fin 2023 took place from November 17 to 20, with four days of discounts and promotions yielding positive results. Some relevant data from the event includes:
Economic Impact. It reached 151 billion pesos, with an 11.5% increase in sales compared to 2022, according to the Ministry of Economy.
Participation. More than 176,000 companies participated, serving about 27 million daily shoppers.
Participating Stores. These included Súper del Norte, Super Compras, Mercado Libre MX, and Coppel, as well as popular retailers like Walmart, Soriana, and Elektra.
Organizers and authorities expected to surpass the previous year's (2022) results, and they did so, not only in terms of sales but also in customer satisfaction.
Buen Fin starts annually before November 20, the date commemorating the Mexican Revolution. This means that Buen Fin 2024 will begin on Friday, November 15, and end on Monday, November 18.
Companies or individuals wishing to participate can do so through the official Buen Fin portal. The registration process is already open.
How long until Buen Fin 2024? As of this publication, there are just over 100 days left until Buen Fin 2024.
Registrations to participate in Buen Fin 2024 began on July 1 of this year, according to a statement from the Ministry of Economy.
Since it's recent, there's no confirmation yet from the companies that will join this year. However, it's expected that the major stores, brands, and establishments from 2023 will participate.
This list would include:
Liverpool
Coppel
Sears
Suburbia
El Nuevo Mundo
El Palacio de Hierro
Sanborns
Super del Norte
Super Compras
Hemsa
Elektra
Soriana
Amazon
Shein
Walmart
Adidas
Tommy Hilfiger
The discounts cover products such as technology, books, fashion, appliances, furniture, and more. You might even find motorcycles on promotion during Buen Fin 2024, especially in stores like Elektra.
The Tax Administration Service (SAT) will organize the ”Buen Fin Lottery” to encourage the use of electronic payments during the event. If you want to participate, you must make purchases with credit or debit cards at registered establishments, among other requirements.
How to Know If the Store Where I Shopped Is Officially Participating?
You can verify this by scanning the QR code available in the company's advertising, both in physical stores and online.
Millions of Mexicans, like you, eagerly await Buen Fin 2024, just like events such as Hot Sale 2024. These are some of the few opportunities to take advantage of low prices in physical establishments and online stores. Here are 5 useful tips for your shopping:
Before Buen Fin 2024 begins, have your product list ready but make sure you really need them. Also, set a clear budget to avoid overspending and affecting your finances. This will help you stay focused and avoid impulse purchases.
Don't make a purchase without comparing prices at various establishments first. Use online tools like the one offered by the Federal Consumer Protection Agency (Profeco) to identify real deals and avoid scams.
Sometimes online stores have discounts not available in physical establishments, so it's worth checking both options to get the best price.
Make sure to understand the return and warranty policies of the selected products before buying. This way, you can avoid issues if you need to return or exchange items that do not meet your expectations.
Opt for payment systems that offer benefits like interest-free months, reward points, or additional discounts.
Also, consider paying with DolarApp, as it is especially useful for large discount events like Buen Fin.
It allows you to buy in MXN or USD, making it ideal for shopping on sites like Shopee MX or buying from Best Buy in Mexico in dollars, for example. Of course, it is also an ideal option for any occasion since you can use its card even in companies that do not participate.
Fraud attempts are very common on the internet and are becoming more sophisticated. While Buen Fin 2024 is an exciting event, you must stay alert and take preventive measures.
Here are some recommendations:
Don't use public computers.
Verify that the URL of the online store is secure.
Before opening an email or SMS, make sure you know the sender. If not familiar, it’s better not to open it to avoid potential risks.
If you receive urgent messages, question their validity and don't respond immediately. Frauds often use urgency to pressure you into acting without thinking.
Do not share your password or any banking information with third parties when using digital media.
Change your access code frequently.
If your banking data is on a mobile device, set up access blocking with a fingerprint, facial recognition, or PIN.
Keep your operating system and store app updated.
Fraudulent messages often contain spelling or grammatical errors. If you notice these, it’s a warning sign not to open the message.
Do not download attachments or click on links in emails if you are unsure of their origin. This can prevent malware installation on your device.
If you have doubts about promotions, alerts, or charges, contact your bank directly to confirm the information.
Do not trust information provided by unverified sources.
By following these tips, you can better protect yourself against any fraud attempts.
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