He Good end marks the beginning of a period, which takes place in November, thousands of consumers across the country rush to stores, online and physical, to take advantage of attractive offers and discounts on a wide range of products and services. This year, Buen Fin is expected to be a major boost to the economy, as merchants offer special promotions in a variety of categories, from electronics to clothing, contributing to a festive shopping season in Mexico.
The ‘Buen Fin’ has become a key moment in the shopping calendar of many people throughout the Mexican territory, causing a great stir among consumers who look forward to this event. The exclusive benefits and special offers offered by banks are part of what makes these dates so exciting for those looking to make discount purchases.
When will Buen Fin 2023 start?
From November 17 to 20, 2023, Mexico is preparing for the long-awaited Buen Fin, an event that promises to offer consumers a wide range of discounts of up to 70% on various products and services. However, this year, the Tax Administration Service (SAT) adds additional excitement to the event, as it will raffle the astonishing sum of up to 500 million pesos between participating businesses and users who make purchases during this period.
Do you want to know how to participate in the SAT del Buen Fin 2023 Draw?
For consumers who wish to have the opportunity to participate in this exciting draw, they must make at least one purchase of 250 pesos or more using their credit or debit card in stores duly registered on the website elbuenfin.org.
In the case of businesses, those who have reported cumulative income of up to 5 million pesos in 2022 and have registered on the Buen Fin portal will have the opportunity to join the draw before November 16 of this year. In addition, they must ensure that they receive at least one transaction of at least 250 pesos, made through an electronic payment method, during the period between November 17 and 20.
What is Buen Fin about and why is it held in Mexico?
El Buen Fin, a deep-rooted annual tradition in Mexico, represents an unmissable opportunity for consumers, since during this event that extends over several dates, they can enjoy discounts on a wide range of products and services throughout the country. .
It is essential to highlight that the genesis of this initiative lies in the need to promote Mexico’s economic recovery, turning it into a strategic opportunity for both merchants and consumers. The event not only seeks to promote local commerce, but also aims to stimulate the country’s economy as a whole, promoting responsible spending and providing Mexicans with a window of opportunities to purchase products at more affordable prices.
El Buen Fin: What figures were reached in 2022?
Sales of Buen Fin 2022 did not meet expectations, remaining at 134,000 million pesos, below the 195,000 million estimated by the Ministry of Economy and the business chambers. For Buen Fin 2023, a goal of 141.12 billion pesos has been established, representing a projected 5% increase in total sales during the four days of the event compared to the previous year, according to the National Association of Self-Service Stores and Departmental (ANTAD).
This announcement comes against a backdrop of solid economic recovery after the pandemic, with private consumption remaining above 4% for a quarter and inflation contained at 4.79%, its lowest level since March 2021. The organization has The objective is to increase the number of companies participating in Buen Fin 2022 by 25%, thus surpassing the businesses registered in 2021, marking a milestone in business participation in the event.