How to Save Money with Online Deals
Saving money with online deals can be a great way to get discounts and save on your purchases. Here are some tips to help you maximize your savings:
- Sign up for newsletters and deal alerts: Subscribe to newsletters from your favorite online retailers, coupon websites, and deal aggregators. They often send out exclusive discounts, promo codes, and notifications about upcoming sales.
- Utilize coupon and promo code websites: Visit websites that specialize in collecting and sharing coupon codes and promo offers, such as RetailMeNot, Honey, or Coupons.com. Before making a purchase, search for relevant codes to apply at checkout and get discounts on your order.
- Take advantage of cashback websites and apps: Sign up for cashback websites or use cashback apps like Rakuten (formerly Ebates), Swagbucks, or TopCashback. When you make purchases through these platforms, you can earn a percentage of your spending back as cashback.
- Shop during sales and promotional events: Keep an eye out for major sales events like Black Friday, Cyber Monday, Prime Day, or seasonal sales. Many online retailers offer significant discounts during these periods. Additionally, retailers may have their own unique sales events, so check their websites or newsletters for special promotions.
- Comparison shop and use price-tracking tools: Before making a purchase, compare prices across different online retailers to ensure you’re getting the best deal. You can use price-tracking tools like CamelCamelCamel for Amazon or Google Shopping to see price histories and set price alerts for specific products.
- Utilize customer rewards and loyalty programs: Take advantage of customer rewards programs offered by online retailers. These programs often provide points or rewards for purchases that can be redeemed for discounts or freebies in the future.
- Follow retailers on social media: Many retailers announce exclusive discounts, flash sales, or limited-time promotions on their social media channels. Follow your favorite retailers on platforms like Facebook, Instagram, or Twitter to stay updated on their latest deals.
- Abandon your cart and wait for discounts: If you’re not in a rush to purchase, try adding items to your online shopping cart and then leave them for a day or two. Retailers may send you follow-up emails with discount offers or incentives to encourage you to complete your purchase.
- Use price alerts and wish lists: Some online retailers allow you to set price alerts for specific products or create wish lists. This way, you’ll be notified when the prices drop or when items on your wish list go on sale.
- Buy in bulk or combine orders for free shipping: Check if the online retailer offers free shipping on orders over a certain amount. Consider buying multiple items at once or combining orders with friends or family members to meet the minimum for free shipping.
Remember to always compare prices, read reviews, and check the terms and conditions of any deals or promotions. Be cautious of impulse buying and only purchase items you actually need or have been planning to buy.
When is the Best Time of Year to Save Money Shopping Online
While online deals can be found throughout the year, there are specific periods when you may find better discounts and promotions. Here are some key times when you’re more likely to encounter attractive online deals:
- Black Friday and Cyber Monday: These shopping events occur in late November, with Black Friday following Thanksgiving and Cyber Monday immediately after. Many online retailers offer substantial discounts and promotions during this time, making it an excellent opportunity to find great deals on a wide range of products.
- Cyber Week: Following Cyber Monday, some retailers extend their online deals throughout the entire week, known as Cyber Week. You may continue to find discounts, flash sales, and special promotions during this period.
- Amazon Prime Day: Typically held in July, Amazon Prime Day is an exclusive sales event for Amazon Prime members. During this time, Amazon offers significant discounts on a variety of products, including electronics, home goods, beauty, and more.
- Seasonal Sales: Look out for seasonal sales throughout the year, such as New Year sales, spring sales, summer sales, and back-to-school sales. Many online retailers offer discounts on seasonal items, clothing, outdoor gear, and more during these periods.
- Holiday Sales: Various holidays throughout the year, including Memorial Day, Labor Day, and Independence Day, often bring forth online deals. Retailers may offer discounts and promotions during these holidays, especially on items associated with the holiday theme, such as outdoor furniture or grills.
- Clearances and End-of-Season Sales: Towards the end of each season, online retailers often discount products to make room for new inventory. Look for end-of-season sales where you may find significant markdowns on clothing, shoes, home decor, and more.
- Retailer Anniversary Sales: Some online retailers celebrate their anniversary with special sales events. Keep an eye out for anniversary sales or special promotions announced by your favorite retailers.
- Flash Sales and Daily Deals: Online retailers frequently offer flash sales or limited-time daily deals on specific products or product categories. These sales typically last for a short period, often 24 hours or less. Stay alert and check websites regularly to catch these time-sensitive deals.
- Email Newsletters and Loyalty Programs: Sign up for email newsletters and loyalty programs offered by online retailers. Subscribers often receive exclusive discounts, early access to sales, and personalized promotions.
While these periods are generally known for online deals, it’s important to note that retailers may have their own unique sales events or promotions. So, keep an eye on the websites and newsletters of your favorite online retailers to stay informed about upcoming deals and discounts. Additionally, price comparison and deal aggregator websites can help you find the best online deals across multiple retailers.