Online shopping is growing fast in popularity more than ever. During these times, especially due to the COVID-19 pandemic, most shopping is happening online, from electronics to groceries and other household necessities. The rapid acceleration of online shopping has brought about challenges due to the loss of face-to-face encounters with salespersons. Haggling has become much harder, and if you're not budget conscious, retailers are becoming more creative to score big on your bucks. Here are a few smart tips to help you save money when shopping online.
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Compare prices
Shopping online is easy because you can compare prices from different retailers when lounging on your couch. There are websites you can use to compare store-to-store prices and inform you when they change over time. Use price tracking apps like CamelCamelCamel for Amazon and PriceBlink on Chrome and Mozilla Safaris, which pull out the best price from all sites and send you an alert when prices drop. Similarly, use browser extensions that enable you to view the price history of items and compare prices.
Use coupons, discount codes, and gift cards
If you often shop online, a popular solution is using coupons, promotions, discount codes, and gift cards to save money. Browsing through websites in search of coupons seems like a commitment that many people avoid. However, you can sign up using your email on business sites like Checkout Saver to receive alerts on offers and save money with discount gift cards, cash-back, and sign-on bonuses when shopping online.
Know the best time to buy
Even though you're having a lazy day, it may not be the best time to cash out. Online retailers have specific days when they give coupons, sales, and discounts. Take your time to research when these days are so you can purchase items at lower prices. One such day is November Black Friday, where you can get almost all items at very subsidized prices. On regular days, Monday is usually the most expensive, while Tuesday is the best day to purchase electronics like laptops and desktops.
Time for sales and stock up
When you see items you use on a daily basis, buy in bulk and stock up. Make purchases for non-perishable goods, for example, toilet rolls, drinks, and shampoo, this will help you save more. Ensure that you only purchase items that you need to avoid impulse buying.
Cash-back opportunities
When shopping online, you can get paid through cash-back websites when you make a purchase. You can sign up on sites such as Costco and Amazon to receive cash-back rewards when you shop using their credit cards. With shopping portals like Rakuten, formerly known as Ebates, you can shop through affiliate links when you create an account. Afterward, you receive a percentage of cash-back points for every purchase.
Bottom line
Enjoy shopping online at your convenience and ensure you save money while at it. Compare prices before purchasing to get the best deals, know the best time to buy, and stock up whenever there is a sale on products you use daily. Sign up on sites to get alerts on discounts and coupons, and take advantage of cash-back opportunities.
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