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Top Strategies to Find the Best Deals Online

Discover top strategies to find the best deals online, from setting budgets to using price comparison tools.

21 min read

2 months ago

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Shopping online is super easy and fun, but finding the best deals can be a bit tricky. Whether you're buying clothes, gadgets, or groceries, it's important to save money. This article will show you some smart ways to get the best prices on everything you want to buy online.

Key Takeaways

  • Make a budget and stick to it to avoid overspending.
  • Use price comparison tools to find the lowest prices.
  • Look for coupons and promo codes to save extra money.
  • Sign up for newsletters to get exclusive deals and updates.
  • Take advantage of free shipping offers to save more.

Set a Budget and Make a Shopping List

Before diving into online shopping, it's crucial to set a budget. Planning your spending helps you avoid debt and manage your finances better. One popular method is the 50/30/20 budget, which divides your income into needs, wants, and savings.

Once you have a budget, make a shopping list. This list should include all the items you plan to buy. Sticking to this list will help you avoid impulse purchases and stay within your budget.

Creating a budget and a shopping list not only saves money but also makes your shopping experience more organized and stress-free.

Steps to Create a Budget and Shopping List

  1. Calculate your monthly income.
  2. Use the 50/30/20 rule to allocate your income.
  3. List all the items you need to buy.
  4. Prioritize the items on your list.
  5. Stick to your list while shopping.

By following these steps, you can make smarter financial decisions and find the best deals online.

Keep Items on Your Wish List or in Online Shopping Carts

Adding items to your wish list or online shopping cart can be a smart strategy. When you show interest in a product but don't complete the purchase, some retailers might send you a discount code or coupon to encourage you to buy. This tactic is known as an abandoned cart promotion.

Here are some steps to follow:

  1. Add items to your cart while browsing.
  2. Sign in to the website using your email.
  3. Close the browser without completing the purchase.
  4. Check your email for any special offers or discounts.
Sometimes, just waiting a few days can lead to unexpected savings. Retailers often want to convert potential sales into actual purchases, so they might offer you a deal to make it happen.

Use Price Comparison Tools

Before you buy anything, make sure to compare prices. You don't want to pay more when you could get it cheaper somewhere else. Here are some tools to help you find the best deals:

  • Google Shopping: Search for products and see prices from different stores.
  • ShopSavvy: This app shows real-time prices from both online and physical stores. You can even ask for a price match using this info.
  • Honey: A browser extension that finds the best prices and promo codes for you. It automatically applies the best savings when you add items to your cart.
Using these tools can help you decide if a deal is really worth it. Sometimes, prices change right before a sale starts, so it's good to check.

Also, look into price-matching policies. Stores like Best Buy and Target might match lower prices from competitors. Some even offer partial refunds if the price drops after you buy something. You can call customer service or use online chat to ask for these adjustments.

Know Where to Find Coupons

Finding coupons can be a game-changer when it comes to saving money on your purchases. Knowing where to look can make all the difference. Here are some tips to help you find the best coupons:

  • Coupon Websites: Websites like RetailMeNot and Coupons.com are treasure troves for finding discount codes and printable coupons. Simply search for the store or product you're interested in, and you'll likely find a coupon to use.

  • Coupon Apps: Mobile apps such as Coupon Sherpa and RetailMeNot make it easy to find deals on the go. These apps aggregate coupons from various stores, helping you save money whether you're shopping online or in-store.

  • Email Subscriptions: Many retailers offer exclusive discounts to customers who sign up for their newsletters. It's worth subscribing to your favorite stores to receive these special offers directly in your inbox.

  • Browser Extensions: Tools like the Honey browser extension automatically search for and apply coupons at checkout, ensuring you never miss a deal.

Taking a few minutes to search for coupons before making a purchase can lead to significant savings over time. Make it a habit to check these resources regularly.

Consider Refurbished Items

When shopping for gadgets, kitchen appliances, or power tools, consider refurbished options to save money without losing quality. Retailers like Amazon, Best Buy, and Decluttr.com offer refurbished items such as laptops, smartphones, and tablets at much lower prices than new ones.

Before making a purchase, ensure the refurbished product comes with a solid warranty. For example, Decluttr provides a free 12-month limited warranty on their refurbished devices, giving you peace of mind.

Refurbished items can be a great way to get high-quality products at a fraction of the cost. Always check the warranty and return policy to ensure you're covered in case of any issues.

By choosing refurbished, you can enjoy significant savings while still getting reliable and high-quality products.

Set Sale Alerts

Setting sale alerts can save you a lot of time and effort. Instead of constantly checking for discounts, you can let the tools do the work for you. Here’s how you can make the most of sale alerts:

  • Use Discount Shopping Sites: Websites like Slickdeals.net allow you to set alerts for specific items. When the price drops, you’ll get a notification with the sale details.
  • Browser Extensions: Some sites offer browser extensions that automatically alert you to savings as you browse online.
  • Shopping Apps: Apps like the Amazon Shopping app let you set up personalized deal alerts. You’ll get notified when items you’ve searched for go on sale.
  • Email Alerts: Sign up for email alerts from your favorite stores. They’ll notify you when there’s a sale or a price drop on items you’re interested in.
Setting sale alerts is a smart way to ensure you never miss a good deal. It’s like having a personal shopping assistant that keeps an eye on prices for you.

Ask for a Rain Check

If an item you want is on sale but out of stock, don't worry. You can still get the sale price by asking for a rain check. This means the store will honor the lower price when the item is back in stock, even if the sale has ended.

Here's how to ask for a rain check:

  1. Go to the customer service desk or speak to a store associate.
  2. Request a rain check for the out-of-stock item.
  3. Provide any necessary details, like the sale price and item description.
  4. Keep the rain check slip safe until the item is back in stock.
A rain check ensures you don't miss out on deals just because an item is temporarily unavailable. Always ask for one to save money!

Speak to a Store Associate

If you're not finding the deals you want, talk to a store associate or online customer service representative. They might know about discounts or promotions that aren't advertised.

  • Ask if there are any current discounts or promotions.
  • Inquire about upcoming sales or special events.
  • See if they can offer a price match for a lower price you found elsewhere.
Sometimes, just asking can lead to unexpected savings. Store associates often have information that can help you save money.

Be Social on Shopping Platforms

Social media isn't just for sharing photos and updates with friends and family. It's also a great way to connect with brands and retailers that offer exclusive deals and special coupons to their followers. By following, liking, or subscribing to your favorite stores on Instagram, Twitter, Facebook, and Pinterest, you can find extra savings.

Many young people start their shopping journey on social media. Stores should use social media marketing to catch their attention.

Here are some tips to make the most of social media for shopping:

  • Follow your favorite brands for exclusive deals.
  • Look out for influencer discount codes.
  • Join online communities like Reddit for shared coupon codes.

By being active on social media, you can uncover hidden deals and save money on your purchases.

Shop Secondhand

Before buying anything brand new, run a quick search online to see if you can find the same or similar item used so you pay a fraction of the regular retail price. A fantastic way to get great deals is to look for items secondhand. There are many platforms that make secondhand shopping as easy as any other online shopping site.

Get in the habit of checking local reselling marketplaces such as Facebook Marketplace and OfferUp as well as online resale sites like Poshmark, eBay, and The RealReal. The Swoondle Society makes it even easier to save on kids' clothing as you can swap items they’ve grown out of for like-new pieces in their current size.

Shopping secondhand not only saves you money but also helps reduce waste and supports sustainable practices.

Seek Price Adjustments

Don't think your savings end at checkout. One of the best ways to save money is actually after you've made a purchase. Many big stores have a price adjustment policy, usually within seven to 14 days. This means if the item you bought drops in price within that time, you can get the difference back. Just bring in your receipt to get the adjustment.

Monitoring prices after buying something can be time-consuming. But tools like Edison Mail's Price Alert feature can help. It tracks digital receipts in your inbox and notifies you if any prices drop by more than $1. If you're eligible for a price adjustment, it even sends you a pre-filled email template to request the refund easily.

Also, check out price-matching policies. Stores like Best Buy and Target might match a lower price found on a competitor's website. Some will even give you a partial refund if you see a price drop soon after buying an item. You can call customer service or use online chat to request an adjustment. To make comparing prices faster, use tools like Google Shopping, ShopMania, or Yahoo Shopping.

Use Money-Saving Apps

Using money-saving apps can make finding the best deals online much easier. These apps can help you save money by finding discounts, promo codes, and even cash back offers. Here are some popular money-saving apps you should consider:

  • Honey: This app automatically finds and applies coupon codes at checkout.
  • Rakuten: Earn cash back on purchases from a wide range of retailers.
  • Ibotta: Get cash back on groceries and other everyday items.
  • RetailMeNot: Find deals and promo codes for various stores.
Downloading and using these apps can significantly reduce your shopping expenses without much effort. They do the hard work for you, so you can enjoy the savings.

Browse Promo Code Websites

Browsing promo code websites can be a game-changer when it comes to saving money online. These sites aggregate the latest discounts and deals from various retailers, making it easy to find savings. Here are some popular options to consider:

  • RetailMeNot: This site offers a wide range of current promo codes and sales. Simply search for the store where you found an item to see if any discounts are available.
  • Coupons.com: Great for everyday purchases, this site provides a collection of discounts directly from companies that can be used at various stores.
  • Groupon: Known for local entertainment deals, Groupon also offers discounts on apparel, games, and more.
Using promo code websites can significantly reduce your shopping expenses, making it easier to stick to your budget.

By regularly checking these sites, you can ensure you're always getting the best possible deal on your online purchases.

Time Your Purchases

Timing is everything when it comes to finding the best deals online. Shopping at the right time can save you a lot of money. Here are some tips to help you time your purchases perfectly:

  • Shop during sales events: Major sales events like Black Friday, Cyber Monday, and Prime Day offer significant discounts on a wide range of products.
  • End-of-season sales: Retailers often clear out inventory at the end of each season, making it a great time to buy clothing and other seasonal items.
  • Holiday sales: Look out for sales around holidays like Memorial Day, Labor Day, and Christmas.
  • Weekday shopping: Some studies suggest that shopping on certain weekdays, like Tuesday or Wednesday, can yield better deals than weekends.
Remember, patience can pay off. Waiting for the right time to buy can lead to substantial savings.

Sign Up for Newsletters

Signing up for newsletters from your favorite stores can be a great way to find the best deals online. Many brands offer exclusive discounts and early access to sales for their subscribers. This means you can snag deals before they are available to the general public.

Additionally, newsletters often include special promotions, flash sales, and subscriber-only coupons. Here are some benefits of signing up for newsletters:

  • Early access to sales
  • Exclusive discounts
  • Special promotions
  • Subscriber-only coupons
Don't miss out on these savings opportunities. Signing up for newsletters can be a simple yet effective strategy to save money on your online purchases.

Use Cashback Websites

Cashback websites are a fantastic way to save money on your online purchases. These platforms give you a percentage of your spending back, either as cash or points, which can be redeemed later. Using cashback websites can significantly reduce your overall expenses.

To get started, sign up for popular cashback sites like TopCashback, Rakuten, BeFrugal, and Upromise. Some credit card companies, such as Chase, Citi, and Barclays, also offer their own shopping portals where you can earn extra rewards.

Here are some steps to maximize your savings:

  1. Create an account on a cashback website.
  2. Browse through the list of partnered retailers.
  3. Click on the retailer's link from the cashback site to start shopping.
  4. Complete your purchase as usual.
  5. Earn cashback or points, which will be credited to your account.
Remember, the right cashback portal can vary depending on the store and time of year. Always compare rates to get the best deal.

For a quick comparison of different cashback rates, use tools like Cashback Monitor, Evreward, or Cashbackholic. These aggregators show you the best deals available across multiple portals, saving you time and effort.

Take Advantage of Free Shipping Offers

One of the easiest ways to save money while shopping online is to take advantage of free shipping offers. Many retailers provide free shipping if you meet a minimum purchase amount. This can be a great way to save, especially if you were planning to buy multiple items anyway.

Choose In-Store Pickup

If you shop online often, you could save a lot over the year by avoiding shipping fees. Most stores offer free in-store pickup, which is usually available the same day. This option can be very convenient and cost-effective.

Join Loyalty Programs

Many stores offer free shipping to rewards program members or loyalty club members. Signing up for these programs can provide you with additional savings and benefits.

Look for Free Shipping Promotions

Retailers often run promotions that include free shipping. Keep an eye out for these deals, especially during holiday seasons or special sales events.

Combine Orders

To meet the minimum purchase amount for free shipping, consider combining your orders. This way, you can avoid multiple shipping fees and save more.

Free shipping offers can significantly reduce your overall shopping costs. Always look for these deals to maximize your savings.

Use Multiple Payment Methods for Savings

Using different payment methods can help you save money in various ways. Combining rewards from different sources can maximize your savings. Here are some strategies to consider:

  • Credit Cards with Rewards: Use credit cards that offer cash back, points, or miles for your purchases. Make sure to pay off the balance each month to avoid interest charges.
  • Discounted Gift Cards: Purchase gift cards at a discount from websites like Raise or CardCash and use them to pay for your online shopping.
  • Cashback Websites: Shop through cashback websites like Rakuten or Swagbucks to earn a percentage of your purchase back in cash.
  • Store-Specific Payment Options: Some stores offer additional discounts or rewards when you use their branded credit cards or payment methods.
By mixing and matching these payment methods, you can significantly reduce the overall cost of your online purchases.

Check for Student or Senior Discounts

Many stores and online retailers offer special discounts for students and seniors. These discounts can help you save a lot of money on your purchases. Here are some tips to make the most of these offers:

  • Always carry your student ID or proof of age when shopping in-store.
  • Look for online stores that have a dedicated section for student or senior discounts.
  • Sign up for newsletters from your favorite brands to stay updated on exclusive offers.
Don't hesitate to ask a store associate if they offer any student or senior discounts. Sometimes, these deals are not advertised but are available upon request.

By taking advantage of these discounts, you can make your money go further and enjoy more savings on your favorite items.

Follow Brands on Social Media

Following your favorite brands on social media can lead to exclusive deals and special discounts. Brands often share limited-time offers and coupons with their followers on platforms like Instagram, Twitter, Facebook, and Pinterest.

Benefits of Following Brands

  • Access to exclusive deals and promotions
  • Early notifications about sales and new products
  • Opportunities to participate in giveaways and contests

How to Follow Brands

  1. Search for your favorite brands on social media platforms.
  2. Click the follow, like, or subscribe button.
  3. Turn on notifications to stay updated on their latest posts.
Staying connected with brands on social media can help you save money and stay informed about the latest trends and products.

Use Browser Extensions for Deals

Browser extensions are a fantastic way to save money while shopping online. These tools can automatically find and apply the best deals and coupons for you. When you view a product, some extensions will notify you if it qualifies for rewards or discounts.

Here are some popular browser extensions you might want to consider:

  • Rakuten
  • Capital One Shopping
  • Honey
  • American Airlines AAdvantage eShopping
  • Southwest Rapid Rewards Shopping
  • United Airlines MileagePlus Shopping

Using these extensions is simple. Just download and install them on your browser. When you shop online, they will automatically search for the best prices and apply any available coupons. This can save you a lot of time and money.

Installing multiple extensions can give you a series of helpful pop-ups whenever an item qualifies for a deal.

In summary, browser extensions are a must-have tool for anyone looking to find the best deals online. They make the process of saving money effortless and efficient.

Look for Holiday Sales

Holiday sales are a great time to find amazing deals. Retailers often offer significant discounts during these periods. Here are some key holidays to keep an eye on:

  • Black Friday and Cyber Monday: These sales happen during Thanksgiving weekend and are known for huge price drops on electronics, clothing, and more.
  • Back-to-School Sales: Late summer is perfect for buying school supplies, clothes, and even computers at lower prices. Some states also have tax-free weekends around this time.
  • Labor Day Sales: In September, you can find great deals on mattresses, home furnishings, and summer items.
Timing your purchases around these holidays can lead to substantial savings. Always check for upcoming sales and plan your shopping accordingly.

Buy in Bulk

Buying in bulk can be a great way to save money, especially for items you use frequently. When you purchase larger quantities, the cost per unit often decreases, leading to significant savings over time. Here are some tips to make the most out of bulk buying:

  • Identify Staples: Focus on non-perishable items like toilet paper, canned goods, and cleaning supplies.
  • Storage Space: Ensure you have enough space to store bulk items without cluttering your home.
  • Compare Prices: Always compare the bulk price to the regular price to ensure you're getting a good deal.
  • Share with Friends or Family: If the quantity is too much for you, consider splitting the purchase with someone else.
Buying in bulk is not just about saving money; it's also about convenience. You make fewer trips to the store, saving time and gas.

Remember, while buying in bulk can offer great savings, it's essential to be mindful of what you actually need to avoid waste.

Join Loyalty Programs

Joining loyalty programs can be a great way to save money and get special deals. Many stores offer these programs to keep customers coming back. When you join, you often get points for every purchase, which can be used for discounts or free items.

Here are some benefits of joining loyalty programs:

  • Exclusive discounts and offers
  • Points or rewards for every purchase
  • Early access to sales and new products
  • Special birthday rewards
Loyalty programs are becoming more popular, especially among younger shoppers. They are twice as likely to join these programs compared to older generations.

To make the most of these programs, sign up at stores where you shop often. You might even get a discount just for joining!

Negotiate Prices and more

Negotiating prices can be a powerful way to save money, especially for big-ticket items. Don't be afraid to ask for a better deal; the worst that can happen is they say no. Here are some tips to help you negotiate effectively:

  1. Do Your Research: Know the average price of the item you're interested in. This gives you a solid foundation for your negotiation.
  2. Be Polite and Friendly: A positive attitude can go a long way in getting a better deal.
  3. Ask for Discounts: Sometimes, simply asking if there are any available discounts can yield surprising results.
  4. Bundle Items: If you're buying multiple items, ask if you can get a discount for purchasing them together.
  5. Be Ready to Walk Away: Sometimes, the best deals come when you're willing to leave without making a purchase.
Negotiation isn't just for markets or car dealerships. You can often negotiate prices in retail stores, especially for items that are slightly damaged or last season's stock.

By using these strategies, you can often get a better price than what's listed. Happy shopping!

Conclusion

Finding the best deals online doesn't have to be hard. By planning your budget, comparing prices, and using tools like apps and websites, you can save a lot of money. Remember to keep an eye out for discounts and sales, and don't be afraid to wait for the right time to buy. With these strategies, you can make sure you're getting the best value for your money every time you shop online. Happy shopping!

Frequently Asked Questions

How can I set a budget for online shopping?

To set a budget for online shopping, first figure out how much money you can spend. Make a list of things you need and want, then divide your money based on that list. This way, you won't spend too much.

What are price comparison tools and how do they work?

Price comparison tools are websites or apps that help you compare prices of the same item from different stores. Just type in the item you are looking for, and these tools will show you where you can find it for the lowest price.

Where can I find coupons for online shopping?

You can find coupons on websites like RetailMeNot or Honey. These sites collect coupons from many stores and let you use them when you check out.

Is it safe to buy refurbished items online?

Yes, it is usually safe to buy refurbished items if you buy from a trusted store. Refurbished items are used items that have been fixed to work like new. Always check the warranty and return policy before buying.

What are sale alerts and how can I set them?

Sale alerts notify you when an item you want goes on sale. You can set them up on shopping websites or apps by selecting the item and choosing the option to get notified when the price drops.

How do cashback websites work?

Cashback websites give you back a small percentage of the money you spend when you shop through their links. You just need to sign up, click on their link to the store, and make your purchase. The cashback will be added to your account.

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