Tips to Save Money on Online Shopping

Tips to Save Money on Online Shopping

Online shopping is a huge business nowadays, with more and more consumers across the world turning to the world wide web and mobile applications to purchase goods and services. It has not only provided convenience but also increased spending choices.

With just a click on the cart icon, large purchases are being made. If you are active in online shopping, here are some tips on how to save big on your purchases.

Time Your Purchases

From time to time, companies set out huge discounts on some of their items for bargain hunters. Look out when they will have this sale. Subscribe to their newsletter via email or to their social media accounts like Facebook or Instagram. It is through these that they announce when will be it.

Look for out of season sale. Consider buying products like sweaters in the summer and shorts during winter to avail of huge discounts.

Buy Only What You Need

In addition to timing your purchases, do remember to only buy what you really need. Most buyers spend vigorously when they saw that there is a sale. They usually come out of the shopping center full of bags of purchased goods. Some of these items are not actually needed and they are only enticed to buy it because of the sale.

Avail of Vouchers

Look for vouchers or discount coupons wherein you can avail a discount by entering specific promo code. There are a lot of sites that compiles this. One example is Dealslands. Just remember to read the terms and conditions and other details which include the expiry date and minimum purchase, if there’s any.

Go to Group Buying Sites

Local group buying sites such as Metrodeal and TCAT Philippines provide huge discounts for buyers as they capitalize on volume purchases from their partner merchants. Research the net for users who availed on this as sometimes they are having problems with the merchants honoring their purchased vouchers. Likewise, don’t forget to read the fine print on details about expiry date and other pertinent details.

Compare Prices

Every shopper wants to maximize the purchasing capacity of his money. Look for different websites offering the same product you’re interested to buy and compare it. If you are unhappy with the product you bought, do not hesitate to contact their customer service representative.

Use Credit Card Wisely

Credit cards are your friend when you are shopping online. They can save you substantial amount when used properly due to the deals between the merchants and bankers. Also, some online retailers offer cash back on purchases made through credit cards, which helps you save big time. However, they will be your enemy if you don’t pay it on time as there will be huge penalties and late payment charges if you missed paying them.

Tyrone is a passionate financial literacy advocate. He started this blog on November 2008 when he watched The Secret which talked about Law of Attraction because he wanted to become a millionaire and wanted to know how a millionaire acts. At the age of 26, he achieved his first million. To find out more about him, click here or follow him at Instagram

2 responses on “Tips to Save Money on Online Shopping

  1. Thanks for sharing one of the most needed tips nowadays. One can easily save money on online shopping by using some coupons and promocodes. They can really help a customer to get extra discounts on desired products. You can also signup to coupons site to get coupons directly into your inbox.

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