Most of us love to shop online for different reasons – it’s quick, convenient, and there are lots of benefits offered by different companies. However, just like any other business, online companies are there to make as many profits as possible. While there could be several ways that you can save money shopping online, these companies can hardly reveal them to you. Plus, you can easily miss out on other chances if you’re not sure where to find them. But look, we’ve good news for you. At the end of this piece, you’ll be in a better position to save as much money as possible. Please read on.
- Watch Out for Coupons
Coupons are one of the most effective ways to save money when shopping online. There are several products with coupon codes which you can easily miss to see. Probably because you’re too quick to press the “Buy Now” icon. This can be painful and heartbreaking if later on – after purchasing the product – you come to learn of the available coupon code. But don’t wait till it’s too late. Always ensure to be keen on products with coupon codes when doing your selection. Fortunately, there are quite a number of products selling websites, such as the Voucher Empire, that collects several coupon codes from various retailers which you can visit to check up the amazing cashback deals on different products. This way, you’ll get to save a good deal of money which you can use on other frugal deals as wells.
- Outsmart Dynamic Pricing
Online companies are constantly looking for different ways possible to make more and more money. One of these is the dynamic pricing strategy. This is where different merchants show different prices based on the customers’ location, current demand for the brand, browsing history, or their spending patterns. They tend to play with your mind in order to fetch more money for a specific product or service. If you’re not keen, you might end up paying 2+ times the price of the product or service. Therefore, ensure to always sign out of all accounts and use incognito mode instead and clear all cookies and browser history to always look like a new client visiting the site. You may also consider using a VPN that doesn’t actually reveal your current IP address. These steps will always help you stay safe from different price methods used by most companies to maximize profits.
- Look for the Right Day to Shop
You in school or your workplace and you meet a colleague with an exact same brand as yours. Perhaps they bought it online the same week as you. But when you ask for the amount they spent purchasing their product, you might be surprised to find out it’s different from what you spent on the same product – if you bought on a different day. Well, this is what normally happens throughout the week. Prices for different online products are constantly varying with some days being cheaper and others a bit expensive. But you cannot expect any company to tell you not to purchase their products on a Monday but wait till Wednesday as it will be much cheaper. In most cases, prices are significantly lower if you shop on a Wednesday, making it a better strategy to save money.
- Consider the Price-Comparison Technology
Comparing prices for a specific item from different online companies is not only difficult but it’s also time-consuming. And I doubt if you’re willing to spare such a time looking through different companies, considering there are dozens of them in existence. Luckily, there are apps that can automatically do the work for you as you continue with your product selection. These apps, such as the PriceBlink browser add-on will scan the internet and help you identify the cheapest brand of all. This allows you to save much on what you’d have spent if, by chance, you’d landed on the most expensive brand without comparing it with the prices in other sites.
- Add Selected Items to Your Wish List
Don’t rush to make a purchase of the items selected yet. Just make a selection of everything you’ll need and add them to your shopping carts then relax for some time. If there’ll be a price drop on particular products, you’ll get email alerts about the same. But in some site, especially those that do not use email alerts, you’ll have to remain logged in with your cart to be notified in case of a price drop. The best way to go about online shopping is by having a separate email specifically for such email alerts and related notifications for convenience.
- Ask for Price-Drop Refunds
As stated above, prices for different online products keep varying. You can purchase a product today at a certain amount and when you check back the next day, the price has dropped significantly. This can be very disappointing and you may end up regretting all day. However, some companies can issue a price-drop refund equivalent to the amount the price has dropped from when you purchased it. But this will only be applicable if you contact the merchants within a few days of shopping.
- Be Smart About Multiple Coupon Codes
Some sites can allow you to combine different promo codes and coupons at the checkout. This can be a smart option to save money if you’ll use it strategically. For instance, you may be having a coupon for 15% and a promo code for a 25% discount. In such a scenario, you need to start by applying the promo code followed by the coupon. This will result in a 25% subtraction from the whole price then you can go for the 15% discount coupon and you’ll have saved a good amount of money. Sounds great, right?
By now, you’re in a better position to save as much as possible through the different ways explained above. Regardless of your lifestyle, you need to be smart when shopping online. You may easily miss on some amazing offers just because you weren’t keen enough. No one will remind you that “hey, you’ve skipped the coupon code.” Apply these methods on your next online shopping and rest assured of an efficient way of spending money. You may also look out for other relevant themed blogs about online shopping strategies to save money. Good luck!