Cyber Monday has become quite a big event! Having a cyber-saving-spree does make sense now that I think about it because internet retailers can’t really ‘open their doors’ early to let customers in to buy the super-cheap laptop that is on sale at a rock-bottom price (even if the the store only has 2 available in stock). Designating a day for internet savings is a great idea so that Amazon and other internet retailers can have their sales and people can shop from the comfort of their cubes at work. (I wonder how much work productivity is lost in work in offices across the world on Cyber Monday?)
For some retailers, the name ‘Cyber Monday’ is actually a misnomer. For example, Amazon started their deals on Sunday, and savings are supposed to last all week long, with new sales appearing throughout each day. Imagine how addicting these types of deals must be for those who truly love to shop. I imagine these folks hitting ‘refresh’ on their computer all day, every day, and having the time of their lives!
Tips For Cyber Monday Shopping:
Cyber Monday can definitely be a money saving event. However, keep the following in mind to optimize your savings:
- Have a list in hand! Just as if you were going to the grocery store, you should have a list of what you want to buy and stick to it! Do not allow yourself to be tempted to purchase items that you really don’t need.
- Try to get free shipping. Plan ahead so you can bundle what you buy. Many online retailers have free shipping if you spend over a certain amount. If you do your spending at once, you may order enough to take advantage of the shipping deals. Whatever you do, don’t ‘spend just to spend’, just so you can get free shipping.
- Take advantage of promotion codes. Not all retailers have promotion codes, but it is surprising how many do. Doesn’t hurt to take a quick look on the internet. (Any time their is a box asking for a promo code, make sure you do an internet search to find one.) Since time may be of the essence for some deals, it is a good idea to search for these promotion codes before you start shopping so you don’t waste any time and can get to the checkout quickly.
- Look through the Entertainment Book. Although most coupons in the Entertainment Book expire November 1st, the deals in section ‘G’ mostly last until December 31st. Many of the specials for stores like Bed Bath and Beyond are based on a coupon code specified in the Entertainment Book. Other deals, for stores such as Dick’s Sporting Goods, are valid on a special section of their internet site. So, instead of throwing out your Entertainment Book at the beginning of the November, hang on to it through the end of the year to take advantage of this section of deals.
- Charge it! Pay for your online orders with a credit card as opposed to a debit card. That way, if you don’t receive your items or are a victim of fraud, you can dispute the charge and be reimbursed.
- Be safe. Cyber Monday is a great opportunity for shady retailers to take advantage of consumers. Think twice about shopping with a little-known retailer. Also, for increased security, do all your shopping from a secure connection as opposed to a public area, and make sure the computer has proper security and firewall protection. Hang on to all your receipts and read the fine print on all transactions too.
- Make sure you are really getting a deal. Just because an item is ‘on sale’ does not mean it is being offered at a great price. Double check prices at other stores before proceeding to the checkout.