Shopping online is simple and convenient, which makes a lot of people forsake their saving plans. When all you need to do in order to purchase an item is click a couple of times, which takes several seconds at most, it’s really easy to make impulse purchases that you will later regret. Still, with the right plan and adequate methods in place, it’s easy to save money when shopping online. There are several things you should do and the choice is yours. Here are some reliable ways to save money when shopping online.
1. Time, quantity, and priority
The first thing you need to learn is that buying at the best time usually saves the most money. This is why you need to establish a best-time fund. If you already have the money, you will be able to use a limited-time offer to your advantage. In these situations, it’s usually for the best to buy in stock. This way, you’ll make massive savings in the long run. Lastly, just because something is on sale, it doesn’t mean that you actually need the product. So, reexamine your priorities before committing to a purchase. Keep in mind, things that are on sale are still not free.
2. Brand loyalty is counter-productive
There’s only one thing you should remain loyal to when it comes to your budget, and that thing is your own wallet. Buying from just one brand is counter-productive. When making a purchase and especially during research, make sure to look into all the different brands and try to see which product offers the best cost-efficiency. E-commerce platforms like Shoppster sell goods from different brands and vendors. This way, it will be easier to avoid this counter-productive brand loyalty.
3. Save money on delivery
First of all, you should check if the vendor in question offers special deliveries. If not, you can try to place a larger purchase from the same vendor and avoid having to pay for multiple deliveries. Second, there’s a chance that, if the store has both brick-and-mortar and e-commerce presence, the item can be delivered to the store rather than your home address. This way, you can probably avoid paying for the delivery, although you would have to go to the store to get it. In this scenario, you sacrifice convenience for the sake of saving money.
4. Shopping cart abandonment
From the perspective of a retailer, shopping cart abandonment is a nightmare, however, for the consumer, it can be a positive thing. Place an item into the basket and then leave without buying it. Chances are that the item in the basket may go on sale at one point and the retailer will definitely notify you about this. It’s also noted that once something is in your shopping cart, advertisers might start sending you offers from other retailers. Finally, there’s a psychological trick behind this idea. If you return to the cart at a subsequent date, you will avoid making an impulse purchase.
5. Buy second-hand
This is probably one tip on this list that is applicable to traditional retail, as well. You see, saving money when shopping online is not a simple task. However, it is relatively easy to find marketplaces and vendors who sell only used items. You can find this on Amazon, eBay or even social network platforms like Facebook or Instagram. Sure, you’re buying a used item but you’re probably getting it at merely a fraction of the price. While some may not be comfortable with the idea, others can see it as a great way to create discounts.
6. Get your cash back
There are a lot of ways for you to get your cash back. First of all, you can pay using a credit card, thus earning points that you can redeem later on. You can also use loyalty cards and participate in loyalty programs that reward you with points that are redeemable in form of a discount. You can also look for cash-back deals online. Keep in mind that this is actual money (or a point that has the value of actual money) that is rightfully yours.
The last thing you should keep in mind is the fact that you need to set realistic saving expectations. Each of the above-listed methods, when applied, can save you a couple of collars at a time. This may seem as insignificant but if you keep track of all these savings, you will notice that the accumulated worth of saved money is nothing to sneeze at. Even more importantly, by applying these measures, you’re adopting a money-saving mindset.