Online shopping is the new trend these days. One of the most successful shopping destinations doesn’t have a physical store (Amazon). Different shopping sites like Amazon, eBay or Alibaba are offering schemes and discounts to attract shoppers. There are ways shoppers can get significant discounts using tricks of their own.
Dynamic pricing is a big trap
Online retailers use dynamic pricing to offer shoppers different prices based on market factors, demand and most importantly the shopper’s browsing and spending pattern. Because of the advancement in our technology, online shopping companies can now track their shopper’s browsing history and gives them an idea of their client’s online behavior. Online retailers use this data to determine how far you’re willing to pay for specific items. You might get a much higher or lower price than most buyers depending on your shopping history. The best way to avoid this is to erase your history or cookies and log out of your account. You can also use incognito mode when doing online shopping.
Always leave items in your cart
As soon as you find a product you like, let it sit in your cart for a few days. Retailers want you to buy their product so bad; they will find ways to draw you back in and buy that item. Expect an email from the website after a few days offering you different kinds of coupons and discount cards to entice you to buy their products.
Coupons, coupons, coupons
Always look for coupons. There are websites dedicated to coupons and discount cards. If the abandoned-cart strategy is not your cup of coffee, maybe couponing is the best way for you to get discounts.
Social media is the key
Everything is on social media. Retailers and manufacturers are starting to take advantage of the social media; you should too. Follow retailer’s social media accounts like Twitter, Facebook and Instagram to get discounts directly from them. They always give coupons and discount cards to their loyal subscribers.
Compare online and physical store prices
There’s always a price discrepancy between online stores and physical stores, and they don’t always match. For example, you found a terrific deal using the Puffy Mattress coupon that you’ve been saving, but you are not sure if it is a good deal or not. The best thing to do is to check every known physical store in your area and compare the price with its online counterpart. Now that almost every person on this planet owns a smartphone, it is very easy to check and compare prices online. Make it a habit to check every product and compare it with store prices. It will make a difference, trust me.
Use multiple coupon codes properly
If a retailer or manufacturer lets you use various discount cards or coupons, make sure that you use the correct coupons or cards correctly. For example, If you have two coupons for 20% and 15% discount, use the 20% first because stores will give the first discount at full every time.
Price-drop refunds are real
Imagine you bought an item and the next day you found out that the price of that item suddenly dropped. Isn’t that frustrating? Some stores issue a refund if you want to return the item due to price-drop, for a specified period. All you have to do is to contact them by phone and make sure the product is not damaged. If you are using a credit card to pay for the product, make sure that your credit card company also have refunds because sometimes even if the store can give you refunds, but the card company does not offer it, then there’s a small chance you will get a price-drop refund.