Everyone likes to save money – especially when we’re buying new items that we’ve been after for a while. However, knowing how to find that deal can sometimes be a minefield and we often end up buying an item for the price in front of us for convenience.
Fortunately, there are now more ways to shop than ever with physical stores, markets and online shopping which means there are additional places where you might find the deal you’ve been hoping for. While shopping on the high street remains a popular activity, by the end of 2020, 87% of UK internet users had purchased something online which highlights the prominence of online shopping.
Getting the best deal doesn’t have to be online however, here are our top tips for getting the best deals online and on the high street.
Unless shopping for something highly specific, the likelihood of finding the product you’re after in another store is high. If you want to save money, don’t buy something because it is convenient, do your research on the internet and find the best price online before going to the Highstreet stores.
If the product is cheaper in a shop then buy it but if it isn’t then go back and purchase it online.
Don’t be fooled by the ‘was’ price
The ‘was’ price is one of the oldest tricks in the retail book but it isn’t always what it seems. This is a scheme used to show how much the customer will be saving but often the ‘was’ price is false and elevated to make it seem like you’re getting more bang for your buck. Look out for items on genuine sale not reduced.
Consider product seasonality
A simple trick that can save you a fortune. As we come out of seasons, the products that apply to that season are no longer necessary going forward. For example, if you are after a new coat, summer is the time you need a coat least so you’re more likely to find one on sale but if you wait until winter, their price will shoot back up.
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Take advantage of any workplace benefit schemes
Workplaces often provide benefit schemes for their employees, sometimes as a reward for years of service. One benefit example is the carers card which is great for saving money. There are plenty of other employee benefits to choose from and if you’re not sure if your workplace has them, it may be worth asking.