The Savvy Shopper’s Guide to Saving Money While Shopping Online

Gone are the days when shoppers had to stroll through malls and visit different stores to find that one product they’ve been looking for. With the popularity of online shopping, all one has to do today is browse through online retail shops, add something to their cart, click to pay and then wait for the purchase to arrive in the mail. No more pushing carts or carrying heavy baskets, waiting in line, or paying for transport.

Yet despite the comfort and convenience of online shopping, some still argue that visiting physical stores is still the best way to go since you’re likely to take advantage of better deals in traditional stores than in online shops. The truth is, it’s possible to shop and save money online—and even have extra to splurge—as long as you’re armed with the right shopping strategies.

Read on to get the inside scoop on getting the most from your money when online shopping.

Hunt Coupons

Clipping coupons may be a thing of the past. However, online coupons are certainly not. Whether you’re shopping from the US, UK, Australia or anywhere in the world, you can find coupon sites carrying exclusive online vouchers, codes and coupons from all types of retailers, from small merchants to large chain stores. These vouchers or codes entitle shoppers to an extra benefit when checking out an item. The benefit can be in the form of price discounts on the merchandise being paid for, or free shipping on your purchase.

Timing is Everything

With online shopping, you don’t have to wait for stores to open or hurry to beat their business hours just so you could purchase the item you want. You can buy anything, anytime. But, when it comes to scoring the best finds, timing your purchases is key.

  • If you’re looking for great deals on electronics and automobiles, be sure to get ready on a Monday. Gadgets and cars tend to be cheaper on this day since many manufacturers and dealers apply rebates earlier in the week.
  • Most airlines dip their prices on Tuesday afternoons. So better schedule your flight shopping on this day to take advantage of discount airfare deals.
  • On Wednesdays, you’ll be able to find some cool savings on groceries, jewellery, and shoes.
  • As retailers start offering their weekend promos and sales, expect to see discounts on clothing on Thursdays.
  • Not much can be expected on a Friday as retailers gear up for the weekend. However, discounts on accessories such as belts, scarves and jewellery may be available.
  • Meanwhile, Saturdays may be the best day to visit your favourite online bookstore as it is when book sellers slash prices on reading materials.
  • Sundays may be the rest day for some people, but not for savvy shoppers. Expect to score amazing offers on major appliances and groceries when you buy on this day.

Get Cashback

Another great way to save money on your online purchases is by buying through a cashback site. Basically, you receive cashback for shopping when you click through a retailer’s store and complete your purchase via a cashback site instead of going directly to the merchant’s site. The cashback site you signed up for will then track your purchase, collect your cashback, and then forward it directly to your Paypal or bank account. Not only will you save money, but you’ll also earn extra cash.

Aside from providing cashback on regular purchases such as clothing and health and beauty products, some sites can also collect your trailing commission and refund them to you. Trailing commissions are ongoing and regular fees paid by your financial products or services providers, such as your bank or insurer, to the intermediaries who’ve helped build your account.

More Ways to Save

  • Look for cheap or free shipping – Before you click the ‘buy’ button, make sure the item is an absolute steal. You may end up paying more for the shipping fee than for the actual merchandise.
  • Compare prices – The beauty of online shopping is that you no longer have to run from store to store to compare price tags. With a few clicks and keyboard keystrokes, you’ll be able to find the best price on the product you’re eyeing in a matter of minutes.

How Cashback Club Works