Online shopping has proved to be a boon for many of us who hate to travel long distances to go to a shopping mall.
You can easily shop sitting in the comfort of your home by clicking your mouse or swiping your finger.
Who would have thought about this possibility 10 years ago!
Here we have listed some 11 cool ways to save money by shopping online.
Ecommerce sites and various other shopping portals not only provide us with all our shopping needs, but they also give us plenty of discounts, coupons, opportunities and offers to save a lot of money.
So, if you love going on a shopping spree online, you must know about some smart ways to save money by shopping online.
How to Save Money by Online Shopping
Best Tips to Save Money from Online Shopping
Curate your Shopping List for the Month
It makes sense to shop all your requirements at one time, then spending hours scrolling aimlessly on various shopping sites. If you do so, you end up buying stuff that you don’t actually need.
Creating a shopping list of stuff you need helps you also save time while shopping online.
You know exactly what to search for, choose from available options and then put the item in your cart. Another benefit of shopping in bulk from a curated shopping list is that you get discounts or free delivery options.
Many websites offer to give free delivery above a particular shopping amount. This helps you save handsomely on the delivery fee.
Compare Prices of Various Products
When you have an item to purchase in mind, it is best to set the search results from ‘low to high’. This enables all the products to be listed in ascending order of their price.
This way, you can choose a brand that suits your needs and budgets. After choosing a particular item of a certain brand on one E-commerce site, you must find the price of the same item on another E-commerce site.
Often, one site offers major discounts on one product, while the other may not offering the same discounts.
You can even check various price comparison websites to have a better idea of which product to purchase from which website.
Some websites have additional offers from banks/merchants if you choose to shop from a certain bank card. This helps you save handsomely when shopping online.
Cashback, Coupon Codes, and Discounts
Never ignore these! These are like the additional boosters you get while shopping online. You will be amazed at the amount you save by availing of these coupon codes and discount offers.
To ensure that you have availed of all the discounts and offers your product is eligible for, check on various sites to get the best deal.
Many shopping sites have partnerships with various banks, credit or debit cards, PayPal payments, etc., to offer discounts or cashback to the buyers.
Additionally, there are many dedicated coupon sites that share a few affiliate commissions with the buyer if the purchase is made via their referral link. You need to read these fine prints before making your payments.
(Also Read: Best Cashback Sites to Save Money in 2021)
Redeemable Reward Points
Many websites offer reward points on their products. These can be collected and redeemed later to avail of amazing discounts and offers.
You can also use these points for buying food coupons, movie tickets, discounts on travel, and others. Check the offers section on each website to know how you can benefit from their offerings.
Amazon has a filter to select products that are available at discounted rates. Perhaps, you can check that list first to see if they have something you need.
Check Product Reviews
Before purchasing a product, you should check its product reviews on that site as well as other sites. There are many customer forums online that offer online space for customers to post their personal experiences. You can also start a discussion on such forums to check the credibility of the product. Often, a product that you like may not seem that good after you read its product reviews.
Remember a Better Offer May Come Along
Many people buy a product only to find its price drastically reducing the next day or next week. The Ecommerce sites make use of data mining and your search history to reduce/increase the price of the product. So, if you are comfortable with the price of a product, only then you should proceed. Else, you should keep it in mind and wait for some time until a better offer comes along.
Set Price Alerts
Some shopping sites have a feature to help you compare prices of certain products and set price alerts for products you are interested in. You will get a notification when the price of the product has dropped. You can use third-party extensions to get you such notifications as well.
Smart Tips to Save Money by Online Shopping
Use Social Media to Make an Informed Buying Decision
Before investing in a costly item, it makes sense to ask your friends and family members on your social media to know about the product’s worth, value, usage, and review.
Perhaps, some of your social media members have also used the same product and are not happy with the results.
You will get a personal review of the products you intend to buy, and this way, you will not have to waste money on useless products or deals.
Outsmart the Dynamic Pricing Trap
Often users on flight booking or hotel booking websites complain of finding a lower price one day and a very higher price the next day.
These websites/merchants make use of dynamic pricing and change the prices as per your browsing history, spending patterns, and locations.
To save yourself from such pricing traps, you need to clear your cookies and browsing history before looking for flight or hotel fares.
The same applies to online shopping for apparel, footwear, and other such requirements.
It is best to switch to incognito mode while shopping online. Choose less developed countries as ‘home’ while shopping online to get better deals and offers.
Shop on the Right day
It is most practical to shop on a lazy Sunday afternoon, but you must know that most deals roll out mid-week. If you need to shop, you need to take out time mid-week to make your purchases.
Cool Tips to Save Money by Online Shopping
Leave items in your Cart
This is a great habit for online shopping. It prevents you from impulsive shopping. And, it also gives you time to re-think your decision. Most retailers hate such unclosed deals and will try to lure you by offering the same products at cheaper prices.
These are some amazingly smart tricks to save money by shopping online. Today is the time of online shopping. You save time, get better deals and offers and also get access to a larger product range.
So, be smart and get the maximum benefits from online shopping.