Black Friday Shopping Tips
Last year, the British public were forecast to have spent a staggering £8.57bn on Black Friday1, the highest amongst many other countries in Europe. The sales bonanza first arrived on British shores in 2010, when Amazon (obviously) first offered it to customers, and since then it’s become more popular year on year.
This year, black Friday is going to be on November 27th and we wanted to pull together some handy tips on how you can best manoeuvre the day.
Need vs. Want
It’s so easy to get caught up in all the hype surrounding the day that you can end up searching just for the sake of it and buy something unnecessary. Spending money on things that you think are just a good deal may feel like a good idea but regret could sink in a few weeks later when it comes to Christmas shopping and the purse strings are tight.
Is it actually a deal?
A lot of the retailers will try to be sneaky and raise their prices in the weeks before the day, and then drop them on the day so that it looks like a great deal. Make sure you do some prep before the day and look up prices of anything that you’re interested in, that way you’re aware of all the deals on offer and what their prices were like before the sales started.
So you’ve found the TV you want, and you can get it next day delivery. But there’s someone offering it for £50 less. There’s no harm in asking your preferred retailer if they’ll price match the other offer you’ve found. You’d like to think that they would be keen to keep the customer and be happy to drop the price for you and get the sale themselves.
Black Fridays little sister: Cyber Monday
If you’re in the market for a piece of technology, don’t forget about Cyber Monday. This is another sales day the Monday after Black Friday that is just online. So don’t feel pressured to get that piece of tech on the Friday, and know that you’ve got the Monday if you can’t find what you’re looking for initially.
Set yourself a limit
If you’re planning on buying a few things, make sure that you set yourself a budget for the day. You don’t want to end up spending too much and have to live off of tinned beans for three weeks.
A good idea to add onto any savings is to check to see if you can get any cashback on anything you buy. Some online retailers may also offer reward points that you could put toward future purchases.
Black Friday definitely has the potential for a great deal, but you have to be careful. If you go in all guns blazing you could end up with items you don’t want and a hole burning in your pocket.
This content was created on 23rd November 2020
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