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Secrets to Snag the Best Shopping Deals this Black Friday

Black Friday is “Fri-Yay” for avid online shoppers. So it is when the most prominent online shops offer the best shopping deals this Black Friday.

What is Black Friday?

Black Friday is the first Friday after Thanksgiving Day. This tradition originated in America when merchants were thinking of a way to turn their losses into profits. Losses are marked as red, and their goal is to turn them into the black by putting unwanted stocks into outrageous sales. This year, it has been estimated that on 25th November 2016, the sales will amount to USD 60 Billion.

Though most merchants in malls of Singapore still haven’t gotten into this craze, online shops made it a day of sales bonanza and extended it up to Cyber Monday.

The best shopping deals this Black Friday

Credit: https://goltoninthegap.com.au/black-friday-sale-2019/

Tips to strike the best online shopping deals this Black Friday

Make a wish list

Since there will be too many items that will catch your interest, you have to focus on the items you need and the things you have been eyeing for some time now. So put first your priorities and then put the least wanted at the bottom. Finally, list down the current prices to have a reference.

Set your budget

Because you are bound to see many items, you might go on a shopping spree. Also, online shops have developed a technique to keep shoppers at the edge of their seats so they won’t be able to consider what they are buying. Some items are on sale for a limited time only. Buyers won’t be able to cross-check if the purchase is worth it. It is better not to shop under pressure. Also, prepare your wish list and budget in mind.

Compare prices and the real value of the items.

There are times when buyers do not know the actual value of the items they are buying. For example, let’s say that Amazon put Rubbermaid storage containers for $16. You might think that this is a good deal. However, when looking at the items’ previous prices, other shops sold them for $10 last month. Earlier this month, it was sold at $14. This way, you know that the deal is not as good as you first thought.

On the other hand, Zalora is selling Nike Free TR Flyknit Running Shoes at $135. Then you discover that the price has been at $209 since early this year. Therefore, it is a good deal to take.

Check bargain hunting websites.

Do not miss the items you have wanted to buy. Follow bargain hunting websites such as CUPONATION by setting up an alarm on its website. You can also sign up for the shopping websites’ newsletter.

Do not buy everything in just one shopping.

Take your time, do not be pressured to buy everything in one sitting because there is a high chance of better sales as the day progresses. Also, remember that though Black Friday is the big day, Cyber Monday is still on its way.

Do not be tempted with free gifts.

Online merchants include gifts in their items to tempt the buyers. For example, let’s say Samsung S7 Edge is at $1,088. You may not be considering it yet. But if there is a free battery pack coming with it, you might be tempted to have second thoughts.

Online Shopping Sites with the Best Black Friday Sales

  1. Zalora Black Friday Sale will be from 25 to 28 November with discounts of 80%. However, if you want an exclusive discount of 18%, you can register at zalora.sg as a new user.
  2. Lazada Online Revolution offers great deals now until 12 December. The event started on Single’s Day and runs for a month. So save your budget as the best sales are still coming. Watch out for the discount codes with partner merchants to get the most out of them.
  3. Amazon has a lot of offers but waits until the big day. So watch out for limited sales. In addition, Citi Rewards Visa Cardholders get 20 Reward Points or 8 miles for every $1 you spend on Amazon until 31 December.
  4. ASOS has exciting sales from Black Friday to Cyber Monday, with offers as low as 70% off. Take advantage of the free shipping if you spend more than S$20. It is via normal delivery, and it will take 7 days. However, if you spend more than $250, you get express delivery for only 2 to3 days.
  5. Shopback giveaways are $100 cashback credit through a referral programme. If it is your first time referring, you will get an extra S$30. Keep an eye on the yellow money bag icon, which means more cash back. Use your Visa credit card to get up to 6% rebates.

Buyer’s Tip

Consider the previous prices of the items to know if you are purchasing with a good deal. If the previously offered price is lower, it is a bad deal as the item can still get cheaper soon.

Do you prefer brick-and-mortar shopping, but you need more cash? Then, get a loan from Cash Mart.