Three Things to Avoid on Black Friday and Cyber MondayNov 11, 2019

Black Friday and Cyber Monday deals are notorious across the states. Millions of Americans take advantage of these low prices to buy gifts for themselves and others. However, not all of the advertised Black Friday and Cyber Monday ‘deals’ are bargains. Similarly, many of the items that you need are not discounted at all. These three tips will save you money and make you a savvy holiday shopper.

Items that Do Not Go on Sale

Electronics accessories are rarely discounted. Why? Retailers make huge profit margins off of them! Unfortunately, it’s incredibly smart on the retailers side because  most shoppers will buy accessories to go with their new electronic devices.  Here are a few examples:
  • TV – HDMI Cord
  • Smartphone – Car Charger
  • Tablet – Protective Case

 

So, if you plan on purchasing an electronic device over the busy shopping weekend, order your accessories in advance! Online, you’ll pay a couple dollars for a cord versus $10-$20 in the store. When you bring your new device home, the accessories will be waiting for you.

Do Your Research

Black Friday is notorious for massive TV discounts. If you’re in the market, do your research and price compare. It’s very likely that you will find a good deal. Additionally, a lot of TV’s go on sale before the Super Bowl, when people are upgrading their TV’s for the big game. Better yet, many TV’s  will be more deeply discounted at that time. If you don’t mind waiting a couple more months, you might get a better deal in February. Check the sales patterns of what TV you want to see if you should buy it now or later.

Avoid Warranties Offered at Checkout

It’s completely normal to want warranty protection on your new purchases. After all, no one wants to pay for a replacement device after just purchasing the new one. But, beware of in-store warranties. They are often marked up as much as 900%! Similar to electronics accessories, warranties are huge profit drivers for retail stores. Say no to a warranty at checkout and purchase warranty protection from a different source.
A great choice for warranty protection is Upsie. Upsie offers warranties for electronic devices and appliances. The best part: their plans are up to 81% less expensive that retailers! Purchase takes place on their website where you can also access your plan information at any time. If you need to make a claim, simply fill out a form or call their 24/7/365 claims line. It’s quick, easy and will save you a ton of money if your device breaks.

Have a Great Shopping Season

Remember to be a savvy shopper this holiday season. Plan out your purchases in advance so you can buy accessories online at much lower price points. Also, don’t be pulled in by ‘huge discounts’ and ‘deals,’ because many aren’t deals at all. Do you research on the product before your planned purchase date so you know if the discount is legitimate or if you’re getting a lower-quality product for the price. Lastly, don’t buy warranties in-store; they are hugely overpriced. Go with a company like Upsie to get the same protection plan for a significantly lower price.
Have a happy Thanksgiving and great holiday shopping season!

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