Black Friday is seen by many people as the most popular shopping day out of the entire year. A number of products will be slashed in price, ranging from clothing to technology. Despite this, it's important to know how to save money so that you can get the most of your investments as possible. If you're looking to keep things as financially stable as possible during the holiday, here are some do's and don'ts that you should be aware of.
DO plan for Black Friday ahead of time. Retailers want to make sure that as many people shop with them as possible for Black Friday. This tends to result in a litany of deals, which is where a bit of planning comes into play. Companies like Bobby Jain Credit Suisse will stress the importance of planning ahead of time, so that you know which stores will have the best deals. As you'll come to realize, this will save you time, stress, and money alike.
DON'T focus so much on shopping at physical stores. Black Friday expands beyond brick-and-mortar outlets, as ecommerce has become a major player in recent years. Retailers have taken notice of this and, as a result, continually put forth deals for shoppers to take advantage of. This is true on Black Friday as well, so you can save money even if you don't feel like going out to shop. This is another great way to save money, according to Bobby Jain CS.
DO bring examples of better deals. Let's say that you want to primarily shop at one retailer, without missing out on deals from others. Most stores want your business, which means that you shouldn't be shy about haggling. The best way to do this is by bringing flyers or circulars from competing stores. More often than not, prices will be adjusted in order to match them. This is a great way to save money, but you must have said flyers and circulars with you during checkout.
DON'T think that there aren't other shopping days. As a matter of fact, many people tend to not put as much stock in Black Friday because of the impending Cyber Monday. This particular shopping day is popular among ecommerce enthusiasts, especially those that enjoy technology. What this means is that shoppers aren't limited to Black Friday. It's simply a matter of staying aware of the deals that will be active in the near future.
DO plan for Black Friday ahead of time. Retailers want to make sure that as many people shop with them as possible for Black Friday. This tends to result in a litany of deals, which is where a bit of planning comes into play. Companies like Bobby Jain Credit Suisse will stress the importance of planning ahead of time, so that you know which stores will have the best deals. As you'll come to realize, this will save you time, stress, and money alike.
DON'T focus so much on shopping at physical stores. Black Friday expands beyond brick-and-mortar outlets, as ecommerce has become a major player in recent years. Retailers have taken notice of this and, as a result, continually put forth deals for shoppers to take advantage of. This is true on Black Friday as well, so you can save money even if you don't feel like going out to shop. This is another great way to save money, according to Bobby Jain CS.
DO bring examples of better deals. Let's say that you want to primarily shop at one retailer, without missing out on deals from others. Most stores want your business, which means that you shouldn't be shy about haggling. The best way to do this is by bringing flyers or circulars from competing stores. More often than not, prices will be adjusted in order to match them. This is a great way to save money, but you must have said flyers and circulars with you during checkout.
DON'T think that there aren't other shopping days. As a matter of fact, many people tend to not put as much stock in Black Friday because of the impending Cyber Monday. This particular shopping day is popular among ecommerce enthusiasts, especially those that enjoy technology. What this means is that shoppers aren't limited to Black Friday. It's simply a matter of staying aware of the deals that will be active in the near future.
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Consult Bob Jain Credit Suisse if you'd like to learn more about finance courtesy of Bob Jain CS.. This article, The Financial Do's & Don'ts Of Black Friday Shopping is released under a creative commons attribution license.
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