Online shopping has come a long way in a very short time. If you’re not careful, though, it’s easy to end up spending a lot more money than you should. Read on to see some of the money-saving tips you can use to ensure that your online shopping sprees are cost-effective.
Shop From Legitimate Sites
The very first thing you need to do is to make sure that the sites you’re shopping from are legitimate and secure. This will enable you to get what you pay for rather than potentially falling victim to a scam. While in some instances you may recover your money, in some others, you may not. Avoid going down this road in the first place by checking to see if the website has a locked padlock on the url tab on your browser. This is in the event that you’re not shopping at a well-known site. With 60% of jobs found through networking rather than online, this may also be true for new shopping sites. If you want to buy a certain item, ask friends and family if anyone has bought it successfully of late so they can link you to their source.
Follow the Retailers You Shop From on Social Media
Following company social media accounts can help you save money when you follow them. This is because they will often share information about the latest products, events, and deals that they have. When a deal is available in limited quantities, you will have the advantage of being among the first to hear about it, so you can make some savings from shopping for it right away. There will also be contests and giveaways on these accounts, and as much as you may feel like it’s hard to actually win, there’s often nothing to lose by entering them.
Shop From Cashback Websites
Cashback websites will generally offer you a percentage of your money back for every purchase made. This ranges between 1% to 8%, and you can actually save more from stores you would have been shopping from anyway. You simply need to find a cashback website, create an account, and then start shopping. The amount you collect will depend on the size of shopping that you do, so over a few months, you will make some nice savings that you would not have had if you didn’t shop through the website. With the volume of cyber insurance expected to reach $15 to $20 billion in 2025, you can also be sure to enjoy a secure experience when you shop on a good cashback website.
Use Gift Cards to Shop
You could also shop for discounted gift cards, which would be the ultimate money-saving tool. You can get bonuses and deals on the gift cards you buy depending on where you get them from. Using them is easy enough as some sites, like Moola, let you redeem them easily by copying and pasting the gift card numbers from the app. Because you can also give gift cards as gifts, it will also be a cost-effective way to save money while putting a smile on the faces of those close to you.
Don’t Pay Immediately for Items in Your Cart
Finally, you could leave items to sit in your cart for a few days before paying for them. This will have the double benefit of helping you avoid buying items on impulse, as you have a longer time to think about the necessity of the purchase, and you may also get a deal. Online merchants will generally try to close a sale fast to avoid having the items abandoned, so you can make some savings in this way. They also know too well that over 34% of desktop searches and 62.5% of mobile searches end up being zero-click searches.
When you follow these tips, you will maintain a good command of your finances while enjoying the benefits of online shopping.