Online Shopping is a new trend of this century, and even in India, it is fast catching up. People are moving from the traditional way of buying to buy on the internet. Not only in metros, but even the smaller cities are making huge numbers. Many new platforms like Flipkart, Snapdeal has allowed traditional retailers to join and sell things online.
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5 Tips for saving money online during Online Shopping
According to a report of the Indian Industry, 3.2 billion USD was spent to make online purchases during the festive seasons when sales were offered. Sales often attract customers, but if customers know some other extra things, then that can help them to save some extra bucks. These tips for saving money online can really help you to make the purchase at a much lesser price.
1. Use Apps for discounts & be aware of Dynamic Pricing
Certain Apps allows you to get additional discounts, such as Goibibo, Paytm, and Oyo etc. as they have special tie-ups with many shops, airlines, and hotels. You can always save money through this. Adding on discounts you may also get cashbacks and many exclusive deals.
There are apps available in the market which can help you to compare the price of a certain product on different websites. Even you can check it manually before making the final purchase of the product. It also helps you to fix a price alert to let you know when the price of a particular product has gone down and on which website; so that you can check if it suits your budget and range, and you can make a purchase. Many websites which are doing affiliate marketing like MySmartPrice.com etc. have these options.
Websites always offer dynamic pricing and we never come to know that the price which we see is the result of our search actions. It changes in real time, as per the present market movement, your location, and the searches you are making which the websites fetch from your browser.
To tackle this clear your catch, and on your browser open the new window in incognito mode, open the website, and you can see the price has changed. Try out this tip for saving money online.
2. Sign Up for Email Alerts for Flash Sales & Price Drop
Setting up price drop email alerts on the website or on the price comparison websites, or on affiliate sites helps you to know when the price has gone down and this can really help you to save some dollars. PricePinx is a great example which helps in sending email alerts if the price of a product goes down. You might have looked at many price comparing devices but PricePinx is amazing, as it gives the detailed retailers’ information and products description which can help you to decide and make affordable choices.
3. Subscribe To Newsletters
Signing up to newsletters on websites helps you to know the regular updates they are making and they will keep sending you their newsletters – daily, weekly, monthly, quarterly, or annually to let you know what new they are bringing, when is the flash sale, when is sales discount going on, where you can get cashback, and much more. Even they keep sending you coupons, which is a marketing technique to pursue customers to buy more; but still, this helps you save money while making a purchase.
If you don’t want newsletters to fill your inbox unnecessarily, you can bookmark those newsletters or you may use apps like Honey which will apply the best coupon code during the checkout.
4. Look for coupon codes
Several websites over the web, provides for coupon codes which can help you to get discounts while making an online purchase. Even in the newsletters sometimes you get a coupon code. Cashbacks are also an option when applying a certain coupon. Therefore stay alert to get free shopping coupons, and shop wisely.
5. Use the right card & Get Cashback
Many websites have tie-ups with banks, so you can see somewhere it is written – “Use HDFC credit card and get cashback” or “Use SBI bank debit card to get 10% off”. These options are best to get discounts and cashbacks while an online purchase.
Conclusion
The way people are sales conscious in shopping stores, if they become little alert over the internet, and follow these tips for saving money online, they can really see a big difference in their annual savings. Normally online things are cheaper, as you are saving store price, electricity etc. and getting an additional discount makes a huge difference.
Today shopping is not only limited to just fashion; but also purchase of groceries, booking of online tickets, rent, property buying etc. If these tips are followed you can save some extra bucks.