Hone Your Online Shopping Smarts

Shop-at-home convenience on the internet ranks high amongst people’s shopping preferences. The delivery-to-your doorstep factor is certainly an impressive feature, but note that online shopping may not always represent the best value for your money.

Be A Smart Online Shopper

However, with a bit of smart planning and insider’s knowledge about the tricks that online retailers use to maximise their revenue, you can make your internet shopping experience not only fun but also easy on the pocketbook.

  1. Savvy Shipping

Many online stores like to remind you while shopping or at checkout to spend a certain amount of money in order to get free shipping. This is not always the smartest choice that you can make. It will not always be a better deal to buy an additional item to save on shipping when shipping can sometimes cost less than that item.

Think about your totals before you click to finalise your purchase, and you can most likely see where you can save a bit of money.

  1. Read the Reviews

Customer reviews can be unnecessarily long and overly critical, so many people do not put much stock in them. But it is a smart move to read them when you are buying a product, especially if it is a pricey one. You want to be able to get a feel for the product and whether it is really a smart choice for the money, or if you should look elsewhere.

Because there is no salesperson to tell you specific details about how it runs or works, reading the reviews is the next best way of finding out more information. If enough people say that it’s not worth buying, or vice versa, you are better equipped to take a decision on what you want to do.

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  1. Find Coupons or Discounts

Many websites are offering online coupon codes that you may be able to use when completing your purchase on the internet. These can help get you some of the best discounts possible without needing to clip coupons and take them into a store to buy something.

If you look around, you can find some great deals. Online stores will sometimes offer a discount with limited conditions, for example, that you can take advantage of only for a weekend or so. Keeping your eyes open for these deals can also help save you money on particular items.

How To Save Money, Get The Best Deals & Be A Smart Online Shopper

  1. Stick to Trustworthy Sites

If you are looking for certain things or you find a website that you’ve never seen before but which has what you’re looking for, it is always best to do a little more research. You’ll want to make sure that you are shopping at websites that offer you financial transaction security as well as the guarantee that your items are actually in stock and will be delivered safely.

Try not to venture too far outside the boundaries of widely accepted websites because you can run into some hairy situations. Stick with websites that you know and trust, or ones that people you know have used and endorse.

  1. Compare Prices

Just because you found the item you are seeking on an individual website does not mean that you can’t locate it cheaper elsewhere. There are ways of finding out what certain stores charge for items. You can either look at each site and compare or else use a website like Biz Rate to do it for you. They compile all the prices from stores online, and this can facilitate in determining where to find the cheapest place for any given item.

It isn’t difficult to become a smarter online shopper. Knowing just what to do and what not to do can make you an even better shopper than you now are. Activating the knowledge you’ve gained from these tips can not only help you save money, but will allow you to shop with confidence from the comfort of your own home.

This is a particular luxury during the holiday season, when you no longer need to brave the crowds looking to buy gifts, but rather can do everything right from your living room, a glass of wine in hand.

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C.E.O @ The New Savvy
Anna Haotanto is passionate about finance, education, women empowerment and children’s issues. Anna has been featured in CNBC, Forbes, The Straits Times, Business Insider, INC and The Peak Singapore. She was nominated and selected for FORTUNE Most Powerful Women conference in 2016 (Asia) and 2015 (San Francisco, Next Gen). Anna has 10 years of experience in the financial sector and is currently a Director in Tera Capital. Her previous work experience includes positions at Citigroup, United Overseas Bank, a regional role in Business Monitor and a boutique private equity firm based in Shanghai. She graduated from Singapore Management University (Finance and Quantitative Finance).