Internet offers many money saving possibilities for a smart shopper. So if you are an e-shopper you have an edge over the old school shoppers who spend their hard earned money on gas and parking tickets, to bring home their daily supplies. Find out how shopping on the internet not only offers you convenience but can also help you save money.
The World Wide Web is increasing garnering the wallet share of many ardent shoppers world over. The old style market places and malls are slowly becoming haunted museums as shoppers are flocking to the internet for their daily supplies.
Internet shopping can be an exciting as well addictive experience for shoppers. Many renowned companies are launching their stores online, trying to replicate the same store experience with virtual assistants and smooth graphic user interface. Online shopping not only offers convenience and time-saving shopping options for busy people, it can also be a great way to save money.
Here are 10 money saving tips that can help you save money while shopping on the internet.
1. Participate in online loyalty programs
Online loyal programs encourage these shoppers to stick to this new experience after they are introduced to the website for the first time. These sites may offer gifts or discounts on repeat purchases made on their websites by the users. It is a good idea to benefit from these programs and save a few dollars!
2. Participate in referral programs
Many online stores encourage users to get their friends and relatives to shop online as well! While referral marketing is an age old marketing technique it is much easier to implement and track on the internet by providing email ids of friends and family who may be keen on the offers.
The online company may offer a money saving reward program for generating online referrals. The rewards may include freebies, cash cards or special discounts that can always ease off some stress on your monthly bills!
3. Save the fuel
With the rising fuels costs, you may think twice before making those unplanned shopping trips all the way to the departmental store. For both your bulk purchase of supplies and well as daily shopping needs, you needn’t worry about your gas bill.
Most online stores provide home delivery options at no extra costs. So shopping online not just saves your time but also saves your gas bill. Apart from your gas, you also steer clear off the parking meter and any unexpected speeding tickets!
4. Use coupons
Many shopping websites offer coupons to encourage shoppers to purchase their wares online rather than from their stores. Since changing customer behavior is a difficult exercise, these companies offer such special incentives to woo shoppers to move to their online stores that are cheaper to maintain and hence earn better returns to the company than the physical stores.
It doesn’t hurt to help these companies save on their store costs, especially when it also helps cut down your monthly tab and proceed with your money saving plan!
5. Shop online to avoid temptations
When you go out to shop you may be temped to buy more than you actually plan to and end up spending beyond your planned budget. When you shop for your groceries online you do not have pesky salesman pushing his or her wares down your throat. You are free to decide on your shopping list in advance and shop as per your decided budget.
6. Plan before your hit “Buy Now”
A good money saving tip is to make a shopping list before visiting the online store. Some glaring and tempting offers may excite you and make you shop more than you shopped for. Keep an eye on your online cart and recheck your shopping cart before you checkout for making the final payment.
7. Read the fine print and return policy
While shopping online maybe fun and easy, you may get tempted to buy things that look great on the internet but they do not deliver their promises. If you are unhappy with a product or service you have purchased online you would want to return it.
Read the fine print of the website terms and conditions before indulging into shopping. Don’t waste your money away on unwanted or defective goods and keep your wallet safe from burning away.
8. Use your credit card for online shopping
Most websites encourage you to use your credit card while shopping. While some may offer you the cash on delivery option, it may come at an extra cost. As a smart shopper you must use credit card only on secured sites.
Using credit card not only gives you a free credit for a month or more, but it also helps you earn reward points on the credit card loyalty program that can be also be redeemed as air miles on several credit cards. So if you shop smartly on the internet you may save money on our next family trip!
Some websites have tie ups with some specific credit card companies. If you have those credit cards, you can use them to enjoy greater discounts and then your money saving strategy would’ve paid off!
9. Get best deals
When you go shopping to your local neighborhood shopping mall, it becomes difficult to compare prices offered for the same product by different sellers. However comparing prices and going for the best price becomes much easier on the internet.
Many websites offer you to place your wanted items on the wish list. These website maintain a record of your wish list and alert you every time they have a new deal on the chosen product. This helps you get the best deal for your pocket!
10. Save yourself from penalties
Internet offers a more cost effective platform not only to the buyers but also for the providers. While most suppliers choose to reward customers for shopping online rather than at their stores, some institutions may even impose penalties on shoppers if they visit their stores more often than required instead of going online. This applies more to service provider like banks who at times charge their clients for visiting their premises for servicing needs.
For a smart customer, virtual assistants on the bank websites offer the same services at the comfort of your home. So think again before visiting your favorite banker and avoid unwanted penalties on your bank statement!