One of the easiest ways to save money is to start purchasing online items, services and much more. If you ask yourself how to save money online – continue reading.
It doesn’t matter if it’s Amazon, eBay or any other online service. They all offer huge diversity of products, new as well as used, usually at substantial savings.
The Pros of Online Shopping
- There’s a huge selection of retailers and sellers. This results in heavy competition, which leads to lower prices.
- Prices are lower than in conventional stores because online retailers don’t need to pay high rent for a good location store. Instead they operate from a low-rent warehouse, so they can offer you lower prices.
- You can shop whenever you want, because stores are never closed.
- You have all the time in the world to do comprehensive comparison shopping. There are numerous services (eBay & Amazon included) who will do the comparison for you.
- There are no aggressive sales personnel to hassle you around.
- There is no dress code.
- You save on gas.
- There are no parking woes.
- You can find products that are not available at retail stores where you live.
- Sometimes you don’t have to pay taxes.
The Cons of Online Shopping
- Depending what you buy, shipping and handling can be expensive and cancel the saving altogether.
- You don’t get to physically check out the items you’re purchasing.
- Items ordered online are sometimes on backorder, but you are not informed until weeks after the purchase is made.
- Returns and exchanges can be costly, since you will need to pay for the return shipping costs.
Here are two examples that show why online shopping is one of the easiest ways to save money:
- My daughter has a skin issue. She need to wear certain moisturize 24/7. It costs $40 for a 1.7 oz dispenser, which lasts about a month. You do the math.
- I’m using a recovery shake after I Jog. The stuff regularly sells for $60 at the store. I buy it online for $29.
So I took a few hours to do a comprehensive price comparison between al major drugstores & small businesses. The lowest I got was $35.
Then I went online. I did just 3 searches on Google, eBay & Amazon. To cut things short, I now buy this moisturizer online at $15-$18 (inc. shipment). Once again – you do the math.
Before I choose this specific brand I wanted to try a few products. However I didn’t feel like spending over a $100 just to try them.
Once again I went online. The products sold for 25%-50% lower than in store. But there where also chipper seller, which sold used shakes….
Yes. Used shakes are products which someone opened, didn’t like, and is re-selling instead of throwing them away.
So I’ve ordered a few, tried them out, kept the one I liked and re-sold the others.
How much did it cost me to try 4 products? Zero dollars. Only shipment costs.
Bottom line – don’t be afraid to buy online, especially at places like eBay, Amazon and others.
I buy everything online, from cosmetics to electronics, food, clothing, books, music CDs, DVDs, PS3 games etc. Some I buy new, most I buy used.
Until now I was always satisfied, and never needed to return a single product! Online shopping is certainly one of the easiest ways to save money!
Whatever you’re looking for, be it a restaurant, appliances, vacation and much more – Groupon offers plenty of 50%-80% off deals, based on where you live and your preferences.
It’s unlikely that you didn’t hear about Groupon yet, but for the newbie’s sake I’ll just explain that Groupon gives away millions of 50%-80% off discount coupons, that it’s able to get because of the large number of users each deal is offered to.
You can simply log on and search for deals, and you may also opt to receive offers by email according to your preferences.
Although the huge discount makes Groupon one of the easiest ways to save money, I must add word of caution though. It’s very easy to find yourself tempted by an amazing 80% off deal you had no previous intention of intention of buying. Logging to Groupon’s site is no different than heading to the shopping mall. If you can’t control your spending – you’re better off without it.
Try Buying Your Groceries Online
Prefer buying online instead of going to the supermarket.
On average, as much as $15 is spent on impulse buying each time you enter the supermarket/drugstore.
When you buy online you don’t fall victim to impulse buying. Just make sure you don’t fall victim to the temptations online as well.
Keep an Eye on eBay
From time to time it is possible to find gift vouchers on eBay at a fraction of the cost. Later you can redeem these vouchers at the supermarket, saving fortune on groceries.
Frugal gifting is another great way to save money and keep your budget within limits. Here is an unconventional approach to frugal gifts.