Page Section Navigation
Go to: Header
Go to: Utility Navigation
Go to: Primary Navigation
Go to: Content
Go to: Footer
 
Blogging for Change Blogging For Change
by Tanisha Warner on December 02, 2013

Holiday Shopping Online

Consumers are about to do some serious cybershopping. More than 131 million (54.8%) shoppers, up from last year’s 129 million, are expected to spend $2 billion online for Cyber Monday, which could translate to as much as $82 billion being spent at online retailers in November and December of this year, according to The National Retail Federation.

Shopping online is convenient, but for over-spenders, the Internet may be too convenient. With retailers admitting to spending 20 percent of their yearly marketing budget on holiday promotions, it pays to have a plan before hitting the web.

  • Know your budget. Before browsing the web, determine how much you can afford to spend. The NRF predicts shoppers will spend $129 on non-holiday related items, so don’t forget to add a little extra to your spending budget in case you stumble on a deal you can’t resist.
  • Have a plan for payoff. Since most Internet purchases are made with a credit card, planning is of the utmost importance. In a matter of minutes, you can charge up holiday gifts that take months or even years to pay off.
  • Comparison shop. With the luxury of avoiding the travel time and long lines with in-store shopping, comparing products and prices online can be done quickly and easily, and can result in big savings if done right.
  • Do your research. Most retailers will offer free shipping on Cyber Monday, with discount shipping for the remainder of the holiday shopping season, but many require a shopping code. Search sites like RetailMeNot.com and CouponBlender.com for valuable coupons and promotional codes for shipping discounts and other savings.
  • Shop with a list. Make a comprehensive gift list and take note of any other needed holiday purchases. Use your list when you shop online and buy only those items on your list. Buying something you don’t need at a good price is no bargain.

Finally, remember great gifts don’t have to cost money. Consider gifting your time by offering help with useful tasks such as a few hours of yard work or babysitting. Visit MMIurl.org/HolidaySpending for other free gift ideas, and for a free printable gift certificate.

Posted in:  Shopping, Holiday

Comment(s)

Jordan Monata says:
December 05, 2013
Website: http://www.modestmoney.com/

If you don't know your budget, then you can definitely get yourself into a lot of trouble. Setting a budget is a great way to avoid those situations!



Joshua says:
December 05, 2013
Website: http://www.jrodwrites.com/

These are great tips! Doing your research before making a purchase is essential if you are trying to get the best deal. Happy Holidays!



Mahasin says:
December 06, 2013

This is important to me because I usually get products I have to send back because of defects and poor quality.



Required
Name:
Website:
Email:
Comments:
Please provide the comments.
Security Code:
Please correct the code.
 

Archives