The world of retail used to explode the day after Thanksgiving. To shoppers of a certain age, the term “Black Friday” used to mean a lot of things, including early mornings, long lines, and near-riots in store aisles. But since the rise of ecommerce, Black Friday turned into Cyber Monday. Lately, there have been more and more days throughout the year that see online retailers holding large price markdowns, but Cyber Monday still reigns supreme. With all of the pomp and circumstance around online shopping and deal days, you need to be prepared. It’s easy to be distracted by all of the emails and ads you see about sales and end up buying things you don’t want, or even worse, grabbing items that aren’t even discounted. Check out these Cyber Monday strategies: 1. Give yourself a Cyber Monday budget 2. Identify your targets 3. Bookmark your online stores 4. Follow your stores on social 5. Sign up for newsletters 6. Look for gift codes first 7. Know your return policies 8. Automate price comparison 9. Avoid suspicious sites 10. Shop privately 11. Use a rewards card if you have one 12. Finally, keep an eye on your accounts Each year, Cyber Monday changes and evolves. As this is written, there’s no telling what tech trends will get the most deals and which retailers will offer the most markdowns. That’s why it’s so important to start with a strategy that can help you maximize your deal making ability and set yourself up to be most impressive gift giver this holiday season.
To find out more details on each of the above tips, visit https://www.rate.com/resources/cyber-monday-strategies
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