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3 Ways to Save Before You Submit Your Online Order

Have you ever shopped online, then got to that last screen where you had to submit your purchase? I have to admit that I always tense up a little at this moment. “Did I really get the best deal on this product? Could I have done more to save?” These questions race through my head as I start applying pressure on the mouse button, because I’m really not quite sure if the price I’m paying is actually a good one.

How to Save Money Online

Take the tension away from your purchase by doing these three simple things. It has definitely helped me out when I make my online purchases. Hopefully it will help you too.

1) Search the Model Number

Before I click submit, I often wonder if there are cheaper prices anywhere else, but how can I know? If you can find the manufacturer’s number for the product, then just open up Google and do a search. That exact product will pop up with prices all over the place. If you see a lower price at a reputable retailer, then order the product with them.

Retailers are starting to get pretty wise to this and realize that if they aren’t the lowest price, they might lose your business. So, they use a special manufacturer’s code that is relevant to their store only and will not show you results anywhere else. If this happens, just search the make and model name. That exact product is likely offered by many other retailers. Again, if the price is lower elsewhere and you’re convinced that the product is the same, then head over to that retailer and make your purchase there instead.

20150317 - speaker2) Consider Your Alternatives

Sometimes (while sitting in my office chair, ready to make that final click), I start to wonder if I even need the product I’m buying. For example, maybe I’m considering the purchase of a brand new speaker that will play music a little louder than my phone can. It’s definitely cool and it’s on sale, but how often will I really use it? I work out at the local gym, so I can’t use it there. I listen to music when I’m running, but I obviously can’t use it there. I occasionally listen to music while writing articles like this one, but I can’t have it blaring otherwise it’s just too distracting. So when will I actually use this speaker? Likely very little.

Since I probably won’t use the speaker very often, I definitely shouldn’t pay retail price for it. My options at this point should either be to avoid the purchase all together or find the item used at a severely discounted rate.

3) Find a Discount Code

Finally, if after searching the model number and considering your purchase alternatives, you are still convinced that this product is the right purchase for you, then it’s time to see if you can get an even deeper discount on this so-called, “best price”. More times than not, you can.

If you haven’t heard, Groupon has expanded their operations and have developed a new capability on their site called, “Groupon Coupons“. Unlike the old model, you don’t have to buy a voucher before using these coupons. They are free to find and free to use. Take a look at the big-name stores they are currently partnered with:

20150317 - groupon

In total, they offer more than 54,000 coupons to 8,000+ retail establishments – stores like Walgreens, Sears, and even Amazon. By just quickly searching this site for a quick promo code, I am confident that you could save even more on your purchase in just a matter of minutes.

Are you asking yourself these three questions before you make an online purchase?

Money

AUTHOR Derek

My name is Derek, and I have my Bachelors Degree in Finance from Grand Valley State University. After graduation, I was not able to find a job that fully utilized my degree, but I still had a passion for Finance! So, I decided to focus my passion in the stock market. I studied Cash Flows, Balance Sheets, and Income Statements, put some money into the market and saw a good return on my investment. As satisfying as this was, I still felt that something was missing. I have a passion for Finance, but I also have a passion for people. If you have a willingness to learn, I will continue to teach.

4 Comments

  1. Good info. I always look up to see if there’s a discount code. For Amazon, there’s a browser plugin called Camelizer, that will actually show you the price history of the item you’re purchasing.

    • That’s pretty cool, MB! I never heard of that! So if the current price is high compared to the history, do you just wait a few days to see if it goes back down?

  2. All good ways to save money online.

    One more way I use regularly is cashback rebates. All you do is visit a cashback rebate site, then click through from their site to the online store you want to use, and you automatically get a percent of your purchase refunded to you. Rebate size varies with the store, and not all stores have them, but it’s cash, and it can add up.

    Not to linkdrop, but you can check out my comparison of different cashback rebate sites if you’re curious.

    • True. That’s definitely a cool way to save. And you can probably earn a discount on top of that with a promo code, right?


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