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3 Amazon Shopping Tips That Will Save You Money

3 Amazon Shopping Tips That Will Save You Money

Amazon is arguably the most popular eCommerce retail website in the world. It’s pretty hard to beat in terms of product range, discounts and sales, free delivery, speed of delivery, support, and pretty much anything else.

With such a fantastically competitive offering it’s easy for us Amazon shoppers to become complacent and assume we’re already getting the best possible prices on everything we buy there. But we’re not. Here’s why!

With so many different sellers on Amazon – there are currently a few million third party sellers competing via Amazon’s online marketplace – it is virtually impossible to search through every new offer all the time. There’s so much information there that the truly awesome deals can get hidden in all the white noise.

That’s why, if you’re serious about saving money when shopping for top quality products, you have to start making use of the some online tools and services that can do the job for you. Fortunately, there are plenty of free services that can save hundreds of dollars (possibly more) on your next big shop.

Find The Best Deals On Amazon Best Sellers

Ok, so it’s quite easy to find lists of best selling items all over the Internet. From the NY Times best-seller lists, to Amazon’s top 1000, lists of top selling products are ubiquitous. But finding the best deals and biggest discounts on these best selling items is not so commonplace. Fortunately, there’s a freely available tools that does just this.

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RankTracer’s Amazon best seller page not only returns a list of the best selling products on Amazon, it also goes through each product and finds the best deal or discount to return to you at the same time. This means that your best seller list now has extra information directing you to the biggest available savings on those products.

Here’s an example of their results showing the biggest deals on the best selling books:

amazon-best-sellers-books

    So far so good. But what if you don’t necessarily want to buy one of the top 10 items in a given category?

    Fortunately, this tool offers two methods of searching for discounts on products; the first is ‘by category’ (i.e. books, electronics, clothing, etc) and the second is by keyword (i.e. ‘pressure cooker’, or ‘frozen princess doll’). This makes it a cinch to narrow down the search to any specific product you like and find the best available deal on it.

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    I decided to look for discounts on a gift for my niece (she loves Frozen), and here’s a few deeply discounted items I found:

    amazon-best-sellers-frozen-crocs

      amazon-best-sellers-frozen-toybox

        amazon-best-sellers-frozen-dress

          Not bad for twenty seconds worth of effort, right? That’s about $48 in savings over three products. Not bad considering the total list prices for all three comes to $94.97 – making those discounts a touch over 50%.

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          But what happens if there is a specific thing you want to buy but there’s isn’t currently a discount or sale on offer? Well, if you don’t mind being patient and waiting a bit you can either check back each day or you can automate the process of tracking a product’s price over time and receive alerts when the price drops.

          Track Product Price Drops

          There are a bunch of Amazon product price tracking tools available online. The one I use is CamelCamelCamel because it is quick and easy to use and, above all, free. To get a feel for the type of data they can provide on Amazon sales prices, here’s price data for the same ‘Disney Frozen Enchanting Dress – Elsa‘ item shown in the previous section:

          amazon-best-sellers-ccc-frozen-dress

            What’s super interesting about this graph is that it show the dress actually went down to as low as $6.14 sometime in late October/early Novermber of 2015. Basically, the current price ($15.77) is about average – it’s been a lot cheaper and it’s been more expensive too.

            It’s worth noting that RankTracer’s Amazon best seller page actually returned a better price for this item. CamelCamelCamel quotes a best price of $15.77 today, whereas RankTracer quotes the best price at $13.49.

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            Go To The Source

            If you’re serious about really finding the best bargains available it may be time to go straight to the source. Amazon’s staff do a fantastic job of coming through popular products and finding the ones that offer simply massive discounts (sometimes more than 60%) and add ’em all to their Gold box deal page.

            You can also make use of their wide range of filters and search criteria to help find items you’re interested in. The problem is that there is no real search feature and the list is created by someone else – meaning you may not find the items you’re after. I narrowed down the Gold box deals to girls fashion hoping to find the Frozen dress:

            amazon-best-sellers-goldbox-girls

              Hmm, not ideal.

              So while the Gold box page offers incredibly low prices and massive deals that will save you plenty of cash, it can’t offer every product in their catalog and so can end up being of limited use. But, if you’re searching for gifts and not specific items then this page is absolutely perfect.

              So those are my top three tips for getting the most out of your Amazon shopping. How much money have you saved by using the above-mentioned tools and resources? What other strategies do you use to save money on Amazon? Share your tips in the comments.

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              Last Updated on March 4, 2019

              How to Use Credit Cards While Staying Out of Debt

              How to Use Credit Cards While Staying Out of Debt

              Many people will suggest that the best thing to do with your credit cards during these tough economic times is to cut them up with a pair of scissors. Indeed, if you are already in huge debt, you probably should stop using them and begin a payback strategy immediately. However, if you are not currently in trouble with your credit cards, there are wise ways to use them.

              I happen to really love my credit cards so I will share with you my approach to how I use mine without getting into deep financial trouble.

              Ever since about 1983 when I got my first Visa card, I continue to charge as many of my purchases as possible on credit. Everything from gas, groceries and monthly payments for services like my cable and home security monitoring are charged on credit. Despite my heavy usage, I have maintained the joy of never paying any interest fees at all on any of my credit cards.

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              Here are some tips on how best to use your credit cards without falling into the trap of paying those nasty double-digit interest fees.

              Do Not Treat Credit Cards as Your Funding Sources

              Too many people treat their credit cards as funding sources for major purchases. Do not do this if you want to stay out of trouble. I use my credit cards as convenient financial instruments so I do not have to carry around much cash. In fact, I hate carrying cash, especially coins. When you buy things on credit, the purchases are clean and you will not get annoying coins back as change.

              I do not rely on my Visa, MasterCard or American Express to fund any of my purchases, large or small. This brings me to my golden rule when it comes to whether I will pull out any of my credit cards either at a retail or online store.

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              I never purchase anything with my credit cards if I do not have the actual cash on hand in my bank account.

              If I really cannot pay for the item or service with cash that I already have at the bank, then I simply will not make the purchase. Remember, my credit cards are not used as funding sources. They are just convenient alternatives to actual cash in my pocket.

              Make Sure to Always Pay Off Balances in Full Each Month

              The next very important part of my overall strategy is to make absolutely sure that I pay the balances in full each and every month no matter how large they are. This should never be a problem if the cash has been budgeted for my purchases and secured in the bank. I have always paid my full balances each month ever since my very first credit card and this is why I never pay interest charges.

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              Using Credit Cards with Rewards

              Most of my credit cards are of the “no annual fees” type, including one MasterCard on a separate account I keep at home as a spare in case I lose my wallet or incur any fraudulent charges. However, I do use a main Visa card which does have an annual fee because all purchases on that card reward me with airline frequent flyer points. For me, the annual fee is worth it since I do travel and I get enough points to redeem many free flights.

              You have to decide for yourself if you will charge enough purchases on credit each year without paying interest charges to warrant a credit card that rewards you with airline points (or other rewards). In my case, the answer is “yes” but that might not be the case for you.

              I occasionally use a MasterCard or American Express card on small purchases just to keep those accounts active. Also, I have been to the odd retailer that accepted only a certain type of credit card, so I find that having one from each major company is quite handy. Aside from my main Visa card which earns the airline points, the rest of my cards are of the “no annual fees” variety.

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              So this is how I use my credit cards without getting into any financial trouble with them. This strategy is recommended only if you are not in debt, of course. In fact, it is worth keeping in mind once you’re out of debt so that you can keep your credit cards active and treat them responsibly.

              What are your credit card usage strategies? Let me know in the comments — I’d love to hear what methods you use.

              Featured photo credit: Artem Bali via unsplash.com

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