Advertising
Advertising

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.

Advertising

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.

    Advertising

    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%.

          Advertising

          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.

            Advertising

            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.

              More by this author

              Pay Less & Save Money Shopping How to Pay Less Than 30% for Almost Anything Make money blogging I Made $1000 From a Single Blog Post, So Can You 17 Essential Free Online Resources for Entrepreneurs 8 Food & Drink Quotes For Women 3 Amazon Shopping Tips That Will Save You Money

              Trending in Budget Activity

              1 6 Easy Ways to Treat Yourself 2 7 Websites to Sell Used Stuff Profitably 3 Seven Tips to Save Money While Renovating Your Home 4 4 Ways to Make Every Penny Stretch in 2017 5 Getting Out of Debt in 4 Simple Steps

              Read Next

              Advertising
              Advertising

              Published on September 17, 2018

              How Being Smart With Your Money Leads to Financial Success

              How Being Smart With Your Money Leads to Financial Success

              Achieving financial success is not something that just happens. Maybe if you win the lottery or something, but for the average person like you or me, it comes from a series of small steps you take over a long period of time.

              With each step, you form a new smart money habit. And with each smart money habit, you build towards financial independence.

              So what sort of habits can you form to get on that path? Let’s take a look at smart money habits you can start today to get you closer to a financially independent future.

              1. Avoid being “penny wise but pound foolish”

              It’s tempting to try saving a couple cents here and there when buying small items. However, that’s not where the real money is saved. You’re putting in extra effort for something that doesn’t move the needle.

              You get the most bang when you’re able to cut down on your bigger bills. For example, finding a lower interest rate for your mortgage could save you $50+ per month. And cutting your transportation bill by purchasing a cheaper car or taking public transportation can provide large gains as well.

              So, look at your recurring expenses such as housing, transportation, and insurance, and see where there’s wiggle room. It’s a much better use of your time than trying to pinch pennies here and there on smaller purchases.

              2. When you want something big, wait

              Impulsivity can get you in trouble in most aspects of life. Finances are no different.

              It’s human nature to see something and want it right then and there. It starts as a kid in the checkout line at the grocery store, and it continues on through adulthood.

              We get an idea in our head of something we want, and it’s hard not to go out and get it right then.

              A good example is wanting a new car. Perhaps you’ve had your car for several years. It’s crossed the 100k mile mark. Maybe maintenance is due, and you’re annoyed that you need to replace the timing belt or purchase new tires.

              Advertising

              So, you get the itch.

              You start digging around online, and you realize you could trade in your current car for something newer and more exciting… all for a few hundred bucks a month. Then you get obsessed.

              Here’s where you have to take a step back.

              Your newfound obsession is clouding your judgement. Rather than giving into the impulse, wait it out.

              Set a timeframe for yourself. Maybe you come back to the decision three months down the road. See if the obsession lasts.

              It might, but often, a funny thing happens. Often, you forget about it. And often, you find that the new car wasn’t a need at all.

              The impulse faded. And you just saved yourself a ton of money.

              3. Live smaller than you can afford

              You finally get that big raise. And you want to celebrate – and why not?

              You’ve been looking forward to this forever. And after all, it was all due to your hard work.

              That’s fine, splurge a little. However, make it a one-time deal and be done.

              Advertising

              Don’t get caught in the trap that just because you’re now making more money, you should spend more.

              Too often, people get more money and feel like they that gives them the means to buy a bigger house, a bigger car… you know the drill. Resist.

              The fact is that living smaller than what you can afford is one of the fastest ways to build savings.

              But if you constantly upgrade as you begin to make more, then you’ll never get ahead. You’ll just build up more debt along the way and have just as little wiggle room as before.

              4. Practice smart grocery shopping

              Food… it’s one of the biggest portions of any budget. And if you’re not careful, it can be one of the biggest drains on your wallet.

              But luckily, there are a few things you can do to ensure that you stay smart with your money when buying groceries.

              Create a grocery budget

              Set a strict weekly grocery budget. When you know how much you can spend on groceries, you can then plan your weekly menu around it.

              Once you know what all you need, you can go shopping and keep a running tally as you shop to ensure you’re on track.

              I tend to do this in my head, rounding for each item. However, writing it down as you go would probably work best for most people.

              Make a list… and never deviate

              Never go to the grocery store without a list. If you go to the store with a ballpark idea in mind, you don’t have a true ide of what you need.

              Advertising

              You’re not well-researched. You don’t know what the sales are. As a result, you’re going to make decisions on the fly.

              These impulse decisions will lead to overspending, which will derail your grocery budget.

              Eat before going grocery shopping

              It’s also important to eat prior to going to the grocery store. Hunger is a powerful force.

              If you’re shopping on an empty stomach, everything is going to look good. In particular, you may find a lot of ready-made, processed snacks will look enticing.

              After all, you’re hungry now and that food is easily available. So subconsciously, you may lean towards those items.

              Unfortunately, not only are those items typically less healthy, but they’re likely more expensive. You pay for convenience.

              However, when you eat prior to shopping, then you’ll shop with a clear mind. Your hunger won’t cloud your judgement, influencing you to make poor decisions like a cartoon devil resting on your shoulder whispering in your ear.

              This makes it much easier to stick to your grocery plan.

              5. Cancel your gym membership

              Now that you’re all set on your food, it’s time to get smart about managing your budget in terms of physical fitness. And let’s begin by avoiding the gym. The gym bill, that is.

              The average gym membership costs around $60 per month. That’s $720 a year.

              Advertising

              Yet, two out of three gym memberships go unused. That means two-thirds of people who have a gym membership are literally giving away almost a thousand bucks a year. It’s crazy!

              I recommend seeking an alternative. One good alternative is to look into fitness streaming services.

              Streaming services allow you to stream hundreds of workouts like Insanity and p90x, right in your own home for around $10-20 a month. That’s $40-50 less a month than the average gym membership.

              Of course, then there’s the free option. The internet is full of free workouts that you can do on your own with minimal or no equipment.

              For example, there’s the Couch to 5K program, that I personally used a decade ago to ease myself from couch potato to running my first 5K race. If I could do it, anyone could.

              Then there are free resources like reddit that have limitless information on workouts. The Fitness subreddit has done all the research for you, populating workout tips and detailed workout routines for anyone to use in their wiki.

              There are several routines that require no equipment. And you can join in on the subreddit to become part of the community, making it easier for those seeking comraderie and encouragement in their fitness goals. All for free.

              It’s baby steps… And baby steps can start now!

              I’ve never met anyone that can’t stand to be a bit smarter with their money. And on the flip side, anyone can get smarter with their money. But remember, it doesn’t happen all at once.

              Begin by fighting your impulses. Prepare for the week and be smart at the store. And cut monthly expenses like gym memberships that are overpriced and you probably aren’t getting your money’s worth out of anyway.

              The devil is in the details. And the details can change your lifestyle and prep you for a financially independent future.

              Featured photo credit: Unsplash via unsplash.com

              Read Next