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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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              Published on July 4, 2018

              Top 10 Recommendations on Money Management Apps

              Top 10 Recommendations on Money Management Apps

              Don’t want to overspend your budget, swipe your credit card too many times, and feel like a financial mess? Instead of beating yourself up for the bad financial decisions you’ve ever made, create a new plan!

              The solution is simple, save more and spend less. But, we all know it’s easier said than done.

              One problem is finding quality apps that save you time and money, and aren’t just hype.

              Luckily, there’re many great money management apps available at your fingertips. Here are 10 reliable money management apps that can help you save money, and crush debt.

              1. Personal Capital

                When was the last time you’ve tracked your net worth? Probably months ago or maybe never. Personal Capital allows you to easily track your net worth and plan for retirement.

                Here are some of its main features:

                • Sync many investment accounts, and expenses (mortgage, credit cards, etc.) in one place
                • Discover hidden fees and how much they’re affecting your retirement plan
                • Wealth management for investors requiring a long-term strategy

                With Personal you’re free to track your expenses and net worth.

                Available for: iOS and Android

                2. Mint

                  If your smartphone could only install a few apps, Mint would be one of them. Why? Because Mint tracks all your balances and bills in one place.

                  Here are some of its main features:

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                  • Effortlessly track all your bills and balances in one dashboard
                  • Categorized expenses to understand where you spend your money
                  • Uncover hidden fees, and determine your investment style with sophisticated retirement tools.

                  Feel at ease with managing your money by a reputable company that isn’t going anywhere.

                  Available for: iOS and Android

                  3. YNAB

                    Everyone needs a budget, there’s no way around it. YNAB (You Need A Budget) is an easy to use app that will change the way you think about money. Their motto is to “give every dollar a job”, and you’ll quickly discover why.

                    Here are some of its main features:

                    • Easily sync all bank accounts in one place
                    • Visually see your debt paying progress with eye-catching charts and notifications
                    • Customized categories setting saving goals

                    The best part about YNAB is the community that comes along with it. You can hop on the YNAB forum to receive support, listen to the YNAB Podcast or stay tuned for their weekly videos.

                    Available for: iOS and Android

                    4. Wealthfront

                      Albert Einstein once said “compound interest is the eight wonder in the world”, and for a very good reason. The problem is, most people are scared or unwilling to learn the basics of investing. This is why Wealthfront is the perfect solution for the hands-off investors.

                      Here are some of its main features:

                      • Variety of investment account options including IRA, Roth IRA, and more
                      • Your portfolio composed of 7 different asset classes
                      • Automatically rebalanced portfolio
                      • Daily tax loss harvesting

                      Wealthfront is perfect for people requiring investment guidance, or prefer a hands-off solution.

                      Available for: iOS and Android

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                      5. Clarity Money

                        If you’re staying on top of your budget but want to take your finances to the next level, Clarity Money can help you. Clarity Money helps you stay under budget and build a personalized savings plan.

                        Here are some of its main features:

                        • Easily cancel subscriptions with one click
                        • Synchronize bank accounts fast
                        • Transfer money effortlessly between different accounts

                        Clarity Money isn’t an app that does it all. But, it does make transferring money and canceling subscriptions fast and efficient.

                        Available for: iOS and Android

                        6. Acorns

                          What if there was a way to quickly gain confidence in investing your money, without too much risk? There is, and Acorns is your solution. With Acorns’s technology, you’re able to make investments as small as $5.

                          Here are some of its main features:

                          • Automatic contribution option
                          • Customized portfolio tailored to your needs
                          • Low management fees ranging from $1-$2 per month

                          Stop wasting dollars on expensive coffee. Instead, invest them towards a brighter financial future.

                          Available for: iOS and Android

                          7. Albert

                            Do you budget by only subtracting your expenses from your income? If so, how would you discover any overpayments or extra money you could save? This is where Albert shines, and it does it all free.

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                            Here are some of its main features:

                            • Receive notifications for overpayments, hidden fees, and low balances
                            • An Automatic budget that’s built around your spending and income
                            • Easily track debt and set new financial goals

                            While Albert does offer a paid option, most of its core features are FREE. So, what better option to save?

                            Available for: iOS

                            8. Prism

                              Have you recently forgot to pay a bill because life got in the way? Prism automatically tracks your bills and syncs your bank accounts in one place.

                              Here are some of its main features:

                              • View all your account balances in one glance
                              • Bill due dates are automatically pulled and tracked
                              • Receive early reminders for upcoming bills

                              If your budget is on “fleek” but can’t seem to stay on top of your bills, Prism is your go-to app.

                              Available for: iOS, Android, Windows, Amazon

                              9. Mvelopes

                                Remember hearing about people using envelopes to budget their money? Well, Mvelopes is the new envelope system for this generation. Easily create monthly budgets and track your saving goals.

                                Here are some of its main features:

                                • Connect unlimited bank accounts
                                • Real-time budgeting with auto transaction syncing
                                • Low monthly $4 fee or $40 annual

                                Mvelopes can help you crush debt, save more, and help you stop overspending. With its low monthly fee, it’s worth a try.

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                                Available for: iOS and Android

                                10. Wallaby

                                  Most people don’t have time to track their credit card’s changing rewards and interest rates. Because of this, you need help reaping the most of your credit card’s rewards. Wallaby is the app that will help you do just that.

                                  Here are some of its main features:

                                  • Automatic recommendations for the best credit card to use for each transaction
                                  • A friendly user interface, displaying credit cards with their corresponding images
                                  • Free to use

                                  If you’re using the same credit card to make your purchases, you may be leaving money on the table. Give Wallaby a try if you’re ready to maximize your credit card’s rewards.

                                  Available for: iOS and Android

                                  Take control of your finances and experience financial freedom

                                  Picture yourself staying on budget and saving more money than you’d ever imagined.

                                  It took hard work and dedication but you’d finally learned how to manage your money. You have to start taking control of your spending and saving habits.

                                  You now have a list of reliable apps that can help you build better money habits, what are you waiting for?

                                  Featured photo credit: Pexels via pexels.com

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