Advertising
Advertising

11 Ways To Save Money While Shopping Online in 2017

11 Ways To Save Money While Shopping Online in 2017

Shopping from home offers comfort and convenience, but many people fail to save money because they are not savvy to online markets. In this modern world, people don’t have time to physically hop from store to store due to busy schedules and buying online doesn’t have to be expensive. It is beneficial to be smart while shopping online. You just have to know what to look for. This article will show you some of the smartest ways to save money.

There are tons of tips posted on different websites. Not all of them help you save money. There are plenty of online outlets where despite your efforts you may still eventually spend more. Here are few key points which can actually save you money while shopping online.

1. Get Your E-mail Set Up For Online Shopping

It is very helpful to create a separate email address only for shopping. Online retailers will often send discounts, offers, and coupons. If you have a separate address, you can check that account only you’re ready to shop. With a certain purchase in mind, you can quickly search through the inbox and grab the coupon you need. That beats being bombarded by retail emails each time you go to reply to important messages.

Advertising

2. Research The Product

Research on the product you want to buy is important and it saves you money. It is good to shop around online to see if you can get a better deal on your product somewhere else. With research, you will know you are getting the best deal out there. Never neglect to check the manufacturer, who often has the best price available.

3. Track The Sales Price

One of the smartest ways to save money online while is tracking the sales price for discounts. The mistake many people make here is checking the online store as often as possible manually which does not guarantee them savings. The best way to track the price is to create an account with a website that provides this service. Create a merchant account on a site like Shoptagr, then save those adorable boots to your wish list. The sale system will email you when they are marked down in price. Sit back and watch your savings roll in.

4. Shop at the Right Time

Another mistake some people make is shopping at the wrong time. It is crucial to know the right time to shop in order save money. Suppliers know when customers buy, and adapt their prices accordingly. Most people shop on Sundays so prices usually increase as the weekend approaches. The best bargains occur early in the week, therefore it is best to do you online shopping Tuesday or Wednesday for the best deals.

Advertising

5. Make Use of One Merchant

It is one of the smartest consumer tactics to stick with one merchant for multiple purchases. If you buy more from one retailer then you tend to save money often. So remember, if you are making a lot of purchases at once, try to buy them all from one company. This incentivizes deals from the merchant. It also allows the retailer to ship all of your purchases together and can save you hundreds in shipping costs.

6. Leave Goods in Your Cart

Putting an item in your cart lets the retailer know you have an interest in buying. When you intentionally leave the item in your cart for a few days, the store commences to panic. Rather than lose the sale, they will often send you discount offers to get you to finalize your purchase. Leaving an item in your cart is also a good way to avoid losing money on impulse buys. Come back in a day or two and see how bad you, and the retailer, want that sale.

7. Request a Price Drop Refund

It can be really upsetting upon purchasing a product at full price just to see it go on sale the next day. In some instances, you could be in a position to get a price drop refund, which essentially refunds the difference between the sale price and what you paid.

Advertising

8. Bargain with Customer Service

Many companies are willing to honor any coupon, even if it’s expired. An expired coupon can be an opportunity for you, just contact customer service and bargain with them. Sometimes a phone call can go a long way, if you don’t have any coupon at all then ask if there is any discount available on the items you’re interested in.

9. Use Coupon Codes

The days and nights of clipping coupons out of magazines and papers may be over but that doesn’t mean coupons are dead! Nowadays, coupons come in the form of codes you enter when creating an online purchase. Although sometimes merchants will send you these codes, the best location to find them is a coupon website. In order to avoid endless searching, choose a site that offers discounts from many different retailers, such as Coupofy, to find the ones that you want.

10. Make use of Coupons Wisely

If you are applying several coupons to the price tag on a product or service, be sure to use them in a way that saves you the most money. It’s always best to use a “percentage-off” coupon before a “money-off” coupon.

Advertising

11. Use the Preferred Credit Card

It is obvious that credit card companies charge the retailer on any transaction. Many companies prefer their own credit card programs or have special deals with a credit company. In order to encourage you to use their cards, companies will often offer cash back programs and other rewards.

Finally, keep checking for cashback offers posted by retailers about different offers and discount rates. A lot of online retailers will provide huge discounts during festivals and holidays. In India, every other day is a festival. Shop with a bit of savvy and you should never pay full price online again.

Featured photo credit: BrookeValentine via brookevalentine.info

More by this author

Saminu Abass

Content Writer and Blogger

Don’t Let Social Media Control Your Body and Mind. It’s Killing Your Productivity. To Live a Much More Fulfilling Life, Aim at Self Actualization What Is A Serial Dater And Why Can’t They Stand Loneliness? Will Your Own Business Be a Huge Success? These 8 Predictors Can Tell the Answer Don’t Be Fooled by Social Media. Most People Feel Lonely Too.

Trending in Marketing

1 8 Life-Changing Skills You Can Learn in Less Than 6 Months 2 7 Things To Consider Before Hiring An Advertising Agency 3 9 Things Every Marketer Should Do 4 Tips for Designing Your Plastic Surgery Website for Optimal Marketing 5 SEO Tools Every Business Should Be Using in 2017

Read Next

Advertising
Advertising

Last Updated on October 18, 2018

10 Key Characteristics of a Highly Successful Entrepreneur

10 Key Characteristics of a Highly Successful Entrepreneur

When it comes to starting your own business and pursuing your dream of becoming an entrepreneur, it can be advantageous to go all in and embrace the flexibility of finally quitting your day job.

Keep in mind, though, that it takes a special kind of person to take the business world by storm: a person who has cultivated the key characteristics of entrepreneurial success.

People with these characteristics are likely to succeed, whereas people without them have difficulty moving forward with even the most brilliant business ideas.

These characteristics of an entrepreneur are so important that I’ve decided to cover all 10 of them in detail so that you can start your business with your best foot forward.

1. Successful Entrepreneurs Practice Discipline

Plenty of business experts claim that you can’t get anywhere as an entrepreneur without vision or creativity, but that’s simply not the truth. Instead, the one quality that no entrepreneur can be successful without is discipline.

To build an idea into a business, you have to have the discipline to spend time slogging through the least fun parts of running a business (like the bookkeeping), rather than taking that time to do something fun.

Andrew Carnegie, one of the most financially successful Americans of all time, grew up working dull and difficult jobs in factories. Despite going to bed hungry some nights, he continued doing his best work. He was eventually hired by a railroad company and continued to move up the ladder until starting his own successful businesses. Carnegie is a fine example of an entrepreneur dedicated to discipline and hard work. He truly earned his dreams of prosperity and success.

When you’re the boss, there’s no one to keep you at work except yourself — and there’s no short-term consequences for skipping out early.

Sure, if an entrepreneur plays hooky enough he knows that the business just won’t happen, but it’s very hard to convince someone that ‘just this once’ won’t hurt (and to keep ‘just this once’ from becoming a daily occurrence).

Advertising

2. Successful Entrepreneurs Keep Calm

Things go wrong when you run your own business.

Most entrepreneurs go through crises with their businesses — and more than a few wind up with outright failures on their hands. But when you’re responsible for a business, you have to be able to keep calm in any situation. Any other reaction — whether you lose your temper or get flustered — compounds the problem.

Instead, a good entrepreneur must have the ability to keep his cool in an emergency or crisis. It may not make the problem easier to solve, but it certainly won’t make it harder.

Honestly, losing your calm is a quick path to becoming the kind of person who gives up in the face of adversity. Instead giving in to frustration, remember classic entrepreneur Benjamin Franklin.

Franklin kept his calm as he experimented and tweaked his inventions again and again in pursuit of success. He didn’t give up during his many failures – he chose to innovate. You can choose innovation, too.

If an entrepreneur can handle failure without frustration or anger, s/he can move past it to find success.

3. Successful Entrepreneurs Pay Attention to Details

Restricting your attention to the big picture can be even more problematic than ‘sweating the small stuff.’

As an entrepreneur, unless venture capital has magically dropped out of the sky, a small expense can be a killer. It’s attention to detail that can make a small business successful when it has competition and it’s attention to detail that can keep costs down.

Attention to detail can be difficult to maintain — going over ledgers can be tedious even when you aren’t trying to pay close attention — but keeping your eye on a long-term vision is just asking for a problem to sneak in under a radar.

Advertising

After a business grows, an entrepreneur might be able to hire someone to worry about the details. In the beginning, though, only one person can take responsibility for the details.

Skeptical about the importance of details? Look no further than Howard Schultz, who grew a small coffee shop called Starbucks into one of the most globally successful coffee businesses in the world through his extreme attention to detail.

He is famous for taking all aspects of growing a business into account, paying attention not only to financially smart business decisions, but also focusing on socially responsible business decisions. Details can take you far.

4. Successful Entrepreneurs Embrace Risks

No entrepreneur has a sure thing, no matter how much money s/he stands to earn on a given product. Even if a product tests well, the market can change, the warehouse can burn down and a whole slew of other misfortune can befall a small business.

It’s absolutely risky to run a business of your own and while you can get some insurance, it’s not like most investment options. Even worse, if something does go wrong, it’s the entrepreneur’s responsibility — no matter the actual cause. In order to deal with all of that without developing an ulcer, you have to have a good tolerance for risk.

You don’t need to channel your inner frat boy and take on absolutely stupid risks, but you need to know just how much you can afford to risk — and get a good idea of how likely you are to lose it. If the numbers make you uncomfortable, the risk is too great.

Embracing risks is essential for growth and additional success, as well. Walt Disney, for example, could have stayed comfortable with his advances in the film and animation industries, but decided to expand his brand with a new dream: a theme park that soared above the competition. Without taking this risk, the incredibly successful Disney theme park empire would never have come about.

An entrepreneur has to be willing to accept pretty big risks, with some level of comfort.

5. Successful Entrepreneurs are Balanced

You can take any characteristic too far. There’s a point at which attention to detail can become obsession or calm can become unemotional response.

Advertising

As an entrepreneur, you have to be able to balance your characteristics, getting the most of them without going over the edge. But balance for an entrepreneur goes far beyond keeping your characteristics in check, though.

Just as an entrepreneur doesn’t have a boss to keep them at work when necessary, they don’t have one to send them home when they’re done. If you are working for yourself, you have to decide how to balance your work and home life — and if you have a day job to add into the equation, balance just gets more complicated.

Oprah Winfrey, one of the most successful and influential entrepreneurs out there, understands the importance of balance. Winfrey has a lot going on; she runs her own media kingdom, acts, produces films, publishes print, and more. In an interview with Fast Company,[1] she talks about her efforts to balance priorities and self care, saying that she must ask herself what is truly important in each limited day.

You may or may not have as much on your plate as Oprah, but learning how to balance whatever you have going on in life will certainly help you farther along down the road as you learn to be a great entrepreneur.

6. Successful Entrepreneurs are Passionate and Motivated

In order to develop any of the above characteristics, you must have a foundation of passion. Staying disciplined day after day during the building of your business takes unrivaled motivation.

Before you start any business, ask yourself if you can sustain true excitement about your idea during even the darkest days ahead of you. If the answer is yes, then good for you! Nurture your natural motivation by taking these action steps throughout your business journey:

  • Commit to making short and long-term goals. Check in with them often to stay on task.
  • Have a plan in place for the inevitable days when you feel discouraged. Make a list of things that will help keep you motivated and focused.
  • Share your ideas with trusted individuals who are just as excited as you are. They will help keep your enthusiasm rolling even when you are feeling down.

By being prepared for apathetic days and holding fast to your authentic passion, you can actually enjoy your journey to success.

7. Successful Entrepreneurs Adapt

Remember this one word: flexibility. Seasoned entrepreneurs know that change is not only a part of life, but also a part of the business world. Expect change and choose to adapt.

As a new entrepreneur, it will be tempting to cling to your original business plan with no exceptions, even if you notice it isn’t working. Good entrepreneurs know that it’s okay to make smart, informed changes in order to ensure efficiency.

Advertising

8. Successful Entrepreneurs are Marketing and Sales Experts

No matter what kind of business you are starting, a knowledge of marketing and sales will save you many headaches. A passion for creating a beautiful handmade lifestyle product is not enough to run a successful lifestyle brand; it is critical that you understand key business principles in addition to your natural skills or great product line.

Not sure how to start? Taking business courses is a great idea, but you can also easily brush up on sales and marketing through free online resources. Check out these 10 Sales Skills Everyone Should Master To Be Successful to begin now.

9. Successful Entrepreneurs Have Strong Money Management

Along with sales and marketing skills, money management is a very useful tool in the box of the entrepreneur. Understanding how to best manage your money can be the difference between early success and early failure in the business world.

If money management isn’t your strongest skill, prepare to hire a financial expert to help you with any tricky business that comes up. Financial guidance and knowledge is never a bad idea.

10. Successful Entrepreneurs Ask Questions and Continually Improve

Pride is a natural human quality, but it’s important to humbly conduct some constructive criticism every now and again on both yourself as a leader and your new business as a whole.

Assess how things are going and be willing to make positive changes if necessary. Here’re 15 ways to cultivate lifelong learning.

If you are always improving, then how can you ultimately fail?

The Bottom Line

Let me remind you of one important fact: the qualities of an entrepreneur listed here are not exclusively available to some people and elusive to others.

Although some people may have natural strengths and weaknesses, these qualities can be learned by anyone interested in taking up the entrepreneurial challenge. It might not be easy to change old habits, but it is absolutely possible to cultivate these characteristics in yourself.

Whether you’re a business owner or an aspiring entrepreneur, with hard work, you can train yourself to develop the qualities that truly determine the entrepreneurial spirit and future success.

Featured photo credit: Unsplash via unsplash.com

Reference

Read Next