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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.

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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.

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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.

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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.

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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

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Saminu Abass

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Last Updated on April 9, 2020

5 Types of Leadership Styles (And Which Is Best for You)

5 Types of Leadership Styles (And Which Is Best for You)

It takes great leadership skills to build great teams.

The best leaders have distinctive leadership styles and are not afraid to make the difficult decisions. They course-correct when mistakes happen, manage the egos of team members and set performance standards that are constantly being met and improved upon.

With a population of more than 327 million, there are literally scores of leadership styles in the world today. In this article, I will talk about the most common types of leadership and how you can determine which works best for you.

5 Types of Leadership Styles

I will focus on 5 common styles that I’ve encountered in my career: democratic, autocratic, transformational, transactional and laissez-faire leadership.

The Democratic Style

The democratic style seeks collaboration and consensus. Team members are a part of decision-making processes and communication flows up, down and across the organizational chart.

The democratic style is collaborative. Author and motivational speaker Simon Sinek is an example of a leader who appears to have a democratic leadership style.

    The Autocratic Style

    The autocratic style, on the other hand, centers the preferences, comfort and direction of the organization’s leader. In many instances, the leader makes decisions without soliciting agreement or input from their team.

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    The autocratic style is not appropriate in all situations at all times, but it can be especially useful in certain careers, such as military service, and in certain instances, such as times of crisis. Steve Jobs was said to have had an autocratic leadership style.

    While the democratic style seeks consensus, the autocratic style is less interested in consensus and more interested in adherence to orders. The latter advises what needs to be done and expects close adherence to orders.

      The Transformational Style

      Transformational leaders drive change. They are either brought into organizations to turn things around, restore profitability or improve the culture.

      Alternatively, transformational leaders may have a vision for what customers, stakeholders or constituents may need in the future and work to achieve those goals. They are change agents who are focused on the future.

      Examples of transformational leader are Oprah and Robert C. Smith, the billionaire hedge fund manager who has offered to pay off the student loan debt of the entire 2019 graduating class of Morehouse College.

        The Transactional Style

        Transactional leaders further the immediate agenda. They are concerned about accomplishing a task and doing what they’ve said they’d do. They are less interested in changing the status quo and more focused on ensuring that people do the specific task they have been hired to do.

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        The transactional leadership style is centered on short-term planning. This style can stifle creativity and keep employees stuck in their present roles.

        The Laissez-Faire Style

        The fifth common leadership style is laissez-faire, where team members are invited to help lead the organization.

        In companies with a laissez-faire leadership style, the management structure tends to be flat, meaning it lacks hierarchy. With laissez-faire leadership, team members might wonder who the final decision maker is or can complain about a lack of leadership, which can translate to lack of direction.

        Which Leadership Style do You Practice?

        You can learn a lot about your leadership style by observing your family of origin and your formative working experiences.

        Whether you realize it, from the time you were born up until the time you went to school, you were receiving information on how to lead yourself and others. From the way your parents and siblings interacted with one another, to unspoken and spoken communication norms, you were a sponge for learning what constitutes leadership.

        The same is true of our formative work experiences. When I started my communications career, I worked for a faith-based organization and then a labor union. The style of communication varied from one organization to the other. The leadership required to be successful in each organization was also miles apart. At Lutheran social services, we used language such as “supporting people in need.” At the labor union, we used language such as “supporting the leadership of workers” as they fought for what they needed.

        Many in the media were more than happy to accept my pitch calls when I worked for the faith-based organization, but the same was not true when I worked for a labor union. The quest for media attention that was fair and balanced became more difficult and my approach and style changed from being light-hearted to being more direct with the labor union.

        I didn’t realize the impact those experiences had on how I thought about my leadership until much later in my career.

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        In my early experience, it was not uncommon for team members to have direct, brash and tough conversations with one another as a matter of course. It was the norm, not the exception. I learned to challenge people, boldly state my desires and preferences, and give tough feedback, but I didn’t account for the actions of others fit for me, as a black woman. I didn’t account for gender biases and racial biases.

        What worked well for my white male bosses, did not work well for me as an African American woman. People experienced my directness as being rude and insensitive. While I needed to be more forceful in advancing the organization’s agenda when I worked for labor, that style did not bode well for faith-based social justice organizations who wanted to use the love of Christ to challenge injustice.

        Whereas I received feedback that I needed to develop more gravitas in the workplace when I worked for labor, when I worked for other organizations after the labor union, I was often told to dial it back. This taught me two important lessons about leadership:

        1. Context Matters

        Your leadership style must adjust to each workplace you are employed. The challenges and norms of an organization will shape your leadership style significantly.

        2. Not All Leadership Styles Are Appropriate for the Teams You’re Leading

        When I worked on political campaigns, we worked nonstop. We started at dawn and worked late into the evening. I couldn’t expect that level of round-the-clock work for people at the average nonprofit. Not only couldn’t I expect it, it was actually unhealthy. My habit of consistently waking up at 4 am to work was profoundly unhealthy for me and harmful for the teams I was leading.

        As life coach and spiritual healer Iyanla Vanzant has said,

        “We learn a lot from what is seen, sensed and shared.”

        The message I was sending to my team was ‘I will value you if you work the way that I work, and if you respond to my 4 am, 5 am and 6 am emails.’ I was essentially telling my employees that I expect you to follow my process and practice.

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        As I advanced in my career and began managing more people, I questioned everything I thought I knew about leadership. It was tough. What worked for me in one professional setting did not work in other settings. What worked at one phase of my life didn’t necessarily serve me at later stages.

        When I began managing millennials, I learned that while committed to the work, they had active interests and passions outside of the office. They were not willing to abandon their lives and happiness for the work, regardless of how fulfilling it might have been.

        The Way Forward

        To be an effective leader, you must know yourself incredibly well. You must be self-reflective and also receptive to feedback.

        As fellow Lifehack contributor Mike Bundrant wrote in the article 10 Essential Leadership Qualities That Make a Great Leader:

        “Those who lead must understand human nature, and they start by fully understanding themselves…They know their strengths, and are equally aware of their weaknesses and thus understand the need for team work and the sharing of responsibility.”

        The way to determine your leadership style is to get to know yourself and to be mindful of the feedback you receive from others. Think about the leadership lessons that were seen, sensed and shared in your family of origin. Then think about what feels right for you. Where do you gravitate and what do you tend to avoid in the context of leadership styles?

        If you are really stuck, think about using a personality assessment to shed light on your work patterns and preferences.

        Finally, the path for determining your leadership style is to think about not only what you need, or what your company values, but also what your team needs. They will give you cues on what works for them and you need to respond accordingly.

        Leadership requires flexibility and attentiveness. Contrary to unrealistic notions of leadership, being a leader is less about being served and more about being of service.

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        Featured photo credit: Unsplash via unsplash.com

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