Cyber Monday Deals Can Save You Cash, But They Won't Stick Around Forever
NEW YORK(CBSNewYork) -- Before people deck the halls they traditionally hit the malls.
But, who wants to deal with crowds when some seriously good deals are showing up online?
A new survey by financial services company 'Bankrate' found just 28 percent of shoppers plan to be in stores on Black Friday.
As CBS2's Dick Brennan reported, some say getting your shopping done from the comfort of your computer is just easier.
"You go online you can do all the searches, you don't have to travel from store to store," Lawrence Manzutto said.
But shoppers aren't going online without doing their homework.
"Definitely shop around for the price before we will buy online and then try to buy from a reputable company," Samantha Whyte said.
There are other steps you can take to save big while shopping online. Temporarily abandon your online cart. If you walk away for a while, some retailers will get in touch with you with extra incentives to make the purchase.
Follow your favorite retailer on social media. Consumers can often get special rewards for 'liking' favorite brands.
Making a list and sticking to it also helps.
"You're probably, as a consumer, getting emails from every single retailer out there," Poonam Goyal, Bloomberg Intelligence Retail Analyst, said, "You're probably going through 'oh my gosh, where are the best deals, where should I go?' It's really about having your list, this is what I need for the holiday."
Retailers are ready with their online discounts. Big box chain Walmart is planning to double its online price slashing this year. Deals like $500 off a 55-inch TV can be especially attractive for cost-conscious internet consumers.
"It's a good feeling to save money," Manzutto said.
The online deals won't stick around forever. The average item will get discounted by 20 percent during Thanksgiving week, and prices will increase the Tuesday after Cyber Monday.
You May Also Be Interested In These Stories
