Indians spent more than 210.6 billion dollars in the purchase of products on the Internet in 2013, according Statista, but I wonder how much this figure could be reduced if they had done all they could to save money. Unless you have no debt and that you have a balanced budget, we advise you to read these 6 ways to save money on your online shopping.
Saving money online
1. Avoid shipping costs
For $69 a year, registration for Amazon Prime allows you to deliver all your purchases for free. In addition, if you group our purchases together on other websites, you will normally exceed the minimum amount to get the free shipping.
You can also perform a quick search and find discount coupons to get free shipping. In addition, many retailers now offer the option to pick up your order in store. Although they may not seem important, the shipping costs may be added over time, especially if you tend to make many purchases online.
2. The group buying websites
Sites such as Groupon or Grodeal offer impressive offers both products and services. You can either purchase the product directly through the web site or print a coupon for a particular service, which will offer you often 50% discount or more.
3. Use the best credit cards and find the best deals.
Some credit cards offer up to 5% discount on your online purchases made during the last quarter of the year. Just look for the best offer. There are also “business” that you can find by logging into your account. If an offer appears, register and you can make serious savings. For example, you could make purchases for an amount of Rs 75 and receive Rs 15 discount. There is nothing better than to get money simply by having to perform a few simple steps – so make sure you have these cards.
4. Use codes
Coupons websites allow you to get vouchers and other coupons. No need to register, just look for the brand in question, copy the code and enter it when paying your purchases. If you find a good 10% discount and you buy a computer at Rs 600, Rs 60 this will always be saved to your bank account.
5. Know and detect bargains
Make sure you know the difference between a good offer and one that is not. This is not because Groupon says selling a camera to Rs 80 when it normally costs Rs 199 that’s necessarily true. Check rates using sites such as eBay or Amazon. In many cases, it is not an offer so interesting.
6. Make sure that your online payments are secure
There are many ways for cybercriminals to steal money. Reckless transfer could cost you all your savings in the year. That is why it is very important to be careful when making online purchases. The best way to ensure that a service is safe is to use protection.
Some additional tips
Suppose you have saved Rs 50 by buying a product on Groupon, Rs 30 using the right credit card and an additional 20 Rs avoiding shipping costs. Instead of letting those 100 Rs sleeping on your bank account, use them where you need it the most. For example, you can pay a bill, pay your home loan or even bail out your bank account reserved for emergencies. Save all you can about shopping online is important but what you do with the money saved is also essential.
And you, how do you save money on your online purchases?