Black Friday is just around the corner, and with the cost-of-living crisis, many of us are on the lookout for the best deals and discounts. But before you click “add to basket,” it’s important to know that not all Black Friday deals are as good as they seem.
According to consumer advice group Which?, only 2% of the 208 products they analyzed during Black Friday 2022 were actually at their lowest price. This means that there are plenty of other opportunities throughout the year to find the same products for the same price or even cheaper.
To help you resist the temptation of impulse buying and make the most out of Black Friday sales, we’ve gathered some expert tips:
1. Make a wishlist: Before the sales begin, make a list of the items you actually need or have been planning to buy. Stick to this list and avoid being drawn in by flashy advertisements and deals that may not be worth it in the long run.
2. Do your research: Take the time to compare prices across different retailers and use price comparison websites to ensure you’re getting the best deal. Also, consider using price tracker websites to track the price history of an item and avoid falling for fake discounts.
3. Beware of scams: While Black Friday offers great opportunities for savings, it also attracts scammers. Be cautious of deals that seem too good to be true and stick to reputable retailers. When shopping online, especially on social media platforms, look out for scam websites and use a credit card for added protection.
4. Consider if you really need it: One of the best ways to save money on Black Friday is to only buy what you truly need. Avoid falling into the trap of buying unnecessary items just because they’re on sale. Make more considered choices and prioritize your needs over impulsive wants.
Remember, Black Friday is not the only opportunity to find great deals. By following these expert tips, you can navigate the sales with confidence and save money throughout the year.
Have a question about Black Friday sales? Check out our FAQs below:
Q: Are Black Friday deals really worth it?
A: While Black Friday offers discounts on many products, not all deals are as good as they seem. It’s important to do your research and compare prices to ensure you’re truly getting a good deal.
Q: Can I find the same products for cheaper at other times of the year?
A: According to consumer advice group Which?, many products can be found for the same price or even cheaper outside of Black Friday sales. Keep an eye out for other sale events throughout the year.
Q: How can I avoid falling for fake discounts?
A: Be cautious of deals that seem too good to be true and stick to reputable retailers. Use price comparison websites and price trackers to track the price history of an item and avoid falling for fake discounts.
Q: How can I protect myself from Black Friday scams?
A: To protect yourself from scams, shop from reputable retailers and be extra cautious when shopping on social media. Using a credit card for purchases can provide added protection in case of fraudulent transactions.
Q: Is it better to make a wishlist before Black Friday?
A: Making a wishlist before Black Friday can help you stay focused on the items you actually need and avoid impulse buying. Stick to your list and prioritize your needs over impulsive wants.