{"id":51889,"date":"2023-08-23T05:37:54","date_gmt":"2023-08-23T09:37:54","guid":{"rendered":"https:\/\/ifintechworld.com\/news\/how-smart-shoppers-can-make-the-most-of-late-summer-and-fall-sales\/"},"modified":"2023-08-23T05:37:57","modified_gmt":"2023-08-23T09:37:57","slug":"how-smart-shoppers-can-make-the-most-of-late-summer-and-fall-sales","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=51889","title":{"rendered":"How smart shoppers can make the most of late summer and fall sales"},"content":{"rendered":"
\n

This <\/em>article<\/em> is reprinted by permission from <\/em>NerdWallet<\/em>.\u00a0<\/em><\/p>\n

To get the most out of summer sales, shoppers have to think ahead \u2014 sometimes way ahead.<\/p>\n

That\u2019s because end-of-summer sales are the ideal time to stock up on hot weather items that you\u2019ll use a year from now. \u201cFlip-flops, bathing suits, beach towels, grills, Adirondack chairs \u2014 at the end of the season, that\u2019s when you\u2019ll get the best prices of the year,\u201d says Leah Ingram, who writes about saving money on her Real Sophisticated Consumer blog at LeahIngram.com.<\/p>\n

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\u201cThese sales help stores make room for the next seasonal holiday, and most importantly, they help keep consumers engaged with the brand or retailer during off-peak times,\u201d says Katie Hansen, a senior retail and e-commerce analyst at Mintel, a market intelligence agency.<\/p>\n

Shoppers are especially hungry for sales because inflation has been straining\u00a0Americans\u2019 budgets. \u201cConsumers are trying to make the most of their dollars right now,\u201d Hansen adds.<\/p>\n

A plan-ahead strategy can save you hundreds if not thousands of dollars a year. Knowing how to smartly shop late summer and fall sales can bring down the cost of items you\u2019ll use right away, at holiday giving time and next year. Here\u2019s how to get the most out of these sales:<\/p>\n

Look for freebies with purchases<\/strong><\/h2>\n

To keep shoppers engaged during the slower summer shopping season, retailers often offer additional promotions along with traditional discounts. Those can include \u201cbuy one, get one\u201d deals, gift cards or a free gift with a purchase, or even discounts on yearlong memberships, Hansen says.<\/p>\n

When comparing prices, consider the whole promotional package.<\/p>\n

Check out<\/strong> MarketWatch\u2019s Deal of the Day<\/p>\n

Don\u2019t delay buying back-to-school supplies<\/strong><\/h2>\n

As soon as you receive your supply list from schools, it\u2019s time to go shopping, says Charles Field, CEO of TeacherLists, a national source of verified school supply lists for retailers and parents. \u201cMost retailers roll out\u00a0back-to-school\u00a0pricing after July 4, and then it hits its peak through early August,\u201d he says, even though some parents (and kids) might not be ready to think about binders and notebooks quite yet.<\/p>\n

Even if you missed this year\u2019s mid-July sales, August could give you another chance at worthy deals, especially if schools in your local district open later.<\/p>\n

For some items, wait for October<\/strong><\/h2>\n

Last year, major retailers like Amazon and Target held big sales events in October, which allowed shoppers to stock up on gifts months before the holidays arrived. \u201cThere\u2019s no reason to think they won\u2019t be doing that again in 2023, so have your ears perked up in October,\u201d Ingram says. If you need big-ticket items such as electronics or appliances, that could be your best chance to buy at a discount.<\/p>\n

Similarly, summer clothing goes on sale as fall hits and fall styles even later in the year, so waiting to purchase back-to-school apparel is a smart move, says Samantha Gordon, deals editor at Consumer Reports, a nonprofit consumer research and advocacy organization. \u201cYou don\u2019t have to buy everything your kids are going to need right away,\u201d she adds.<\/p>\n

Also read<\/strong>: Why have frozen fruit and vegetable prices soared by almost 12% \u2014 but the cost of fresh produce has not?<\/p>\n

Keep watching prices even post-purchase<\/strong><\/h2>\n

\u201cOne of my favorite tips is after you\u2019ve made the purchase, keep your eye on the item, because you might be able to get a partial refund if it goes on sale next week,\u201d Gordon says.<\/p>\n

Retailer policies vary, so you\u2019ll want to check on the details in advance, she adds. And if a retailer doesn\u2019t offer price matching, you might be able to return the full-price item and purchase it again for the discounted price.<\/p>\n

Using\u00a0browser extensions\u00a0like PayPal Honey, the Camelizer and Rakuten can help ensure you\u2019re buying when prices drop as well as apply any available coupon codes or\u00a0cash-back opportunities, Ingram says. \u201cYou can get cash back on things you need to buy anyway,\u201d she adds.<\/p>\n

See<\/strong>: I made nearly $1,400 using cash-back app Rakuten \u2014 and you can do the same<\/p>\n

Spread out holiday expenses<\/strong><\/h2>\n

Buying holiday gifts during summer sales or October discounts might sound extreme, but it\u2019s becoming more common for shoppers looking to spread out their expenses and nab the best deals.<\/p>\n

\u201cI started to elongate my holiday purchases, starting around Prime Day and other summer sales for my nieces and nephews,\u201d says Christian Piller, co-founder and chief commercial officer of Pollen Returns, a service that handles retail returns. Being more flexible on timing also allows him to make purchases when the biggest sales hit, such as buying a new TV right before the Super Bowl.<\/p>\n

Also see:<\/strong> How I stacked a new credit card with a\u00a0high-yield savings account\u00a0to save over $1,100 on a remodel<\/p>\n

Scoring the best deals often means waiting patiently for the moment the price drops, even if that moment comes months before you actually need the item.<\/p>\n

More From NerdWallet<\/strong><\/p>\n

Kimberly Palmer writes for NerdWallet. Email: kpalmer@nerdwallet.com. Twitter: @kimberlypalmer.<\/em><\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

This article is reprinted by permission from NerdWallet.\u00a0 To get the most out of summer sales, shoppers have to think ahead \u2014 sometimes way ahead. That\u2019s because end-of-summer sales are the ideal time to stock up on hot weather items that you\u2019ll use a year from now. \u201cFlip-flops, bathing suits, beach towels, grills, Adirondack chairs […]<\/p>\n","protected":false},"author":1,"featured_media":51890,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[236],"tags":[83],"class_list":["post-51889","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-news","tag-featured","post_format-post-format-gallery"],"yoast_head":"\nHow smart shoppers can make the most of late summer and fall sales | iFintechWorld<\/title>\n<meta name=\"description\" content=\"This article is reprinted by permission from NerdWallet.\u00a0 To get the most out of summer sales, shoppers have to think ahead \u2014 sometimes way ahead. 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