Black Friday Tips For Bagging Best Bargains

With the best bargain shopping day of the year nearly here (Nov. 26), shoppers are being encouraged to start their homework now on products and prices to help separate the genuine doorbusters from the many ho-hum deals being promoted this year.

“Black Friday is still the real McCoy of sale days, but many of the so-called ‘doorbusters’ are not worth getting up for at 3am,” said Edgar Dworsky, founder of ConsumerWorld.org, a non-commercial consumer resource guide. Shoppers are being advised to check retailers’ websites for “secret” or web-only deals on Nov. 25-27, and to consider the many pre-Black Friday sales, including some on Thanksgiving Day itself.

Consumer World offers these holiday shopping tips to help bag the best bargains:

1. Read the Ads: Check local newspapers on Thanksgiving Day. They will be chock-full of circulars and last minute deals. Friday’s papers will include additional sales. Get on retailers’ email lists, and look for deals and coupons listed on their Facebook pages. Preview the Black Friday sale circulars now at bfads.net, and get a list of sale items at all stores combined by category, like all GPSes, at blackfriday.gottadeal.com.

2. Evaluate the Deals: Not all advertised items are great deals. To separate the ho-hum from the good deals, use several of Consumer World’s pricing tools, such as the Price Checker at ConsumerWorld.org (to compare prices at many online stores instantly), DealAlerter.com (to get notified when an item’s price drops) and PriceHistories.com (to compare today’s price for an item to what was charged over the past six months). If shopping online, find out the total price including shipping and tax (if any), and what the reputation of the seller is using BizRate.com or ResellerRatings.com .

3. Research the Right Product: A low price on a lousy product is no bargain. Check websites where professionals evaluate products, such as Consumer Reports, Steves-Digicams.com (for cameras), Ecoustics.com (TV/hi-fi equipment), PCMagazine.com (computers), best/worst toy lists, etc. Also, nothing beats reading customer reviews by real owners of the products you are thinking of buying. Check Epinions.com, and read the user comments posted after most product descriptions at Amazon.com.

4. Save with “Triple Plays”: To save the most, combine the primary ways to save: buy items at a good sale price, use percent-off/dollars-off coupons offered by some stores to lower that price even more, and look for items that also have a cash back rebate.

5. Be an Early Bird: Toys-R-Us opens at 10pm on Thanksgiving, Kohl’s at 3am, and Sears and Target at 4am on Friday. Wal-mart (WM) will open at 12:01am Friday with all its Black Friday deals except for electronics which go on sale at 5am. Plot your route from store to store based on store opening times, and since quantities are very limited, arrive before the doors open. Send family members to different stores if opening times conflict.

Among the best “doorbusters” this year: a Kenmore front loading washer and dryer pair for $599.98 (Sears); a Samsung 40” 1080p HDTV for $497 (Sears, WM); $10 off $25 coupon (Macy’s); a 40” Westinghouse HDTV for $298, a WD 2TB ext. hard drive $69, Sony Blu-Ray player $99 (at Best Buy too), Canon SX120 digital camera $129, small kitchen appliances $3 (WM too), adult sherpa hoodies $10 (all at Target); Seagate 1TB ext. hard drive $49.99, Garmin 265WT GPS $99.99 a/r, Norton Anti Virus free a/r, (Staples); small kitchen appliances valued to $40 for $9.99 after rebate (Kohl’s, Macy’s, JC Penney, WM); adult jeans $15 (Old Navy); 150 toys 50% off (Toys-R-Us ); Logitech wireless mouse $4.99 a/r, 8-gig SD memory cards $12.99 (Office Depot); and 9-pack Hanes men’s briefs $4.99, Garmin 265WT GPS Saturday only $99.99 (Kmart).

6. Beat the Early Birds: Wal-mart and Sears have been running pre-Black Friday sales on weekends, with better than Black Friday prices on some items. To plan for the real Black Friday, scope-out key retailers on Wednesday before Thanksgiving to learn each store’s floor plan in advance. Avoid the crowds by ordering online since some Black Friday deals may be available on Thanksgiving Day or Friday in the wee hours.

7. Check the Return Policy: Before buying, find out the store’s return policy. While many stores have extended their return deadlines into January, others are clamping down by imposing restocking fees on certain categories of items, or by using a blacklisting database or returns tracking system to deny refunds to returns abusers.

8. Get a Gift Receipt: Make returns easier for gift recipients by asking the store for a gift receipt and include it in the gift box. Without a receipt, a refund may be denied outright, or may be limited to only an equal exchange, or to a merchandise credit for the lowest price the item has sold for in the recent past.

9. Use the Right Credit Card: Certain credit cards offer valuable free benefits. For example, don’t be pressured into buying a service contract when you can get up to an extra year of warranty coverage free just by using most gold or platinum credit cards. Ask your credit card issuer what length warranties qualify for an extra year of coverage, if any. Some credit cards also offer a return protection guarantee (they will refund the purchase price within 90 days if the store will not), or a sale price guarantee (they will give you back the difference if an item goes on sale within 60 days of purchase).

10. Save More with Price Guarantees: The bargain shopping process does not end with a product purchase. Keep checking the prices of the items you bought. Since many stores offer a price protection guarantee, you may be entitled to get back some additional money if the seller or a competitor offers a lower price before Christmas.

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3 Comments on "Black Friday Tips For Bagging Best Bargains"

  1. Holiday season is knocking at the door. And, it is high time for shopping. Even during this period of financial crisis, we can save on shopping. Shopping through cash back portals like Ebates, Bing, AAfter Search and FatWallet is a great option for saving while spending.

  2. Great ideas!

    Another way to save is to use Price alert web sites, like ZingSale.com, let you create “email alerts” for product you want to buy, and then you’ll get notified as soon as the product goes on sale. It can be a lot quicker, and often times much easier than having to search stores looking for deals. Hope this helps save some $$$ this holiday!

    http://www.ZingSale.com

  3. I second Sandy’s opinion. Great suggestions there. I’d also recommend using cash back sites before you shop online. Best resource I’ve found to compare the various options is http://www.cashreporter.com

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