Five Money-Saving Hacks When You Shop on Amazon
What is your New Year’s Resolution? Are you one of the 32% of people that are looking to save more money at the start of the new year?* If so, we’re here to help you get a jump start on saving.
Amazon is the leading online retailer with 49.1% of all online sales in the US.* Chances are, you use Amazon to order things all the time. That’s why it’s essential to know how to get the most from your money on the platform.
Spoiler: there’s more than one hack to help you save money all year long.
Check Prices Before Buying
Saving money when shopping online doesn’t need to revolve around coupons and sales. You can potentially save money every time you go to make an online purchase just by quickly checking prices. Look at other similar options by different sellers and in different colors to make sure you’ve got what you need at the best price.
For example, if you want to buy a new KitchenAid mixer with your Christmas money, you might go to Walmart or Target and pick out the style and color you want. However, if you take a look around, you could find a certain color, like this limited edition Queen of Hearts KitchenAid Mixer in Passion Red, is 41% less on Amazon than it is on Target. If the color isn’t the end-all-be-all, then you’ve just saved hundreds of dollars!
Look at Other Retailers
Always compare your options at other retailers —Amazon isn’t your only option. Big online retailers (like Target, Walmart, and Amazon) are competing for your business. They are changing prices thousands of times a day. It’s always worth quickly scanning to see if another retailer has the same product for less. For example, this 1.7 oz Peter Thomas Roth Moisturizer is $58.00 at Ulta. The same exact product is available for $33.00 at Walmart!
Think about it this way; if you’re looking for your pet’s food or your favorite beauty products without checking multiple retailers, you could be paying hundreds more than you need to over the year. Checking not just Amazon but Target and Walmart, too, will guarantee the best price possible.
Look at the Unit Price
Compare prices at the unit price when possible for the best deals. What is the unit price? Think back to your most recent trip to the vegetable section of the grocery store. Chances are, there were five or more types of apples.
Each of those apple varieties had their price per pound listed. That’s the unit price! It can be per ounce, pound, can, sheet, or more. If you can, you should always consider the unit price to make sure you get the best deal for each item you buy.
Avoid Sponsored Products
If you’re choosing sponsored products, you could be losing money with each purchase.
This is a topic we’ve written about extensively in the past. In other words, something we think you should understand. The cliff-notes?
Searching for a product on Amazon gives thousands of results with one to five sponsored products listed at the top of the page. These are nothing but advertisements even though they look almost identical to the regular products.
Similar to Google, results on Amazon are ranked by relevance and quality. However, if the seller pays for their item to be at the top, this might not be true. When this happens, they can have bad reviews, sub-par pricing, or even a faulty item! The best option – skip the sponsored products and take a look at the listings that had to work to get where they are.
Popcart is a price comparison extension that you can add to Chrome that will do all of this for you. Each time you shop on Amazon, Target, or Walmart, you should take a look for savings using the simple extension at the top of the screen.
When significant savings are present, we make your job even easier! A pop-up with a link to savings will appear in the same area. Take a look at the options and click the one that’s best for you to save.
As always, if you have questions, ideas or feedback, don’t hesitate to reach out to us at firstname.lastname@example.org.