Best Smart Online Bargains | Saveasaurus

What are smart online bargains

The time has never been better for online shoppers. Smart shoppers everywhere are heading online for the best bargains and shopping deals. Across the world, shoppers are feeling the pinch these days and trying to shop to a budget is getting increasingly difficult. Moreover, with the global economic slowdown seen in major countries, buying just essentials such as petrol and groceries has left consumers with very little for anything else. Hence, shoppers appreciate how quick and easy it is to find something special online that they have been gazing at the store window and never really had the budget to buy it at full price.

Smart online bargains are a type of shopping deals offered by some online stores. Smart online  bargains offer the best off-price shopping for a variety of products such as bed and bath accessories, home furniture, clothes, jewellery, and watches. In contrast to other bargain stores, it does not involve a rummage sale and stocks only the best fashionable brands. Smart online bargains also offer products like holidays and investment gold. What’s more, smart online bargains offer a 30-day money back period in case of any dissatisfaction. Apart from earning rebates while buying from many online stores, shoppers also save a huge amount on hundreds of products, including the most popular gift cards.

What are the options available

Most of the online stores that offer smart bargains offer free registration. Shoppers can avail various unique kinds of smart bargains such as express auctions and lowest unique bid. To participate in these auctions, shoppers usually need to purchase credits costing anywhere between 50-90 cents. To entice shoppers to visit their websites more often, online stores usually offer for credits purchased.

Express auctions are a huge hit with shoppers since every time a shopper uses a credit to bid for an item, the price of the item reduces by about 25 cents. Amazingly, the items available on such auctions are all brand new products from leading manufacturers such as Sony, Nikon, Apple, and Versace, to name a few. For shoppers who prefer the bricks and mortar mode of shopping, smart bargain stores offer departmental store gift cards such as K-Mart gift cards at a fraction of the real cost. Most of the BP and Shell cards offer savings of 30-50 percent and are sold within an hour or two of being posted online. The lowest unique bid is another smart bargain with even bigger savings being offered to shoppers.

Daily deals are 24-hour discounts offered on a host of merchandise such as cameras, tablets, laptops, and other sought after lifestyle goods. These deals are updated on a daily basis and offer huge savings to the consumer. Apart from the savings, one can also avail free shipping within a permissible limit.

What are coupon code bargains

Traditionally, money-saving techniques such as, generally found in newspapers, have been very popular among shoppers. However, with more and more shoppers becoming tech-savvy and accessing the internet for various shopping needs, big brands are fast replacing the traditional coupons with digital coupons. Digital coupons are increasingly being perceived as tools to empower the shopper, giving them the tools to find the best smart online deals.

It has been observed that digital coupons have redemption rates that are nearly 20 times higher than direct mail or electronically dispensed coupons. More and more retailers are using digital coupons to drive consumers to their websites, and thereby shop more. Many leading brands also benefit from the shorter lead times that digital coupons offer. Digital coupons are of two types: Printable coupons and online coupon codes. To be redeemed at a cash register, must be either printed by the customer or loaded virtually onto a supermarket loyalty card.

Printable coupons are generally offered for grocery purchases; here the shopper is offered huge savings on the common household products. Most online grocery stores update their inventory of coupons on a daily basis, and it’s easy to browse and print them. This enables customers to save precious time while making huge savings. The online coupon codes can help you score deals like free shipping, while helping you save on deal for just about everything from dining to spa treatments. Not to forget the free stuff and samples on offer! The redemption rates for printed coupons are about 15% whereas those for loyalty card coupons are around 10%.

Here are some amazing statistics

Coupons.com has the largest distribution network in the industry. It reaches 17 million households per month across more than 2,000 partner sites. The partner sites provide a whole gamut of offerings ranging from food, dining, beauty therapies, medicines, and lifestyle products. For the tech-savvy mobile users, coupons.com offers coupons through its GroceryIQ app. Another major player, has 3 million monthly visitors and over 1,000 partner sites, including some retailers.

With the high adoption and usage of smartphones and the rapid technological advancements in the retailing space, large retailers such as Target have the technology to scan barcodes on the consumers’ mobile phones. Moreover, there are also mobile phone apps such as CardStar, which aggregate the loyalty points of the shopper. The shopper can then present the mobile phone at the checkout or billing counter to redeem these points. In short, digital coupons are a method used by retailers to reward customers for their brand loyalty.

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Best Online Shopping Deals | Saveasaurus

What are online shopping deals

In recent years, the internet has revolutionized the way one shops for basic goods and services. Sitting in the comfort of one’s home, consumers can travel the world, looking for things of their fancy without time or location constraints and can conclude a deal without breaking a sweat. With a click of the mouse, consumers can now conclude an online transaction in a matter of seconds, thanks to the advancement of e-commerce transactions and the availability of mobile banking.

Added to this, the high penetration of PCs and smartphones as well as high-speed broadband connectivity has prompted shoppers to increasingly shop online. Moreover, the growing middle-class, which is strapped for time and is increasingly tech-savvy, is driving the growth of online shopping portals across the world.

What’s in it for you

In the US, there is a growing trend of the young population who spend a significant amount of time online. Online shopping is increasingly becoming popular among these consumers because of the convenience of online product research, comparison shopping, and competitive pricing to suit every budget and taste. The major reasons driving the online shopping across the world is cash-on-delivery facility, as well as discounts & offers provided by the online retailers. The busy lifestyle of people who do not have time to shop at physical retail outlets is also another reason for the growing popularity of online shopping.

Companies offering online shopping deals have reported astronomical revenue growth over the past two years since they provide discounts at local and nationwide businesses. These companies are taking advantage of the lower disposable incomes of people and offering them hard-to-resist shopping deals to sell their goods and services.

What are daily deals

Some online shopping companies offer discounts on goods and services for a given time only (typically 24 to 36 hours). These discounts are often more than 50%, which shoppers perceive as a huge benefit given that a huge variety of goods and services that is there for the taking. Goods sold by the website are given as vouchers, which a consumer can redeem at local merchants for the physical good or service. Such portals or companies earn revenues from the price paid by the customer for the voucher or the coupon. They realize profits after paying an agreed-upon percentage of the purchase price to the featured business.

Here’s a look at some amazing statistics for online shopping deals: In 2010, there were approximately 63,000 separate deal-of-the-day offers in the US, with estimated consumer savings of approximately $1.26 billion. For 2011, savings traceable to deal-of-the-day offers may reach $3.0 billion. (Source: www.pwc.com/us/retailandconsumer)

In early 2011, data shows that the most popular deal coupons were related to food and drink offers, followed by beauty, spa and massage offers, and sports and recreation offers. (Source: "The Daily Deal Phenomenon: A Year in Review, March 2011" – Local Offer Network). Shocking but true are the market research pointers: US consumer spending on deal coupons is forecasted to increase from $873 million in 2010 to $3.9 billion by 2015. (Source: BIA/Kelsey 2011).

Customer is king

Shoppers are shopping like never before, thanks to the great deals offered by online shopping companies and portals. E-shopping has become the order of the day with huge discounts and bundled offerings enticing the consumer. Popular deal coupon portals such as Snapdeal.com offer everything on discounts from food and drinks, consumer products, clothes, accessories, sports, home needs, and snazzy lifestyle equipment as well. The consumer is spoilt for choice and more often gets the better of the deal in terms of quality of goods on offer, all at the convenience of seeing and choosing the products of their choice online at the comfort of his/her home without any time constraints. Moreover, the consumer enjoys the luxury of getting the goods/services delivered to his/her residence without having to pay extra. Indeed, shopping has come of age.

What’s more, e-tailing is set to take off like never before, thanks to the best online shopping deals offered by the huge number of shopping portals that have mushroomed in recent times. There’s something for everyone in online shopping deals – there are major brands, products, sizes, and ranges for one and all. Even the hardcore money pinchers find it hard to resist online deals for the simple reason that such deals are not offered at physical stores. While physical stores may offer Christmas sales or annual sales, online stores offer shopping deals throughout the year! 

With the advent of smartphones, consumers can now avail the best deals and discounts and carry out online shopping through their mobile phones. The rapidly growing popularity of m-commerce has indeed been a blessing to portals that offer online shopping deals. Shopping that was earlier concluded with a click of the mouse can now be conveniently done on the move through mobile phones without location constraints. Cashing on the trend of the growing popularity of smartphones, companies that offer online shopping deals are looking at high volumes of product sales through this mode of shopping.

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