REFINANCE: The Best Discount Shopping Days of the Year

Monday, February 1, 2016

The Best Discount Shopping Days of the Year

One of the best ways you can save money throughout the years is to shop on discount days. Those are days when retailers mark down prices on their regularly priced products. If you make it a habit to do a significant amount of your shopping on discount days, you can save a small fortune during your life.

Here are the best discount shopping days of the year.

Amazon Prime Day

E-commerce giant Amazon held an Amazon Prime Day last summer, and many consumers are hoping that the company will repeat the discount day again this year.

In a nutshell, Amazon Prime Day is a giant sale across all Amazon departments. As the name implies, though, it’s only available to Amazon Prime members. If you’re not yet sold on Amazon Prime, you can get a free trial of the service to see if it will help you save money over the long run.

Expect another Amazon Prime Day some time this July. However, the exact date of the next Prime Day is unclear.

Singles Day

Singles Day (November 11) is a discount day created by the Chinese company Alibaba. It’s literally the biggest shopping day in the world (the population of China is a contributing factor to giving it that title).

In 2015, it’s estimated that the total value of discounted coupons on Singles Day amounted to about $700 million in savings. More than 20,000 retailers took part in the promotion.

It can be argued that Singles Day, instead of Black Friday, now marks the start of holiday shopping.

Small Business Saturday

You’ve heard of Black Friday, but what about Small Business Saturday? That’s the Saturday after Thanksgiving.

The point of Small Business Saturday is to “shop small.” That is, consumers should shop at small businesses as opposed to stores owned by large, multi-national corporations. To bring in customers, mom-and-pop shops will often discount their merchandise on Small Business Saturday.

Save yourself a few bucks by shopping for Christmas presents this year at small businesses on the Saturday after Thanksgiving.

Cyber Monday

By now, almost the whole world has heard of Cyber Monday. It’s the Monday that follows Thanksgiving and it’s predominantly a giant, online sale held by virtually every e-commerce site in existence.

Some companies now extend the Cyber Monday concept throughout the entire week, unimaginatively naming the week “Cyber Week.”

Shop at your favorite e-commerce sites during Cyber Week. You’ll find some great discounts and an opportunity to stock up on items you really like. Put the Cyber Week sales together with a gift card discount and you could save a lot of money.

Green Monday

Green Monday is the second Monday in December. It was invented by eBay back in 2007 and has nothing to do with the environment. It’s all about saving greenbacks.

It’s not just eBay that participates in Green Monday, though. You’ll find that other online e-tailers, such as Amazon, Macy’s, and Walmart are also part of the promotion.

It’s good to know ahead of time when e-commerce sites and retailers will be discounting their products. Mark the dates mentioned here on your calendars and you stand to save money.

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