1.Research sales
When heading for a black Friday shopping spree, you must do adequate homework on what products are being put on offer, how much they cost and what stores are offering those deals.
It is also important to check out the deals being offered by individual stores and for how long, which will enable you to identify which is the most convenient and pocket-friendly store to go shopping at.
Most stores advertise their discounts weeks before black Friday on various platforms, especially through social and mass media, and you should, therefore, be on the look-out for these deals so that you can have your strategy put down for the big day.
- Plan early
After doing your research, the next step in the process is to plan early. The saying goes “the early bird catches the worm”, and so, be the early bird by making your moves early.
Stay vigilant for those early advertisements from stores, as this will help you strategize on what looks like a good offer from what store, and it will help you be in a good position, mostly physically, so that you can be one of the first shoppers into the stores when the deals come through.
- Create a shopping list
One mistake shoppers make when Black Friday Deals are on offer is splurging on many items they see on offer, which ends up being expensive and counterproductive since they don’t necessarily need those items and buying them without a plan will eventually lead them to buy things over budget.
To prevent this dilemma, it is smart to have a shopping list for your black Friday shopping, complete with the items placed on offer, so that you can budget for your and you can enjoy the benefit of having the black Friday discounts.
- Stay in charge of your finances
As much as you are likely to overspend during black Friday without a shopping list or an adequate budget, it is also dangerous to go shopping without double-checking on the status of your finances.
Many people may go shopping assuming they have adequate funds but end up embarrassing themselves when they do not have enough cash or enough money on their credit cards when they are paying for their loot.
To save yourself from a similar scenario, ensure that you carry adequate cash when you go out shopping. If you’re using a credit card, call your credit card company to ensure that your card is valid and to find out what limit is set so that you can determine how much shopping to do.
- Know store policies
Before you go out shopping, ensure that you know the store policies for whichever store you have decided to spend your money on Black Friday.
Familiarising yourself with these policies is important so that you know what to do in case you want to return or exchange some goods you will buy from the store. Knowing their return and exchange policies beforehand will help you decide whether it’s worthwhile to shop at that store or not.
