save money electronics

How to Save Money on Electronic Products

Although the economic recession has caused a lot of financial pain for many, one good thing that’s come out of the recession is the ability for the average shopper to get a great deal on big ticket discretionary items! As electronic technology has continued to advance, the appetite of consumers has also continued to grow. So how can you the consumer secure yourself a great deal on the most popular electronic products? Here are a few tips.

Haggle, Haggle, Haggle

As we’ve just mentioned the recent recession has really put the consumer in the driving seat. If you’re buying an electronic item in store, don’t under estimate your ability to haggle. Even if an item has already been discounted there may still be room for manoeuvre on price, especially in smaller stores where decisions on discounts are often able to be taken in store.

Look for online discounts

Have you noticed that the high street is looking a little bare recently? One of the main reasons for this is the growth of online shopping. Online retailers are often able to offer electronic products at a much cheaper price than many of the well-known high street retail stores due to their lower overheads. Another great thing about shopping for electronic products online is that you can quickly and easily research the specifications of the product you want to buy.

Consider Ex Display or Refurbished

Many stores will offer discounts on products that have been used as display items in their stores or ones that have been returned due to a fault and have been subsequently repaired. When buying an Ex-display or refurbished item though it’s important to check that the warranty you’re being offered with the item is satisfactory as standard warranties often don’t apply.

Take Advantage of New Models

If you’re not too fussed about having the latest model of every electronic product then you might well be able to pick up a great bargain. When new models of televisions, computer projectors, tablets, mobile phones etc. are launched you’ll usually find that retailers will be happy to sell off the soon to be out of date model at a much discounted price. This should allow you to use your haggling skills to the full and grab yourself a great deal.

Buying Cheaper Brands

When it comes to electronic products the old saying ‘You get what you pay for’ is very true. In recent years though some of the brands considered to be budget brands have made great progress in improving the quality of their offerings. If you’re willing to do a little online research you may just find a diamond in the rough out of these cheaper offerings saving yourself a good deal of money in the process.

So whether you’re looking for televisions, computer projectors, iPads, Hi-Fis or consoles, in the current economic climate there has never been a better time to find a great deal. If you’re willing to haggle or even consider lowering your expectations then big discounts could well be there for the taking.

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7 Responses to How to Save Money on Electronic Products

  1. Jose says:

    I like haggling. I will always try to talk the price down when buying any large ticket item (this doesn’t work at Wal-Mart though). You would be surprised at how many stores (even big box) have the capability to wiggle on their price. This is especially true of stores where employees are commissioned. (Sears for example).
    Jose recently posted..Become eco-friendly to enjoy a better and debt free lifeMy Profile

  2. We (and by saying that I mean I ;) ) like to haggle. It can tend to drive my wife a little batty, but as long as you’re respectful there’s no harm in doing it. Usually I can get some sort of discount thrown in, even if it’s free delivery or something like that.
    John S @ Frugal Rules recently posted..Do Businesses Care About Their Employees Anymore?My Profile

  3. I love to haggle, my wife sometimes get embarrassed by it, but we always end up saving a bit of money or getting something thrown in for free.
    Glen @ Monster Piggy Bank recently posted..How to Consolidate DebtMy Profile

  4. Electronics are the easiest product line to get a better deal. They usually have the fastest new generation products to come to market, so you can really score some great deals when the new products come out.
    Grayson @ Debt RoundUp recently posted..Big Change Happening TodayMy Profile

  5. Depending on what I am buying I may buy a cheaper model but I will haggle if the opportunity presents itself. There are all sorts of ways to save money on electronic products these days with price matching and negotiations because of the saturation in the market of shops that sell. Great tips.
    Canadian Budget Binder recently posted..Family Finances: Somebody Is Watching YouMy Profile

  6. Kirill says:

    “Buying Cheaper Brands” – definitely the best suggestion for buying cheaper tech stuff. I usually consider Sony smartphones just because they are twice cheaper than iPhones lol.

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