Alpha Consumer

Your Guide to Cyber Monday Deals

By Kimberly Palmer

Posted: December 1, 2008

Jason Zucchetto shops online during a Cyber Monday Shop @Lunch event 26 November, 2007 at the ESPN Zone in Washington, DC. The event is sponsored by the National Retail Federation.

Jason Zucchetto shops online during Cyber Monday.

Retailers are battling the dismal economy with wicked Cyber Monday sales. So if you sat out Black Friday—or even if you didn't—here's your guide to today's best deals:

Focus on the high end. Nordstrom now offers free shipping on orders over $100 instead of $200, and Saks Fifth Avenue has been offering up to 40 percent off on items. So don't necessarily count out stores that are usually beyond your price range.

Look for online exclusives. Select items at BestBuy.com and Walmart.com will be marked down more online than they are in the stores.

Always look for free shipping. More retailers are throwing free shipping into the mix, and shoppers should take extra steps to make sure they don't miss out on this perk, which can be worth over $20 on large orders. Before clicking "complete," type the retailer's name and the phrase "free shipping" into a Web search. Much of the time, the results will direct you to a coupon code providing free shipping.

Make the Web work for you. CyberMonday.com lists the latest deals, including free shipping at Nike, overstock.com, and Zappos. It also provides coupon codes. At RetailMeNot.com, shoppers can search for coupon codes and discounts at thousands of stores. Many of these tips are provided by fellow users. If you're willing to delay gratification for a bit, sign up to be notified when your favorite brands go on sale at ShopItToMe.com. You can specify your size and the type of clothes you tend to buy (dresses, exercise clothes, or accessories, for example) and then you'll get an E-mail when you can buy them at a discount. If you already have your eye on a product, use Pricegrabber.com to make sure you're buying it from the cheapest store. Whether you're looking for electronics, flowers, or clothes, you can find the store with the lowest price by checking this site first.

Don't forget stocking stuffers. CVS's website features a holiday center with gift suggestions and online-only deals that are available through December 6. ExtraCare cardholders can also earn extra rewards dollars when they buy online. Razors and gift sets--perfect for mom's and dad's stockings--are among the items marked down.

Be smart about your identity. In general, online shopping is as safe—or safer—than in-person shopping, especially if you stick to name-brand stores. But to go the extra mile, always make sure that the Web page asking for credit- card information begins with "https" instead of "http," and E-mail the company with questions if you're unsure. Most credit cards offer additional safety measures, such as 100 percent fraud protection. Just make sure to check your monthly statement when you get the bill and report any suspicious activity immediately.

Know when it's time to step away from the computer. Cyber Monday can wreak havoc on budgets, especially for anyone with a tendency toward shopping addiction, which afflicts about 5 percent of the population. To limit the damage, set yourself a dollar limit in advance, and share it with a friend who can help you stick to it.

Practice "price matching." Brad Wilson, editor of BradsDeals.com, says that retailers are so hungry for sales that they are more likely to match competitors's prices. That means you can hop onto a variety of websites, find the best deal, and then ask your favorite store—perhaps the place where you're also making other purchases—to match it.

Don't buy everything today. According to Dan de Grandpre, chief executive of Dealnews.com, many discounts will continue, and in some cases even get steeper, as December progresses. So, save some items on your list for later.

ZingSale - Get Notified When Products You Want Go On Sale

This web site will help you get the best prices on all of your purchases on cyber monday (and after!)

http://www.zingsale.com

It's a free service that tracks prices of products from online stores (like amazon) and sends you an email when the price drops. You can set a target price or be notified when it falls by a certain percentage. Might be a nice way to make sure you're getting the best deals this holiday season.

chris of CA @ Dec 01, 2008 15:10:34 PM

junk

Well someone woke up on the wrong side of the rock this morning..stop being so negative

mike of MA @ Dec 01, 2008 11:00:45 AM

It's All Junk Anyway!!!

The electronic gadget phenom as well as advertising in general have reached the point of diminishing returns thus far so that all retailers will be negatively impacted. Whenever economic times become less than optimal manufacturers and retailers should focus upon product quality instead of selling a quantity of cheap goods. Tough times create a new consumer looking for quality and value versus cheap tricks of the trade. Advertisers should create succinct advertising focusing on the product quality and the value thereof. The New Pampers TV commercial is a prime example as it merely shows sleeping babies with a quiet song playng in the background, no frills, loud music, noise or gimmicks. The American consumer is forced by economic uncertainty to be choosy this season thus bombarding the airwaves with repetitive advertising of the same tired products have become a turn-off resulting in negative consumer sentiment. Some comercials are repeated many times during the same TV show reulting in resentment for the interuptions. As a lady remarked to me lately while waiting in line she was tired of being treated like cattle thus was looking for a few high quality items because it's all junk anyway!!! Nuff said...

Ray Fisher of NM @ Dec 01, 2008 09:14:04 AM

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Alpha Consumer

Alpha Consumer

Kimberly Palmer, senior editor for U.S. News & World Report, writes about how to save money, avoid scams, manage debt, and be a savvy shopper. Send your personal finance questions to her for expert money advice.


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