The best ways to save on big purchases this shopping sale

The festive season is finally here, and it brings with it much-awaited shopping sales. With the global pandemic, there has certainly been a slump in the economy as people have put off making big purchases. But as the economy restarts again, e-commerce giants like Flipkart and Amazon have geared up for major shopping sales. Let’s see how we can save big on these sales.

#1 Look out for coupon codes

One of the most significant discounts one can get is through coupon codes. While some coupon codes are already listed on the checkout page of a website, others may be obtained through awards, promotional offers, etc. It is important to consider that oftentimes, it is only possible to apply one coupon code to the transaction. Also, some coupon codes might offer a high discount rate but only up to a certain limit, while others may offer a lower discount rate with a higher limit and a minimum purchase value. 

Big purchases often clear the minimum purchase value cut off, which means that there is a wider choice of available coupon codes. Therefore, for significant savings, you must strategically choose the most appropriate code.

#2 Benefit from your reward points

Many stores and e-commerce websites (and even your payment methods) have a system of reward points. If you are a returning customer, you may have some reward points accumulated in your account that you can redeem at the time of purchase. 

An interesting example is Flipkart, which offers Flipkart Supercoins on every purchase and these can later be used to buy select products or to avail a Flipkart Plus membership. 

#3 Which payment method is the best?

Some stores or websites may offer special discounts on certain credit cards or debit cards, such as 10 percent off on an ICICI Bank card or an HDFC Bankcard. This could vary for different shopping sales and websites. Others may offer discounts if payments are made through online wallets, such as Paytm or PhonePe. 

Whether it’s credit cards, mobile wallets, or UPI transactions, selecting an appropriate payment method can offer better savings.

Perhaps the best payment method is the Salary Card from Fibe. A crucial component of the recently launched Fibe Credit Suite – it allows you to convert your purchases into no-cost EMIs at the click of a button.

#4 Price Comparisons: Is your wishlist really on a discount?

A lot of discounts depend on shopping from the right place and on the right day. Prices can fluctuate on a daily basis and across platforms. A good way to keep track of these can be by setting up price alerts. 

For comparing prices across e-commerce websites, you can also use price comparison apps and websites that track price changes of an item and allows you to see if you’re indeed getting a good deal or not.

#5 Consider EMIs or instant credit

Oftentimes, an EMI option can prove to be a better deal. A scenario where a massive price drop occurs during a sale sometimes cannot be missed and for this, considering instant credit options or EMI could pay off. Fibe offers low cost and flexible EMIs for shopping at Amazon and Flipkart.

What are you buying?

Making any large purchase is hardly ever an instantaneous decision. It involves weeks or even months of thought and planning. It is always important to research the product, compare its features with other versions, and get a reasonable idea about its price. But with such extravagant shopping sales, coupled with class-leading credit solutions from EarlySalary, you’d be the odd one out if you’re not out grabbing those deals.

That doesn’t mean you shouldn’t take into account the multiple factors that go into getting the best deal, such as choosing the perfect product, considering the shipping costs, warranty period, accessories offered, and installation charges wherever applicable. Interacting with friends, checking online shopping communities, and maintaining a general awareness about discounts and cashback offers can be of great help for getting the best offers during this shopping season.

Feel free to get in touch with us for any questions on credit, loans, and your instant cash needs!

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