A study found that overall, the best deals happen year round – not specifically on Black Friday.
Still, if you do your research ahead of time, big deals can be easily found! There are several websites that accumulate all Black Friday offers so you can easily research and make a plan to save. Fatwallet.com and Blackfriday.com are a couple of examples. Some websites even allow you to set alerts for the specific products you are looking for.
So before running out Thursday evening or Friday morning and assuming all prices are the best and lowest, make sure to:
- Plan your purchases (make a list of specific items you need to buy)
- Research for deals for these items
- Plan your shopping strategy – figure out, based on store opening times and the value of the deal (how good is it?) which store to go first, second, etc.
- Have a list prepared for each store
Need to be in two places at once? Try to find a shopping buddy – someone who may have similar needs – and divide the list. If you both need something from Best Buy and Wal-Mart, and both stores open at the same time – you can go to Best Buy and your shopping buddy can go to Wal-Mart. (Remember to check the maximum allowed purchase information: sometimes Black Friday sales have limits on how many of a given item one person can purchase.)
Do you research before going shopping on Black Friday? What else do you do to maximize this shopping holiday?