Who wouldn’t want that new gadget, that new watch, those new clothes being advertised on TV? We all would, but hold on before you buy it. Some things are to be checked before taking that six months’ EMI to pay for it. Follow these 10 tips before you make that purchase –
- Look for alternatives
In this new age of Kickstarters and Ebays, it’s not hard to find an alternative of the thing you want to buy. Just make a Google search of the generic name of the thing that you want. By generic name, we mean something like “mobile”. There would be alternatives to the type of mobile you want, sold by other brands.
- Compare with alternatives
Assuming you did find an alternative (which is more than likely), compare the features of what you had in mind with what the alternatives have to offer. Doing this will help you understand how much you can save or what you might get in the same price.
- Check user reviews
Search Amazon, Flipkart, Ebay for reviews of the people who have already bought it. There might be horror stories that would save and there might be happy stories that help you make the final decision.
- Take demos/trials
If the thing you are going to buy has a demo, just go for it, take the demo! That will help you understand the product and help you understand its use.
- Check for coupons/discounts
Sites like ours constantly share latest coupons which you can use to save money on your purchases. We do all the hard work to make your lives easier. Check those, you might even find a 50% off coupon on the thing you want! A new trend is receiving a coupon when you share the details of a thing/product on your social media page.
- Exchange offers
When the thing you want has a shelf life and recyclable value, you may get an exchange offer if you search the Internet or even your local store. The Mobile Store often has exchange offers on mobiles. A global company called WeBuy (CeX) does this as it’s business.
- Ask a friend
There are some chances that your friend has the thing you want. This is mostly true of the thing you want is costly, like a Playstation, and you have been saving for it. Your friend is reliable to give you a good deal on his/her second hand sale to you or a VERY flexible payment scheme.
- Look for seasonal discounts
It is often true that on big festivals, seasons, there are huge discounts on products. If you can wait, wait a bit and the price will drop. This also depends on where you live, for example the biggest discounts in India are around Diwali time, but in the USA it’s during Christmas time.
- Know the make
This is often true for vehicles and computers, that to clear out an old stock for the new model, prices are dropped in view that the newer version will sell more. If there isn’t much of a difference between the 2, take the old one! This is even true for softwares.
- Maintenance and support
Last but not the least, make sure there are support centret for the thing you are going to buy, in your country. Or else you have to run helter-skelter for fixing the thing, if it goes awry. This is wherein a big brand matters, which generally have support centres all over the globe.