10 Cyber Monday Sales That Are a Waste of Money
There’s plenty of buzz about this online shopping day, this year on November 26. But, what’s really worth clicking “buy” for? Here are the so-called “deals” you’re better off not adding to your cart.
Prices on electronics are often better during the week leading up to Black Friday and the day itself rather than on Cyber Monday, says Lindsay Sakraida, director of content at DealNews.com. “While it can be a good opportunity to grab an item that you might have missed, the tech prices just won’t be as good on Cyber Monday. That includes phones, tablets, headphones, and even video games,” she says. “The one exception to the rule is TVs. Deals on high-end 2018 models are typically really great on Cyber Monday,” says Sakraida. For example, Best Buy will have the Samsung 65″ UHD TV on sale for $599.99 from November 22 to 24. Its Cyber Monday deals are sure to be equally impressive. Find out the 15 Black Friday deals at Best Buy you can’t afford to miss.
What to buy instead: Samsung 65″ UHD TV
“Diamonds and gold have values assigned to them based on the markets. That means if you purchase a diamond or engagement ring at 50 percent off retail during a Cyber Monday sale, then the piece or the diamond was either marked up extravagantly to begin with, or it’s a garbage stone or ring and someone is desperately trying to get rid of it,” says Dan Moran, a diamond expert and private jeweler with Concierge Diamonds.
Perfume and cosmetics, on the other hand, can be a great buy on Cyber Monday. One deal to watch out for: on November 26, spend $100+ and get a free $20 gift card or spend $250+ and get a free $50 gift card online only at Blue Mercury. Plus all orders get free overnight shipping.
While you’re under pressure to snatch up hot toys like Fingerlings Untamed Dinosaur Raptors, a Hairdorables, or a Scruff-a-Luvs Rescue Pet, December 16th is the best day for low prices on toys, shares Janet Alvarez, a personal finance strategist with Wisebread. Liam Solomon, head of marketing at LovetheSales.com, a shopping aggregator, agrees that it’s better to wait, saying that toy prices drop dramatically the week before Christmas. That said, if your child really has his or her heart set on a particular popular toy, you’re better off buying it now, before it sells out. You’ll find Hatchimals Surprise on sale at Target for $34.99, a savings of $35, November 23 to 25.
What to buy instead: Hatchimals Surprise
If you can wait a few weeks to buy a new coat, these are traditionally marked down even further immediately after Christmas on December 26. What to buy instead? Sweaters and all manner of clothing. Brands from Boden to Splendid to Gap and everything in between traditionally offers promo codes of 30 to 50 percent off and free shipping, reports BlackFriday.com. Macy’s is offering this Tommy Hilfiger layered look sweater for 30 percent off November 21 to 24 and is sure to have even more deals on clothing on Cyber Monday.
What to buy instead: Tommy Hilfiger sweater
While you may be worried that the selection of laptops will be limited come December, holding off can pay off big time. Mark your calendar for December 15—and the lowest prices of the year, Alvarez says. Don’t wait any longer, though as computers are among the 16 things that are about to get a lot more expensive.
You can pick up cool tech accessories on Cyber Monday, like these Jaybird – X3 Sport Wireless In-Ear Headphones, which will be on sale for $59.99, a savings of 129.99, at Best Buy. These are the 40 coolest tech gifts you’ll want to keep for yourself.
What to buy instead: Jaybird – X3 Sport Wireless In-Ear Headphones
If Gucci, Prada, Versace, and other designer goodies are on your list, it’s best to buy them before Cyber Monday. Luxury items go off sale days before Black Friday, according to Solomon.
Instead of splurging on a high-end handbag, pick up one from a lower line and you’ll save big. A favorite pick is this Kipling large shopping tote that will be 50 percent off at Macy’s from November 21 to 24.
What to buy instead: Kipling Large Shopper Tote
Hankering for a new sofa? While furniture retailers may have Cyber Monday sales, you can get great—and often bettter—savings on furniture throughout the year, during holiday weekend sales (President’s Day, Memorial Day, etc.), says Kendrick Shope, an international sales expert. That said, if you need new furniture, like, yesterday, there are deals to be had, including this Monroe Upholstered bed frame that will be marked down to $279 at Macy’s from November 21 to 24.
What to buy instead: Monroe Upholstered Bed Frame
Wait on buying those new bed sheets and towels. “Since the late 1800s, January has been the month of ‘white sales,’, when all manner of linens go on sale,” says Trae Bodge, shopping expert for TrueTrae.com. “Many stores, like West Elm, Pottery Barn Kids, and JCPenney, slash prices on sheets and bedding to make way for new spring merchandise.”
What can you score a good deal on now is mattresses. From now thru Cyber Monday, Nest Bedding is offering $150 to $200 off select mattresses and a free sheet set or, on Cyber Monday only, the entire site is 15 percent off.
What to buy instead: Nest Bedding Mattress
Fitness and wellness
“Gym memberships, workout DVDs, and fitness equipment are all more favorably priced in January,” says Bodge. “Last January, we saw deals from sports retailers like Dick’s, 24-Hour Fitness and Footlocker,” says Bodge. Instead, splurge on an online hotel deal. Knowing that you’ll be hitting the beach in a few months can be all the inspiration you need to tone up.
“While jewelry can make the perfect holiday gift, we don’t often see deep discounts in this category right before Valentine’s Day,” says Bodge. You might, however, find bargains on watches. For example, this Fossil Gen 3 Smartwatch is 40 percent off at Target. You won’t want to miss these 60 best Amazon Prime gifts for everyone on your list.
What to buy instead: Fossil Gen 3 Smartwatch
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