The Top 7 Discounts for Consumers
Everyone likes a good deal for their money. Take a look at Black Friday and Cyber Monday. On these days, almost all stores are packed with people looking for the best discounts and deals. In fact, Black Friday is a nationwide sale of all sales.
In addition, discounts can be found in more than just retail outlet stores. For instance, your local plumber or electrician may have a discount price at certain times of the year. Some companies even offer their employees a discount on particular items and products.
Today, you will find numerous companies that give employee discounts for work appreciation and incentives.
Other companies also have employee discounts and free gifts for incentives. For example, some cable companies give a wide range of benefit gifts for taking a lot of calls, for the most bundle sales, etc. Prizes and discounts can be cash, coupons for shopping at Sam’s Club, a Starbucks gift card, and more.
Bundle discounts are often found with cable and electric companies. For instance, a cable company might offer a huge discount if you bundle-up with all services like internet, phone, and cable. The discount price is typically good for a year. Once the promotion is over, the normal price of each service is applied. Another great example of bundled savings is certain electric company’s like AT &T.
Discounts for Repairs and Upgrades
If you are a homeowner, then you know the cost of upgrading your home can be expensive. However, one of the most cost effective ways to save money on repairs or upgrades is to wait for discounts. Generally, all handymen will have a discount once or twice a year, including your plumber, electrician, roofer, painter and sometimes a gardener. You can also estimate the cost of a project to save even more money. In truth, professionals agree that cost estimation is a crucial step to project management
Retail stores sell products that are typically lower priced when compared to other shops. However, many still offer discounts and coupons. Today, most retail stores offer a discount at least once a month if not once a week. Discounts include local shops and also online stores. In addition, many retail stores offer a senior discount to people who are older. However, the definition of senior can vary from 50 years old to 65.
- Free shipping
- Price-break discounts – after buying 10, the 11th one is free
- Order-specific discounts – a special sale on certain inventory items
- Trade-in credit – often used at consignment shops or for returned items
- Promotional discounts – a promotional offer to try new products with cash rebates or a percent of reduced price
Markets and grocery stores are notorious for discounts and coupons. In fact, many people will often collect coupons and also compare prices with each market in their neighborhood. Some of the more popular discounts include:
- Seasonal discounts
- Buy one get one free
- Buy large quantities like a case and receive a discount
- Promotional discounts – often found on sample tables with discounted prices
Early Payment Discount
Early payment discounts typically have the best savings. They are generally used for large purchases such as a vehicle or piece of property. Customers take a small percentage off the total cost if they pay the remaining balance within a certain number of days. As well, these discounts have a tendency for high effective interest rates. The discounts are generally excellent if the customer has the cash available to take advantage of the savings.
Even the New York Times publishes