To have a nose for a bargain,
You must first find where you can
Find sellers who are motivated
Or merchandise that's outdated
Along with a smart spending plan.
The importance of timing
Whether it's a diamond,
a rare painting or a prime piece of real estate - or anything in
between. You can purchase almost anything at a bargain if you shop for
it at the right time.
Yes, timing is everything especially when you're looking for bargains.
This is the number one
rule of savvy bargain hunters. Never shop for bargains in season. If
you do, never shop for items that everyone's shopping for and buying at
retail.
Shop for items when others aren't. For example, sweaters in the spring or sandals in the fall.
If you want a car shop
for last years model at the beginning of the new car season in
September. This is the time they're open to giving better deals.
Why? Because they have to make room for the new models.
I. Ebay
Learn how to shop eBay. Bargains fill this site if you know what, how, where to look.
If you know what you're looking for,
where to look, how to search and how to bid, you can save thousands of
dollars by looking for it on eBay.
You can't call yourself a bargain shopper unless you have an eBay account and use it to compare prices.
II. Look for desperate people you can help
Where there are desperate people there are usually bargains.
People who have to sell or motivated sellers as we call them give the best bargains.
So look for a way to help them, not take advantage of their situation. With this attitude you'll both win.
They'll get what they need which is
usually cash. In addition, you'll receive a good deal and the joy of
knowing you helped someone who needed what you had.
III. End of season sales
This is the best time
to hunt for bargains. At the end of winter look for coats, boots,
jackets, rain gear, wool scarves, and other winter gear.
At the end of summer
look for swimwear, sandals, lawn equipment, lawn furniture, barbecues
and equipment, and other summer accessories.
Seasoned bargain
hunters always think on the opposite end of the crowd. If you think
like the crowd, you'll seldom save the real money.
IV. End of holiday sales
Another tip to sniffing out bargains is to look for the end of holiday sales.
Yes, after everyone has
torn through stores during the holidays, the bargain sniffers find the
real bargains after everyone has paid the so-called holiday prices.
V. End of month sales
This is the time most retailers want to clear their stock to make way for the new stock of items that's coming in.
Retailers especially
want to get rid of the items that's been sitting on the shelves since
the beginning of last month (slow sellers).
In addition, this is the time they have to take a hard look at their profits or non-profits for the month.
This is also the time many of their bills become due and they're more open to giving bargains.
VI. Garage sales
Despite the high tech methods many
people use to find bargains such as the Internet, eBay and other online
auctions. The old fashion garage sale is still at the top of the list
when it comes to finding bargains.
There's nothing like the personal contact of buyer and seller bargaining over items face-to-face.
It's almost therapeutic; something that happens between buyer and seller no computer can match.
Look through your
local newspaper and find the garage sale near you this weekend. You'll
surprise yourself at the bargains you may find and the new friends you
could possibly meet.
Yes developing a good
nose for bargains is knowing where to look and your timing. If you can
remember these tips you'll have what it takes to save the real money.