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…All The Bargains Come After Christmas

December 26th, 2007 Posted in Business

Beach Santa1. On the approach to the holidays, retailers usually buy mass quantities of loss leading products to get people into their stores. With the big shopping season behind us, there are usually a lot of cheap DVD players, budget home theatre systems or discount small home appliances that are clogging floor and warehouse space. The quality or brand may not be the best available, but you can guarantee that they’ll be heavily discounted. Unfortunately, that also means they disappear quickly.

2. Think of how many people get gifts that they don’t really want. Now think of how many of those people exchange them for something that they would rather have. All of those gently-used presents create a glut that retailers need to unload, usually at a pretty decent discount.

3. As the New Year approaches, retailers are already preparing for next year’s model of products. Leftover and excess inventory, especially on products that change frequently or go through regular upgrade cycles, often get discounted to make room for new models. The “new” models often offer few improvements over the previous versions, so there is often little point in getting the “latest and greatest.”

4. January is a notoriously slow time of the year for sales. While many people will be cashing in gift cards received over the holiday, retailers are always finding ways to get shoppers into their stores. Hunt around and you can always find some January bargains.

5. What retailer wants to keep seasonal items around? This is a great time to look for heavily discounts items that can be used for next year. Don’t let Christmas 2008 sneak up on you. Buy now and relax for the next 11 months knowing that you’ve beaten the crowds and gotten it all at next for nothing!

For tips on how to approach the after-Christmas shopping bonanza, check out The Budget Fashionista.

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