In the digital era, online shopping has revolutionized the way we buy goods and services. With just a few clicks, we can explore an endless array of products from the comfort of our homes and have them delivered right to our doorsteps. However, as convenient as online shopping may be, it’s easy to get carried away and overspend. The good news is that there are plenty of strategies and techniques to help you save money while enjoying the convenience of online shopping.
We’ve rounded up five effective ways to cut costs and maximize savings when shopping online. From leveraging coupon codes and comparison shopping to capitalizing on cashback programs and timing your purchases strategically, these tips will empower you to make the most of your online shopping experience while keeping your wallet happy.
1. Unleash the Power of Coupon Codes
One of the most straightforward ways to save money when shopping online is by taking advantage of coupon codes. These magical combinations of letters and numbers can unlock exclusive discounts, free shipping, or other enticing offers. One easy way to find coupon codes is to keep a close eye on your favourite influencers on Instagram, TikTok or YouTube – You would be surprised at how many have personalised codes for their followers!
Another way to easily find coupon codes is by downloading browser extensions such as Honey. Sign up for free and when shopping online the extension will find working codes and automatically apply the best ones to your cart. Sign up here.
2. Embrace the Art of Comparison Shopping
One of the many perks of online shopping is that it grants us the ability to explore various retailers and compare prices effortlessly. By practising the art of comparison shopping, you can discover the best deals, discounts, and promotions available across different platforms.
Whether you are using a specific comparison website, or simply taking the extra five minutes to Google cheaper alternatives, comparison shopping is a great way to save some extra cash.
3. Harness the Power of Cashback Programs
Did you know that you can actually earn money while shopping online? Cashback programs allow you to get a percentage of your purchase amount back as a cash rebate. You literally make money when you spend money.
We recommend ShopBack Australia’s #1 Cashback & rewards app which is free to sign up to! You can earn up to 30% Cashback on your online shopping and holiday bookings from top brands like THE ICONIC, Myer, Nike, Expedia, Booking.com and 2500+ more stores.
Sign up to start earning Cashback today.
4. Time Your Purchases Strategically
Timing is everything when it comes to online shopping. By understanding seasonal sales, holiday promotions, and special events, you can score incredible deals and discounts. To take advantage of the best offers available, keep these dates in mind:
- Amazon Prime Day | July
- Click Frenzy | November
- AfterPay Day | 16-19 March, TBC August
- Vogue Online Shopping Night | September
- Black Friday | 26th November
- Cyber Monday | 28th November
- Boxing Day | 26 December
5. Stay Alert for Exclusive Offers and Loyalty Programs
Many online retailers reward their loyal customers with exclusive offers, discounts, and loyalty programs. Stay informed about perks, sign up for newsletters, and leverage customer loyalty to unlock extra savings and benefits. Some of our favourite loyalty programs include:
- Sephora Beauty Pass | Sign Up Here
- MYER One | Sign Up Here
- David Jones Rewards | Sign Up Here
- CottonOn & Co. Perks | Sign Up Here
- Country Road Rewards Program | Sign Up Here