You are here: Home - Credit Cards & Loans -

Five insider tips to help consumers bag the best daily deals

0
Written by:
29/05/2013
Find out how to make the most of the influx of online deals.

As the stigma surrounding vouchers fast becomes a distant memory, the demand from consumers for money-saving deals and offers rages on, with more and more online companies being set up to meet demand.

But all of these deals can be daunting. Ever wondered just how you’re supposed to be able to shift through the hundreds of daily deals online to find one that suits you?

Steffen W. Frølund, CEO of online deals aggregator Bownty.com, says: “Consumers are becoming savvy savers, but some people can get carried away by the huge discounts sometimes available. Around a fifth of daily deals are never used, often because people fail to read the small print and can’t redeem the offers in time.”

We asked the experts just how to make the most of all those deals out there:

1. Check the deal price is the best price

A quick Google search should confirm whether you can get a better deal elsewhere – it does sometimes happen! It’s always worth checking the supplier’s website too, as they can sometimes save the best offers for direct customers. The same goes for ‘before’ prices – make sure the saving you’re being quoted is accurate.

2. Check the small print

Most of the best deals are valid for a limited time, or on specific days. Some may only be valid for certain times, on certain days – make sure you check before you buy. There’s no point booking a deal for a weekday haircut, if you work Monday-Friday. Some deals expire sooner than you think, so always check the ‘use by’ date.

3. Is the deal being oversold?

Check how many deals have been bought – most deal sites show this figure clearly on the deal page. In the past there have been stories about merchants who couldn’t fulfil orders. In reality however, if you buy a very popular deal you will need to arm yourself with extra patience, as booking a timeslot might be more difficult.

4. Read the reviews

It’s worth checking out what others have to say; a quick scan of Yelp or Tripadvisor will give you a good idea of whether other consumers have had good or bad experiences. You can use your own judgement too – look at the company website, is it professional? Do they have a real address and phone number?

5. Get your money back

If you change your mind, most deal providers have a seven-day cooling off period, during which time you can get a full refund. After the seven days, some deal providers will give you a gift certificate to spend on a new deal – as long as the deal you bought hasn’t expired.

Tag Box

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

ISAs: your back-to-basics guide for 2018/19

Here’s everything you need to know to make the most of your unused ISA allowance ahead of the 5 April deadli...

A guide to Sharia savings accounts

A number of Sharia savings products have upped their game in recent months, beating more familiar competitors ...

Five ways to get on the property ladder without the Bank of Mum and Dad

A report suggests the Bank of Mum and Dad is running low on funds. Fortunately, there are other options for st...

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Money Tips of the Week

Read previous post:
Great rotation at last? Equity funds top bestseller list in April

Equity funds regained their position as best-sellers in the UK market in April, according to the latest figures from the...

Close