Ten tips for shoppers who plan to blow their money on Black Friday

Consumers are gearing up to splurge big on Black Friday deals at the end of November.

The international sales bonanza has gone from being just the one day of deals to a week of spending.

Some retailers have gone as far as extending deals for the whole month, such as Pick n Pays' Black November.

According to the website Black Friday Global, in 2018 South Africa had a 1,952% increase in sales compared to an ordinary day of consumers in the country.

The most popular items on Black Friday are electronics, home appliances, clothing, shoes and groceries.

Consumer journalist Wendy Knowler has shared some advice for shoppers who plan on participating in the Black Friday frenzy:

  • Check online reviews and make sure you are purchasing from reputable online retailers
  • Compare the standard prices of items you want to buy with the Black Friday deals to see if there are genuine savings
  • Read up on the return policies applicable to online and in-store sales
  • Check how long the delivery period is
  • Exercise some restraint and be mindful of excessive or impulsive spending
  • Credit cards are the best option when shopping online and are the only ones insured in case of online fraud

Often the discounts are overstated. The retailers will manipulate the prices in months leading up to Black Friday to artificially state the extent of that saving.

Wendy Knowler, Consumer journalist

Online payment service provider PayGate says many online merchants have put in extra measures to ensure they are prepared for increased web traffic during the frenzy.

PayGate chief sales officer Brendon Williamson says shoppers need to take precautions when transacting online.

He offers the following advice to online shoppers:

  • Use only one designated bank card for online shopping
  • Reduce the transaction limit on that card
  • Look for online stores that allow the secure storage of your bank card information
  • Find out which online stores allow consumers to fill their shopping carts prior to the midnight sale

When a good deal is presented to a consumer, they tend to grab that.

Brendon Williamson, Chief Sales Officer at PayGate

Listen to ConsumerTalk with Wendy Knowler:

Every Wednesday, on The Pippa Hudson Show, Wendy Knowler provides useful insights and tips on how to make the most of your buying power.

For more stories visit the ConsumerTalk feature page.

Got a consumer case you need help resolving?

Email: consumer@knowler.co.za, put Cape Talk in the subject line, followed by the issue e.g. cellphone contract dispute.


This article first appeared on CapeTalk : Ten tips for shoppers who plan to blow their money on Black Friday


Recommended

by NEWSROOM AI
Read More
I needed to explore my own individual voice and music, says Zolani

I needed to explore my own individual voice and music, says Zolani

Zolani Mahola, former lead singer of Freshlyground, chats about her new one-woman show “The One who Sings”.

How to prepare your pet to cope with stress of holiday season

How to prepare your pet to cope with stress of holiday season

Dr Aileen Pypers has tips and advice on helping animals through what is the most stressful part of the year for them.

Zapiro 'honoured and overwhelmed' to receive France's top cultural award

Zapiro 'honoured and overwhelmed' to receive France's top cultural award

Jonathan 'Zapiro' Shapiro joins Pippa Hudson on the Yellow Couch for an in-depth interview.

Meet the women who ensured that the Boks were in top form to bring home the cup

Meet the women who ensured that the Boks were in top form to bring home the cup

The all-female team of sports physiotherapists played a key role in the management team backing the Boks during the World Cup.

Wouter Kellerman on his music, Grammy win and viral Ndlovu Youth Choir collab

Wouter Kellerman on his music, Grammy win and viral Ndlovu Youth Choir collab

Grammy Award-winning SA flautist opens up about his musical journey and his life-changing collaboration with Ndlovu Youth Choir.

Everything you need to know about "fair wear and tear" on rented property

Everything you need to know about "fair wear and tear" on rented property

Property attorney Marlon Shevelew provides a comprehensive explanation of what constitutes “fair wear and tear” in lease agreements.

Popular articles
SAA doesn't have cash flow to pay unions what they want, says airline exec

SAA doesn't have cash flow to pay unions what they want, says airline exec

Thousands of SAA workers, including cabin crew, technical and ground staff, began striking on Friday to demand higher pay.

Karatbars – is it a scam? The case for and against…

Karatbars – is it a scam? The case for and against…

Bruce Whitfield interviews senior Karatbars representatives, a financial advisor and someone who was invited to its conference.

Can’t find your phone? Drop everything – thieves can get into your banking app!

Can’t find your phone? Drop everything – thieves can get into your banking app!

Did someone steal your phone? Contact your bank without hesitation warns consumer journalist Wendy Knowler.

'Unions are making a mistake. SAA is dying. It’s not Eskom – we don’t need it'

'Unions are making a mistake. SAA is dying. It’s not Eskom – we don’t need it'

SAA is on its knees, cap in hand, asking taxpayers for R2 billion this month. Unions must be careful, warns Guy Leitch (SA Flyer).

White pupils at posh Kingswood College refer to black scholars as 'snoobab'

White pupils at posh Kingswood College refer to black scholars as 'snoobab'

"This problem is bigger than just a Kingswood problem. The relevant processes will unfold," says College Head Colleen Vassiliou.

Investors need to understand redress and sensitivities, says Eusebius

Investors need to understand redress and sensitivities, says Eusebius

Eusebius engages callers on the Richard Branson tweet that has been widely criticised for lacking diversity.

[WATCH] 'I didn't poop, I peed,' kid excited that he went potty successfully

[WATCH] 'I didn't poop, I peed,' kid excited that he went potty successfully

Khabazela shares tweets and Facebook posts that have gone viral.