Cheap Online Shopping: The Top 10 Sites for Finding Discounts Online

Shopping online can be significantly cheaper than heading downtown towards your local mall, outlet, Best Buy, Walmart and so forth. The overabundance of competition at the entire world’s fingertips forces suppliers to break down and get rid of their items for a bargain that bests its competitors’ prices. Shopping on the web may also be tax free for a variety of online shops. Thanks to the likes of eBay, many retailers may even specialize in refurbishing products and selling them for far below the out-of-box price. However, surfing the web simply to find which store can sell an LED Television for $20 less can be time consuming. Customers also tend to worry about having their credit card information stolen. Therefore, I have compiled a list of the top 10 places to buy cheap electronics online. The websites making this list are based on reputation, security, inventory, shipping speed, and of course price.

1. eBay – eBay is the mecca of purchasing cheap electronics online. Customers can find literally anything here, be it new, refurbished, used, broken, etc. Thanks to the Buy It Now feature users no longer need to consume their time getting into bidding wars. eBay’s partnership with PayPal allows customers to shop with confidence. Despite its reputation eBay cannot control how long their suppliers take to ship items, whether the items are in the condition described, or if the seller is an outright scam artist. PayPal does a great job protecting consumers from these types of incidents; however they can still cause headaches, and potentially a loss of funds.

2. Cheap Electronics Depot – CheapElectronicsDepot.com features the lowest prices online by a landslide. Their product selection may be low (less than 100 items) however the items sold are in very high demand. iPod’s, HDTV’s, MacBooks, Video Games consoles, and more are all sold for up to 99% off retail. Bargain hunters looking to go the extra mile for an incredible deal enjoy shopping at Cheap Electronics Depot. The catch here is all items are sold via a “bidding fee auction.” Meaning users must pay a small fee (usually 60 cents) each time they place a bid. The price increases by 1 penny with each bid. Most items tend to sell for about $50. Therefore placing 100 bids on a one thousand dollar HDTV is equivalent to purchasing it for $90. Cons are, the site design leaves something to be desired, and you may end up paying for bids without winning the product.

3. Ioffer – Ioffer is a clever site that is a slight variation on eBay. Rather than the seller setting a price, the customer makes an offer to the seller. The seller may accept, decline, or make a counter offer. I have realized that if you search around enough and make enough offers, you can get some amazing deals on here. A lot of sellers may be eager to get rid of their product; therefore they are quick to accept a low offer. However, the site can become frustrating when sellers decline very reasonable offers. The product selection is very vast, and users should be able to find any electronics they like on here.

4. Best Buy – Before you jump all over me for putting a retail chain on here as an online store, please hear me out. BestBuy.com offers products online from their Outlet Center that cannot be purchased in the store. Don’t think the 7th Generation iPod is much different from the 6th generation? Head on over to Best Buy online store and check to see if they have any refurbished 6th generation iPods at the outlet center. The price is much cheaper, and since you are dealing with such a refutable seller, you can shop with confidence. The shipping costs are high, taxes must be paid, and the outlet center may not always have what you need. This is still a very worth place to find cheap electronics online.

5. NewEgg – I don’t know how they do it, but NewEgg features some very solid deals on High Def televisions, digital cameras, and most of all computer parts. Tech savvy bargain hunters could practically put together an entire desktop from parts they purchased for NewEgg. All for less than $300. Less technologically inclined users may not be able to find such deals, however the prices on electronics here are definitely not something to snub one’s nose at.

6. Wal-Mart – Walmart.com… Not much to say here. While not everyone may agree with their labor policies, or corporate practices, there is no denying the Wal-Mart continues to find ways to push out products for prices few can match.

7. Craigslist – Without a doubt, Craigslist features some of the best prices on electronics. Plus users get to avoid the whole shipping process, tax, credit card entered online, etc. It is also great to see the product in person before purchasing. Craigslist slips because if one lives in a rural region of the country, very few ads are available and finding what you need may be difficult. Secondly, Craigslist is prone to a variety of scams. Most importantly, Craigslist is not always entirely safe. Visit a stranger’s house at your own risk, and cut down your risk by bringing someone with you.

8. HHGreg – Like NewEgg, HHGreg features some good deals. While their prices cannot compete with the likes of an eBay or Cheap Electronics Depot, their products are always top notch, and you know you are dealing with a trustworthy seller who can come through should the product fail to work.

9. Amazon – Most of you would have Amazon ranked higher on this list. I mean after all, they have a great reputation and sell basically any product imaginable. Well the factor I weighted most when creating this list was price. And Amazon is very hit or miss with its deals. I may be able to look up an off brand Television and find it for about $100 less than what it may cost directly from the retailer. However, there are other products that only seem to sell for exactly the same price in the store (sometimes more). Amazon is still a great website to give a try. You never know if you may find a deal on what you are looking for.

10. Target – Target is the rich man’s version of Wal-Mart. I’m sure everyone is well versed on Target and understands that the slightly better reputation over Wal-Mart means slightly higher prices.

Online Shopping Guide for Electronics – How to Buy Electronics Online

Online Shopping has recently emerged as a global trend in the E-commerce industry. Online shopping means that one can purchase item of any type in real-time through an online shopping store. The process involved is known as “Business to Consumer” (B2C) online shopping. In order to purchase anything online, you need to have a PC, access to internet and credit card. The first online shopping system was introduced by a German company named “Intershop” in 1994. Amazon is the biggest online retail store which was launched in 1995.

Consumers can easily find a product that they are interested in by simply visiting any online retail store or using search engines to look for them. Just like any other item, electronic goods can be purchased online for personal, office, departmental or industrial use. If you are looking to buy electronics online, you first need to know your budget and then start searching for the electronic item you are interested in through different search engines. When you have selected a number of online stores that are offering your desired product, you start comparing prices and decide if you want to purchase the item from the store offering the lowest price. But there are some factors involved. Firstly you need to check if the online retail store offers shipping to your area and whether the shipping price falls within your budget or not.

If you are looking to buy electronic items like computers, desktops, laptops, digital cameras, home theater systems, printers, scanners, cell phones or DVD players for personal or office use, there are a huge number of online stores offering these items with highly competitive prices and this is where the trust comes in. You need to make sure that the online store that you have chosen is 100% secure and whether your personal and credit card information will be safe or not.

There are also a number of comparison sites where you can compare prices for different electronic items for free and then you can choose the best price available on internet. When buying electronics online you need to keep all these things in your mind and select the option that best suits your needs. Buyers can adjust the search results by trying a number of things to make them more useful. Selecting your desired product and online shopping store is itself an art if you know how to search based on different criteria.

The Expectations of Online Shopping

Online shopping is going to blast. Nowadays retailers are adding in-store pickup, offer free shipping and experiment with social media. It is getting difficult to say who is pure internet retailer and who are bricks and mortar shops with online portals. All of them are reformulating how we will shop online in the future: via a mobile device, tablet computer, in store kiosk, etc.

New legislation might be required in order to protect the customers but this will also affect negatively online shopping. Internet retailers would have to collect sales tax. We will talk about legislation latter on in this article.

However, more and more traditional retailers are going for online selling. L.L Bean launched free shipping on all items, Macy’s offers free shipping on purchases of $99 or more, Walmart bought social media platform Kosmix in order to build their online business and Toys R Us purchased a new distribution center to support internet sales.

More and more retailers will implement in-store pick up. Walmart started already by offering in-store pick up for orders placed online. Sears and Kmart are testing home delivery. Farm Stores in Florida offer their shoppers to order groceries online and pick up at a drive through. Some smaller stores might even open designated pick up locations for goods ordered online (example Chronodrive).

Nowadays people who own a smart phone can use applications that allow them to do price comparisons or use coupons to purchase online. But we are just getting started with this type of technology.

New applications allow customers to upload video clips modeling new cloths or using a new purchase. This is a new feature but will definitely pick up quickly.

What about the power of social network like Facebook and Twitter? As a consumer you are able to “like” or follow a favorite retailer and get discount on deals. For example 12 million consumers “like” Victoria’s Secret on Facebook as of March 2011.

Jim Okamura (managing partner at Okamura Consulting) says that social shopping is just getting started. He mentions that Facebook offers good return on investment. However there are still lots of retailers that have not taken this advantage yet.

Online shopping is also going to help a lot of small niche online retailers. Via international or cross border e-commerce, they are now doing 10-20% of their sales outside their own country (example SousVideSupreme, Zara, Top Shop and StyleTrek).

There are nowadays more and more sites that cut through the din of so many sites and bring consumers only the information they are interested in: Dealnews, ConsumerSearch, Brad’s Deals and My Shopping Genie. There are sites you can use to find coupon codes, and possibly to make money while shopping online. There are also a variety of websites you may utilize to earn “points” or “bucks”. You can accrue these points and bucks and “cash them in” for goodies such as gift cards, real cash, accessories, electronics, so on and so forth (Swag Bucks).

A great advantage for consumers of online shopping is that as it becomes easier to compare prices (via My Shopping Genie for example) stores will be forced to create better experiences with better sales staff and items hard to find anywhere else.

In an article from April 2011 it was revealed that China shut down 410 websites involved in copyright violations and counterfeiting in the first 3 months of 2010. This is a sign that governments are now trying to interfere in legitimating online sales and making it safe for online shoppers. China’s online shopping has been booming (iResearch analysis). China has more than 450 million internet users, being the world’s largest. China’s online shopping transaction volume jumped 89.4 % year on year. About 148 million customers purchased goods or services online in 2010. China’s online economy grew rapidly in the first quarter of 2011, mainly driven by the development of e-commerce and mobile internet. Due to this increase in online shopping, local Chinese authorities are placing more emphasis on monitoring online shops.

Another example is Malaysia. Malaysians spent $739millions shopping online last year according to a survey released by PayPal. The PayPal’s growth in Malaysia last year was the strongest in the region Asia and India at 70%. The biggest percentage of online retail purchases are made on local websites. However the USA is the most popular country Malaysians bought from.

As we mentioned above, governments are now trying to make the online shopping safer for the customers.

In an article from ABC News from April this year, it is stated that the White House has developed a plan named the National Strategy for Trusted Identities in Cyberspace (NSTIC) in order to fight online identity theft. The idea of this plan is to consolidate internet logins, kind of “Connect” for online shopping with the government’s mark of approval. Furthermore better security will encourage consumers and financial services companies to embrace payments through smartphones. The supporters of this system pointed out that the program would be voluntary. However there are pros and cons regarding this topic. The customers may benefit from these type of legislations but there are also disadvantages to it.

What My Mentor Never Taught Me About Online Shopping Sites

There are plenty of online shopping sites for electronics that you can check out. We live in an era where electronics are used for personal needs, for work, and for entertainment. Being able to get terrific deals for less money is very important. As you look around online, you will find the best selection of items, you will be able to compare prices, and you can evaluate the pros and cons of any given item. You can also explore the various electronics shop online offers.

Compare Side by Side

It can be exhausting to go from store to store to compare prices on various electronics. If you live in a small area, you may only have a couple of stores that carry what you are interested in. This can really limit your selection in regards to particular brands or models. With an electronics shop online, you can often compare side by side the products offered. This allows you to see the prices, to evaluate your needs with what a product offers, and so much more. It is all right there for you to see with ease.

Terrific Deals

There is plenty of competition too when it comes to online shopping sites for electronics. This works to your advantage as they are continually doing what they can to entice customers to buy from them. Look for terrific deals including those for first time buyers, those for return customers, free shipping, and even discount codes. Sign up for rewards programs and for newsletters so that you will be notified by email about such deals. That ensures you don’t miss out on them!

Some of these deals allow you to even pre-order products that aren’t released yet. The thought of standing in line to get the latest iPhone or to get a new computer isn’t appealing at all. Ordering it online and then it is shipped to you for arrival on the day when others can get it at the store is a perk you don’t want to miss out on.

Save on Refurbished or Slightly Damaged Items

With many electronics, the cost is what holds the consumer back. Yet you can save a fortune when you buy refurbished items. They may have been damaged and then returned by a customer. They have been restored to new but can’t be sold as new. You can get the same benefits with that electronic device as you would a brand new one. Yet you purchase it for a fraction of the retail cost.

The same is true for such electronics that are slightly damaged. For example, maybe the screen has a few scratches on it but it is still an excellent laptop. You will pay very little for it but still be able to use it online shopping sites for electronics that specialize in refurbished or slightly damaged items. Check them out if money is tight so that you can buy what you want and pay very little for it.

Read Reviews from Other Customers

When you are evaluating any electronics shop online, you can easily see what other people have to say about it. Reading reviews allows you to see the type of customer service and support that previous customers have received. You can find out the quality of the merchandise they offer, how they handle returns/refunds, and how fast they ship your order. Check out their rating with the Better Business Bureau and also see how long they have been around.

The BBB gives letter ratings and you never want to work with any online vendor that has less than a B rating. There are too many excellent entities out there for you to work with one that is simply mediocre. Look to see how long they have been in business too as longevity says a great deal about their business. If they treat customer’s right and have great electronic products, then they will be able to stay in business.

Look at Refund Information

Any time you check out online shopping sites for electronics, you need to be aware of their refund policy. What if you don’t like the item when you get it? What if it damaged in any way? You need to be able to send it back and get your money back without any hassles. Read all of the details of such a refund as you may have a limited amount of time to exercise that right. Not all retailers online will accept a return, and you should shy away from them.

With the right electronics shop online, you can get the devices you want for a fair price. You can have them conveniently shipped to your home or your business. Make sure you only buy from secure sites. You also need to make sure you ask questions before you place any orders.