You’re at the mall or the grocery store and you see a big sale sign. That sale may be on an item that you want or even something that you need, but before you give in to the sale, consider these tips:
What’s the Deal?
The terms and conditions are part of every sale process, so make sure to consider these before committing to a purchase. If you have to buy the item in bulk to receive a discount, know that bigger or more is not always better. These types of sales are generally found in grocery or discount stores, where the cost per unit is printed on the store tag. To determine a real deal, divide the price by the cost per unit. If the price for the regular size item is the better deal, go for that and pass on the bulk.
Buy One, Get One
This sale, conveniently coined BOGO for the buy one get one offer, is another popular sales offer in the retail industry and one that shoppers automatically assume is a good deal, and it may be. But before you grab and go, scrutinize the deal.
Buy One, Get a Discount on Another
Retailers and grocers love this offer, but beware. More often than not, the cost of the item is hidden in the promotional price, so be sure to consider the cost per unit of the item, then compare it with like items in the store to see if there are real savings.
