Many times, especially during this time of the week, whenever I see companies selling items that are clearly loss leaders or are close to the wholesale price I personally think of two things if I don’t need the item. Essentially, if I decided to get rid of it can I resell it myself for a profit and do I know anyone that would love this as a gift?
Interestingly enough I usually think more on whether or not I can give it away as a gift. This year I actually gave some people presents that I obtained from a sale the year before which was a great deal. It was still about 60% cheaper than the current market price and I knew that it wouldn’t get outdated quickly. Hence, it saved me a lot of money and time.
Some common items could be things like movies. Example, I know some people who are planning to buy a Blu-ray player next year once the price starts dropping a little more. As a result, there were a ton of sales over the week where I noticed there were popular/recent movies that ranged from $5 to $9 where I know the regular price is easily $25+.
Result, I know that I could easily get rid of it for say $15. But more than likely I can just give it away as a gift. So instead of paying like the $25+ for it on the occasion like a birthday I am all prepared and even save money this way. Of course, this does require some knowledge/expertise in a category to do so. Example, I wouldn’t know how good the value an item would be for say a leather purse and how often the price will drop.