Shopping Online or Offline To Save More Money
Financial Management

Shopping Online or Offline To Save More Money

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Today I received in my mailbox a notice about Amazon.com’s grocery store and how there is suppose to be some kind of sale. Now I live in Canada, so this isn’t exactly something I can really take advantage of or can really tell if you are saving a lot or not. But this got me thinking on how just a few years back shopping for things like groceries online were one of those “yeah right” type of sentiments. Kind of like how Ebay started with people mainly selling things like beanie babies and now you can even bid to buy cars. When it comes to buying things online, I guess everyone has a different experience in terms of actually saving money compared to going to a traditional retail store.

Speaking for myself, I became pretty receptive to the idea of buying things online from the beginning and it has definitely helped me to save a lot of money when it comes to shopping for things. Most importantly, it definitely saves me a lot of time as well in terms of comparing prices and the different type of items that are available. The main thing that sometimes kills the savings aspect of shopping online is that if you are buying a small quantity of certain items, a lot of stores have pretty high shipping fees which in the end can make it more expensive than simply going to a retail store.

Of course, there are still some things that even I would prefer to actually buy in-person and I would have to say food and groceries would be one of them. There are local companies here that do in fact allow you to shop for your groceries online and then have it delivered to you, but from the prices I have seen almost everything looks like it is about 30% more expensive than what you can get by going to a store. The main pitch is that you end up saving more still as if you factor things in such as the fuel cost in driving a car to go shopping, that could be more expensive.

For myself, the main things that I usually find that are cheaper to buy online are entertainment products like a game or movie and small parts like computer accessories. I find that it is easier to find big online retailers who are selling things at clearance type of prices as well. I think furniture and appliances are things that seem to be cheaper at retail stores. In the end though, I’d say using both ways in terms of shopping online and offline is the best method to save the most money and can definitely help you to become more educated about various products while finding the best deals.

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