Friday, November 25, 2011

Websites that can help you find deals

Decide.com, like Farecast (the travel decision engine bought by Microsoft) was created by Professor Oren Etzioni of University of Washington to predict whether you should buy stuff now or wait. It doesn't get all the deals right, though. For example, it doesn't account for Amazon's crazy daily deals.

Deal news tracks the best deals of the day.




The best time to buy stuff

Different fruits and vegetables are best purchased in certain season, and the same is true for manufactured goods. They reach their lowest prices at certain times.



Here's a general guideline on when to buy what:
  • Apparel - Back-to-School, post-Holiday clearance sale, coupons, friends-and-family discounts
  • Appliances (kitchen) - The cheap stuff get really cheap on Balck Friday
  • Appliances (large) - Major retailers like Sears have discounts at the end of the quarter (Jan 31 for Sears). This year, Lowe's and Home Depot did great deals on Thanksgiving week.
  • Computers - Cyber Monday. On Black Friday, some (like Dell and HP) will let stores offer deep discounts for  their stuff ; but only on that day. Other steep discounts are offered in the manufacturer's site only. 
  • Electronics -Best prices are in early December, lower even than Black Friday
  • Food that's seasonal - After the holiday. For example, candies after Halloween; fruitcakes after Christmas (but don't buy it anyway!!!!) 
  • Jackets (and cold gear) - January
  • Media (DVD, books, and music)- Thanksgiving week.    
  • Toys - weeks after Thanksgiving, because toys have short shelf lives (people don't buy them after Christmas). Prices go back up the week before Christmas, though, for those last-minute shoppers.