Online Shopping Helps Consumers to Save More Money

by Krantcents · 20 comments

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Online shopping has not always been the favorite way for people to shop, but the trend is growing every day. According to Money Magazine, the number of online shoppers will continue to grow through the holiday season. There are many reasons why consumers appreciate shopping online, but the ability to save money is certainly at the top of this list.

There are a few reasons why it is possible to save money when shopping online. This includes the already low prices, savings codes and savings on gas. Taking advantage of these savings allows you to enjoy what you purchase even more.

Lowering Starting Costs

Many of the prices you find online are lower than the prices you find in stores. This is generally because there is practically no overhead for businesses online. There is no need to pay expensive rent for a good location in a high traffic area. Businesses also do not have to worry about paying employees to staff the store or many of the other day to day expenses a brick and mortar store faces. These savings can be applied to everything being sold online. Without having to recoup the overhead costs, it is possible to be more competitive with the pricing and still enjoy profits.

Savings through Codes

Even though the online prices are already low, saving more is always better. Using promo codes allows consumers to enjoy even more savings from popular stores and even from lesser known stores. These codes can help to save on shipping costs as well as the purchase price for goods. Each code is different, so make sure you are completely aware of how you can save before trying to use the codes. These savings are generally only available for you to use once. The website will remember you and will invalidate the code after it is used once, but you can at least use it to enjoy some instant savings on your purchase.

Eliminating Transportation Costs

Since you do not have to travel anywhere to purchase your merchandise, you will be able to save on transportation costs. This means no wear and tear on your car as well as no need to pay for expensive gas. While this may not seem like a big deal when purchasing things you can get at the local store, it will make a big difference if you have to travel to another state or another city to purchase the merchandise you are looking for. If you are able to get free shipping on your merchandise, you will realize a huge savings on your time and transportation costs. This is almost as good as the ability to buy the things you want while wearing your pajamas.

Shopping online will continue to grow as more people discover ways to save money on the things they want. Thanks to lowering starting costs, saving through codes and eliminating transportation costs it is possible for consumers to enjoy all the savings they want to justify purchasing even more goods online.

Photo by:  Flickr

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Jack @ Enwealthen September 15, 2013 at 8:58 am

Totally agree. Online shopping has revolutionized US shopping, and there are some great bargains to be found, much more easily than in a bricks n mortar store.

I’ve recently discovered cash back rebates. Almost every major store on the internet participates in a cashback rebate service, and typically you can use the coupon to get a discount and then also get the rebate, a two-pronged savings attack. On average, you can get a 3%-9% rebate on any purchase.

The one major exception is Amazon. No cashback rebates there, but almost anything you can buy on Amazon you can find on another online store, be it Target, Walmart, Barnes & Noble, etc.

Krantcents September 15, 2013 at 9:07 am

You still need to check prices, coupon codes and rebates. No one retailer can be used exclusively! You need to check pricing and using various shopping bots for online shopping make sit much easier.

Michelle September 15, 2013 at 9:05 am

I always search for promo codes before I buy anything online. Usually there are plenty out there!

Krantcents September 15, 2013 at 5:03 pm

I do most of my shopping online and always look for coupon codes too.

Jon @ MoneySmartGuides September 16, 2013 at 5:58 am

It also seems there are new apps everyday to help consumers save money while shopping online. Online shopping will never 100% replace shopping in person but it has still revolutionized the industry.

Krantcents September 16, 2013 at 6:53 am

Technology is making so easy to be more productive!

SuburbanFInance September 16, 2013 at 6:33 am

I love online shopping. It makes comparison shopping easier.

Krantcents September 16, 2013 at 6:55 am

Yes, using shopping bots makes you very effective.

Andy Hough September 16, 2013 at 8:28 am

I’m trying to switch more of my shopping to online shopping. If I can get it online cheaper and I don’t need it right away then I buy it online.

Krantcents September 16, 2013 at 10:20 am

I agree! The best part of shopping online is using the shopping bots to find the lowest price.

Jacob | iHeartBudgets September 16, 2013 at 11:04 am

Almost standard now, before I buy anything, I check online first. Then I search for a “COUPON CODE” to see if I can get further discounts. Paying full retail for ANYTHING these days is just silly :)

Krantcents September 16, 2013 at 1:09 pm

I agree! I love to use the shopping bots to find the lowest prices too.

Edgar @ Degrees and Debt September 16, 2013 at 11:20 am

Online shopping does eliminate transportation costs and whatever you value your own time at in regards to getting to and from and doing the shopping. What sometimes ruins it is the reality of the shipping costs.

Krantcents September 16, 2013 at 11:58 am

Often, you can get a coupon code to cover shipping. Shipping is often less than the cost of you driving around anyway.

maria@moneyprinciple September 16, 2013 at 1:17 pm

I was initially sceptical about shopping on line but am converted. At present most of what I buy – apart from food and shoes – I buy on line. I also heard in Paris that many French people go to the shops to try something on and then order it on line – it is cheaper for all the reasons you mentioned.

Krantcents September 16, 2013 at 2:35 pm

I did that afew years ago! I tried on a pair of didas running shoes and went across the street to the Apple store and ordered them online. I saved 40%!

AverageJoe September 16, 2013 at 7:45 pm

When I was working a bazillion hours a day I was willing to pay extra to have someone bring groceries to me. It’s hard to believe that with Amazon and other retailers, now it’s par in many places!

Krantcents September 16, 2013 at 7:51 pm

It is sort of interesting how what was a luxury is now taken for granted. I love how competition has made prices go down too.

Tammy@ Loans and Lifestyle September 17, 2013 at 5:58 am

I generally prefer shopping for groceries by visiting the store because it’s not that far away from my home, but I tried my hand at online shopping a few days back and I guess it is something that you need to get use to. Although I browsed different stores in a matter of minutes and found the best bargain, it was only after reading a few reviews that the most affordable item was lacking in certain features that you could only notice once the item had been delivered to you.

Perhaps online shopping isn’t ideal for all types of purchases. As far as electronics and standard grocery items go, I think it’s a good option.

Krantcents September 17, 2013 at 6:55 am

I usually only shop online for items I already am familiar with, although many companies allow no cost returns.

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