Finance

Australia Brilliant Black Friday Hacks Aussies Are Using to Beat Cost-of-Living Pressures and Save Big

With inflation pressures, Aussies are finding creative ways to save big during Black Friday. From cashback apps to price comparisons and BNPL, discover smart strategies to stretch your dollar further this holiday season.

By Arti LKO
Published on
Australia Brilliant Black Friday Hacks
Australia Brilliant Black Friday Hacks

Australia Brilliant Black Friday Hacks: Australians are feeling the pinch of cost-of-living increases, but many are turning to clever strategies to make the most of Black Friday sales and alleviate financial stress. Whether you’re a seasoned bargain hunter or a first-time Black Friday shopper, these hacks will help you maximize savings, avoid impulsive spending, and plan strategically to make the holiday season more affordable.

Australia Brilliant Black Friday Hacks

Key InsightsDetails
Black Friday StrategyPlan ahead, use cashback apps, compare prices, and buy non-perishables early.
Average DiscountsUp to 50% off on electronics, clothing, and household goods during Black Friday.
Cost-of-Living ReliefLeverage BNPL (Buy Now, Pay Later) options cautiously and avoid impulse buys.
Best Resource LinksAustralian Consumer Protection for safe shopping tips.
Cyber Monday AdvantageAnother chance for discounts online right after Black Friday.

By planning, researching, and leveraging the various tools available, Australians can navigate Black Friday sales with confidence. This year, being a savvy shopper is more important than ever as Australians work to beat inflation and make their money go further. Use these tips to stretch your budget and enjoy a financially secure holiday season.

The Context of Black Friday in Australia

In Australia, Black Friday sales have grown in popularity over recent years. Originally an American shopping event, Black Friday now marks the unofficial beginning of the Christmas shopping season worldwide. It’s an opportunity for Aussies to score substantial savings on big-ticket items, essentials, and even everyday goods as they prepare for the holidays. With inflation hitting everyday expenses, these savings can offer much-needed relief.

This year, shoppers are expected to save up to 50% on a variety of products, from electronics to clothing and household goods. But to truly capitalize on these discounts, shoppers need a game plan that goes beyond browsing online or waiting for a good deal.

1. Plan and Prioritize Purchases

Create a Wishlist

Start by creating a list of items you genuinely need. Writing out a list ensures you don’t get sidetracked by flashy discounts or items you don’t truly need. This tip is especially useful when sales are fast-paced, as it helps you stick to essentials and avoid overspending.

Example: If you’re looking to buy a new laptop for work or school, note down your requirements – processor speed, memory, and screen size. Check the regular price ahead of time, so you recognize a true discount when you see one.

Research Early and Set Price Alerts

Research products in advance, so you’re familiar with their standard prices and specifications. Many websites allow you to set price alerts, sending you notifications when an item reaches your target price. Websites like PriceHipster and CamelCamelCamel can help Aussies monitor price drops, giving you a clear edge.

2. Leverage Multiple Sales Events: Black Friday and Cyber Monday

While Black Friday remains the biggest day for deals, Australians can also take advantage of Cyber Monday, a mostly online-only sale on the Monday following Black Friday. This additional event is perfect for shoppers who missed out on Friday deals or who prefer the convenience of online shopping.

Example: Shop Online for Extra Discounts

Online shopping often offers exclusive discounts, including free shipping or bundle deals. Be sure to check Cyber Monday prices on platforms like Amazon or eBay Australia, as these retailers frequently offer additional markdowns. Remember, online shopping also reduces the temptation to make impulse buys that are more common in physical stores.

3. Cashback and Rewards Programs: Extra Savings

Cashback programs are a brilliant way to earn while you shop. With platforms like ShopBack and Cashrewards, you can receive a portion of your spending back in cash when you shop through their platforms. This is especially valuable when buying big-ticket items, as the cashback can accumulate quickly.

How to Use Cashback Apps Effectively

  • Download and Register: Sign up for popular cashback apps, ensuring they’re active during Black Friday.
  • Browse Retailers: Look for stores with higher cashback rates, especially for high-value purchases.
  • Check Minimum Cash Out: Ensure the cashback amount meets the minimum withdrawal limit so you can claim it after Black Friday.

Example: Purchasing a $500 appliance from Harvey Norman with 5% cashback means you save $25, a substantial discount if applied across multiple items.

4. Compare Prices Across Retailers and Use Coupons

One of the best ways to ensure you’re getting the best deal is to compare prices. Online tools like GetPrice and Google Shopping aggregate prices from multiple retailers, so you can easily identify the lowest price. Some websites, such as RetailMeNot, offer discount codes and coupons, which can save even more on checkout.

Example: Avoid Misleading Deals with Price Comparison

Retailers sometimes inflate discounts by temporarily raising prices before Black Friday. To avoid falling for these tricks, compare the product price history using apps like Honey or CamelCamelCamel to see if the discount is genuine.

5. Buy Now, Pay Later: A Flexible Option with Caution

Many Australian retailers offer Buy Now, Pay Later (BNPL) services like Afterpay and Zip Pay. These services allow you to spread payments over time, but it’s essential to use them responsibly. BNPL services are ideal if you want to purchase a big-ticket item but don’t want to pay the full amount upfront.

Note: Keep in mind that missing BNPL payments can result in fees, and over-reliance can lead to accumulating debt. Make sure BNPL aligns with your budget before choosing this option.

6. How to Avoid Black Friday Scams

Black Friday can be a goldmine for scammers who exploit the rush for deals. Here are some tips to ensure safe shopping:

  • Use Trusted Websites: Stick to reputable retailers and avoid unfamiliar sites offering deals that seem too good to be true.
  • Secure Payment Methods: Use credit cards or PayPal, which often offer buyer protection.
  • Check for SSL Certificates: Look for the lock symbol in your browser’s address bar to confirm the site is secure.

For more tips on safe shopping, refer to Australian Consumer Protection guidelines.

7. Budgeting Tips for Black Friday

Setting a budget for Black Friday is essential to avoid overspending. Here’s how to create a realistic budget:

  1. Calculate Your Holiday Spending Limit: Identify how much you can afford to spend without affecting other monthly expenses.
  2. Allocate Funds by Category: Divide your budget based on categories like gifts, household goods, and personal items.
  3. Stick to Your Budget: Avoid last-minute additions to your cart that aren’t on your list.

8. Stock Up Early on Non-Perishables

Buying non-perishable items like cleaning supplies, canned foods, and toiletries during Black Friday can provide cost savings throughout the year. Many shoppers buy in bulk during Black Friday to secure these household essentials at a discount, making it a smart strategy for managing ongoing expenses.

9. Environmental Impact of Black Friday: Sustainable Shopping Options

Shopping sustainably is an essential consideration for many Australians, especially during high-sales events like Black Friday. Here’s how to shop with the environment in mind:

  • Buy Refurbished: Sites like eBay Australia and Gumtree offer high-quality, refurbished electronics, furniture, and more.
  • Support Local and Eco-Friendly Brands: Many local businesses offer sustainable products, reducing the environmental footprint.

Example: Refurbished phones or laptops from certified sellers on eBay often come with warranties and work as good as new, offering an affordable alternative to brand-new models.

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Frequently Asked Questions (FAQs) about Australia Brilliant Black Friday Hacks

Q: What’s the best day to shop for Black Friday deals in Australia?

Black Friday offers some of the biggest discounts, but Cyber Monday is also worth considering for online-exclusive deals. Many retailers extend discounts throughout the weekend, so plan your purchases based on availability and product type.

Q: Are Black Friday deals actually worth it?

Yes, but only if you’ve researched the item beforehand and can confirm it’s at a genuine discount. Price tracking tools help identify real deals versus temporary price hikes.

Q: Is it safe to use BNPL services?

Yes, if you use them responsibly. BNPL services offer a flexible payment option, but make sure you can commit to each installment to avoid late fees.

Q: How can I ensure I get the best deal?

Use price comparison tools, look for discount codes, and check cashback offers. Planning and patience go a long way in securing the best deal.

Q: How does cashback work?

Cashback programs give you a percentage of your spending back when shopping through their app or website. Cashback is credited to your account, which can later be redeemed.

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Arti LKO

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