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Cyber Monday: Plan for savings

By Naomi Mannino · Bankrate.com
Tuesday, November 22, 2011
Posted: 5 pm ET

Have you sworn off shopping on Black Friday but still secretly feel like you're missing out? This year, shoppers are twice as likely to shop online as opposed to braving the crowds in stores and malls on Black Friday, according to a survey by Ebates. Cyber Monday, here you come.

In talking with experts on saving about Cyber Monday, the biggest change is that many more retailers will offer free shipping on purchases this year. That means you can get the deals without the crowds or paying more for shipping. There will be lots of savings, but it may get unwieldy with so many deals online. 

Get organized early by following these steps.

  • Find and save all the coupon codes you are interested in early by searching coupon sites. Some sites have already released their Cyber Monday specials.
  • If you plan to shop specific retailers, compare gift cards on Bankrate.
  • FreeShipping.org lists all the free shipping offers and any necessary free shipping codes you'll need on Cyber Monday.
  • Worried a site is not reputable? Search for negative reviews.
  • Check Twitter and Facebook every hour on Cyber Monday because Internet retailers live online, have larger inventories and can do lots of different social media specials.
  • Set up Twitter feed organizational tools and RSS feeds for your favorite websites and sales blogs to keep on top of all the savings.

Whoever said saving money was easy? How will you stay organized on Cyber Monday?

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2 Comments
Naomi Mannino
November 30, 2011 at 12:53 pm

Personally I agree with you about going out on Black Friday and even buying online on Cyber Monday. But we are apparently the minority! According to the survey released Sunday by the National Retail Federation, total spending over the four-day weekend, including Thanksgiving, reached a record $52.4 billion, up 16% from last year. And, IBM's Coremetrics report revealed that Cyber Monday 2011 online sales were up 33 percent over Cyber Monday 2010. Even the average order amount increased 2.6 percent this year from $193.24 to $198.26.

Also, I had to go to PetSmart for dog food and found that the price for the food was actually $2 more per bag on Black Friday than the usual daily price for PetPerks cardmembers!

Wolverine
November 28, 2011 at 2:51 pm

Black Friday, 2011. MEH.
Cyber Monday, 2011. BIGGER MEH.

Didn't get what the big deal was, other than a few $200 dollar 42-inch TV's. Nothing that important for me to be risking my life or my eyes over.

I saw the sales, didn't see anything too spectacular.

I enjoyed my sleep.