Monday, November 2, 2009

10 Tips to Save on Holiday Gifts


Given the shaky job market, holiday budgets are tighter this year. According to a survey by PriceGrabber.com, 53 percent of consumers are planning to spend less on gifts. Retailers are anticipating greater demands during the holiday season because of higher-than-expected Halloween purchases this year, says Ken Burke, the founder of MarketLive, which does E-commerce research. Already 30 percent of those surveyed have begun their holiday shopping, with 22 percent having started in October. So to avoid the winding lines and sold-out merchandise, here are 10 tips to save you time and money as you kick off your holiday shopping:

1. Comparison-shop online
Left with excess inventory last year, retailers are going to sell fewer items in stores this holiday season. As a result, more people are going to go online for research, price comparison, and convenient shopping, says Burke. In PriceGrabber.com's survey, 70 percent of consumers said they're planning to research and comparison-shop online for the holidays. One way to do that is through sites like ComparisonShopping.com, which aggregates product search results from the 10 leading websites for price-comparison shopping, including BizRate, PriceGrabber.com, NexTag, and Shopzilla. These sites have vendor prices, reviews of vendors and items, and product descriptions. Also, visit FreeShipping.org, which provides free shipping coupon codes for more than 1,710 stores. Other websites have threshold free shipping, where shipping doesn't cost anything after a minimum purchase; Amazon.com, for example, provides free shipping for members whose purchases are over $25.
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Posted by Kelsey Hoffman

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