Online sales are great for getting deals on clothing, gadgets, and home living accessories, but the best sales rarely involve specific items. Instead, you’ll usually save more money on high-end brands by waiting for an online clearance sale. These sales often happen once a season (or sometimes even a whole year) has finished and brands need to make space in their inventory.
With the number of fast-paced and affordable fast fashion websites growing every day, it’s important to know how to get the most out of your online shopping budget. This is especially true during online clearance sales — finding out about them as they happen can be tricky, but with these tips you can stay ahead of the curve and save big wherever possible.
Tips for Finding a Clearance Sale Online
You’d be surprised how many shoppers don’t know they can find a clearance sale online. Stores like Amazon keep inventory on their sites for years, and often offer big discounts during slow times of the year.
You can find even bigger discounts on brands’ websites, since brands can clear out whatever inventory they want at any time.
The key is to know when your favorite brands’ fiscal years end. Fiscal years help brands plan ahead, so most of them end near the start of the calendar year. That means that in October and November, many brands start clearing out old inventory to make room for the next year.
Watch Out For Layaway Or “Just In Time” Inventory
Don’t always trust that you’ll find a specific item on sale during your favorite online clearance sale. Retailers might decide to hold off on selling items they’re waiting to order until they’re “just in time” to clear them out of inventory.
If you’re hoping to save a specific item, you may need to place an order early. This is especially common in fast fashion websites.
Once a year, these retailers order a set amount of inventory for each product, and they may decide to hold off on selling specific pieces until the rest of the order arrives. This means that you may be able to find great deals on clearance items, but only if you’re willing to wait a few weeks for them to arrive.
Know Which Brands Have The Best Sales
Some brands have predictable sales cycles, while others have no real rhyme or reason. Once you figure out which brands you want to shop at, it’s easy to predict when their next sale cycles will start.
Track Expected Inventory Dates
If you’re hoping to find a specific item on sale, you can track the expected inventory date. This is the date that an item will end its shelf life, at which point the brand will discount it to make room for new items.
Check for Fake “Clearance” Ads
If you’re hoping to find a specific item on sale, you should also keep an eye out for fake “clearance” ads. These are ads that brands will use to sell their products at a higher price.
To avoid falling for these ads, you should know how to spot them. Fake ads will often use common buzzwords like “sale” or “clearing out inventory” without actually being a discount. They’ll also use a discounted price that’s higher than the item’s original price so you have to be very keen.
To Sum It Up
You might cringe at the idea of spending Black Friday in a virtual store and going crazy over cyber-sales, but what if it means you can buy that new coat you’ve had your eye on for a fraction of its usual price?
There are so many advantages to shopping online rather than venturing out into the real world. You save time, avoid the hassle of queuing up with hoards of other shoppers, and – most importantly – you also save money!
By following these tips, you’ll be able to find out about upcoming sales and save big on your next online shopping trip.