If you love to own the latest tech devices but you are not so keen on the hefty price tags that come with them, then you need to keep reading.According to IDC, consumer spending on tech is set to hit $2.06 trillion in 2023, with purchases such as drones and smart home devices becoming increasingly popular, as well as traditional products such as mobile phones and computers
However, there are ways that you can enjoy the latest must-have electronics without breaking the bank.
From applying promotional codes, to earning cash back on old tech, keep reading to find out how you can save big on electronics.
Whether you are already a coupon addict or you have never used a promotional code before, coupons are a great way to cut the cost of electronic devices. For example, simply by using a Lenovo Promo Code, you can enjoy savings of up to 70% on a wide range of gadgets including laptops and desktop computers.
Be sure to also check if a particular retailer allows you to stack coupons, as this can help you make maximum savings.
Check online prices
Although you may enjoy checking out the latest tech at your nearest electrical goods store, you should always compare prices online to find the best deal on any given day.
Furthermore, many retailers offer flexible payment plans, meaning you have the freedom to purchase your preferred tech even if you don’t have the money upfront to pay for it.
Buy at the right time
Seasonal sales and special events such as Black Friday offer a great way to save big on electronics. Typically, January is the best month for finding TV and TV accessories deals as they go on sale ahead of the annual Super Bowl.
Plus, as well as Black Friday and Cyber Monday which takes place in November, you will find that many retailers continue to slash their prices all the way up until Christmas.
Trade-in old devices
If you like to upgrade your gadgets as soon as a new model comes out, rather than simply letting your tech gather dust in a drawer, why not make some money out of it?
Many mobile phones providers offer trade-in programs, giving you account credit that can be used against future purchases. Alternatively, you could sell your old devices yourself via social media or on a selling platform such as eBay.
Opt for refurbished electronics
Refurbished items are often in great condition, with some being as good as a brand new device, yet they cost far less to buy. That being said, the quality of refurbished tech can vary greatly from one store to a next, so it is always a good idea to do your homework before making a purchase.
Similarly, if you do not want the latest model of a particular electronic, you can find some great deals on older versions or discontinued range.
Don’t buy extended warranty
If you usually purchase extended warranty when you buy a new electronic product, you should be aware that the vast majority of electronics last way beyond the time of their warranty. Furthermore, major repairs on new tech items are needed very infrequently.
Most brands offer sufficient free warranties, meaning you don’t need to fork out the extra cash to extend them.