Consumer experts say you’ll score the best deals on electronics.
You’ll want to be plugged into these killer Black Friday deals.
Black Friday is around the corner on Friday, November 24th, and the day after Thanksgiving is bound to have sales just as robust as the Turkey Day feasts preceding them. If last year’s data is any indication for what 2017 may hold, Black Friday could rake in as much as $3.3 billion in sales. Last year, consumers spent an average of $290 each, per a report from CNN. In 2016, 154 million shoppers partook in the retail blitz, both in retail stores and online.
But what are the best deals you can score on the big day? While retailers will discount everything from clothing to housewares and much more, experts tell Moneyish that the biggest savings will be found on consumer electronics.
“For Black Friday, the most heavily discounted items are always in the electronics category — televisions, gaming consoles, tablets, would be the main categories where you can find the steepest discounts,” says Johan Mengesha, director of content for SlickDeals.net. His advice: “Look out for deals… that come with gift cards,” such as incentives that Target is offering, like the $20 bonus gift card the retailer will award shoppers who purchase a Samsung Galaxy Tab A tablet, at 10.1 inches with 16 GB of memory. That gift card is on top of the $100 Target has already slashed from the tablet’s MSRP $279.99.
“Pick the store where you spend most of your money throughout the year so that you can take full advantage of these gift cards,” Meghesha recommends.
As far as other electronics go, there are many categories of products that will be deeply discounted. Online shopping expert Brent Shelton, who works with BFAds.net, says that smart speakers like Amazon’s Echo Dot and its rival, the Google Home Mini, are on the lowest discount they’ve ever been. In the case of the former, Amazon is pricing the smaller sibling to its flagship Echo smart speaker at just $30 for Black Friday (down from $49.99), and Google is selling its Home Mini for $29.99 (down from $49.00).
Mengesha also says you should expect to come across some great deals on 4K TV’s, but don’t expect them to be high-quality options. “They’re Black Friday-specific models, derivative models [of more expensive alternatives], just so you can lower the price down to these jaw-dropping numbers. They take out a lot of bells and whistles,” he says, noting that you can find super cheap models such as a 50″ Sharp TV for $180 at Best Buy.
“That’s their door buster deal,” Menghesha says.
More expensive merchandise like gaming systems and even laptop computers will also be marked down, and analysts say it’s a great time to buy one.
The XBox One gaming console will retail for between $190 and $250 for various bundle deals at big box retailers like Walmart, while the more recent XBox One S gaming console will be on sale for between $300 and $330 from retailers like Kohl’s which will toss in a $90 gift card with purchase. Consumer Reports has the details.
And laptop deals are looking great at retailers like Staples and Walmart; at the latter, an HP Chromebook can be purchased for as little as $119.
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