Dr Oz: Secrets To Saving Money While Shopping
Jeff Rossen was working with Dr Oz to break down some of his biggest investigations. He wanted to share with Dr Oz’s viewers, what he learned about how to save money at some of the biggest stores across the country. As for the biggest mistake people make, Jeff said people too often walk into a store thinking the price “just is what it is.” He added that we are especially susceptible to that at big retailers. You can negotiate at even the big-box stores. Jeff went undercover at popular retail stores to find out how consumers can negotiate a better deal.
The first thing you need to do is price match with other stores. Even if the store doesn’t advertise price matching, it’s worth asking, especially if you can find the same item you’re looking for, for cheaper online. There’s an app called Shop Savvy that does all the price comparisons for you.
A woman joined the show, explaining that she’s been shopping for a laptop but she hasn’t bought it yet because of the price. At a major retailer it was listed at $343. Using Jeff’s tactic, they looked at a competitor’s website and saw the same laptop for $299. Using Shop Savvy, they looked at a third retailer, where it was $264. That’s a savings of $74.
Dr Oz: Go For The Open Box & Try Bundling
Another big money-saving secret is buy the opening box for a discount. When Jeff used this tactic in his experiment, he saved $280 while shopping for big-screen TVs. Typically you still get the same warranty and it works just as well, it likely was just either a floor model or a return.
A third tip is to buy multiple items at one place. It’s called bundling, and while it sounds counter-intuitive, it actually makes sense down the road. For example, if you’re shopping for a washer and dryer, and you know you’ll need a refrigerator soon as well, try getting all three and ask for a 10-15% discount on the total price. If you point out that the commission for the salesman will be more, it could just work. One woman tried it and saved $3,000! Jeff said the number one tip of all is to simply be nice.
Dr Oz: Prevent Dynamic Pricing While Shopping Online
To avoid getting ripped off while shopping online, you may want to pay attention the computer or browser you’re using. It’s called dynamic pricing, and an example of it is that a person with a Mac has more money, according to research. When you try to buy plane tickets or sometimes even regular items online, sometimes algorithms can, but not always, bump the price up, versus people using a PC. Dr Oz tested the theory by looking at the same hotel on the same website, at the same time, on two different servers. On one, it cost $182 and on another it cost $170.
The best way to go about it, is to shop “incognito” to block companies from looking at your history. If you’re using Chrome, click on the three bars in the top right corner of your window, then select “New Incognito Window.” For Firefox, do the same thing but select “New Private Window.”
Do you have any other money-saving shopping tricks to share?