If you’re anything like thousands of other people out there, you’ve been saving up your hard earned cash for months now in anticipation of finding a great deal on that special item on the biggest shopping day of they year, Black Friday. Black Friday, the day after Thanksgiving, is the day that traditionally retailers books will go into the black for the year, and when they start making a profit. If the day turns out anything like years past, it will be a day of deep discounts, mobs of people trying not to be trampled and quite a few disappointed people who just barely missed out on the amazing deal on the 50″ plasma tv.
So how do you make sure that you’re not one of the people missing out? You need to plan your day with military precision, detailing your battle plan down to the smallest detail.
Plan Out Your Attack
So what do you need to do in order to have a successful shopping trip on Black Friday? Here’s what I do before I even go to wait in line for the door-buster deals in the wee early hours of the morning.
- Figure out what you want to buy in advance. Make a prioritized list: Don’t go out and buy things you don’t need just because they’re a great deal. But if your old 20″ tube TV just died on you and you’ve been shopping for a new one, this may be a good time to buy. Make a list of the things you want or need, and put them in the order that you need or want them. Don’t buy on impulse.
- Set a spending threshold and don’t go over it: It can be tempting with all of the amazing deals on Black Friday to buy all sorts of things you don’t need – or didn’t realize you needed until you got to the store.
- Save up cash for the items you’re buying: Because buying things is that much sweeter when you pay in cash!
- Check for Black Friday deals in advance: Often stores will sell certain items at the discounted Black Friday prices in advance of the actual day. For example, one laptop I was considering buying was at the Black Friday price online, a week in advance.
- Visit the stores in advance so you know where the items are: At some stores on Black Friday they’ll just open the doors and there will be a mad rush for the most popular doorbuster items. If you visit the store a day or two before the sale you’ll know just where you need to go to find the item you’re looking for.
- Coordinate a battle plan with a friend: If you are looking for more than one item, you may need to find a battle buddy, someone who is willing to wait in line with you and make a b-line for item number 2 on your list before it disappears. If the other deal you want is at another store, they may have to to go that store for you. Buy them lunch to thank them for the help!
- Figure out if you’ll need a voucher/ticket to get a deal: At many stores you have to arrive super early in order to get a voucher to take advantage of the hottest deals. For example at a Micro Center I went to on Black Friday a few years back, only the first people in line got tickets to buy a deeply discounted TV. Find out if this is the case at your store, and if so, make sure to get there early.
- Don’t despair if you miss out. Some of the best deals don’t happen on Black Friday!: If you don’t get the deal you had hoped to get on Black Friday, just remember that some of the best deals people get don’t even happen on this day. Case in point - we bought our 50″ plasma TV earlier this year for $580 – and not on Black Friday! I have yet to see a deal that good for the same or a similar TV on Black Friday!
So make your battle plan early – if you haven’t started already, do it today!
Where Can I Research The Black Friday Deals In Advance?
One of the most important pieces to having a successful Black Friday shopping trip is doing your research in advance. You need to scour the all the ads, looking for the best deal on the widget you were hoping to buy.
Some of the best places I’ve found to do research for Black Friday include:
- Fat Wallet Black Friday Forum (my favorite)
- Black Friday.net
- Black Friday at GottaDeal
- blackfridayads.com
- Black Friday Ads
- iBlack Friday
- Black Friday Central
- Black Friday at Amazon.com
Another cool resource that I’ve found for finding the deal on exactly what you’re looking for is the Black Friday spreadsheet that someone over at Fat Wallet has put together. It has all the deals in one excel spreadsheet, and you can sort the deals by category, type, brand, price etc. Very helpful if you’re looking for a specific item.
Looking to buy several items at one store, but not sure which you should make a b-line for first? Check out this “most wanted” list from gottadeal.com – it will tell you what some of the most wanted items at each store are – so you can prioritize you list.
Didn’t Get Your Deal? Cyber Monday Is On The Way, Don’t Despair!
A lot of times people will find that their deal was just so popular that by the time they show up at 4am all the coupons for that nice TV have already been passed out. Don’t despair, a lot of times you can find some great deals on the Monday following Thanksgiving, often called “Cyber Monday”. Check out the sites above, especially FatWallet forums, and you can find some great deals the following week as well. Or follow my tutorial here on how to save money on the high ticket items you buy:
More Black Friday Shopping Tips & Commentary
- Sears Tools and Appliance Coupons
- Holiday Shopping: Tips for Black Friday and Cyber Monday
- Tips For Shopping Black Friday And Cyber Monday
- Holiday Spending Guide for a New Economy (an alternate viewpoint – don’t shop at all!)
- Christmas Shopping – Black Friday , Cyber Monday , and Beyond
- Black Friday 2009 Free Stuff
- Black Friday Holiday Shopping: Just Say No to Coupons, Free Shipping, and Deals
- Black Friday Sales Are Here Again: A Quick History and Some Tips
- Preparing for Black Friday
- Flu Season Is Here, Just In Time For Our Vacation! Post Roundup
- Business And Bible Terms: "Free"
- How To Get The Best Deal When Signing Up For Cable Or Satellite TV
- Christmas Budgeting Tips: Avoid Overspending At This Expensive Time Of Year
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Great tips! Thanks for including my Moolanomy post
Miranda´s last post ..Friday Fun Video: AmEx Commercial with Smileys
My pleasure, you had some great tips!
Plan and stick to the plan. Go as early in the morning as possible so you don’t have to spend all day there and can enjoy your day after.
Great post, loaded with info. And…glad we could make your favorites list.
Thanks for the mention,
Laura Pagles
FatWallet.com
With all due respect I usually prefer to hibernate during Black Friday. Dark times for consumerist America.
Steven Handel´s last post ..Five Reasons Why Having A Blog Makes You More Productive
What a great post–loaded with info.
I plan on doing all of those with the addition of one thing–if i can find my item online for the same price as in the B & Ms, and the shipping is free, I’ll get as much of my stuff as I can online.
Just my little way of trying to avoid all of the insanity.
Great list. May I just add to the list – Stay away from Walmart! My wife and I went last year and were actually concerned over our safety. They always seem to have the best prices but there is a limit to getting a good deal.
John´s last post ..Increase eHow Earnings by 100% – SMART Goal Setting
Peter–these are great tips, but I think I’ll pass and leave the deals to everyone else. There’s something about pandemonium that doesn’t make for a successful shopping experience.
This time of the year, I limit my shopping to Monday and Tuesday evenings, when everyone else is home, licking their wounds from a weekend of pushing and shoving at the malls
Kevin@OutOfYourRut´s last post ..What Career Will You Have in “Retirement”?
We’ll be staying home this year as well – we just don’t have anything that we want or need on our shopping list this year. Well, actually, that’s not completely true – I’m going out to get a black friday deal on some new tires for my car. I’ll be saving $120 off of new tires by shopping on Black Friday for something I needed anyway – so why not! Plus, I don’t think the tire store is going to be THAT busy.