The start of the Fall season and the holidays mean so many things to a wide variety of people. The majority of consumers though understand this season to be a time of harvests, shopping, family gatherings, and happy memories. Although, some memories might not be so happy for a few. But like anything in life, how much you put into something will reflect what you get out.
September was the time to launch your plans for the season as some retailers have started to show their expectations for seasonal shopping. Many chains have indicated they intend on hiring more personnel this year and holiday sales will probably start early as well.
If you did not take an early position to develop a plan to cover all the gifts you want to send out this year, the time to plan is now. Yes making the list and checking it twice or maybe even thrice is the best answer.
Border’s book stores plan to open around 25 temporary stores to handle projected consumer demand. This seems to indicate that retailers will be competing hard for your dollars like never before. So as a smart shopper you’ll need to lay out your best plan to maximize your buying transactions. Do not just wait and see, be ready. So what should you do first?
The first thing to do is determine a budget. We all know that when times are tough that might sound like a joke, but consider what your shopping list would look like. Start asking questions now and discover potential wish list items. The shopping list could be for grocery items or even cool or cold weather clothing. Electronics are always high on the list.
The most important thing to do at this point is to set aside as much as you can and do not touch that fund no matter what. The credit cards are for emergencies and even then you should think long and hard before using them.
Once you have an idea of what you would like to buy and you have set some money aside, start looking for sales. Black Friday should be incredible this year. Once the circulars are released for the stores you are interested in, map out the sale locations based on the best deals or by the items you need.
Once you have your shopping plan, recruit some help because many of the best deals will go quick. Depending on your list you may need to do some extreme shopping like getting in line at 5 a.m. So make a day of it.
Remember, your efforts will not go unnoticed by your family.
Bosman, J. (2010). Borders to Open 25 Temporary Stores for Holiday Sales. Nytimes.com