Holiday Shopping 2020: 5 New Ways to Save $1,000+

Holiday Shopping 2020: 5 New Ways to Save $1,000+

Holiday shopping 2020 is about to get real. Retailers have struggled in 2020 and they’re eyeing this holiday season as an opportunity to bring in some cash. Sadly, you and me are the marks. They’ll follow all the usual tricks to lure us into spending more — bundle and BOGO deals, the loss leader trap, and pricing everything so that it ends with $0.99 so it seems cheaper than it actually is. How do you feel about turning the tables, maybe saving hundreds or even $1,000 on your winter shopping? Here’s a look at how to save money on holiday shopping 2020, and it’s all based on a little insider knowledge that’ll give you the leverage you need to make some deals. Crazy high markups on fashion and beauty So, let’s talk about markup. Markup is an amount that’s added to a product’s price over and above its cost. It covers overhead and profit for the retailer. In my opinion, markup in itself isn’t evil — businesses exist to make money after all. If retailers and brands want to quadruple prices to fund their profits, that’s their choice. But that doesn’t mean that we as consumers have to accept that...

...read more at Holiday Shopping 2020: 5 New Ways to Save $1,000+. This is an original post from Budget Fashionista.