These days, many people are more hesitant to spend money. The current economic environment has made many of us think twice about how we dole out our cash. Here’s some good news: You don’t have to sacrifice your favorite brands to save money.
If you make strategic shopping moves, you can buy the brands you love for a more affordable price. Shopping at outlet stores could allow you to stretch your shopping budget further. Find out how to save money by buying your favorite brands at outlet stores.
Shop for deals in-store or online
I used to think of outlet stores as retailers you only passed on road trips. But there may be physical outlet stores not too far from where you live, meaning you can shop without planning a faraway vacation.
I recently learned about an Anthropologie Home Outlet near my home. This outlet retailer has furniture, rugs, light fixtures, hardware, artwork, glassware, and other household goods for sale. Some products are samples, overstock, returns, or slightly damaged merchandise the retailer can’t sell in regular stores.
Even if your favorite retailer doesn’t have a physical outlet store nearby, there may be an online outlet store for you to shop. Many outlet retailers provide online outlet stores that ship directly to your home.
Here are a few examples of popular outlet retailers:
- Adidas
- Apple
- Birkenstock
- Ecco
- Eddie Bauer
- Fossil
If luxury retailers interest you, here are a few examples of luxury retailers with outlet stores:
- Burberry
- Golden Goose
- Gucci
- Michael Kors
- Valentino
Does your favorite retailer have outlet stores? A quick Google search can lead you to savings.
There’s something for everyone, whether you’re looking for home goods, clothes, accessories, or electronics. When shopping at outlet stores, you can earn valuable rewards by paying for your purchases with rewards credit cards.
Not every outlet store deal is worth it
Before you rush to fill your cart with outlet store finds, here’s something to consider. Many brands have the same items and send them to the outlets because of an overstock or an off-season situation. You can save big with these finds and get the same quality you love.
However, some brands make clothes exclusively for outlet stores, and these items may be made from cheaper materials or labeled with a discount similar to the original price — making them not a great win for your wallet.
When shopping at a physical outlet store, you’ll want to take a few extra moments to ensure you get a good deal. You can also be mindful of the quality of the merchandise you want to buy. You can ask an employee at the store if the merchandise was made for an outlet.
Another way to decide is to take out your phone and compare outlet pricing to online prices. If you’re shopping online, you can easily compare the merchandise prices and even check if the brand sells the same product on its regular website.
Some outlet stores promote additional sales. You can check outlet store websites and social media accounts to learn more about current sales. You could keep more money in the bank by planning your outlet store trips around sales.
You can find great deals when shopping at outlets. If you’re shopping at an outlet retailer, in-store or online, honoring your budget and sticking to your shopping list is essential. You don’t want to rack up expensive credit card debt because you spent more than you can afford.
Remember to research prices online to ensure you’re getting a deal. It’s also wise to ensure you’re not being sold an outlet-exclusive item that might be of lesser quality. Getting a good deal on clothes, accessories, and other goods can benefit your personal finances.
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