efin63With holiday season now upon us, both brick-and-mortar and click-and-mortar retailers are preparing for what they hope will be the busiest shopping days of the year,

The Friday after Thanksgiving has been branded Black Friday while the Monday after Turkey Day has been dubbed  Cyber Monday. Still, many Internet e-tailers say the season’s top spending days could come much later, between Dec. 5 and Dec. 15.

Due to this year’s roller-coaster economic environment, a longer online holiday promotion period is also expected in order for retailers to try and win every last dollar they can from consumers. Macy’s had already began aggressive advertising this year in mid-November.

We’ve polled some of the Web’s top sites for bargain coupons, sweet as peppermint deals and smart savings strategies to help you make the most of your special shopping days starting with Amazon’s Cyber Monday coupons.

The Fathers of Invention! Mike Riddle came up with the idea for Black-Friday.net after waiting in line outside a Best Buy for hours in 2005 to get a television he saw in a Black Friday circular, only to be told once inside that the television had sold out.  Jon Vincent founded BlackFriday.info in 2005 after demands poured in for information on Black Friday sales at an online coupon site he also runs.

Take A Sneak Preview. If you are interested in checking out a scanned image of the Toys R Us Black Friday sales ad, feel free to click on this link to take a look at them. In order to take advantage of the Black Friday sales rush, Toys R Us is advertising a midnight opening for their Black Friday sales, which will take place at most of the Toys R Us stores starting at midnight on the night of Thanksgiving.

Cyber-Monday sales and coupons are also available to help you plan your online shopping list.  Another “hit list” for letting your computer mouse do the browsing and the buying is this Website.

When shopping online, practice Internet safety. Visit a store’s website at the direct address online.  Type out the URL yourself. Don’t click on links in emails, even if you think the email comes from a mailing list you signed up for.

Never send personal financial information via email such as credit card numbers, Social Security numbers or other sensitive data including logins and passwords. And when you are done with a transaction, completely sign out of your account.

If you can’t handle the thought of credit card increases, or if you can’t afford to pay the credit card in full, use cash.  Some people claim that you’ll spend less money when you use real dollars in place of  plastic.

According to Google Research, some 69% of shoppers plan to purchase gift cards this year.  Those can all be found online.

And don’t forget about the great deals you will find starting AFTER the holidays, on December 26th!

Got a shopping tip to share? Just jingle our bell!

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7 Responses to “Holiday Shopping: Tips for Black Friday and Cyber Monday”

  1. Jeff on November 25th, 2009

    You’ve whet my appetite for delicious shopping bargains. The trouble is I’m usually too full of turkey and stuffiing the day after Thanksgiving to get moving. Cyber Monday? Now that’s a different story!

    Reply

  2. Stephen on November 25th, 2009

    Thanks, Efinancial. A penny saved is a penny gifted.

    Reply

  3. Manny on November 25th, 2009

    I’ll be interested to see if America has its consumer confidence back this retail season, I have a feeling things will be less than stellar at shopping malls in some harder hit communities across America. And that’s not necessarily a bad thing. We should save more than spend this holiday season, shouldn’t we?

    Reply

  4. Antonio on November 25th, 2009

    Anything worth buying is worth buying on sale!

    Reply

  5. Elise on November 26th, 2009

    Hello Efinancial Smart Shoppers,

    Here’s a schedule of BlackFriday Sales for Tonight & Early Friday Morning

    * 3:00am EST (12am PST): Walmart.com will put their Black Friday ad online.
    * 5:00am EST (2am PST): Sears.com will put their doorbuster ad items online.
    * 6:00am EST (3am PST): Staples.com will put their Black Friday ad online.
    * 6:00am EST (3am PST): OfficeDepot.com will put their Black Friday ad online.
    * 7:00am EST (4:00am PST): Kmart.com will put their full Black Friday ad online.

    Reply

  6. Jane on November 26th, 2009

    According to the National Consumer’s League, credit cards are the safest way to shop online — you are liable for $50 maximum if you are billed a fraudulent charge.

    If you are dissatisfied with the Web site’s service or the products delivered, using a credit card gives you some recourse. Since the credit card funds are not immediately withdrawn from your account, you can dispute a charge using all the muscle of Visa, Amex or MasterCard.

    Reply

  7. Zac on November 27th, 2009

    For good advice on Black Friday “deals” there are a few more gems at http://www.crunchgear.com/2009/11/25/the-5-rules-of-black-friday/

    Reply

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