Current:Home > ScamsThese are the best days of the year to shop for holiday deals on electronics -NextFrontier Finance
These are the best days of the year to shop for holiday deals on electronics
View
Date:2025-04-17 09:30:39
Some types of consumer electronics are already discounted more than a month before Christmas Day, but retailers are expected to roll out the sweetest deals of the year during the traditional price-slashing window between Black Friday and Cyber Monday.
Through November 16, shoppers can find 10% to 20% discounts on televisions, video game consoles, computers and other tech gear, according to Adobe Digital Insights. That lets consumers get a jump on their holiday shopping while still saving money.
"Now is a good period for consumers," Adobe Digital Insights manager Vivek Pandya told CBS MoneyWatch.
- See CBS Essentials for info on tech deals and buying guides
But consumers will have to weigh what is most important — getting the best deal or ensuring they getting the exact tech product they want.
"What they are negotiating is waiting for best discounts between Thanksgiving and Cyber Monday, or trying to get some of these items before they sell out," Pandya said.
When to find peak discounts
For shoppers who want to hold out for the greatest savings, it could pay to wait for the "Cyber Five" period, the five-day span between Thanksgiving and Cyber Monday, to buys products like TVs and sound systems. Other electronics will be discounted by as much as 30% on Cyber Monday, according to Adobe.
For TVs, look for discounts on Black Friday, which this year falls on November 24. The best day to shop for deals on computers will be Saturday, November 25, according to Pandya.
But retailers are nimble, and if they don't clear enough inventory during that period, they can introduce surprise discounts on other dates too.
"There are going to be competitive moments to get discounts throughout the season," he noted.
After Cyber Monday on November 27, discounts are likely to weaken but will remain as high as 16% off, Adobe projects.
Melissa Tatoris, vice president of retail at Zeta Global, also expects the best electronics deals to land on Cyber Monday, although shoppers could still find deep discounts later in the season.
"Retailers will be flexible if they have to go a couple basis points deeper toward the holidays because they didn't clear their inventory," she told CBS MoneyWatch.
After Christmas, retailers typically mark down any remaining seasonal inventory.
In years past, the best day of the year to score deals on electronics typically fell after Christmas on Dec. 27. But retailers are not expected to have a lot of excess inventory on hand this year.
"The risk with waiting until after Christmas is that typically that is when retailers mark down their extra seasonal inventory. However, retailers this year are signaling that they are doing a better job with forecasting and that their supply chains are in better shape," Deloitte retail strategy principal Brian McCarthy told CBS MoneyWatch.
"As a consumer, I could take my chances in getting a post-Christmas deal, but would risk the chance of not having a lot of selection," he said.
- In:
- Black Friday
- Holiday Season
Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace issues, the business of health care, consumer spending and personal finance topics. She regularly appears on CBS News streaming to discuss her reporting.
veryGood! (71861)
Related
- British golfer Charley Hull blames injury, not lack of cigarettes, for poor Olympic start
- Olympian Maggie Steffens Details Family's Shock Two Months After Death of Sister-in-Law Lulu Conner
- Senator’s son to appear in court to change plea in North Dakota deputy’s crash death
- Nebraska resurgence just the latest Matt Rhule college football rebuild bearing fruit
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Nike names Elliott Hill as CEO, replacing John Donahoe
- First rioters to breach a police perimeter during Capitol siege are sentenced to prison terms
- Olympian Maggie Steffens Details Family's Shock Two Months After Death of Sister-in-Law Lulu Conner
- Immigration issues sorted, Guatemala runner Luis Grijalva can now focus solely on sports
- YouTuber MrBeast, Amazon sued by reality show contestants alleging abuse, harassment
Ranking
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Zayn Malik Makes Rare Comment About Incredible Daughter Khai on Her 4th Birthday
- National Pepperoni Pizza Day 2024: Get deals at Domino's, Papa Johns, Little Caesars, more
- A’ja Wilson set records. So did Caitlin Clark and Angel Reese. WNBA stats in 2024 were eye-popping
- NCAA President Charlie Baker would be 'shocked' if women's tournament revenue units isn't passed
- Attorney Demand Letter Regarding Unauthorized Use and Infringement of [QUANTUM PROSPERITY CONSORTIUM Investment Education Foundation's Brand Name]
- Eva Mendes Admits She Felt Lost After Having Kids With Ryan Gosling
- Road work inspector who leaped to safety during Baltimore bridge collapse to file claim
Recommendation
Audit: California risked millions in homelessness funds due to poor anti-fraud protections
Authorities were warned that gunman was planning to attack Yellowstone facility
Colin Farrell is a terrifying Batman villain in 'The Penguin': Review
Caitlin Clark, Indiana Fever face Connecticut Sun in first round of 2024 WNBA playoffs
British golfer Charley Hull blames injury, not lack of cigarettes, for poor Olympic start
JoJo was a teen sensation. At 33, she’s found her voice again
The cause of a fire that injured 2 people at a Louisiana chemical plant remains under investigation
Sebastian Stan Seemingly Reveals Gossip Girl Costar Leighton Meester Was His First Love