How to get the best technology deals

February 12, 2012

In the market for a new piece of technology?  Well, read on… This article will tell you how to get the best deals and save a few bucks!  So, you’re in the market for a new digital camera perhaps? Or, how about a new laptop, or new TV?  Before you break the bank, here are a few tips that can help you save some cold hard cash and make you feel good about getting your product at the best price possible.

1. Know what you want. If you’re just starting your digital camera search, then take some time to figure out how you would use it.  For example, do you need a high optical zoom to capture your friend snowboarding down the highest peak at Mount Killington?  Or how about a water resistant / waterproof model for those lazy days on the boat.  Are you interested in a thin/compact camera that can slip into your back pocket and document the evening festivities (so that you can fill in the blanks the next morning ;-)).  Knowing what you want is an important first step of the technology buying process.  Once you’ve narrowed down your requirements, prioritize them, so you know what’s most important to you.

2. Set your price range.  Unless you have a ripe, ready to pick, money-tree in your back yard, chances are you need to set a budget.  It’s better to be honest and up-front about what you are able to spend on your new toy, rather than sulk in buyer’s remorse when the bill comes in.  Be practical, and set your budget so that you can get on with the buying process!

3. Investigate the market. Go to your local Best Buy, or tech store, and let the fun begin!  Now, armed with knowing what you want, and the price range you are willing to spend, your search can be focused, and deliver great results.  As a precursor to this step, you could begin your search online, and go to the store armed with the gadgets you want to check out.  In addition, you can find out which stores have the model you are looking for in stock.  Don’t be modest, this is a full-blown “see what’s out there” step.  Investigate via any medium you’d like, weather it’s checking with friends to see what they think, striking up conversation with a the store tech guru, or tip-typing your way over to Google, and kicking-off a general search like “best compact point and shoot digital cameras”.  Once you filter through the information, your have some real contenders to consider.

4.  Get the best price. Take your time; I always do with this step.  Once you know what you want, you can start whittling away the price.  Don’t rush because in most cases the price will drop the longer it’s be on the market.  This is because new technology is always coming out, and for the product to remain competitive for the buyer, it’s price is lowered. My favorite starting points for technology deals are TechBargains.com or SlickDeals.net.  These sites compile the latest technology deals, in one centralized place.  So, instead of searching at TigerDirect.com, NewEgg.com, or Buy.com, you can mosey on over to TechBargains, and it will tell you the best place to get that digital camera you’ve sought-after.

5. Pull the trigger.  Once you’ve secured the best price, it’s time to pull out the plastic, and bring home the goods.  Now, a few things to consider prior to this step.  If you’re buying online are tax and shipping charges going to throw your cost analysis through a loop?  Make sure these fees are added into consideration.  If you find a store online, that has the best price, and they actually have a physical retail environment (for example, AbesofMaine has a  store in Maine) than most stores will match their price.  Just take their ad into your local Best Buy, and ask for their price match guarantee.  (In some cases they may even give you an extra 10% off for finding a price lower than theirs!  If you’re in a pinch, and need to make the purchase quickly, try apps like SaveBenji’s to quickly compare prices from other competitors.

Hope these five easy steps have made your technology shopping experience better!  If you have tips of your own, we’d love to hear them! Leave your comments below.

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