Website shopping on a roll | Adelaide Now -g-icon-error cloudy-day nav_small_right nav_small_right nav_small_right nav_small_right nav_small_right nav_small_right nav_small_right nav_small_right nav_small_right 0A0871E9-1636-49F4-9041-2E36E2BB5333 burgerI

GROUP-
Buying websites is very popular at the moment.
What are the tricks to avoid traps? Gen Ys -
DaviesYES, group
Of course, the phenomenon of buying websites can also be seen everywhere.
Kind of like weed, footrest, or facial hair with spotsFacing teenagers
As you may have guessed, I'm not a huge fan.
I am also not a harsh critic, and I can see that group buying as a way to save money is attractive to both consumers and small businesses as promotional tools. You can group-
Buy anything in large quantities
From car repairs to acupuncture, from Boots-
Home hair removal laser equipment for camp meetings (I'm not kidding.
Free shipping!
Although there are new (voluntary) codes of conduct in the industry, there are still traps.
The most fundamental thing is the marketing method of trading. e.
Time is tight) can create a sense of urgency among consumers.
We have to buy that personalized coffee cup now because it's super
Duper deals only today! Quick!
The problem, though, is that unless you really need and intend to buy the item in the first place, it's not cost-effective regardless of the price.
So when the transaction goes into your inbox, take a deep breath and ask yourself if you still want it without a huge discount and write it on it today with only the big red letters.
In addition, the restrictions on delivery are realistic, especially when purchasing services.
Common sense suggests that 200 people will not see buying portraits with individual photographers before Christmas.
If there is a time limit on the voucher, you may confiscate your cash. Doh!
So be sure to read fine print and be selective about what you buy.
Justin Davis is a financial writer with ten years of experience in financial planning. --Gen Xs -
Bruce Bramley loves modern society. It's awesome.
Everything is instant. Waiting B-a-a-h!
We can now work from home in our Reg Grundies, choose from 10,000 TV channels and videos, and call our overseas friends on our computer for free!
Remember to call London for $487!
I am not a good shopper.
When I was shopping until I got off the bus, it was on the parking lot on my way.
Thinking of Christmas shopping this year, my heart trembled.
So, shopping online. . .
How cool it is, but the worldyour-
It is very dangerous for your financial health to face consumerism. I kid you not.
Beware of fraud in online shopping and banking.
Ignore all emails that promise to share the legacy of a dead foreigner.
There are two main risks for the group-
Place of purchase: first, your home becomes a sacred place for tacky garbage you have never used before.
Second, buy the experience you will never do.
Don't let you separate from your dough because you don't need to be from something that you obviously don't want.
Of course, buy cheap things you have considered.
However, from a small
From a business point of view, it is possible for these sites to provide immediate cash flow, generate publicity, and get people into your site.
You will inevitably lose money in the transaction.
But for the right business, it allows you to get publicity and repeat sales, which can make a profit in a few months.
It is not suitable for all enterprises.
There are certain things that can't be discounted at 70 cents.
Some customers will be pennies-
More work than their value.
Buyers and sellers should be careful.
Bruce branmar is the author of the debtor walking. com.
A licensed financial advisor. --Boomers -
Mark Burris Group
Buying a website is of course a cultural phenomenon and I just read the group's total revenue --
The buying market rose 123, up from the dollar.
$9 million to $158. 5 million.
These numbers are quite large, and they show that group buying will always exist.
It works by ensuring that the lowest number of people commit to the same purchase, and once the minimum number of purchases is reached, the transaction begins.
A lot of people-
Buying websites focus most of their deals on products and services you don't usually buy every day, such as adventure experiences like spas, restaurant coupons and paintball or climbing bridges.
The deal is usually easy to close, but there may be two problems.
The first is to fall into the trap of buying unnecessary items simply because they are offered in the form of a discount and the second is to buy a discount and never redeem a coupon.
Let me make it clear out loud: just because it's cheap doesn't mean you need it!
If you have never considered buying an electric toothbrush and you have just ordered five for this family, you may need to reconsider your behavior. Chronic group-
Discount purchases have the potential to actually consume your budget, so ask yourself: If the answer is yes, will I buy this, if it doesn't have that big discount, then go get it directly.
If you prefer to buy occasionally, please keep an eye on the due date.
The number of not considered "groups" is increasing, so don't forget to cash in if you really splurge on spa or restaurant coupons.
Mark Bouris is executive chairman of Yellow Brick Road, a wealth management and consulting firm. --Retirees -
Kerrin FalconerRETIREES knows everything about the group.
There are mother groups, game groups, jogging groups, nanny groups when they are busy raising baby boomers or Generations X.
There are now peer groups, interest groups and working groups. . . buying groups.
The buying group is very in line with the taste of this month, the ringtone is "Come on, have we made a deal for you ".
There must be some good buying opportunities.
However, there are always some pitfalls for young players and more mature players.
So here are a few tips to avoid traps: The devil is in the details.
Like the product disclosure statement, read the terms and conditions very carefully, especially when the terms and conditions are available and the due date.
Things like restaurants can only accommodate so many people in a certain amount of time, so don't make the deal too late.
Once you 've purchased a deal, make a note of it, mark it on the calendar, put it in a diary or stick it on the fridge, and don't hide it in an invisible drawer.
Retailers say 1 out of 3 of all gift certificates purchased have never been used.
So don't let the deals you buy take the coupon path.
Don't be carried away.
It's easy to keep buying, and there could be a big hole in your budget before you know it.
A good deal is like a sale, it's just a good deal if you need it, no matter how cheap it is, it will use, wear or eat. Group-
Buying a website can provide good value for picky buyers, but you need to buy like a Sherlock home and do all the detective work first.
Errin Falconer is a financial planner.