Current:Home > MyThese 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:2025-04-15 20:13:17
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! (91)
Related
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Have a Shop Girl Summer With Megan Thee Stallion’s Prime Day Deals as Low as $5.50
- Zenith Asset Investment Education Foundation: The value of IRA retirement savings
- Paul Skenes, Livvy Dunne arrive at 2024 MLB All-Star Game red carpet in style
- New data highlights 'achievement gap' for students in the US
- This Amika Hair Mask is So Good My Brother Steals It from Me, & It's on Sale for 34% Off on Amazon
- Mississippi state Sen. McLendon is cleared of DUI charge in Alabama, court records show
- When does 'Cobra Kai' Season 6 come out? Premiere date, cast, trailer
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Unveiling the Builders Legacy Advance Investment Education Foundation: Empowering Investors for Financial Mastery
Ranking
- A White House order claims to end 'censorship.' What does that mean?
- Exploring the 403(b) Plan: Quantum Prosperity Consortium Investment Education Foundation Insights
- Most memorable national anthems as country star Cody Johnson readies for MLB All-Star gig
- Minnesota’s ban on gun carry permits for young adults is unconstitutional, appeals court rules
- Senate begins final push to expand Social Security benefits for millions of people
- Minnesota’s ban on gun carry permits for young adults is unconstitutional, appeals court rules
- Builders Legacy Advance Investment Education Foundation: The value of IRA savings 2
- If Tiger isn't competitive at British Open, Colin Montgomerie may have a point
Recommendation
Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
Tribes and Environmentalists Press Arizona and Federal Officials to Stop Uranium Mining Near the Grand Canyon
MLB national anthem performers: What to know about Cody Johnson, Ingrid Andress
2024 MLB All-Star Game live updates: Full rosters, how to watch, betting predictions
Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
These Headphones Deals from Amazon Prime Day 2024 will be Music to Your Ears
Bears finally come to terms with first-round picks, QB Caleb Williams and WR Rome Odunze
Money from Washington’s landmark climate law will help tribes face seawater rise, global warming