Black Friday 2017: 5 tips that will help you to get the best deals

To make shopping even more convenient, some shops have already announced that they will start releasing offers in advance.

Black Friday 2017
Shoppers walk past a store promoting "Black Friday" in London, Britain November 27, 2016. Reuters

Black Friday, the biggest bargain hunting festival returns to Singapore on 23 November as traders bring in their biggest deals and offers post the Thanksgiving Day. Like every year, the shops have already planned some exciting offers for Singaporeans as they join the Black Friday bandwagon.

With every year, the Black Friday sale has grown in prominence and has made online shopping easier. To make shopping even more convenient, some shops have already announced that they will start releasing offers in advance. So, as you proceed to complete your bucket list on this annual American retail shopping bonanza, IBTimes Singapore brings you a few tips that will help you to complete your shopping list in an easy way.

Prepare a budget

Amid all the crazy discounts, it is very easy to get carried away if you don't set a spending limit for yourself on this Black Friday. Even if something is heavily discounted it could still be outside your budget or may not be that important for your needs. Thus, it's always necessary to work out a budget so that you have a clear idea of what you can afford to spend. But, make sure that you stick to it.

Do your research thoroughly

This year, the Black Friday sale is going to be even bigger and sellers would obviously try to lure people by giving exciting offers in every possible way. Now, the most challenging part is to know the best deal. So, if you have a particular purchase in mind, do your research and be prepared to shop around to get the best price. You should have a figure in mind that you are willing to spend, and check online for comparison prices.

Consider how you're paying

As you are planning to purchase things on this Black Friday, it can be a good idea to pay for items using your credit card because this can provide you with an extra layer of protection if things go wrong. But, make sure that you pay if off and don't put yourself into huge debt.

Know your rights

While you indulge yourself into the upcoming shopping bandwagon, make sure that you are aware of all the consumer rights. According to the Consumer Rights Act, the goods should be of satisfactory quality and fit to do the job intended after purchase. It also adds that the products should last a reasonable length of time. You will have the right to report within 30 days from the date of your purchase.

Think for long-term usage

Christmas will be coming in some more days and there will be a number of shops that will put up deals for the festive season. You can get offered vouchers or bonus points for the upcoming festivities on all your purchases and you can use those vouchers towards Christmas shopping later down the line. In addition to all these, you might also land up getting loyalty bonuses on top of regular points too.