Wednesday, April 23, 2008

Shopping around online

I thought it might be useful to give an example of how much money can be saved by being a savvy shopper when buying an Apple iPod nano MP3 player in silver.

My starting place for buying the iPod player is Apples online shop where the price including VAT is £129 and this also includes free shipping but surely I can buy it cheaper elsewhere?

The easiest way of shopping around is to use price comparison websites which compare the prices available from a variety of online shops. It is important to note that comparison sites do not list all online shops but they do give a good indication of the best price.

One of the most popular price comparison sites is Kelkoo so a quick visit to their site and once I have entered the details in their search box I can quickly see that best price for a new iPod is £108 including free postage and packaging from Best Priced Brands and the next cheapest was £117 from 1staudiovisual, whilst the most expensive was £138.48 from Audio Mania. Buying from Best Priced Brands would save me £21 compared to Apple which is a whopping 16% saving.
A quick look at some of the cashback websites such as Topcashback and Cashbackkings showed that neither Best Priced Brands nor 1staudiovisual offered any cashback deals. Apple was shown as giving 3% cashback if I bought through Cashbackkings which would save me £3.97 if I wanted to buy direct from Apple.

It is therefore possible to save quite a bit of cash by using price comparison sites to shop around for the best deal and the £21 saved can go against the cost of downloading some itunes to play on the iPod.