When it comes to store closeout sales, it elicits a lot of feelings. That is disappointment from the loyal customers and sympathy for its employees; there can also be sparks of excitement among the bargain hunters. Let’s look at some tips when it comes to shopping at store closeout sales.
- Check the return and warranty policies
In most cases you will find products sold in store closeout sales are non-refundable. There tends to be a high urge of purchasing items, taking advantage of the deals. It’s therefore essential that you ensure that you really need an item before purchasing it.
Product warranty is in most cases handled by manufacturers or third parties; it best that you ask before purchasing.
- Price compare
When it comes to store closeout sales, they are not automatically great deals. You should therefore look for the price from other retailers of the same product; for instance having $100 off an item is not worth it considering you won’t be able to return it if it not functioning effectively.
- Consider the price-match option
You can be able to find stores matching competitor’s prices, you can therefore ask a non-closing competitor to honor the price of an item at a store closeout sale. You therefore are able to access closeout sale price and the services that come when the business is still operational.
- Shop with your gift card or credit card
Do you have a gift card to the store that is closing? Then ensure that you utilize them while you still can, especially if there aren’t any other such shops nearby. Closing stores are required to honor gift cards, in the event that retailers are in bankruptcy. They ought to honor gift card holders as among the creditors to be paid off.
- Ask about closing date and discount schedule
Store closeouts sales in most cases start with a small discount, which gets better as the store gets close to its closing date. This factor is especially important as you do not want to go for a product at 50% off only for the product to reach 75% off. This however is a gamble as you need to weigh the popularity if it will still be available.