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Explainer: Do not do unnecessary shopping in the greed of bumper discounts during festivals, if you understand the math of discounts, you will be confused

This year Shardiya Navratri is starting from 3rd October. With this, the series of festivals will also start across the country. Like other countries of the world, people of India also do a lot of shopping during festivals. During festivals, many small and big companies and shopkeepers come up with various offers so that customers of all classes can be attracted and they can be motivated to shop. But while shopping during festivals, many things should be kept in mind, otherwise some of your mistakes can fade the happiness of your festival.

Threat of cyber fraud
During festivals, many companies of the country and abroad bring great offers for customers, which are promoted through TV, newspapers, social media, e-mail, SMS. In such a situation, cyber fraudsters also become very active and they try to trap people through links with fake offers on SMS and e-mail. To avoid such situations, always be cautious and do not click on the links with offers coming from any unknown number or e-mail address.

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Be sure to cross check the prices

During festivals, people are very excited about shopping. This excitement is so much that people forget to compare prices and then later when they come to know that the goods they have bought for Rs 1000 were available at another place for only Rs 500-600. In such circumstances, they have no other option but to regret. Therefore, before shopping during the festive season, get information about its price at different places. Many times it also happens that the goods which are available online for Rs 1000, are easily available at local shops for Rs 500-600.

How do companies offer bumper discounts? During festivals, big e-commerce companies and big vendors offer discounts of up to 80-90 percent to attract customers. But have you ever wondered how a company gives such a discount on a product? Actually, this is a kind of trap in which these companies trap customers. E-commerce companies and vendors plan these discounts together. Companies manufacturing goods can also be included in this. Suppose a company named ABC launches a new product, which is priced at Rs 100. But another company is selling the same product for Rs 20. Now this company will make a deal with an e-commerce company. Under the deal, the e-commerce company will demand a comparatively lower commission for selling ABC’s goods. Now in the name of festival sale, the e-commerce company will tell that it is giving a discount of 70 percent on this ABC product. People will feel that they will never get a better deal than this. In such a situation, they will rush to buy that product and along with ABC, the e-commerce company will also earn a lot of money.

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Stay away from unnecessary shopping

During festivals, it is very common to see that people spend a lot of money on such purchases which are not actually needed. Unnecessary shopping not only spoils your budget but also has a very bad effect on your savings. In this, you also have to keep in mind a very important thing that you have to buy only the things you need, do not buy something that you do not need by looking at another person. Actually, it is seen that when the neighbor’s TV got damaged, he bought a new TV, seeing which you spent a large amount in buying a new TV despite having a TV.

Use credit card wisely
During festivals, amidst the heavy shopping, credit card is also used a lot. Many e-commerce platforms in collaboration with banks offer various offers on shopping, due to which people also make unnecessary purchases. First of all, you have to keep in mind that you do not have to buy unnecessary things. After that, you also have to keep in mind that use the credit card only as much as you can easily pay the bill because banks recover the bill by levying heavy interest on delay in credit card bill. If you delay in paying the bill, then it can also spoil your credit score, due to which you may have to face many problems in future.

Take special care of quality

During festivals, old, poor quality and bad goods are sold in large quantities in the crowd of buyers. Shopkeepers misuse this crowd and sell poor quality and bad goods to customers without hesitation. In such a situation, you should be careful that whatever goods you are buying, it should not be spoiled and its quality should be good. Do not hurry at all while shopping and take full time to check the goods.

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Be careful while shopping online
All e-commerce platforms have made major changes in their return, exchange and refund policies. In such a situation, whenever you take delivery of any of your goods, check it thoroughly. If any kind of defect is found in the goods, do not take it at all and return it immediately. Try to choose the cash on delivery option for online shopping. Many times, if there is any problem related to the order after making the first payment, then e-commerce companies are very reluctant to give refund. Shop from local shops for small things.