We all love a bargain, don't we? The thrill of nabbing a high-quality item at a price significantly lower than the original tag is a joy that never gets old, especially for us savvy shoppers.

According to industry experts, shoppers can expect numerous opportunities to experience the joy of discounted shopping in the upcoming months.

The end-of-financial-year sale season has wrapped up, but don't worry if you missed out on it.

Sales and discounts are a popular marketing strategy employed by businesses to attract customers, offering reduced prices or promotional offers on products or services, providing an opportunity for consumers to save money and obtain desired items at a more affordable rate Image by tamanna_rumee from unsplash

Shopping and retail expert Angus Kidman from Findr provides some wise words, 'People who are buying things without a discount are probably doing it wrong – you should always be able to get yourself a bargain.'

Australian Retail Association (ARA) predicts a boom of big discount promotions looming on the horizon due to decreased disposable income.

The recent 0.7 per cent increase in retail turnover in May, as presented by the latest ABS data, is not all rosy as it appears.

According to ARA CEO Paul Zahra, 'What happened in May is those sales were brought on early. A lot of retailers started to panic and started to discount early to try to stimulate sales.'

The sectors of clothing, footwear, and personal accessories experienced a dip of 0.6 per cent (a significant loss of $18.5 million) in May. Even turnover in department stores was down by $10.3 million.

While this spells sour news for retailers, it could mean significant savings for savvy shoppers.

These limited-time deals and incentives not only incentivise purchases but also create a sense of excitement and urgency, encouraging consumers to take advantage of the discounted prices while they last. Image by Markus Spiske for CouponSnake from Unsplash

Zahra explains, 'In tougher times, which is what we're seeing right now, retailers will work really hard to give better deals to get customers to spend and part with their money.'

It isn’t just tough times causing the flurry of discounts; excess winter stock and the increasing cost of warehouse rent are also affecting the retail landscape.

Graeme Hughes from the Griffith Business School elaborates, 'Getting rid of some of that stock in the warehouse is a priority for a lot of retailers at the moment, so we'll see a lot of activity not only in department stores but also online.'

Mark your calendars, everyone! Exciting shopping events are on the horizon.

This month, Amazon Prime Day (July 11-12) will entice Amazon Prime customers with a massive 48-hour shopping extravaganza, featuring substantial discounts on thousands of products.

But the savings don't stop there. In September, AfterPay Day will provide further opportunities to snag fantastic deals.

Then, brace yourselves for Singles Day and Black Friday in November, promising even more chances to score incredible bargains.

These events offer an array of discounts and promotions that savvy shoppers won't want to miss.

And while we're planning ahead, let's talk about Christmas.

It might seem early to even think about Christmas shopping, but trust us—starting your shopping during sales periods and taking full advantage of promotional activities can save you a lot of money in the long run, especially considering the rising cost of living.

Key Takeaways

• Experts predict big discount promotions from retailers in the coming months due to dwindling disposable income.
• The Australian Retail Association (ARA) predicts an increase in discount activity from now until Christmas as brands combat a spending slump.
• Experts believe the next few months to be the best time for consumers to take advantage of sales.
• Notable upcoming sales include Amazon Prime Day in July, Afterpay Day and Single's Day in September, and Black Friday in November.

We encourage you to keep an eye out for these sales and grab those value-laden deals as they come!

Are you eagerly anticipating the upcoming sales and discount promotions mentioned? Are there any particular shopping events or periods you're looking forward to taking advantage of? We'd love to hear about your excitement and plans for maximising savings during these opportunities.

 

[Suzanne rose]

Savings are amazing but we have to remember a good savings is only if we really needed that item in the beginning, not just buying it because it's on sale.

I have actually unsubscribed to certain women clothes stores so I won't receive emails and be tempted.

As I said it's only a good sale if you actually needed / wanted it

 

[Col@45]

Savings are amazing but we have to remember a good savings is only if we really needed that item in the beginning, not just buying it because it's on sale.

I have actually unsubscribed to certain women clothes stores so I won't receive emails and be tempted.

As I said it's only a good sale if you actually needed / wanted it

Absolutely right !!

 

[Staffordshire Whippet]

Well, THAT's a "Duh!" story.

 

[Skeeta22]

Savings are amazing but we have to remember a good savings is only if we really needed that item in the beginning, not just buying it because it's on sale.

I have actually unsubscribed to certain women clothes stores so I won't receive emails and be tempted.

As I said it's only a good sale if you actually needed / wanted it

I have also done this and have saved a significant amount by not being tempted by things I WANT only purchasing what I NEED

 

[Loubeauxarts]

Always helps to write down what you want or need and then, when the sales come along, you're less likely to impulse buy. I find that writing lists in longhand helps commit things to memory...

 

[Lynjw]

We all love a bargain, don't we? The thrill of nabbing a high-quality item at a price significantly lower than the original tag is a joy that never gets old, especially for us savvy shoppers.

According to industry experts, shoppers can expect numerous opportunities to experience the joy of discounted shopping in the upcoming months.

The end-of-financial-year sale season has wrapped up, but don't worry if you missed out on it.

View attachment 24381

Sales and discounts are a popular marketing strategy employed by businesses to attract customers, offering reduced prices or promotional offers on products or services, providing an opportunity for consumers to save money and obtain desired items at a more affordable rate Image by tamanna_rumee from unsplash

Shopping and retail expert Angus Kidman from Findr provides some wise words, 'People who are buying things without a discount are probably doing it wrong – you should always be able to get yourself a bargain.'

Australian Retail Association (ARA) predicts a boom of big discount promotions looming on the horizon due to decreased disposable income.

The recent 0.7 per cent increase in retail turnover in May, as presented by the latest ABS data, is not all rosy as it appears.

According to ARA CEO Paul Zahra, 'What happened in May is those sales were brought on early. A lot of retailers started to panic and started to discount early to try to stimulate sales.'

The sectors of clothing, footwear, and personal accessories experienced a dip of 0.6 per cent (a significant loss of $18.5 million) in May. Even turnover in department stores was down by $10.3 million.

While this spells sour news for retailers, it could mean significant savings for savvy shoppers.

View attachment 24382

These limited-time deals and incentives not only incentivise purchases but also create a sense of excitement and urgency, encouraging consumers to take advantage of the discounted prices while they last. Image by Markus Spiske from pexels

Zahra explains, 'In tougher times, which is what we're seeing right now, retailers will work really hard to give better deals to get customers to spend and part with their money.'

It isn’t just tough times causing the flurry of discounts; excess winter stock and the increasing cost of warehouse rent are also affecting the retail landscape.

Graeme Hughes from the Griffith Business School elaborates, 'Getting rid of some of that stock in the warehouse is a priority for a lot of retailers at the moment, so we'll see a lot of activity not only in department stores but also online.'

Mark your calendars, everyone! Exciting shopping events are on the horizon.

This month, Amazon Prime Day (July 11-12) will entice Amazon Prime customers with a massive 48-hour shopping extravaganza, featuring substantial discounts on thousands of products.

But the savings don't stop there. In September, AfterPay Day will provide further opportunities to snag fantastic deals.

Then, brace yourselves for Singles Day and Black Friday in November, promising even more chances to score incredible bargains.

These events offer an array of discounts and promotions that savvy shoppers won't want to miss.

And while we're planning ahead, let's talk about Christmas.

It might seem early to even think about Christmas shopping, but trust us—starting your shopping during sales periods and taking full advantage of promotional activities can save you a lot of money in the long run, especially considering the rising cost of living.

Key Takeaways

• Experts predict big discount promotions from retailers in the coming months due to dwindling disposable income.
• The Australian Retail Association (ARA) predicts an increase in discount activity from now until Christmas as brands combat a spending slump.
• Experts believe the next few months to be the best time for consumers to take advantage of sales.
• Notable upcoming sales include Amazon Prime Day in July, Afterpay Day and Single's Day in September, and Black Friday in November.

We encourage you to keep an eye out for these sales and grab those value-laden deals as they come!

Are you eagerly anticipating the upcoming sales and discount promotions mentioned? Are there any particular shopping events or periods you're looking forward to taking advantage of? We'd love to hear about your excitement and plans for maximising savings during these opportunities.

I rarely pay full price but even the discounted prices are creeping up