Gadgets are some of the most hotly sought after items on Black Friday and Cyber Monday. And whether you're brave enough to venture in store or prefer to browse online, there's competition to snap up the best deals before they're gone.
But are the gadget deals worth the wait? We take you through the savings you could face and how to prepare for the big day.
What is Black Friday and Cyber Monday?
Black Friday and Cyber Monday are two US shopping extravaganzas that have made their way over to the UK. Black Friday – falling on 25 November – is traditionally is a day for stores to slash their prices, while Cyber Monday – landing three days later – sees reductions take place online.
Recently, the lines have started to blur between the two sales as retailers now reduce stock online for Black Friday as well, meaning we’re likely to see a whole weekend of deals. You can find out more about Black Friday here.
Is it worth the wait?
Typically, yes. There can be some good bargains available on both Black Friday and Cyber Monday. In previous years, retailers have slashed the prices of smartphones, televisions, laptops and games consoles like PlayStation 4 and Xbox One.
A number of big name retailers take part in both sales, including John Lewis, Argos, Currys and Tesco – Amazon will only take part in Cyber Monday. And as we mentioned, Black Friday is no longer just one single day. Retailers can start the sale earlier than expected or stretch it out to last a whole week.
Are there any preview deals?
Some retailers release a preview of the deals before they go on offer – that way, you can plan what you want to buy and budget for it in the meantime.
You can see the information released by gadget retailers below:
Sign up for newsletters or make an account with retailers to get access to deals ahead of other customers. Just remember to unsubscribe afterwards if you no longer want to receive these emails.
How should I prepare for the day?
Take note of the following tips in preparation for the big day.
• Follow your favourite brands on Facebook, Twitter and Instagram. All verified accounts will show a blue tick. Remember though, not all legitimate companies are verified so check the amount of followers/likes.
• Save money by signing up to cashback apps like TopCashBack and Quidco – you can read more about this in our blog.
• Bookmark any preview deals that you like the look of. This will help you compare prices quickly later on. All web browsers have a bookmark function that you can delete afterwards.
• Use websites like PriceRunner to compare gadget deals. Or use the shopping tab on google to quickly compare prices.
• Consider using your credit card to pay for purchases over £100 to receive protection from Section 75 of the Consumer Credit Act.
• Make sure you don't fall for an online scam by reading our online safety tips for Black Friday and Cyber Monday.
And lastly, set up a budget of what you can afford to spend on the day and stick to it. Otherwise, it can be very easy to get carried away!
One last thing
Don't forget to cover your new gadget with competitive gadget insurance. At thinkmoney, we offer gadget insurance from £5.49 a month and cover a range of different devices. We'll cover you for theft, accidental damage and a cracked screen as standard.
Buying multiple gadgets? Remember, we offer a £2 discount on every gadget you buy after your first.