Current:Home > MyThese are the best days of the year to shop for holiday deals on electronics -CapitalWay
These are the best days of the year to shop for holiday deals on electronics
View
Date:2025-04-27 19:19:42
Some types of consumer electronics are already discounted more than a month before Christmas Day, but retailers are expected to roll out the sweetest deals of the year during the traditional price-slashing window between Black Friday and Cyber Monday.
Through November 16, shoppers can find 10% to 20% discounts on televisions, video game consoles, computers and other tech gear, according to Adobe Digital Insights. That lets consumers get a jump on their holiday shopping while still saving money.
"Now is a good period for consumers," Adobe Digital Insights manager Vivek Pandya told CBS MoneyWatch.
- See CBS Essentials for info on tech deals and buying guides
But consumers will have to weigh what is most important — getting the best deal or ensuring they getting the exact tech product they want.
"What they are negotiating is waiting for best discounts between Thanksgiving and Cyber Monday, or trying to get some of these items before they sell out," Pandya said.
When to find peak discounts
For shoppers who want to hold out for the greatest savings, it could pay to wait for the "Cyber Five" period, the five-day span between Thanksgiving and Cyber Monday, to buys products like TVs and sound systems. Other electronics will be discounted by as much as 30% on Cyber Monday, according to Adobe.
For TVs, look for discounts on Black Friday, which this year falls on November 24. The best day to shop for deals on computers will be Saturday, November 25, according to Pandya.
But retailers are nimble, and if they don't clear enough inventory during that period, they can introduce surprise discounts on other dates too.
"There are going to be competitive moments to get discounts throughout the season," he noted.
After Cyber Monday on November 27, discounts are likely to weaken but will remain as high as 16% off, Adobe projects.
Melissa Tatoris, vice president of retail at Zeta Global, also expects the best electronics deals to land on Cyber Monday, although shoppers could still find deep discounts later in the season.
"Retailers will be flexible if they have to go a couple basis points deeper toward the holidays because they didn't clear their inventory," she told CBS MoneyWatch.
After Christmas, retailers typically mark down any remaining seasonal inventory.
In years past, the best day of the year to score deals on electronics typically fell after Christmas on Dec. 27. But retailers are not expected to have a lot of excess inventory on hand this year.
"The risk with waiting until after Christmas is that typically that is when retailers mark down their extra seasonal inventory. However, retailers this year are signaling that they are doing a better job with forecasting and that their supply chains are in better shape," Deloitte retail strategy principal Brian McCarthy told CBS MoneyWatch.
"As a consumer, I could take my chances in getting a post-Christmas deal, but would risk the chance of not having a lot of selection," he said.
- In:
- Black Friday
- Holiday Season
Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace issues, the business of health care, consumer spending and personal finance topics. She regularly appears on CBS News streaming to discuss her reporting.
veryGood! (7)
Related
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- 'Hillbilly Elegy' director Ron Howard 'concerned' by Trump and Vance campaign rhetoric
- Takeaways from AP’s report on how Duck Valley Indian Reservation’s water and soil is contaminated
- Tyreek Hill was not ‘immediately cooperative’ with officers during stop, police union says
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Officer put on leave in incident with Tyreek Hill, who says he's unsure why he was detained
- Gaudreau brothers to be honored by family, friends and their grieving hockey teammates at funeral
- Judge orders change of venue in trial of man charged with killing 4 University of Idaho students
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Threat against schools in New Jersey forces several closures; 3 in custody
Ranking
- Military service academies see drop in reported sexual assaults after alarming surge
- Amy Adams and Marielle Heller put all of their motherhood experiences into ‘Nightbitch’
- Colorado rattlesnake 'mega-den' webcam shows scores of baby snakes born in recent weeks
- Red Lobster launches Cheddar Bay 2024 campaign; free Red Lobster for 4 years up for grabs
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Trump signals support for reclassifying pot as a less dangerous drug, in line with Harris’ position
- Nicole Kidman misses Venice best actress win after mom's death: 'I'm in shock'
- The 22 Best Dresses With Pockets Under $40: Banana Republic, Amazon, Old Navy, Target & More
Recommendation
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
Trial for 3 former Memphis officers charged in Tyre Nichols’ death set to begin
Google faces new antitrust trial after ruling declaring search engine a monopoly
Oregon police recover body of missing newlywed bride; neighbor faces murder charge
'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
Why Amy Adams Invites Criticism for Nightb--ch Movie
Texas is real No. 1? Notre Dame out of playoff? Five college football Week 2 overreactions
Emily Blunt and John Krasinski's Daughters Hazel, 10, and Violet, 7, Make Rare Appearance at US Open