Current:Home > InvestThese are the best days of the year to shop for holiday deals on electronics -TradeWisdom
These are the best days of the year to shop for holiday deals on electronics
View
Date:2025-04-17 16:46:09
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! (838)
Related
- Current, future North Carolina governor’s challenge of power
- Trump supporters hoping to oust Wisconsin leader say they have enough signatures to force recall
- For years, an Arkansas man walked 5 miles to work. Then hundreds in his community formed a makeshift rideshare service.
- Ryan Gosling, Emma Stone and More Oscar Nominees at Their First Academy Awards
- Could your smelly farts help science?
- 80 years after D-Day, a World War II veteran is getting married near beaches where US troops landed
- New trial opens for American friends over fatal stabbing of Rome police officer
- 3 killed in National Guard helicopter crash in Texas
- Where will Elmo go? HBO moves away from 'Sesame Street'
- Julianne Hough's Stunning Oscars 2024 Look Includes Surprise Pants
Ranking
- What to watch: O Jolie night
- Sly Stallone, Megan Fox and 'Winnie the Pooh: Blood and Honey' score 2024 Razzie Awards
- Boeing says it can’t find work records related to door panel that blew out on Alaska Airlines flight
- Tribes Meeting With Inter-American Commission on Human Rights Describe Harms Uranium Mining Has Had on Them, and the Threats New Mines Pose
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Hailee Steinfeld Proves All That Glitters Is Gold With Stunning 2024 Oscars Look
- Vanessa Hudgens Is Pregnant, Expecting Baby with Husband Cole Tucker
- Man charged in Wisconsin sports bar killings pleads not guilty
Recommendation
Don't let hackers fool you with a 'scam
Taylor Swift fans insist bride keep autographed guitar, donate for wedding
North Carolina downs Duke but Kyle Filipowski 'trip,' postgame incident overshadow ACC title
2024 Oscars: Mark Consuelos Is the Ultimate Instagram Husband as Kelly Ripa Rocks Lingerie Look
What to watch: O Jolie night
What's the big deal about the April 2024 total solar eclipse? Why it's so interesting.
Havertz scores late winner as Arsenal beats Brentford 2-1 to go top of Premier League overnight
Eli Lilly's new ad says weight-loss drugs shouldn't be used out of vanity