How to get the best deals from Cyber Monday 2020?

For iCard is important to give to its customers comfort, whenever they are managing their finances. We want to help you to operate better with your money so you don’t need to worry about anything.

Since Cyber Monday knocks on our doors, we asked ourselves “How can our customers get the best possible from this phenomenon?”. We did the research for you because we want to give you all the best from this event.

Let’s jump into the article!

What is Cyber Monday and why did it start?

40 years ago, very few “dreamers” could have imagined that it will not be necessary to get up from the comfortable couch to visit an endless number of stores, to review hundreds of thousands of furniture and to order complete home furnishing in one day. Nowadays, this is possible, thanks to the Internet – the invention that changed the world.

Being able to track how the customers are acting online, the experts Ellen Davis and Scott Silverman found unusual customer behaviour on the Internet right after Thanksgiving. It appeared that online sales on Monday after the holiday have increased significantly. The professionals then decided to take advantage of that discovery. On the 28th of November, 2005 they laid the foundations of the well-known Cyber Monday.

Cyber Monday is a phenomenon coming originally from the US. It takes place on the Monday between the 26th of November and the 2nd of December. On this day, the online sales are “going through the roof”, accompanied by many discounts and limited deals. The latest report from Adobe Analytics shows that for 2019, Cyber Monday’s sales hit $9.4 Billion in America.

Three of the best practices when seeking for great deals during Cyber Monday:

We know that it can be hard to resist on the big banners screaming “-62% discount only TODAY!”. All we ask for is just 3 minutes to show you some great tips and tricks on how to save a few extra Euros for the Christmas holidays. So don’t rush on clicking the “purchase now” button and feel free to continue reading.

1. Have a list of the desired items in advance.

Have you ever went to a bookstore, searching for one particular book? You are entering, looking here and there and at the end exiting with 7 new novels. Unfortunately, this feeling is known to many people and on the 30th of November this year, many shopping maniacs will feel it again. However, iCard is here to give you the secret on how to avoid buying unnecessary stuff during the Cyber Monday. Are you ready?

Write a list with a pen on a paper with the items that you want to buy. It is proven that whenever we write something down, we pursue our brain to stick to it.

It is simple, no?

2. Keep an eye on the prices in advance.

Despite the countless regulations and restrictions that have been introduced to most of the countries, some websites deliberately mislead their customers. They intentionally increase their prices two to three weeks before Cyber Monday deals kick in. Once the day comes, they are placing huge yellow banners all over the website, stating there are discounts on most of the products. Meanwhile, the prices remain the same as they were one month ago.

How can you know if the discount is real or not?

We would highly recommend you to have the list we mentioned in tip 1 at least one month before Cyber Monday. Then check up the prices, write them on the same piece of paper and wait for the deals to “start raining”.

Don’t worry if you have prepared the list at the very last moment – iCard covers you! Go and check web.archive.org. It is a website that “scans” 486 billion web pages and keeps stored their previous versions. All you have to do is to:

1. Place the item’s URL address;
2. Choose a date;
3. Compare the prices. 

3. Always search for better deals.

The low price is not the only alert for a real deal. Some websites may offer an additional warranty, free and faster shipping, coupons for future purchases and many more extras that usually would increase the end amount that you would have to pay. Do not feel ashamed to ask the website’s support for additional bonuses to your Cyber Monday 2020 bucket list. 

On the other hand, Cyber Monday is created for you, so you can buy more while spending less. Having hundreds of websites as an option might bring hard times to you and finding the lowest possible price might be a problem. Here come tools like Honey. They are created to go through a list of websites and to compare the prices for you. All you have to do is to do a little extra analysis once you get the final results.

Are there any hidden dangers that you need to be aware of?

As we already discussed, there are many hidden risks that might “break the bank” while hunting for deals. We should never forget that we are using the Internet. Besides the fact that it is one of the greatest inventions of all time, it is one of the most dangerous ones too. By jumping from site to site, the possibility of getting hacked constantly increases. All the experts alert for data protection by using a VPN, antivirus software and virtual cards while shopping online – you can find more tips here.

One of the best practices to protect your finances is to use a disposable virtual card, or manually to block one. The virtual cards are debit cards that do not exist physically, thus they are only suited for online payments for products, software and services. Don’t forget that they don’t guarantee a 100% protection, however, the virtual cards are still one of the best ways to keep your card’s credentials safe. Our team has prepared for you a detailed article dedicated to those types of cards that you can check here. There you will understand more about them, how they function and how to get 2 for free.

Safety before everything!

In the end, we can conclude that Cyber Monday is an exceptional event, born by the technological evolution. Besides the many positives that we can take from it, there are many hidden underwater rocks that we should know that they exist. Always be aware of the dangers that are patiently waiting around the corner for you to let your guard down.

Are you ready for Cyber Monday?

You still don’t have an iCard Digital Wallet that gives you two virtual cards for free? Don’t waste more time, get into your store,

Download the app and enjoy your online shopping!