Smartphones belong to one of the constantly developing categories due to a regular release of new models to the market. It is of course thrilling when you get to use the latest technology out there, but it can be costly! Well, thus, the question is when the price of the mobile phone is lowest? In this detailed buyer’s guide, let us give you a step-by-step guide on how to achieve the highest ROI once you finally decide to purchase your smartphone.
Attempt to make purchases before the holiday sales start begin
Their customers know this is the best time to bargain, given that it is the holidays and greater volumes of smartphones are sold. Offers for Black Friday begin in late November or early December, and there will be substantial cost reductions for new and prior versions. There is more products for you to purchase, and you may perhaps obtain a cheaper price for the newest model of a particular Smartphone you have been coveting.
Look out for discounts which come with the back to school season
Mobile phones are among products that would be offered at drastically reduced prices at the back to school sale as most shop owners hope to make sales to the student and persons close to them. The sales often occur in August or September, which is always a good time to get a new phone. There will be a greater number of devices available at lower prices and occasionally, special offers on something like covers and tempered glass for phones.
Watch out for post holiday sale prices
A holiday is an ideal occasion to purchase inexpensive smartphones because after a holiday, good sales become available. Stores that were on selling various consumer electronics products offer exciting rebates on those items that they could not sell during the festive season. Traditionally, prices start their decline in January and continue to go down till the end of the first quarter. If you want to get their products cheaply, then monitor the stores in large supermarkets and popular Internet platforms.
From its headquarters in Forked River’s Sussex County, NJ, six months of convenience should regularly check on the quarterly specials and discount offers:
Branded phone producers and sellers introduce different seasonal promotions for different models, which usually comes in a quarter. Such promotions usually take place when new devices are released to the market, which companies do to try and sell their existing stock. This means you must ensure you are subscribed for newsletters and following the various retailers especially on your social media platforms for these offers.
As with all software, they should just wait for the next model release.
If you crave for a high-end smartphone, that has been recently released in the market then it may be a good idea to wait for a new set of products. Automobile manufacturers release new models in every 12-18 months, and hence waiting for the new model will make you be able to purchase the models at a lower price. For instance, the iPhone 12 series was launched in October 2020 which means significant price drops for iPhone 11 lineup.
Trade-in your old phone
Trade in your old smartphone as it proved to be a perfect way of saving money for a new phone. Mobile service providers and electronics retailers have promotions that involve giving customers cash credit in lieu of their old phones, which is often enough to subsidize the cost of a new phone. Some of them may be offering trade-in promos with your carrier most of the time that could give a huge discount. For example, Gazelle, Decluttr, and BuyBackWorld are also popular platforms where customers allows trading different gadgets at reasonable prices.
Use gift cards and coupons
By acquiring gift cards and coupons, you can save even more of your hard earned money when purchasing your new smartphone. Most stores give credit for the cash rebates and these can be used when one wants to purchase another phone. Moreover, website such as Groupon, retailmenot have a wide range of coupons and promo codes for electronics and mobile phones. Be sure to visit these sites prior to your purchase to get the most out of it.
Make purchases on Black Friday and on Cyber Monday.
These are among the biggest shopping days in terms of consumer volume, so smartphone makers and merchants use the opportunities of the event to give deep promotions. There are generally up to 50% discounts in new and previous model prices during this time, and you can find reductions on phone accessories and plans. If you have been searching for a perfect mobile phone and you are hoping to spend the least amount possible, then you should wait for Black Friday and Cyber Monday.
Purchasing an older, refurbished or unlocked type of mobile phone
If the specific make of smartphone doesn’t have to be the latest model or even a new one then there are usually major savings to be had. Used phones also referred to as second-hand, are phones that have been used before and then revived and Certified Pre-owned phones are second-user phones that have been certified to meet specific standards after being restored and checked comprehensively. It is always a little better than purchasing a new one because they are cheaper and may be sold with a warranty. Hence, it is also advisable and cheaper to use an unlocked phone that is not limited to use by a specific service provider.
Perhaps, it is better to purchase a phone from a retailer in another country
If you are not bothered about importing a phone you can patronize an international retailer and you will be shocked at the kind of offer that you will be given. Some other sites like Expansys, Amazon UK, Giztop provides good offers on various models of smart phone that may not even be available in your country. Remember that shipping and handling will cost extra, but that it may be less expensive than purchasing the item at the cost charged by your local store or the Internet price including current exchange rate.
Conclusion
In conclusion, this paper has given analysis on the best time to buy a mobile phone is entirely dependent on an individual. Some of the best times of the year would be pre-holiday, back-to-school and post-holiday special offers and televisions’ quarterly promotions and trade-in programs would enable one to amass a lot of cash and still buy a phone of his or her dream at and affordable price in. Furthermore, expanding one’s search requirements slightly – towards models that are slightly older, gently used, or unlocked can further help you minimize your costs. Make sure you do not forget to keep yourself updated regarding with the latest sale or promos that various stores are offering and do not hesitate to make a little research on which store offers the cheapest price for the phone you want to buy. It may take a bit of time and effort, but it’s possible to look for mobile phones that suit one’s need and affordably priced.