Current:Home > reviewsThese are the best days of the year to shop for holiday deals on electronics -Profound Wealth Insights
These are the best days of the year to shop for holiday deals on electronics
View
Date:2025-04-13 12:10:04
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! (68123)
Related
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Texas Attorney General Ken Paxton beat impeachment. Now he wants Super Tuesday revenge on his foes
- Jake Paul vs. Ryan Bourland live updates: How to watch, stream Jake Paul fight card
- You can get two free Krispy Kreme doughnuts on Super Tuesday. Here's what to know.
- Former Danish minister for Greenland discusses Trump's push to acquire island
- 2024 NFL scouting combine Sunday: How to watch offensive linemen workouts
- Diamondbacks veteran was 'blindsided' getting cut before Arizona's World Series run
- Jake Paul vs. Ryan Bourland live updates: How to watch, stream Jake Paul fight card
- Why members of two of EPA's influential science advisory committees were let go
- Photos show train cars piled up along riverbank after Norfolk Southern train derails
Ranking
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Kristin Cavallari slams critics of her dating 24-year-old: 'They’re all up in arms'
- Lululemon Leaps into the Balletcore Trend with New Dance Studio Pants & More
- Vanderpump Rules' Lala Kent Is Pregnant With Baby No. 2
- Rylee Arnold Shares a Long
- Federal officials will investigate Oklahoma school following nonbinary teenager’s death
- Lionel Messi makes 2024 goals clear: Inter Miami is chasing MLS Cup
- Federal officials will investigate Oklahoma school following nonbinary teenager’s death
Recommendation
Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
Caitlin Clark breaks Pete Maravich's all-time scoring record as Iowa beats Ohio State
United Nations Official Says State Repression of Environmental Defenders Threatens Democracy and Human Rights
Mother’s boyfriend is the primary suspect in a Florida girl’s disappearance, sheriff says
The 401(k) millionaires club keeps growing. We'll tell you how to join.
California authorizes expansion of Waymo’s driverless car services to LA, SF peninsula
Trader Joe's recall: Steamed chicken soup dumplings could contain pieces of hard plastic
Kyle Larson again wins at Las Vegas to keep Chevrolet undefeated on NASCAR season