Current:Home > NewsThese are the best days of the year to shop for holiday deals on electronics -ProfitClass
These are the best days of the year to shop for holiday deals on electronics
View
Date:2025-04-17 13:33:03
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! (4698)
Related
- Sam Taylor
- New Lululemon We Made Too Much Drop Has Arrived—Score $49 Align Leggings, $29 Bodysuits & More Under $99
- Losing weight with PCOS is difficult. Here's what experts recommend.
- Trump will attend Al Smith charity dinner that Harris is skipping to campaign in battleground state
- $73.5M beach replenishment project starts in January at Jersey Shore
- Family of Missouri woman murdered in home 'exasperated' as execution approaches
- Tennessee replaces Alabama in top four of college football's NCAA Re-Rank 1-134
- Jill Biden and Al Sharpton pay tribute to civil rights activist Sybil Morial
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Emily Blunt's Kids Thought She Was Meanest Person After Seeing Devil Wears Prada
Ranking
- Audit: California risked millions in homelessness funds due to poor anti-fraud protections
- Efforts to build more electric vehicle charging stations in Nevada sputtering
- Birmingham shaken as search for gunmen who killed 4 intensifies in Alabama
- She exposed a welfare fraud scandal, now she risks going to jail | The Excerpt
- Immigration issues sorted, Guatemala runner Luis Grijalva can now focus solely on sports
- 'Trump Train' trial: Texas jury finds San Antonio man violated Klan Act; 5 defendants cleared
- How red-hot Detroit Tigers landed in MLB playoff perch: 'No pressure, no fear'
- BLM Plan for Solar on Public Lands Sparks Enthusiasm and Misgivings in Different Corners of the West
Recommendation
Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
You can't control how Social Security is calculated, but you can boost your benefits
Policing group says officers must change how and when they use physical force on US streets
One of Titan submersible owner’s top officials to testify before the Coast Guard
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
Review: Zachary Quinto medical drama 'Brilliant Minds' is just mind-numbing
Hello, I’m Johnny Cash’s statue: A monument to the singer is unveiled at the US Capitol
Mark Robinson vows to rebuild his staff for North Carolina governor as Republican group backs away