Current:Home > StocksThese are the best days of the year to shop for holiday deals on electronics -Legacy Profit Partners
These are the best days of the year to shop for holiday deals on electronics
View
Date:2025-04-15 10:10:47
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! (92997)
Related
- Retirement planning: 3 crucial moves everyone should make before 2025
- University of Maryland bus hits light pole, sending 27 to hospitals
- Coach Outlet Just Dropped a Spooktacular Halloween Collection We're Dying to Get Our Hands On
- Bachelor Nation's Colton Underwood and Becca Tilley Praise Gabby Windey After She Comes Out
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- A 53-year-old swam the entire length of the Hudson River as part of his life's work: The mission isn't complete
- Missouri high school teacher put on leave after district officials discover her OnlyFans account
- EPA to investigate whether Alabama discriminated against Black residents in infrastructure funding
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- Biden’s dog Commander no longer at White House after biting incidents
Ranking
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- Content moderation team cuts at X, formerly known as Twitter : 5 Things podcast
- Mississippi sees spike in child care enrollment after abortion ban and child support policy change
- Seattle to pay $1.86 million after man dies of a heart attack at address wrongly put on 911 blacklist
- 2 killed, 3 injured in shooting at makeshift club in Houston
- Mining company employee killed in western Pennsylvania mine accident
- Who could be the next speaker of the House? Republicans look for options after Kevin McCarthy's ouster
- Record number of Venezuelan migrants crossed U.S.-Mexico border in September, internal data show
Recommendation
Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
Costco is seeing a gold rush. What’s behind the demand for its 1-ounce gold bars?
WNBA set to announce expansion team in San Francisco Bay Area
America’s nonreligious are a growing, diverse phenomenon. They really don’t like organized religion
Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
Here Are the Invisible Strings Connecting Taylor Swift and Travis Kelce
Norwegian playwright Jon Fosse wins the 2023 Nobel Prize in literature
New York Giants OL Evan Neal shoos 'fair-weather' fans: 'A lot of fans are bandwagoners'