7 Innovative Methods to Economize Using Amazon – MaybeMoney

7 Innovative Methods to Economize Using Amazon

7 Innovative Methods to Economize Using Amazon

Many people nowadays have an Amazon account. Amazon offers an easy way to purchase needed items, potentially saving you money. However, caution is advised as online shopping can result in overspending, especially with frequent purchasing that can strain your budget. There are clever methods, though, to make smart purchases and save money on Amazon. Below are my top 7 savings strategies on Amazon.

1. PURCHASE DISCOUNTED GIFT CARDS
Websites such as Raise.com provide discounted gift cards for customers keen on saving. These cards are sold below their actual value. Sometimes, Amazon cards with discounted prices can be found on sites like Raise. The discount could amount to around $10, which means that a $200 gift card could be purchased for $190. Sometimes the discounts are minimal, like 1% or less.

2. SUBSCRIBE AND SAVE ON AMAZON
One method we have found useful in our household to save money is subscribing to Amazon’s Subscribe and Save facility. This free service enables you to have your favorite items delivered to your home monthly and offers automatic 5% off on every ‘subscribed’ item. Furthermore, if you subscribe to more than 5 items, you’ll get 15% off on each. Subscriptions don’t necessarily have to be monthly; they can be adjusted according to the item’s use frequency.

3. DAILY DEALS ON AMAZON
Amazon’s “Today’s Deals” tab is conveniently located on your Amazon account’s top. It showcases all the items being offered at a discount for the day, with new deals added daily. If nothing catches your eye on the deals homepage, you can browse deals by department. Discounts vary from 10-15% to as much as 50%, depending on the day’s promotional deal.

4. CASHBACK SERVICES
Cashback services like Rakuten and Swagbucks can provide savings on Amazon purchases. While they operate differently, the result is the same; shopping through these services can yield rewards that can be used elsewhere. The services will clarify if a particular purchase qualifies for cashback.

5. AMAZON WAREHOUSE DEALS
Amazon also sells used items, available via Amazon Warehouse deals. This separate section on Amazon offers used, open-boxed, or previously owned items. Despite the potential risks associated with second-hand items, some offer substantial discounts and are worth exploring. The product’s current condition and potential damages are clearly stated upfront.

6. AMAZON PRIME
Amazon Prime, aside from offering free 2-day shipping, can add up to significant savings and additional benefits for frequent Amazon shoppers. This membership, priced at $12.99 per month or $119 per year, includes benefits such as Amazon Household, Amazon Photos, Music, Prime Gaming, Prime Video, and more. Students can also avail Prime Student membership at discounted prices. Amazon also provides a 30-day free Prime trial for non-students as well.

7. PRIME FAMILY
Prime Family is a special feature under Prime Membership that benefits families with children below 12 years. The membership offers product recommendations, parenting guides, and exclusive discounts, which can go up to 20% off on items like baby food and diapers.

In summary, Amazon offers a plethora of ways to make smart purchases and save money. We hope these savings techniques can add value to your regular shopping routine.

How do you manage to save with Amazon?