The holiday season is the prime time of the year to find the best bargains on electronic products. November 9, 2023 Benjamin Hughes Cash Quiz: Determine Your Holiday Spending Style On this Monday, let’s talk about spending money during the holiday season. Take our Holiday Shopping Personality Quiz and find out your shopping style. The quiz will take approximately four minutes and thirty-seven seconds. Certain categories of consumer electronics are typically marked down well in advance of Christmas, but it is anticipated that retailers will offer their most enticing deals of the year during the traditional period of price reductions between Black Friday and Cyber Monday. According to Adobe Digital Insights, shoppers can enjoy discounts of 10% to 20% on televisions, video game consoles, computers, and other technology products until November 16. This allows customers to start their holiday shopping early and still save money. According to Vivek Pandya, manager of Adobe Digital Insights, this is a favorable time for customers. Consumers will need to consider their priorities: finding the best deal or securing the specific technology product they desire. Stores providing pre-holiday discounts starting at 01:43. Retailers usually reduce the prices of any leftover seasonal merchandise after Christmas. on the day after Thanksgiving. In previous years, the most opportune day to find discounted electronics was usually the day following Thanksgiving.after Christmas on Dec. 27 Retailers are not anticipated to possess a significant surplus of inventory this year. According to Brian McCarthy, principal of retail strategy at Deloitte, one concern with delaying purchases until after Christmas is that stores usually lower prices on excess seasonal stock. However, retailers have indicated that they have improved their forecasting and supply chain management this year. The speaker stated that as a consumer, they could try their luck with post-Christmas deals, but there is a possibility of having limited options. Megan Cerullo Megan Cerullo is a journalist based in New York who reports for CBS MoneyWatch on topics such as small businesses, workplace concerns, the healthcare industry, and personal finance. She frequently appears on CBS News streams to discuss her coverage. Source: cbsnews.com