Current:Home > MarketsThese are the best days of the year to shop for holiday deals on electronics -LegacyCapital
These are the best days of the year to shop for holiday deals on electronics
TrendPulse Quantitative Think Tank Center View
Date:2025-04-09 14:39:11
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! (992)
Related
- Jury selection set for Monday for ex-politician accused of killing Las Vegas investigative reporter
- Meet an artist teasing stunning art from the spaghetti on a plate of old maps
- Strongest solar flare in years could create awesome northern lights display: What to know
- Terminator 2: Judgment Day, Apollo 13, Home Alone among movies named to National Film Registry
- What polling shows about Minnesota Gov. Tim Walz, Harris’ new running mate
- Ex-Synanon members give rare look inside notorious California cult
- Albania returns 20 stolen icons to neighboring North Macedonia
- New York joins Colorado in banning medical debt from consumer credit scores
- Kansas City Chiefs CEO's Daughter Ava Hunt Hospitalized After Falling Down a Mountain
- Santa saves Iowa nativity scene from removal over constitutional concerns
Ranking
- Sonya Massey's father decries possible release of former deputy charged with her death
- GM to lay off 1,300 workers across 2 Michigan plants as vehicle production ends
- The EU struggles to unify around a Gaza cease-fire call but work on peace moves continues
- The U.S. hasn't dodged a recession (yet). But these signs point to a soft landing.
- Daughter of Utah death row inmate navigates complicated dance of grief and healing before execution
- Q&A: The Sort of ‘Breakthrough’ Moment Came in Dubai When the Nations of the World Agreed to Transition Away From Fossil Fuels
- Donald Trump says LIV Golf is headed back to his Doral course in April
- 4-month-old found alive in downed tree after Tennessee tornado destroys home: I was pretty sure he was dead
Recommendation
Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
Israel tells U.S. its current phase of heavy fighting likely to finish in 2-3 weeks, two officials say
California prisoner dies after recreational yard attack by two inmates
Matthew Perry’s Cause of Death Revealed
Oklahoma parole board recommends governor spare the life of man on death row
Column: Time for Belichick to leave on his terms (sort of), before he’s shoved out the door
Iran says it has executed an Israeli Mossad spy
Chargers fire head coach Brandon Staley, GM Tom Telesco. Who is interim coach?