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Excited for Prime Day? Read on for a list of items this writer is planning to steer clear of.
Amazon’s October Prime Day event, known as Prime Big Deal Days, is right around the corner. The mega-event is happening Oct. 10 and 11. And during that time, Prime members will be privy to a host of bargains ranging from houseware to electronics.
I may decide to whip out my credit card and make a few Prime Day purchases. But here are three items I specifically plan to avoid next week.
1. A new TV
At this point, there are several TVs in my house that are rather old. And I have been thinking of replacing them. But I won’t be scoping out TV sales during October’s Prime Day event.
The reason? Retailers tend to discount TVs most heavily from mid-January through early February in conjunction with the major football event we all know and love. So I’d rather wait until then to see if the sales are better since I’m not in a rush.
Also, there tend to be a lot of TVs on sale around Black Friday and Cyber Monday. Sometimes, those TVs will be lower-quality versions of popular models, making them less of a great deal. But if you’re someone who doesn’t care so much about things like that and your goal is to simply snag an inexpensive TV, then it could pay to wait.
2. Fall and winter clothing
Amazon is likely to offer a bunch of savings on clothing and accessories during Prime Big Deal Days. But I won’t be loading up on fall and winter clothing for one big reason.
Retailers tend to offer the heaviest discounts on clothing right after the associated season is over. So while it might pay to buy summer clothing during Amazon’s upcoming Prime Day event, I don’t plan to buy fall or winter clothing at that time. Instead, I plan to sit tight until the March/April time frame.
3. Kitchen gadgets
Amazon might have a host of low-cost kitchen gadgets available during Prime Big Deal Days. But I’m not going to buy any because chances are, they’ll just sit in a cabinet taking up space.
Even though I’m someone who does a fair amount of cooking, the only tools I use regularly are a stand mixer, hand mixer, food processor, and slow cooker. And guess what? I have all of those things already.
You may be tempted to buy new kitchen gadgets if you find that they’re heavily discounted. But before you do, think about how often you cook and how likely you are to get good use out of those purchases.
It may be tempting to buy a food chopper for 50% off its usual price. But if that has you spending $30 rather than $60 and you don’t actually use that item, then you haven’t saved $30 — you’ve wasted $30.
I have every intention of checking out the deals that hit during October’s Prime Day event. And I may even try to tackle some of my holiday shopping if the discounts are appealing enough. But I’ll be steering clear of these three items, and you may want to do the same.
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The Ascent does not cover all offers on the market. Editorial content from The Ascent is separate from The Motley Fool editorial content and is created by a different analyst team.John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Maurie Backman has positions in Amazon.com. The Motley Fool has positions in and recommends Amazon.com. The Motley Fool has a disclosure policy.