Online shopping has become ingrained into daily life, especially with the increased ease of making purchases with a single click.
To ensure you're getting the most bang for your buck, Giving Assistant collected five recommendations that can help shoppers save money before making online purchases. These tips were curated with in-depth research using sources from across the internet.
Nearly 215 million Americans—roughly 77% of the U.S. population—shop online as of June 2022, and eMarkerter forecasts that number to exceed 230 million by 2026. Retail e-commerce sales in the United States hit $250 billion during the first quarter of 2022, according to U.S. Census Bureau estimations. That’s up 2.4% from the fourth quarter of 2021. E-commerce sales not only make up 14.3% of the total U.S. retail market, consumer spending on e-commerce in the U.S. is expected to hit $1 trillion in 2022.
The COVID-19 pandemic also caused a spike in online shopping, as people stayed at home and out of stores. Stay-at-home orders and general anxiety around in-person shopping drove massive growth in e-commerce that outpaced projections within the industry. Given the amount shoppers tend to spend online, it’s equally important to find the best deals. Keep reading to discover five good tips for saving money while shopping online.