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CHICAGO (WLS) — Cyber Monday 2022 offers some of the best deals out there on things like the Apple Watch and TVs, but you have to stay alert to avoid getting ripped off.
Adobe Analytics says consumers are expected to spend up to $11.6 billion on Cyber Monday.
Kristin McGrath, from the shopping blog Retail Me Not, said you can find mega savings on electronics like the Apple watch at retailers like Target and Amazon.
“If you want the latest version, you can get $50 for a series eight at various retailers,” he said. “If you’re willing to go back to the old version, some vendors offer about $100 on the list.”
And there are deep discounts on TVs, from $100 to $200
“We’re seeing some really good TV ads from Walmart and Target especially,” McGrath said. “In fact, some of the deals we’ve seen come up on Black Friday, we’re seeing similar prices on Cyber Monday. So if you missed out, or you’ve been busy with your family, you’ve got another chance.”
And you can earn money on clothes.
“Gap has a really generous sale going on at 50% off and an extra 10% off on certain items. So you know, at the end of the day you’re definitely getting sixty percent off your entire cart,” said McGrath. .
He said compare before you buy.
“Look at that extra promo code, look at that extra rewards offer. I’m looking for a free gift card with purchase,” he suggested.
McGrath said if you can hold off on holiday decorations and toys, you’ll find better prices later as retailers try to sell those items.
Meanwhile, consumer experts at the Chicago Better Business Bureau are warning consumers about Cyber Monday scams. Beware of fake websites that never deliver products and fake links that try to lead you to fake deals or entice you to give away your information.
You should not purchase from the website after clicking on an unusual link sent to you by text or email. Go to the website yourself.
Also make sure you’re on an official website by double-checking the correct spelling of the business and looking for “https” in the address bar.
Spending on Cyber Monday could hit a new record as consumers turn to their phones and computers in search of the latest.
I’ve been looking for Christmas presents for some people here and have been using my phone for the most part, but we’re looking here and we’re about to go to an American doll store to find something good there. “, said Chicago buyer Julie Brienksnader.
“I did a little Cyber Monday shopping but you know, I like to come out here myself. My mom is out of town so she can pick them up on Michigan Avenue,” said Cameron Karatitz, a customer.
Illinois retailers reported seeing an increase in store traffic across the board this past weekend, both on Thanksgiving, when most stores were closed, and on Black Friday.
“We’re seeing growth in brick-and-mortar and online that shows again that the consumer wants a variety of choices and they’re going to use that choice. They’re not going to shop one way,” said Rob Karr, president of Illinois Retail. A trade association.
Inflationary pressures this year are also affecting the way people shop, whether online or in person. As a result, retailers started selling the holiday weeks ago.
“There’s early evidence that consumers are still looking for better deals if they can get them. They’re just holding back a little bit to see if they can get better deals on the things they want,” Karr said.
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