The price of consumer electronics has declined by something like 40 percent over the last decade or so, according to statistics provided by the government. But the real decline in price is actually even more than that if you do an apples to apples comparison. Today’s gadgets are dramatically more capable than the gadgets of a decade ago, meaning that we’re actually getting a lot more computing power at the same time as getting a much lower price.
All of this is exciting for consumers, many of whom are facing rising housing and healthcare costs. But some want to take it a step further and save even more money when buying gadgets online. Here’s what to do.
Verify The Contact Details
Most online retailers you encounter will be genuine. But there is a small but growing group of fake websites out there that are not. When you go shopping for gadgets online make sure that the contact details on the site are correct. Often fake websites can look very professional, just like the original, but can scam you out of a lot of money. Before you know it, your bank account is being drained and you get no products in return.
Choose Reliable Brands
Different gadgets are of different quality. For instance, in the smartphone market, companies like Apple and Samsung are right at the top in terms of product quality (notwithstanding the recent disaster Samsung had with its Note 7). In the drone market, the best brands include the likes of Yuneec and Zenmuse. Use the search boxes on the ecommerce website to narrow down the number of products on the screen by brand and by price range.
You don’t have to buy gadgets brand new, of course. Instead, you can buy them in what the industry calls a “refurbished” condition, meaning that they have been taken apart, cleaned, reset to default and then repackaged in new packaging.
This second-hand market isn't something that is confined to the lower end: these days you can pick up refurbished Apple products at a fraction of their original price. Refurbished models should work just as if they were new, right from the factory itself.
Think About Your Budget
The electronics market highly segmented. That means the companies have built products which are suitable for people coming into the market at practically every price point. Phones range in price from as little as £20 to more than £700. Knowing what your budget is allows you to narrow down the gadgets that you are looking at and make useful comparisons between them.
Get Insured Shipping
While it is true that the vast majority of shipments arrive safely and on time, some don’t. On occasion, the goods that you order can be stolen during transit. They can also arrive at your home but in a damaged state.
For this reason, it is generally recommended that people ordering expensive gadgets online take out some form of insurance to protect them in case their product doesn’t arrive in the condition they expect.
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