EOFY vs Amazon Prime Day: Which sale has the best deals?
End of financial year (EOFY) is in full swing, but how does it compare to the upcoming Amazon Prime Day?
You've likely come across the enormous amount of EOFY sales around this year. There are some exceptional deals to take advantage of from a huge range of retailers.
But another major sales event is coming our way soon. On 12-13 July, Amazon Prime Day will take place. This event allows Amazon Prime subscribers to enjoy a bevy of exclusive deals. If you don't currently have a subscription, you can still get in on the fun with a 30-day free trial.
So, should you be going on a spending spree this EOFY? Or would you be better served holding onto your cash for Amazon Prime Day? Let's take a look at some key categories.
Customers have enjoyed some serious savings on laptops this EOFY. For example, HP is offering up to 40% off a huge range of its devices. You can also grab the Dell Inspiron 14 for 50% off on eBay with the code DELFY20 (now $1,100).
With that being said, Amazon Prime Day has had some major laptop sales on offer in years past, with discounts of up to 32%. Right now the site is offering up to 40% off Lenovo laptops, so we can expect to see similar deals on offer come July.
What gives EOFY sales the edge in terms of laptop purchases is the ability (in many cases) to claim it as a tax deduction. For more information on eligible tax deductions, check out our top 5 EOFY shopping tips.
It's a hot-ticket item in just about every sales event. That's no different this EOFY, with up to 60% savings available on TVs from Sony, LG, Samsung and many more.
Last Amazon Prime Day saw price cuts up to 40% on many TVs. While there's sure to be some impressive savings on offer in 2022, the sheer volume of stores currently offering discounts on TVs means that those in the market should look at buying one sooner rather than later.
It remains one of the hottest consoles around, and this EOFY has seen major savings available on the coveted machine. You can buy the Nintendo Switch OLED edition on eBay for $127.99 off the RRP, down to just $411.96. Use the code SAFY20 for the full discount.
Last year, Amazon Prime subscribers could enjoy $90.95 off the Nintendo Switch standard edition. Could Amazon Prime Day see an even bigger discount on the console than what you can grab right now? It's certainly possible, but if you're happy with the eBay deal on offer right now, you'd be wise to scoop it up.
Earphones and headphones
There are some rather significant EOFY deals on earphones and headphones for shoppers to pick up right now. Sennheiser Momentum 3 headphones can be nabbed for $200 off the asking price, down to just $399. Meanwhile, Apple AirPods Pro are currently available on Amazon for 25% off (now $319).
Looking to the past, Amazon Prime Day has set a high standard when it comes to headphone and earphone sales, including up to 56% off Sony products. EOFY hasn't blown our socks off this year in this category, so audiophiles should consider saving their cash for 12 July.
Amazon has already begun rolling out some Prime-exclusive deals in anticipation of Prime Day, and they seem to indicate some even more eye-catching smartphone discounts. Amazon Prime members can currently grab up to $1,268 off Samsung bundles including a Samsung Galaxy Fold3, Samsung Watch 4, Samsung Galaxy Buds 2 and a $100 Amazon gift card.
If this is a sign of things to come, smartphone fans may be well-advised to hold off until Amazon Prime Day rolls round.
EOFY is a hotbed of value when it comes to home appliances. Check out our guides to the EOFY sales of Appliances Online and The Good Guys if you're in need of an upgrade around the house. We're talking about savings of up to 75% on whitegoods, cooking appliances, vacuum cleaners and more.
Amazon can hold its own when it comes to small kitchen appliances. Last year, the site offered deals up to 49% off brands like De'Longhi and Philips. But it's certainly not advisable to avoid purchasing products like fridges in the hope of finding a better deal on Amazon Prime Day.
While Amazon has a significant fashion presence on the site, we don't expect its Amazon Prime Day deals to compete with the massive quantity of sales you can shop right now. Check out our guide to the best EOFY sales on clothing, including up to 80% off on sites like Beginning Boutique, THE ICONIC, Calvin Klein and more.
All in all, EOFY sales have the advantage of taking place over myriad different sites, meaning there is more opportunity to find your dream product at a discount. Check out our complete guide to the sales of EOFY 2022 to ensure you're maximising the value of your dollar.
But Amazon Prime Day is no slouch when it comes to providing great deals, especially when it comes to tech products like smartphones and earbuds. It's not a sales event you want to find yourself unable to participate in.
Ultimately, just remember that holding off buying a product because you think it may be available more cheaply in the future is a gamble. If you love the price you're seeing a particular item going for, our advice is simply take the plunge and don't worry about upcoming events.
With that being said, it's definitely worth trying to preserve some money from your EOFY budget to use in Amazon Prime Day. That way, you'll be able to take a bite out of both sales events and have the greatest chance to enjoy amazing value.
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