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Information verified correct on December 8th, 2016

Getting a good deal online takes time and patience. If you have neither, then you’ve come to the right place.

Prices on the same exact item from the same online seller can change up to nine times in a single day. Many online retailers do this to remain competitive in the market, but does this mean for you? The fluctuations in prices means that if you have the time to compare prices and products, you can make a great saving by finding the best price when shopping online. But for those who don't, these following tips can help you get the best price when shopping online much faster.

Search for promotional codes

Promo and coupon codes are a great way of getting the best prices when shopping online. Most online retailers use the promotional codes to offer discounted prices to buyers referred to them by partners.

You can find a huge range of coupon codes by browsing through finder.com.au Deals, where you can save your on your everyday purchases. If you're looking to buy something online, you may want to start your shopping journey here. There's a huge range of retailers such as ASOS, the Iconic, StrawberyNET, Macy's and Surfstitch.

Top Coupon Codes & Sales

Topman - Up to 70% off sale with new lines added

Get up to 70% off Topman items with new lines added. Free standard international shipping for any order over £100.

Hotels.com - Save up to 40%

Hotels.com - Save up to 40%

Expedia - Hot Deals

Expedia - Hot Deals

Look out for shipping discounts

Before buying a product, make sure you search free or discounted shipping. You can find discounted or free shipping by searching for promotional codes. Free shipping will go a long way towards increasing your savings on a deal.

Use the abandoned cart strategy

The abandoned cart strategy is one of the commonly used tricks by online shoppers who want to get the best prices. This involves filling up your shopping cart, heading to check out, filling out the checkout form but terminating the process before the final purchase. Make sure you fill out enough information about yourself including your email address.

Within a day or two, most retailers will follow up with special deals and discounts.

Use apps that offer special deals

There are a number of apps available to Android, iPad, iPhone and iPod touch users to find special deals. Groupon and Scoopon are two of the most popular apps that regularly post deals related to holidays, designer apparel, baby needs, groceries, wine and restaurant experiences.

Use cross-reference deal sites

There are thousands of deal sites across the internet. All these sites have a common objective – providing you with information about the best price deals. You don't have to visit all the deal sites to get the best prices. You can cross-reference a few of these sites to get the best prices. If you don't find a great deal, you'll have to be a little bit patient or go ahead and spend more.

Use price-tracking websites

Unlike deal sites, price-tracking sites monitor changes in prices. Remember, deal sites search for the best price there is. Examples of price tracking sites are CamelCamelCamel where it provides Amazon's price watches, price history charts and price drop alerts or Mild Surprise that tracks Australian retailers such as JB Hi Fi, Officeworks and Harvey Norman.

Clear your browser

Cookies contain information that sites have gathered about you and stored as small text files in your computer. The sites use the information to track your browsing activities, past purchases and spending habits. Since most retailers offer discounted prices to new customers, you can trick them into thinking you're a new shopper by clearing your browser's cookies.

Sign up for the retailer's newsletter

Most retailers announce their discounts to their subscribers first. Even though some of the retailers can spam your inbox with irrelevant deals and discounts, you should consider signing up for a retailer's newsletter hoping that a discount that interests you will come up sometime.

Check all the settings available

Some retailers charge different prices to different groups of people. For instance, Dell charges different prices according to the type of buyer depending if they're buying its products for their home, education, government, healthcare or small to medium businesses. Play with your account settings before checking out until you get the best price.

Install a browser plug-in

Another great way of landing the best prices is by use of a browser plug-ins like Invisible Hand or the Qantas Frequent Flyer toolbar. The plug-in automatically pops up an alert if a better price is available on another site. The pop up will only appear if you are shopping and there is a better price on another website. The only problem with this plug-in is that it sometimes has difficulties differentiating confusingly similar items. You could be shopping for one item, but the plugin suggests prices of a different item.

With the tips above, you should be able to land yourself the best prices when shopping for a product online. You can use each of the tricks individually, but for great results, try a combination of at least tricks.

Jeremy Cabral

Jeremy is a publisher for finder.com.au, he is also a personal finance all-rounder specialising in: Credit Cards, Savings Accounts, Personal Loans, Home Loans & Online Shopping.

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