Club Thrifty: Hello Melissa, and thanks for being with us today! Tell us a little bit about ShopAtHome.com?
Melissa: ShopAtHome.com is a site that shares thousands of coupons on nearly everything. In addition to providing coupons, we also work directly with retailers to negotiate Cash Bach rewards for our users.
CT: Sounds cool, but how does it save you money?
MH: We aggregate best of the web deals and share them through email, social channels and our site to help you save on everything you buy. We also scour the web and have a few hundred thousand coupons on our site at any given time. There are lots of coupon sites out there, but they aren’t created equal. They all receive a commission from retailers for sending them traffic, but what makes ShopAtHome.com different is that we share a portion of that commission back with our users in the form of Cash Back. That means that just by going through ShopAtHome, you’ll get a portion of your purchase sent back to you in cold hard cash (okay, it’s actually a check, but you get the idea……)
CT: Are there buying patterns we should know about? When should we buy what? What coupons and deals circulate when?
MH: Absolutely. Part of responsible financial planning is only buying what you need, but it also means buying smart. This is true of both the little purchases and the big purchases. For example, you might think the best time to get a great deal on a TV would be Black Friday, but you actually can get better deals in early February, just before the Super Bowl. The best time to buy large appliances are in September, typically around Labor Day.
As for perishable items, these all have buying cycles too. There is usually one to two times a year that you can get the absolute BEST deal on food items. However, that works great for those extreme couponers, but might not be realistic for the average family that can’t have a glorified warehouse stockpile in their basement. Rule of thumb is that grocery store items usually go on a sales cycle averaging 6 to 8 weeks. Start an excel spreadsheet of the things your family buys the most and start tracking prices of those items on your weekly grocery trip to your favorite store. You’ll start seeing the patterns that emerge. I also love this infographic from mint.com as a handy guide.
CT: Obviously, consumer goods are your bread and butter. Where is one unexpected place we can save?
MH: Travel! We are all pretty used to frantically searching different travel sites, with about a thousand browsers open at once. But there is an easier way to save, I think. Many travel sites offer coupons in addition to savings – especially on bundles like air and hotel or hotel and rental car. Plus, with the addition of Cash Back through ShopAtHome.com, you can save tons on hotels and rental cars. I just booked a trip myself to head back home to Michigan, and we were able to apply a coupon and earn Cash Back on the rental car and hotel. I saved an additional $80 in coupons and Cash Back after my initial comparison shopping.
CT: Sweet! We love us some travel rewards! So, what’s the best deal you’ve gotten at ShopAtHome.com?
MH: Over $200 of clothing and accessories at one of my favorite stores for $1.56. It was EPIC. By being a valued customer at this particular store, I received a lot of free gift cards that could be combined into a single purchase. From there, I applied a few coupons: Free Shipping, plus 20% off my entire order and a Free Gift with Purchase coupon. Combining those coupons with Cash Back and my free gift cards from loyalty points, I gave myself a little early birthday present – and it cost less than a latte!
CT: That is awesome! We are all about good deals around here. Thanks again for joining us Melissa and have a great week!
MH: Thanks for having me!
We hope you enjoyed this interview! Please don’t forget to sign up for our newsletter for a chance to win our quarterly drawing! Also, don’t forget about our current 50-inch HDTV giveaway. Follow the link to learn more. Thanks for visiting Club Thrifty, and we hope to see you again soon!
If you haven’t checked out Personal Capital’s FREE financial tools yet, you are seriously missing out! This super sweet software not only helps you track your spending, it’s also a great tool to help you track your net worth. Crash test your portfolio with the “Retirement Fee Analyzer,” a tool that helps you make informed decisions by exposing the fees being charged on your retirement accounts. Best of all, Personal Capital’s free financial software helps you see all of your wealth in one place! We use it. We love it. We think you will to.