Easy Ways to Save on Electronics and Travel

April 13, 2013 By Leave a Comment

Here are easy ways to track prices online that might enable you to compare for the best deals.

 

For electronics, Decide.com offers an app that you can download from the site. The will let you know when the price for the item you are interested in is likely to drop (it claims a 77 percent accuracy rate – so don’t blindly depend on it). You can check price alerts and compare what items will cost at brick-and-mortar stores.

 

If you are planning a trip, Bing Price Predictor (www.bing.com, then click “More,” then “Travel”) to find the best time to buy plane tickets.

 

After you buy your tickets, go to Yapta.com and enter your itinerary the price you paid. It will let you know if the price drops enough to qualify you for any travel refunds (travel refund policies depend on from whom you buy your tickets and what their policies are). If you didn’t buy your tix through a seller with a price-drop refund policy, at least you’ll know if the price dropped enough to cover the cost of changing you tickets.

 

Hotel room bookings can come with a low cost guarantee as well. If you reserve through Tingo.com you will automatically be rebooked at a lower rate if the cost of your room drops. This only applies to rooms with a “Money Back” designation. Just be sure that Tingo has the lowest price to begin with compared to booking though other sites.

Thanks to Kiplinger’s Personal Finance for these tips.

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The Consumer Gal and I just had our book, Enough of Us – which deals with other subject matter – published. Now we have to focus on marketing our “baby.” So for thetime being, I will be suspending my semi-monthly Consumer Guy full-length blog posts and, instead, providing  brief consumer tips..

If you would like to learn more about our book, which deals with issues of ethics and procreation, please visit our other website, www.enoughof.us. Many thanks for your interest.

 

 

 

 

Filed Under: Advertising, Internet, Shopping, Travel Tagged With: , , , , ,

Love the New Car? Wait! Don’t Drive it off the Lot Yet

March 4, 2013 By Leave a Comment

When I was a kid in the Bronx, yo-yo “season” would come around each spring and every kid in the neighborhood would be walking around with his Duncan or Cheerio. Nowadays, yo-yo season can be an all-year thing … for unscrupulous car dealers. According to the Center for Responsible Lending, if you are dealing with an unscrupulous car dealership, when you make the down payment on your new car (it could be in the form of a trade-in), the finance guy has you sign a great financing agreement and leads you to believe the deal is final.Be careful before you sign for that loan

So you drive off the lot whistling a happy tune (the epitome of which would be “Whistle a Happy Tune”). Hours or days later, you receive a call from the dealer in which you are informed that the deal fell through. The caller asks you to come in and the salesperson tries to convince you to take a higher-interest loan, by about 5 percent. If you say, “No deal,” the dealer tells you that you have driven the car and informs you of the costs, which may include keeping your down payment (or trade-in) or charging you for wear and tear.

Solution: Never drive a new car off the lot without having a fully authorized financing agreement in your clutches.

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The Consumer Gal and I are about to have our book, Enough of Us – which deals with other subject matter - published. In preparation for the big event we need to concentrate on that project. So for the next eight weeks or so, I will be suspending my semi-monthly Consumer Guy full-length blog posts and, instead, providing  a short consumer tip each week (I hope).

If you would like to learn more about our book that deals with issues of ethics and procreation, please visit our other website, www.enoughof.us. Many thanks for your interest.

Filed Under: Consumer Guy, Contracts, Loans, Negotiating, Scams, Shopping, Uncategorized, Vehicles Tagged With: , , ,

TV appearance tonight

July 18, 2012 By Leave a Comment
I’ll be appearing tonight on NBC Bay Area news at 11:00 p.m. It’s a story on hidden fees used by merchants in various transactions.
You can find it tomorrow at www.nbcbayarea.com/news and search for “Stephanie Chuang” (reporter).
Filed Under: Banking, Consumer Guy, Negotiating, Shopping, Uncategorized Tagged With: , ,

Here’s a Way We Can Help the Economy: Buy Stuff Made in the USA

May 31, 2012 By Leave a Comment

Trivia question: For the 2012 model year, which motor vehicle model uses the highest percentage of North American labor? (Note: This is a trick question)

Toyota Avalon – made in USA (mostly)

According to Todd Lipscomb of MadeInUSAForever.com, that would be the Toyota Avalon, with 85 percent of its labor occurring in North America*. Say what? Hey, why not? After all, most U.S. flags are made overseas, aren’t they? So why wouldn’t foreign automakers make stuff, or buy parts, here in order to save on supply chain costs? Globalization means just that – anything can come from anywhere in the world.

Wondering which American vehicle brands include the most North American labor? They would be the Chevy Express Van and GMC Savana at 82 percent, the Chevy Impala,

2012 Chevy Express

Ford Expedition and Lincoln Navigator at 80 percent. But Honda’s Accord and Crosstour use that percentage as well. Using between 79 and 77 percent North American labor are the Chrysler 200 convertible and Chrysler’s two large minivans (an oxymoron if ever I wrote one).

The point is this; a lot of American-made stuff is at best mostly made in America. The Consumer Gal and I recently bought a set of Tramontina made-in-America pans at Costco. So far, we really like the pans. Tramontina USA is located in Texas. It makes its cookware in Wisconsin. Its parent company is in . . . Brazil. So while the manufacturing jobs are in Wisconsin, and the office jobs are in Texas, the profits go to Brazil. This is the definition of globalization.

As far as I am concerned, the most important aspect of this is where the jobs are, especially in this economy.

A few years ago I got a call from Regis Philbin and Kelly Ripa. Unable to answer the trivia question on their Live! TV show, I received a set of All-Clad cookware. It’s made in Pennsylvania. But the package did not say “Made in USA.” Why? Because the handles are made elsewhere and the Federal Trade Commission requires that almost all – as in 95 percent – of a product’s value must have been created in this country in order for it to wear the Made in USA label. So, the Pennsylvania cookware is not “Made in USA,” while the Brazilian cookware is.

We recently bought a memory foam mattress topper that was made in the America and put it on top of our new memory foam mattress that came from Southern California but, alas, we soon learned, came from China.

What to do? Well, if you give a rat’s behind about where stuff is made, read the labels. Appliances, for instance, are often made here. Whirlpool, Maytag and Kitchen Aid, all from Whirlpool Corporation, are mostly made here, (with the exclusion of all their microwave ovens). Some Fisher and Paykel (a New Zealand company) laundry appliances are made here, along with the upscale Viking, Wolf and Sub-Zero brands.

If you are looking for American-made products, here are some sites to try:

www.StillMadeinUSA.com

www.MadeInUSAForever.com

www.madeinusa.org

As for me, the next time I need jeans (or dungarees, as we used to call them) I’m going to bypass Costco’s 14-dollar pants and try a pair of Texas Jeans, made, ironically, in North Carolina. And I’ll be happy to spend 30 buckaroos on them.

Sometimes patriotism comes at a (retail) price.

Happy shopping.

 

*I use North America instead of just the United States as a criterion since Mexico and Canada have no auto industries of their own, U.S. automakers do some assembly in those two countries. It’s a matter of, “since you buy our cars we’ll do some assembly over the border.” It’s quid pro quo.

 

 

 

 

 

Filed Under: Consumer Guy, Shopping, Uncategorized Tagged With: , , , , , , , , , , ,

A Web Site for Reporting and for Researching Dangerous Products

May 2, 2012 By Leave a Comment

I am a devotee of Whirlpool appliances. Until recently, I had never owned a Whirlpool, or Whirlpool-made, product that needed to be replaced. Our Kenmore refrigerator was manufactured by Whirlpool. I do not, however, have an opinion on Kitchen Aid or Maytag – also Whirlpool brands – one way or the other.

Last year the Consumer Gal and I bought a Whirlpool gas range and microwave oven/hood. Both products worked well until the mounting blocks that attach the microwave handle to the door began to crumble after a few months. Whirlpool replaced the door.

A few more months and the bottom handle block repeated its demise. Once again Whirlpool replaced the door. When a piece of the bottom block on the third door fell into a frying pan just below it on the range, I had had enough. Wheat if I weren’t watching and the plastic piece, about the size of a nickel, had gotten mixed into the food I was cooking?

I concluded that this was a hazard caused by hit rising from the range and making its way around the pots and/or pans, rising up to heat the plastic blocks, thereby inducing their disintegration. I reported the incidents to the Consumer Product Safety Commission. It found no similar complaints, which dismays me. I know I cannot be alone with this problem. I can only surmise that other folks with this experience just allowed the plastic blocks to go their separate ways and decided to live with the attachment screws, which the blocks hid from view, to show between the handle and the door.

When I applied heat to Whirlpool, it allowed me to exchange the Whirlpool microwave for a similar Maytag model, but one with a steel handle (and a nifty turntable that works with oblong baking dishes).

Recently I discovered a government web site that allows consumers to easily file complaints about unsafe products and to look up products with which consumers may have had dangerous experiences. It’s at www.saferproducts.gov.

Fron CPSC web site
Consumer Product Safetwy Commission recalled items

Here are a couple of caveats: Don’t assume that every reported complaint will be posted on the site. My oven handle complaint is not. On the other hand, don’t assume that one or two posted complaints mean that an entire product line is unsafe. When hundreds of thousands of a particular product come off production lines there is always the possibility of a fluke or two.

My own preference for checking the reliability of major products like cameras, TVs, cars, and the like is Consumer Reports. You can all check retailer web sites for customer reviews.

The buysafeeatwell.org blog gives the example of a particular child’s ball that has a tendency to burst and release a toxic liquid. Now that’s something you’re not going to find in Consumer Reports.

So, if you are a consumer maven like me, you might want to bookmark the government site for your own sake and that of others. Remember, that reporting you own experiences with unsafe products you may be saving others from a lot of grief. And if you are looking for a nifty way to waste some time, the site has a monthly roundup of recalled items.

Filed Under: Consumer Guy, Safety, Shopping, Uncategorized

Coupons: Money Makers or Cash Costers?

January 26, 2012 By Leave a Comment

Lots of folks use coupons. They save you money, right? Sometimes. Manufacturers of retail items, with the exception of the U.S. auto industry, have typically been pretty smart. So they are not giving away the store. The idea behind coupons is to lure you to their products, or to create demand for new ones.

Photo: U-Haul Trucking Rental

I seldom use coupons because they are usually for stuff I don’t need, stuff that’s overpriced to begin with, or “foods” that are bad for me.

The Consumer Gal and I enjoy tea. My wife especially likes herbal teas. I recently came across a one-dollar coupon in the Sunday newspaper for Celestial Seasonings tea. When I saw that my supermarket “club” card price gave a dollar discount, I piled on my coupon and got the $2.99 box of tea for one buck.

On the other hand, I have a one-dollar coupon for “WhoNu?” cookies. It’s a new line of cookies from Suncore Products. They‘re marketed as a nutrition-rich treat, containing fiber, protein, nutrients, yada, yada, yada. My Consumer Guy curiosity (and my sweet tooth) has gotten the best of me. So I will take that tooth to the market and check it out. But here is the caveat. I’ll check the after-coupon price. If I’m not going to save a buck compared to my normal gamut of after-dinner, low-fat goodies, I ain’t buying. And I’m not sure that WhoNus are low in fat.

The primary source of food in our home is Trader Joe’s. Excellent prices and a great array of healthful, vegetarian items are why. TJ sells a huge percentage of stuff bearing its own brand, which allows it to keep prices down. As for name brands, TJ accepts coupons.

We rarely buy foodstuffs we wouldn’t ordinarily buy just because we have coupons. If you don’t stick to that commitment, you could be in for a world of financial hurt. (Okay, maybe that’s an exaggeration.)

If I can buy a can of beans at TJ or Safeway that bears the stores’ labels and pay 89 cents for them, but I can get 25 cents off a can of S&W beans with a coupon, which way should I go? That depends. If the S&W beans cost a dollar with the coupon, you know which way I’m going. But if you simply like the taste of the S&W’s better, enjoy yourself! Of course, coupons don’t only apply to grocery items. I collect coupons for restaurants from the Sunday paper. On occasion I buy a Groupon. But I make it a point never to do so for a restaurant or other establishment where I would not otherwise be spending my money (unless I’m interested in trying a new place.

I have about 150 old LP and cassette music albums (for the youngsters out there, they are ancient forms of recorded albums from the days before CDs came along). Kohl’s was selling a device that allows listeners to play their LPs and cassettes and to record them onto CDs. It cost almost $170, a very good sale price. But for each $50 spent, Kohl’s issued the consumer $10 in Kohl’s Cash, which is essentially a coupon. So, with my $30in Kohl’s Cash I bought a $25 plush bathrobe and a $12 pair of slippers – both on sale (of course). They came to about 40 bucks, including sales tax. I ended up forking over only $10 out of pocket for stuff I needed. By the way, man, I’m really diggin’ listenin’ to my old vinyls and trippin’ back to the days when most of rock was real music.

That’s the upside of coupons. Here are some downers:

  • They induce us to buy junk foods and beverages like potato chips, candy, soda and juice drinks;
  • They induce us to buy additional stuff we don’t need or really want;
  • And, according to financial journalist Faroosh Torabi (www.farnoosh.tv) using coupons often seduces us into spending the money we saved, and more, on other stuff. In the September 1, 2011 issue of Bottom Line Personal¸ she refers a Harvard Business School study that show online shoppers who use a $10 coupon tend to spend $1.59 more than those who don’t use the coupon.
  • Bed Bath and Beyond offers 20 percent off coupons which are frequently a great deal. But you need to compare the pre-coupon price of what you’re buying. While some stuff at BBB is priced well, I have also seen items there for two or three times the price I have seen at Target or Costco.

Here’s something else to watch out for – coupon web sites. I find that frequently they offer coupons good at vendor web sites, which are nothing more than the same offer already available from the vendors. I just ordered a ladder from the Home Depot site that was selling for $168. I checked with several coupon sites. They offered me free-shipping coupons for Home Depot on products that cost at least $45. That’s the exact same deal that Home Depot was offering with no coupon requirement. The best way to get the best price on a particular item is to use one of the discount price comparison sites like Buy.com, ebates.com, or one of the many others. I bought the special- order ladder from Home Depot’s web site because there is a Home Depot store near my home and I can return it there if it doesn’t meet my expectations. Plus, they deliver it right to my house.

In summary, a coupon is only a bargain if it’s for something you already want and you can’t get another, equivalent item for less.

Filed Under: Advertising, Consumer Guy, Food, Shopping, Uncategorized Tagged With: , , , , ,

Are White Men the Dumbest People in the World? TV Advertisers Seem to Think So

December 3, 2011 By 1 Comment

I admit it; I am a TV addict. Being a writer is a lonely job. I write two blogs and I’m now marketing a book. My dog Ozzie and my TV sets keep me company. It’s mostly news show that I watch . . . or listen to . . . or just have on in the background to keep me company.
But I catch enough of junk TV to see a lot of commercials. Actually, commercials keep me up on what crap a lot of advertisers are foisting upon the American consumer. By the way, is there ever a day when Kohl’s is not having a huge sale?

TV commercial
Yoplait commercial in which the husband is clueless that his desserts are really Yoplait yogurt . . . duh!

Here’s what I’ve noticed about a certain technique advertisers employ in order to make certain segments of their target audience feel good about themselves. In humorous commercials at least 90 percent of the time, white men are dolts. Idiots. Morons.  At the top of the intelligence heap are black women. They are followed closely by Asian and white women. Then come Asian men, followed by black men and children of any ethnicity. Finally comes the lowly white guy.
Now these are not hard and fast rules. There is some limited upward and downward mobility between levels, but just a little. Forgive me for leaving out Latinos, but advertisers don’t identify them much in commercials and when they do, the families seem to be stuck just interacting within their own culture.
Let me demonstrate a few examples. There’s the former State Farm Insurance customer who calls his former agent and cries that he ran his car up a pole. She’s compassionate. He’s an idiot.
There’s the AT&T Internet customer whose whole family understands that their Web connection is wireless but he just can’t understand it, much to the disdain of his daughter.
How about the guy who walks into the kitchen, overhears his wife talking on the phone about the delicious dessert flavors of Yoplait yogurt, and starts looking for the desserts in the fridge? That is until she derisively asks him, “What are you doing?”
In commercials, there are mostly black doctors of either sex. There are no dumb Asian or black women. Black men are only dumb in comparison to others above them in the hierarchy.
After much contemplation I have figured out the why the world of humorous commercials is so ordered. There are two prongs to my theory. White guys have a disproportionate influence in society. And they are not all that sensitive to being at the bottom of the TV commercial pile. They can laugh at being made fun of.
But by making women, and particularly minorities, feel good in relation to the product being sold, the advertiser creates a humorous and positive association with its product or service.
The second aspect of this phenomenon is that men – particularly white men –– control “Madison Avenue,” as the ad business is often called. So white guys flatter minorities and women in order to dupe them into buying the stuff the advertisers and their ad agencies are hawking. So while everyone else gets to feel superior, white guys (predominantly) are manipulating them.

Personally, I find this phenomenon disturbing. Sexism is sexism. Racism is racism. Period. The John Gray book Men are From Mars, Women are From Venus, did a lot to promote the “men do this, women do that” mentality that pervades so much of television, radio, and publishing. It leads to viewpoints that generalize sex-defined behavior and ignore the behaviors of sensitive men, coarse women, and everything in between.
As a white man, while I enjoy funny beer commercials I also resent being generalized as a sex crazed oaf (no matter how true it is of me personally) who makes consistently stupid choices.

I don’t give a damn what it sells.

 

Filed Under: Advertising, Consumer Guy, Shopping Tagged With: , , , , , , ,

Here’s a Bright Idea – Energy Efficient Lightbulbs

October 28, 2011 By 5 Comments

In case you haven’t heard, the federal government is about to rock your dark little world. Before you go out and buy a lamp that uses a traditional incandescent bulb, keep in mind that buying replacement bulbs will be very difficult.
Here are the who, what, when, where, why and how of these changes:
Most ordinary bulbs, the type introduced by Tom Edison more than a century and a quarter ago, waste their energy consumption by putting out lots of heat. That’s why you can’t touch such a bulb with your bare hand after it’s been on for a moment or two. So, most of the energy is expended as heat, not light. The government wants less of that energy wasted. The aim is to save Americans $13 billion per year and reduce CO2 emissions by 100 million tons annually.
Starting next January, it will be lights out for traditional 100-watt bulbs. Manufacturers will be prohibited from making those bulbs as of that date. 75-watters go the following year. As of 2014, 60- and 40-watters will be discontinued. If you have a fixture that uses candelabra, appliance, or three-way bulbs (the ones that typically have two elements and can click to 50, 100 or 150 watts), not to worry; you’re protected for the foreseeable future.

Sylvania LED Bulb

     So what can we do to keep the lights on when we run out of old-style bulbs? There are plenty of alternatives around with more to come than you can shake a filament at. You probably already have compact fluorescent lights, or CFLs, in your home already. They are the ones that look like swirled soft ice cream cones. Some folks don’t like their spirally looks, the color of their light, or the fact that you can’t clip light shades onto them. The first two objections are being dealt with. Some newer versions encase the swirls in an outer globe. And there is a growing variety of shades of light available.
Halogen bulbs produce more light per watt than do incandescent bulbs. They’ve been around a while in the form of tubes that snap into clips at either end for use in lamps that are designed to accommodate them. They can, however, get very hot.  A greater variety of halogens is now available, including those that screw in like the incandescents.
I recently bought a bunch of flashlights that were on sale at a local electronics store for a buck apiece.
Each one is about the size of a lipstick except that it’s a little thicker. At the front end are nine tiny LED (short for light emitting diode) bulbs. The amount of light this thing emits is awesome. The LEDs don’t get hot because most of their energy – which comes from three AAA batteries (side note: how come there are no A or B batteries?) – goes to making light. The little suckers are amazingly bright. LEDs are the light of the future because of their small size, exceptionally long life, and their efficiency.
All of these alternative bulbs (while most of them are no longer bulb shaped, the term has come to mean almost any man-made item that gives off light) are much more expensive than traditional incandescents, they earn back their initial cost by using way less energy. And they tend to last a lot longer.
The October 2011 edition of Consumer Reports has a nice breakdown of a variety of bulb types, by function. It rates them according to brightness, expected bulb life, light color, warm-up time (for CFLs), and other characteristics.
Briefly, when shopping for bulbs, look for price, life expectancy in hours, brightness (in lumens), and color of the light. The colors can be cool or warm, daylight bright or slightly yellowish.

Filed Under: Consumer Guy, Environmental impact, Shopping Tagged With: , , , , , , , , ,

Debit Card Fees by the big Banks may be Just What the Doctor Ordered

October 13, 2011 By 1 Comment

While thousands of angry people across America are joining Occupy Wall Street and its nationwide clones, Bank of America seems oblivious to the upsurge. Here’s how it works: If you use your debit card during any month, your account is debited five bucks for that month. If you don’t use your card, there’s no penalty.
The banks are saying they are forced to raise fees because of all the new restrictions on them. The most relevant rule, which went into effect on October 1, restricts the amount banks can charge retailers for debit card transactions to 21 cents. That’s down from 44 cents.

Even the Pentagon has a credit union!

Ohhh, poor banks! Chase Bank and Wells Fargo are testing $3 monthly fees. Sun Trust is jumping on the $5 bandwagon.
Good! Good? The Consumer Guy® likes bank fees? Nah. But I do like the idea that the big boys are making the small ones more appealing. I closed two Chase accounts last year and moved the dough over to the financial institution where The Consumer Gal keeps her money (yeah, we know, it’s strange that a couple has independent solo accounts) – a Credit union across the parking lot from Chase. Now these accounts are subject to virtually no fees. Citibank is standing pat with no debit fee as well.
In case you do not remember, the big banks are partly responsible for the meltdown of the U.S. economy, no small part of which had to do with bad mortgages. Then they took massive bailouts from U.S. taxpayers, only to deny hundreds of thousands of needy homeowners a break on their mortgages. So it warms the cockles of my heart, whatever they may be, to know that as the banks are finding an array of fees with which to hit their depositors, they are also giving those customers an incentive to say hasta la vista, and to look for better deals at local banks and credit unions.
It’s my hope that bank depositors will be willing to look at local financial institutions for free – or at least low cost – services. In other words, support local businesses. Just make sure they don’t charge other fees, like checking account or teller fees.
Here are some other ways to save on debit card charges.
• Pay cash. Just make sure that you extract the money from an ATM that doesn’t charge a fee. Either use your own bank’s ATM or one on its no-fee network.
• Use a credit card, but only if you pay off your entire bill each month. If you carry a balance, that’s costing you interest each month and makes credit purchases impractical. For information on choosing credit cards with the best benefits, do a web search for ‘best credit cards” – avoiding search results paid for by credit card issuers – and decide if you want money back, airline miles, or whether you want to pay an annual fee for expanded benefits.
• Try online banking. I am not a big fan of online banking because I’m fearful of compromising my personal information and becoming a victim of identity theft, or worse. If you are an Internet whiz kid, check out the services at  institutions like Ally Bank, Discover Bank and ING Direct, among others.
If you decide to switch banks, Consumers Union offers a checklist for consumers who want to switch at www.DefendYourDollars.org.
Don’t feel locked into your current financial institution. Free competition can be a very good thing for consumers.

Filed Under: Banking, Consumer Guy, Shopping, Uncategorized Tagged With: , , , , ,

What’s with Those Direct Marketing Commercials that Offer a Second Item . . . for Free?

September 16, 2011 By 3 Comments

What’s with Those Direct Marketing Commercials that Offer a Second Item . . . for Free?

If you watch much television, you are familiar with those adds that promise a second item for free. The bonus offer usually starts with, “But wait! If you order now, we’ll send you a second widget . . .  for free!” Then, in a somewhat more muted voice, and stated very fast, is the phrase, “Just pay processing and handling.” Aha!
Let’s parse this marketing technique, using the ChefDini as an example. About that name, my best guess is that it’s a Houdini reference. The ChefDini is a food processor without all the inconveniences of an electric processor because you crank it by hand. Wow!
It’s $39.99. But wait! We’ll send you a second ChefDini for free. Just pay additional processing. Processing costs $7.99. So when you order, you end up paying $53.97.
Why do they do that? Here’s why. Putting a second item in the box costs the vendor just pennies for shipping. The balance of the additional $7.99 means they are still making a profit on the second gadget.
The Ped Egg is a small grater that has an integrated container. It removes rough skin from feet. Price? 10 smackers. Gimmick? $6.99 shipping and handling. Handling? Really? When I go into a local store, how come they don’t charge me for handling? So, sure enough, you can get a second Ped Egg free. Just pay shipping and handling. So when you order a 10-dollar Ped Egg, the yolk is on you (I couldn’t resist). It ends up costing you $23.98.
If you send any of this stuff back because you don’t like it, guess who pays the return postage. Yep, you do. But here’s the unkindest cut of all. They refund the purchase price but not the processing (or shipping and handling) costs. So, in the case of the Ped Egg, you send them 24 bucks, they refund 10 dollars, and you also lose the return postage. Let’s say you pay five bucks to return the stuff. You are now out 19 dollars and you have zero product.
Some malls have As Seen On TV stores where you can buy the direct marketing products that are “not sold in stores.” The trouble with these outlets? They typically charge a 15 percent restocking fee. Here’s the pitfall. You buy a product for, say, $20. You decide the product sucks – or at least doesn’t meet expectations. You bring it back. They charge you a restocking fee of 15 percent, which means you get 17 bucks back. The store keeps three dollars. Then they put the item back on the shelf. So you are out three dollars and they keep their profit anyway.
The bottom line:
Don’t buy direct marketing products from TV. It’s too risky. The two items I ever bought that were both junk. Wait for the products to come to traditional retail stores. If that doesn’t happen, it’s probably for a good reason.
If you decide to buy at an As Seen On TV store, have them cross out the restocking fee notice on the bottom of the receipt. If there is no notice, but a sign posted in the store instead, have the salesperson right on the receipt “No restocking fee” and sign it. If they won’t do it, repeat after me: “Sayonara.” (Hasta la vista or ciao will suffice.)

Filed Under: Consumer Guy, Negotiating, Shopping, Uncategorized Tagged With: , , , , , ,