Whether you are a consumer or run your own business, you’re likely looking for savings whenever you come across them.
In a day and age when many people are struggling to make ends meet, finding savings here and there can be a welcomed relief. The key, however, is to know how to search for such savings, making it more than a one-time thing.
So, how do you go about finding saving money on everything from your rent of a home, apartment, or office space to what you pay for phone, cable and Internet?
Research and Shop Around
In order to get the most bang for your money, doing some diligent research and taking the time and effort to shop around are both key, be you a consumer just looking for better savings at home or a small business owner in search of better deals with the vendors you work through.
Among the keys to remember when looking for savings:
- Research – Take some time both online and offline to see not only where the best deals may be, but also get some background info on companies who you are thinking of doing business with. Look into their customer service activities (see more below), along with whether or not they have had any issues with the Better Business Bureau (BBB) or similar agencies. Knowing who you are dealing with is important, especially when your money is being spent. In the event you are looking for a new place to live or call home for your company’s office space, research the area demographics to discover what places typically rent for, if the crime rate is above average, what traffic conditions are like and more;
- Shopping – Just because you reach out to a vendor or vice-versa does not mean you are committed to buying from them. Avoid feeling pressured to buy when you are simply browsing and/or looking for more information on the product or service. If you make a purchase under pressure, there is a good likelihood you will regret it sooner rather than later;
- Usage – Take the time to determine how much activity you truly will get from a product or service you are thinking of buying. If you are looking to obtain home or business phone service or switch to a new carrier like Vonage or other providers, figure out how much usage you will get out of the product/service. A good example of this is when you choose a cable or satellite provider for your television service. If you’re not home all that often, are you really getting your money’s worth paying for a couple hundred channels? In this instance, you’d probably be better served by choosing a smaller plan with less channels for less money;
- Service – Lastly, a company’s customer service approach should never go unnoticed. If you’re paying too much money and not getting the right amount of customer service in return, you’re in essence throwing money out the window. Given many companies raise their rates on a regular basis; you should hold businesses to the same standard when it comes to their level of customer service. If it is standing pat or decreasing, demand more and switch companies if necessary to receive the customer service you deserve.
In today’s world, getting the best products and services like phone service, cable, Internet and more at the best prices is something you should be dialed-in to.
About the Author: Dave Thomas writes for a variety of websites on topics such as marketing and finance.