Shopping and saving money don’t sometimes go together, but the right strategies can help you get a great deal—several money and coupon experts to uncover their best furniture store hacks.
Look for coupons through online newsletters and sign up for a retailer’s email list. According to some websites, you can also use a coupon database to find multiple vouchers in one place.
Keep an Eye Out for Clearance Items
Furniture shopping is both fun and frustrating. You browse catalogs and websites, dreaming about a new couch or bed. But the reality is that furniture doesn’t come cheap. Fortunately, you can save on high-quality, name-brand pieces by looking for sales and discounts.
Typically, you’ll find the best deals on indoor furniture around January and July when retailers restock their shelves with next season’s styles. Similarly, holiday weekends such as Memorial Day and Labor Day are great times to buy outdoor or bedroom furniture because stores try to clear out the old stock and make room for new items.
Floor models and clearance items are also good times to score bargains because retailers are trying to get rid of these items. These pieces may have noticeable flaws, but you can often negotiate a significant discount since the store is trying to move them quickly.
In addition to furniture sales, many large retailers have year-round coupons and promotions that you can use online or in-store. These can be percentage discounts on individual items or total purchases. Watch for these and sign up for email newsletters from your favorite retailers. Click here for more details. Another money-saving trick is to look for furniture at one-stop shops, which carry many brands and offer leasing options that make it more affordable.
Ask for a Large Discount on an Accessory
Some furniture stores offer a significant discount on accessories—non-furniture items like lamps, rugs, and knick-knacks—when purchased with a larger piece of furniture. This is because these items are generally marked up considerably more than the furniture and sell slowly, incentivizing salespeople to discount them significantly.
While chain-oriented furniture stores often have price guarantees and may not be willing to negotiate, independent shops are usually more open to haggling, especially if the store is in a competitive market with other locally-owned furniture businesses. When shopping at independently-owned shops, try to bring in coupons or promotions you’ve collected for additional purchases—like a grocery store—and ask the manager to honor them. The manager may not be able to offer you the exact percentage off as the coupon but can sometimes lower the price even further, such as by removing delivery charges or a restocking fee.
It’s also worth trying to shop during the last week of a salesperson’s month, as these stores typically give their employees monthly quotas that they need to meet. This makes them more willing to negotiate on pricing and other issues. Try scouring every nook and cranny for hidden discounts—even floor-model furniture when shopping at any store. You might be unable to furnish your entire house with the deals you find, but the savings can add up over time.
Look for Sales at Other Times of the Year
Furniture isn’t always on sale, but there are certain times of year when you can score better deals. You can get discounts on indoor furniture in February and August as stores clear out old styles to make room for new ones. Similarly, back-to-school sales are a great time to buy office furniture such as standing desks, ergonomic chairs, or modular bookshelves.
Other times of year good for deals include Memorial Day, Fourth of July, Labor Day, and Presidents Day. Some reports that retailers offer discounts these days to entice shoppers to purchase items they might otherwise be hesitant to buy.
If you want to snag a deal on an item that isn’t on sale, consider calling the store or visiting in person. Some salespeople and managers can reduce prices even below their advertised discount. One of the shoppers reported that a manager once went through the trash to retrieve an extra 10% off coupon for him. Also, ask about delivery charges and restocking fees, which are sometimes applied when you return an item. If you research and bargain well, you can save much money on a large furniture purchase. Moreover, knowing your rights can help you avoid being mistreated by a retailer.
Be Prepared to Negotiate
Furniture stores are often willing to negotiate prices for their merchandise. While many consumers may be reluctant to flex their negotiating skills, haggling can save money on large purchases such as furniture. Moreover, negotiating is not as complicated as one might assume. The key is to know how much you are willing to spend and what your walking away point is before you enter the store.
Most furniture stores will also give employees monthly quotas to hit, meaning visiting a store near the end of the month can be more advantageous as salespeople rush to meet their numbers. Additionally, furniture stores may be more willing to make discounts if they are trying to move older merchandise that has yet to find a permanent home.
Ultimately, the best way to save money on furniture is by knowing what you want ahead of time and being prepared to negotiate. While most furniture stores will not budge on the price of non-clearance items, they should be willing to work with you regarding accessories or other added features such as delivery, installation, and warranty. These tips and tricks can help you score the deal of a lifetime on furniture for your home. Happy shopping!