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Do You Like To Shop For Christmas Early, Wait Till December To Buy Toys

(Photo by Michael Heiman/Getty Images)

Black Friday is one of the biggest shopping days for a reason. People go in packs to shop for Christmas Items. You really can save some money if you watch the ads and shop smart. If you really want to shop smart for the toys, wait. It’s against what people think but it will save you some money.

According to dealnews.com, some toys drop 27% from Black Friday to mid December. DealNews analyzed the price histories of the items on the 2012 Toys R Us “Fabulous 15 List” and found that nearly all of them that were discounted on Black Friday were reduced again in the first two weeks of December. For example, the price for the LEGO Ninjago Epic Dragon Battle set and the Lalaloopsy Silly Hair doll each dropped another 27 percent, while the Furby doll was discounted an additional 26 percent.

Electronics are offered as a cheap way to get people in to a store. Some offer a spend $100 get a free dvd player. That brings people in to buy the overpriced toys, even the toy makers add to the hype. The hot movie toys come out during the same season in order to capitalize on the overpricing.

That thought is echoed by Edgar Dworsky, founder of Consumerworld.org, who spends a lot of time tracking holiday prices and policies. “It’s almost impossible to snag the absolute lowest price because prices are not totally predicable,” he said. “If you shop a store that has a good price-matching guarantee or you use a credit card that has a price-guarantee feature, you’re protected if the price drops after Black Friday.

Read More from Herb Weisbaum NBC News contributor

 

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