Someone out there will ask; What does the writer mean by “Top 8 Actionable Ways to Save Money on Furniture”? Well, it’s pretty simple. let’s get started.
Furniture items are about the most important items in every home , offices, hotels, restaurants etc. For most people and organizations, furniture acquisitions are major decisions that need adequate planning and guidance. If well done, You can make significant savings or otherwise when poorly done. From my over 4 years experience in the furniture terrain, I have put together 8 actionable ways to SAVE MONEY on furniture in your next purchase.
I hope you find them useful.
So What Are the Top 8 Actionable Ways to Save Money on Furniture?
1. Consider buying your furniture between January and March
Most furniture purchases happen from mid-year and towards the end of the year with fewer purchases during the first quarter. Low sales in early part of the year may be due to expenses incurred usually at the beginning of the year such as school fees, Xmas and New Year celebrations which put a hole in most buyers’ wallets. As a result, most furniture stores/companies lower prices during this period to boost sales, this is the best time to buy. Remember, the goal is to make the most of every hard earned naira spent. SPEND WISELY
2. Buy during special promos, clearance sales, black Fridays etc.
Big Furniture stores /small furniture companies are always running promos either to clear off old stocks or to drive more traffic to their businesses. Most of these promos are real promos with real discounts as most stores/manufacturers decide to cut their margins and/or buy raw materials in bulk during promo periods. You can save big as much as 50% of the original price if you buy during such promos.
3. Consider buying slow moving items (When buying from stores) :
If you must shop at a regular furniture showroom, ask the attendant for slow moving stocks, the slow moving furniture items e.g. sofas, beds (heavily discounted) may just be the perfect one for you, there and then, ask for further discounts
4. Buy straight from local manufacturers/small furniture companies
Some gifted local artisans working alone or with a small furniture company with commitment to quality can replicate almost any design no matter how sophisticated the design may be at a much more affordable price using quality materials. You can make heavy savings buying from such companies. Small companies incur lower overheads compared to bigger companies.
5. Don’t rush to buy.
Always have an “adequate shopping period” for your furniture purchase. The period will allow you shop for the best deal possible without being rushed. The more time you have at your disposal, the more likely you will get better deals. The less desperate you appear, the more the seller will want to offer more discounts, (but watch it, with volatile prices of raw materials and forex, your stalling may boomerang and you might end up paying more)
6. Always negotiate price
We live in a culture where the sticker price is the final price, no questions asked. However, that does not have to be the case, especially for big ticket items. Many stores that carry heavy, expensive and large items have a greater incentive to sell these items as quickly as possible. Ask to speak to the manager and get further discounts. Remember, your goal is to get most value for the least price
7. Remember to always compare prices:
Most companies have the habit of requesting for 3 quotes when buying anything so as to be able to compare prices. You should consider doing same. But make sure you are comparing likes with likes and consider other benefits like warranty, refund policy, neatness of the finishing and the overall outlook of the furniture.
8. Do your furniture shopping online
The smartest savers buy furniture online. Unlike regular showrooms, online stores have low overheads. This means that they can afford to offer much lower prices for their goods of the same quality. Second, when you shop online, the items are shipped directly to you from the manufacturer. This equates to lesser shipping fees and the elimination of middlemen costs.
Remember the goal is to get best value at the least cost possible.
For more tips on ways to save money on furniture acquisition & general matters on furniture acquisition, please send your inquiries to us at LARGELIFE FURNITURE LIMITED via [email protected], or talk to Oluwaseun on 08036511738 and we will be glad to be of assistance.