What is EOFY - End of Financial Year Sale?
EOFY stands for End of Financial Year, and there's usually plenty of new deals available every time it approaches. Sales are a great opportunity to find the best deals on Australia's magnificent range of products. Whether you have something specific in mind or just looking for a lot, find your favourite at an incredibly cheap price during the EOFY sale. It covers all the big brands you can think of, including technology, fashion, fitness, games and household items. So you can get some cheeky gifts for yourself without breaking the bank
Here are some helpful tips and the questions you need to ask for you to get the most out of the EOFY sale.
When is the EOFY sale in Australia?
The End of Financial Year falls on 30th of June in Australia. The EOFY sales will generally start weeks before 30 June, so you'll have plenty of time to browse and shop discounted items so start looking online and sign up to your favourite stores newsletter to know what is coming up on sale.
How much do I need to allocate for the End of Financial Year Sale?
Ask yourself how much you want to spend for an item or for the entire sale period. Setting up a budget will ensure that you will only spend within your means and help you not to go overboard. Remember, the goal is to save not to overspend and to score a bargain.
What do I want to buy in the End of Financial Year Sale?
Creating a list will help you narrow down the items/products you want to buy. If you need items for the family, birthdays or Christmas, this can be a great time to grab a deal!
How much savings do I get at the EOPFY Sale?
Do your homework and list down the price of each item pre-sale period and compare to the sale price for you to see how much savings you’ll be getting. Don't get tricked out by items that were already on sale beforehand.
Questions to ask while purchasing at the End of Financial Year Sale
What do I need this item for?
Buying an item on sale may seem to help you save but you will only get the savings if you will be using the product. Having a clear idea of what you want to do with a product before you add them to your cart will help you make the shopping experience easier. Shop smart, not hard.
Is it the right time to buy?
Do I need to buy this now, or is it better to wait until the next sale or the new model/version comes out?
Where is it on sale?
The EOFY sale is not just offered by the big companies or retailers, check on other stores and compare it. Different stores may have different models, and an item may not be available on another store, sometimes it can be an exclusive offer too. There are also one-stop shops that may offer better savings than going from one shop to the another.
What kind of after purchase support is available?
This is very important, always check on what type of support the seller provides, especially if you’ll be purchasing electronics or gadgets. Make sure to read the terms and conditions and don’t hesitate to ask questions like what do you need to do if you want or need a replacement? Or if the store will be providing a return guarantee. Small details that will help you out after the sale is over.
Lastly, bear in mind that this is a yearly sale. If you can’t buy something right now, or the product you want is not on sale, that’s alright. Don’t stress out, just enjoy the privilege of getting to have items you like at a really good price.