Published on: 2 Oct 2019
According to a new study, as many as 80 per cent of shoppers need to shop around for discounts to make ends meet.
While some see discounts and sales as just a fun way to grab a bargain, for some it’s a necessity. The average person will spend almost four days a year looking for offers in an attempt to cut their bills
and regular expenses.
Those who make between £20,000 and £30,000 are more likely to be ‘discount dependent’, according to the study carried on behalf of TopCashback and seen on ThisIsMoney.The best savings come from deals that are found in grocery stores, such as ‘buy one get one free’ and ‘half price’.
On average, consumers spend £67 a week on food and drink, but that’s after factoring in all the discounts. Without discounts, shoppers would be spending close to £120 per week. The same goes for clothing and shoes.
The average household will spend £104 a month on clothing and shoes, but without discounts, the amount would be £48 higher. Cashback websites are also a popular go-to deal for many people. Shoppers are earning an average of £300 a year in cashback.
Back to news