If you thought their 50% sale a couple of weeks ago was fantastic, now take that further.
H&M announced on Facebook today (11 Oct) that they have raised their discount in their sale and customers can expect up to 70% off selected items from Ladies, Mens and Kids.
Sale will take place at all H&M outlets in Singapore.
Do you ever purchase items that you do not need just because they are cheap or on sale?
Many of us do! If you adopt this hobby, it can easily get out of hand. Prevent yourself from spending on indulgences by regaining self-discipline with these 5 tips:
SHOP FOR WHAT YOU NEED
Previous studies have shown that people who overspend are craving for the surge of the feel-good hormone called dopamine. They associate this hormone to shopping for items while they are on sale. It is okay to give in to what your heart desires every once in a while as long as you are in control. However, you must regulate your shopping habits if you are overdoing it.
A bargain deal such as Lazada coupons can be a great score but, not if you have not intended to buy the item in the first place!
CONDUCT AN INVENTORY CHECK
I can still recall the moment when my mother came home with bag of groceries in her hands. Inside the bags were bathroom supplies such as shampoo, conditioner, and toothpaste. It dawned on me that she picked up the same items merely four days ago. She says it slipped her mind. Well, she is not alone!
It is common for people to buy new items because they cannot remember what they already have or they cannot locate them. I am not limiting this scenario to the items in your wardrobe as it is applicable to household products, car tools, and so on. A neat solution is to conduct a monthly inventory check to filter out what items are worn out, ill-fitted, and useless. You can toss or donate these items afterwards.
SPEND ON QUALITY
Clothes and other products that are of quality lasts longer and are usually more comfortable. Think about it! Cheap clothes are not entirely cheap as time passes. Mediocre items made with thin materials and poorly sewn ensembles wear out faster than quality ones. Furthermore, it requires time to replace and repair them. Consider spending your hard-earned money on few good things than, in loads of rubbish things.
Image Credits: pixabay.com
USE WHAT YOU BOUGHT
Whether you want to admit it or not, you use your most valuable items the least. You want to protect your precious item for as long as you can. I do too!
When I got my hands on the iPhone 6s last year, I played with it for a few hours and kept it safe in my cabinet. I relied on my iPhone 4 for so long that I jumped several generations when I bought the said device. Can you imagine how happy I was to explore the new iOS features and to savor the larger screen? Despite my satisfaction, I still preferred using my iPhone 4. I adored the new device and I did not want to spoil it immediately. A couple of weeks passed and I came to realize the irrationality in my actions. I bought this device for a reason and I must use it!
Use your priced item to maximize its value. Dissatisfaction can only lead to buying cheaper knockoffs or settling for less.
WALK AWAY CONFIDENTLY
Shopping eats up a significant portion of time. Sometimes, you may feel like your trip to the store was wasted if you do not purchase anything. This is why boutiques and online stores employ strategies to draw shoppers in for a long period of time. But, you must not fall for this! Purchasing something unnecessary makes is more wasteful than spending your time on window shopping.
Image Credits: pixabay.com
Remember that it is alright to walk out of the store and buy nothing.
Great Singapore Sale (GSS) is a shopping extravaganza that happens annually in Singapore.
Citizens as well as guests from all over the world can indulge on the extended period of this year’s GSS, which started last June 3. It is set to run for ten weeks instead of the usual eight. Its official partner card is UnionPay International.
The Great Singapore Sale is an event spearheaded by Singapore Retailers Association (SRA) along with the local stores and malls. Its primary purpose is to boost the tourism industry in the Lion City. In fact, the longer sale period was predetermined to better accommodate the tourists hailing from Asia-Pacific countries such as China. SRA’s executive director Anthony Gan stressed that the GSS 2016 coincides with the school holidays in June-August and the peak travel season in July.
This extension may very well increase the influx of tourists but it can also desensitize the locals.
2. ACCREDITED PARTICIPANTS OF GSS
There are no “official” participants of GSS as retailers are not required to submit to SRA guidelines or register with SRA to engage in the event. All the retailers who offer discounts or promotions during the GSS period are considered as the partipicants.
Moreover, merchants are not mandated to use the GSS logo. The decision to do so is left to the business owners because they must think about their own marketing strategies.
3. AUTHORITY GOVERNING THE PROMOTIONS
Aside from the freedom put on the incorporation of the GSS logo, retailers are free to determine their discounts and promotions. The minimum and maximum amounts of discounts, deals, and promotions are left to the hands of the retailers. SRA has little to no say in this.
4. DURATION OF THE RETAILER’S PROMOTIONS
In lined with Fact #2-3, perhaps you have an idea about the designated duration for the store’s sale. It is not compulsory to hold the sale for the entire GSS period. In fact, there were some stores that started their “GSS sale” even before June 3. These stores include Metro and Robinsons.
5. BLOGGER’S INFLUENCE
In 2013, the financial giant MasterCard Singapore launched the Princess Singapore Campaign that featured famous Singapore bloggers. The campaign was a success as MasterCard holders used their cards for a total of over US$1.5 billion (S$2 billion) during the GSS 2013.
6. RISE IN THE TOTAL RETAIL SALES
GSS contributes to the rise in total retail sales in the country throughout the years. According to the Ministry of Trade and Industry’s Department of Statistics, the total retail sales for June and July 2015 was about S$7 billion. It is a 6.1% boost over that of 2014’s.
Image Credits: pixabay.com
Since the flow of GSS is heavily bestowed upon the retailers, the possibilities are endless. Be sure to check out this grand shopping event! 🙂