As summer draws to a close, many people are busy trying to squeeze in a few more weeks of fun in the sun. Retailers and resorts, on the other hand, are busy organizing end-of-season sales.
The end of summer marks a shift in many markets. Manufacturers are ready to unveil their latest models and the travel industry slows down considerably. In fact, a recent study1 shows that September marks the end of the peak summer travel season so vacationers can score big savings on airfare and hotels.
Here are some deals and discounts to look out for that should heat up the end of your summer:
If you have a major appliance to replace, this could be a great time to do it. September and October are two of the best months to buy a major appliance because many manufacturers will be releasing their new products. Retailers only have so much floor space available so they need to sell the old models to make room for the new ones. Check store websites and your local newspapers regularly for sale announcements.
Here is a list of common appliances that go on sale at the end of summer:
Outdoor equipment and grills
As stores get ready to trade their lawn movers for snow blowers, consumers should look for big sales on weed trimmers and other yard equipment. Many retailers also have discounts for outdoor furniture such as tables, chairs and umbrellas when purchased as a set. The end of summer could be a great time to invest in a fire pit or other furnishings as well.
For people who love to cook outside, grilling season never ends. With that in mind, sales for grills are red-hot at the end of summer and could present an opportunity to upgrade your equipment and accessories. Some floor models could also be sold at a heavily discounted price.
Laptops and electronics
Technology companies are well aware that the back-to-school season is the second busiest shopping season of the year2. In order to cash in on what students need, laptops, tablets and software are usually sold at discounted prices during this time. Be on the lookout for bundle deals (laptop and printer) and freebies (headphones, software) with certain promotions.
Other electronics that may be on sale include:
- Bluetooth speakers
- External hard drives
- USB flash drives
As one of the industries with planned sales cycles, most clothing brands will be offering end of season sales in August and September. If you wanted to buy a bathing suit or pair of sunglasses that were out of your price range in May, they could be marked down. The end of summer is often a great time to buy items at a fraction of the normal price and use them the following summer.
While you’re shopping for low-cost summer gear, keep an eye out for fall or winter clothing as well. Some retailers have clothes from the previous fall or winter season that they try to sell at deeply discounted prices. It may be worth asking a store associate if they have any clothing from last season on sale.
Late August through November is often referred to as “shoulder season3” in the travel industry. Falling between the high prices of peak season and the lousy weather of the low season, travel is slow in many markets toward the end of summer. With enough research, vacationers can find some of the lowest prices of the year on flights and hotels.
Another bonus of traveling during shoulder season is that your destination could be less crowded, making hotspots more enjoyable for some people. Local promotions and tourist attractions could also be discounted in order to draw in business from the vacationers who did make the trip. If you consider an entire vacation's worth of activities, it could add up to major savings.
Goodbye summer, hello savings
With back-to-school shopping in full swing and Labor Day sales right around the corner, the end of summer is a great time to save money. Saying goodbye to summer is never easy but saving money can make it a little easier. Cash in on these deals while they last!