Recent OzBargain Trends

mickyb80 on 02/08/2024 - 15:02
Last edited 02/08/2024 - 15:30 by 1 other user

Hi all, purely nothing more than an observation and question out of interest.

I've been wondering over the past few days if it's just me, and I'm not looking hard enough, or has there been a serious reduction in posts on OzB and up likes recently?

Perhaps there isn't many 'sales' and 'bargains' floating around in this past few weeks. Considering the usual 'mid year sales' that all happened with the lead up to EFY, yet, just thought it was interesting… Is everyone waiting for Boxing Day and Vogue Fashion Week, October Click Frenzy, Singles Day, Cyber Monday and whatever else is left before Christmas.

Maybe a lot of the members are waiting for tax returns/refunds to be released before spending again?
Tax bills, instead of refunds last financial year?

Just a lack of 'free play OzB monies' to waste and things are a little tight, while others might be holding out to see what happens with the next Reserve Bank announcements and reviews for the remainder of this calendar year?

Just wondering what is driving personal spending behaviours at the moment? (Question is on a serious note, not other jokes about family, eating, or some other behaviour or the likes that JV and team will usually chime in and come up with…)

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Comments

  • easternculture on 02/08/2024 - 15:06
    -2

    Just wondering what is driving personal behavours at the moment?

    BYD and Tesla deals

  • Duckie2hh on 02/08/2024 - 15:06

    driving personal behavours at the moment?

    Life.

  • Taro Milk Tea on 02/08/2024 - 15:10
    +1

    Perhaps there isnt many 'sales' and 'bargains' floating around this past few weeks.

    People here are more interested in free TV shows post in the streaming channels lately..apparently now it's considered as a deal even though I got banned because of posting One Piece live action series.

    • Nillionaire on 02/08/2024 - 15:33
      +1

      Great show, can't wait for Season 2

      • Taro Milk Tea on 03/08/2024 - 15:15
        -1

        It's in the rules 🙄

        Not for TV shows announcements.

  • alvian on 02/08/2024 - 15:12

    Statistics are here.

    • mickyb80 on 02/08/2024 - 15:29

      Hi Alvian,

      A real answer/reply. Thanks!

      I had taken a quick look at those last night. :)
      Hence my post. More so relating to the month of July.
      Guess its just a waste that i bothered to ask and may as well just wait for the stats. Simply thought it July seemed a little odd to me. Thats all.

      Not expecting June/July stats yet, althought May appeared to have a slight increase in most of the stats compared to April. Guess thats expected with the lead up to EFY.

      • easternculture on 02/08/2024 - 15:42
        -1

        I just think people are getting smarter.
        Posting a real bargain (potential price error, coupon leak, etc) may lead to company not honoring the deal for everyone. So i think most people who find these, buy and wait for it to be posted , and by that time, the deal or erroe would have ended or been rectified.

        Its like the DC shoes deal that was posted end of last month and them removed as duplicate. It was not actually a duplicate, but OP was very vague amd careful at the samw time in describing the deal. He said along the line to add the coupon code and you will see the bargain. Anyways DC shoes had already automatically applies the 40% off code but forgot to deactivate coupon code field. Most people who have just seen the message that 40% off had been applied and presumed that was the deal. So when you added SAVE40, you got a double discount of 40%+40%. I made a few orders and waited for them to be posted. But at that time the coupon had expired

    • Taro Milk Tea on 02/08/2024 - 15:44
      -2

      Serious question - is new TV show in the paid subscription media post now considered as a deal?

      • iguana on 02/08/2024 - 16:56

        Not a deal according to me.

  • neoleo on 02/08/2024 - 16:53

    You didn't mention Amazon Prime week promotions last month between 16-21 July, too many posts previously but I still managed to check the posts. I got really cheap nice looking watch + cashback during that promo.

    I am not interested with 10% discount bargain for example unless if I really need or want it. Everyone has different needs and preferences.

    I think maybe globally in general sales in third quarter are usually less than other quarters maybe? That could explain if companies report less sales during third quarter.

  • BargainHunterJohnnyB on 02/08/2024 - 20:06
    Merged from Lack of Bargains Recently?

    Am I the only one who has noticed a general lack of bargains these days?

    Back in the day there was loads of cool stuff - now? No so much.

  • BargainHunterJohnnyB on 02/08/2024 - 20:10

    OP I agree - prime day, boxing day, etc is all a gimmick. This place used to have legit bargains at random times, etc. Not so much any more.

    • Wiadro on 02/08/2024 - 21:06

      it does, the deals are in the forums
      you just gotta subscribe to the correct threads ;)

    • neoleo on 03/08/2024 - 00:07

      Depends on your interests on what kind of bargains?
      * Did you miss 5 months Amazon Music free trial? I got it and it's useful for me with hi-res music (unlike Spotify).
      * KFC 9 pcs of chicken for $9.95 or other KFC promo last month?
      * Free 6 months sub google one 200 GB through Tink?
      * 130% PureVPN cashback with profit around $50 for 5 year plan?
      * Much cheaper 1 year sim card? If you pay monthly, you pay too much …
      * David Jones $30 men's shirts after huge discount up to >80% discount? I got these also :P
      * Motorola/Samsung phones promo from Amaysim at the moment? Cheaper than most other stores.

      Check on "Live" page or "Deals" on each page if you miss any bargains.

  • Ghost47 on 02/08/2024 - 23:48

    Interest rates going from 0.1% to 4.35% is flowing through the economy and we are probably seeing the effects of that in a way. Rates would be driving both businesses and consumers to cut back (have you heard about all the redundancies that have occurred both locally and overseas the past 12 months?).

    Rates are staying "high" [i.e. at 4.35%] and people who have rolled off their mortgages onto higher rates are probably penny pinching more these days and businesses are really trying to maximise their profits by a) not deeply discounting their products like they previously would or not putting them on discount as often (e.g. Steam Summer Sale), b) trying to make even more money for less effort (e.g. Netflix with ads), c) shrinkflation-ing their products (e.g. KFC large chips) and d) redundancies/insolvencies occurring which means people have less to spend in general.

    Boomers might be spending big but I doubt there's a large proportion of boomers on OzBargain. Then we have Gen Z who are probably struggling to get work and going backwards if they've left home and are renting.

    IMO the lack of deep discounts overall is simply a result of people becoming greedier over time, although it's probably also due to rates going up too.

    • neoleo on 03/08/2024 - 00:25

      Deep discount still exists, depends on your interests. From ozb this year I got:
      * up to >80% discount men's shirts from David Jones
      * 59% discount of casio watch from amazon prime day and I still got the cheapest price among other stores
      * Cheaper 1 year sim card plans like $120 Vodafone 1 year and $120 Optus 1 year plan after $100 cashback from normal price $320 for other friend, etc.

      If not during June promotions, wait for Black Friday promotions then for deep discounts :)

  • mike6969 on 03/08/2024 - 07:53
    -1

    Young people don't venture outside tiktok/insta/Facebook these days

  • Sweet3st on 03/08/2024 - 09:28

    I agree that people are more cautious about posting deals these days, because often that means the partys over. Either the deal is instantly ozbargained, or the business quickly rectifies the situation. Plenty of businesses keeping an eye on OzB these days.

    • easternculture on 03/08/2024 - 10:03
      -1

      Thats why i kept the double stacking of dcshoes to myself. Grabbed a few $120 shoes for $15 shipped and some slides for $9 shipped among other things

      • neoleo on 03/08/2024 - 13:17

        PM me next time please ;-)

    • Speckled Jim on 03/08/2024 - 15:41

      They've been keeping an eye on everything for years. It's the inside track on consumer sentiment and buying habits they've been awaiting forever.
      It was a major pillar in the humour of Open All Hours and Are You Being Served? ie, the needs, wants and motives of the customer.
      If only we knew what they were thinking — we'd be rich!

      In the last twenty years or so, it's seen companies use positive reviews (real or not) as marketing leverage and justification for price increases.

      The message is: Don't leave glowing reviews. If the product is really good, underplay the praise and keep it cool.

  • povertytrap on 03/08/2024 - 11:53

    I agree that July seemed to be a quiet month in terms of ‘real’ bargains.

    • neoleo on 03/08/2024 - 13:21

      June EOFY promotions
      July Amazon Prime Week

      For example 50% or more discount not good enough for you?
      I got very cheap watch with 59% discount from Amazon Prime + cashback … It's the cheapest price compared with other stores for that product.

      • BargainHunterJohnnyB on 03/08/2024 - 14:54

        All that stuff is a gimmick.

        I've had people post deals on here where I paid $99 for $270 asics shoes

  • mike6969 on 04/08/2024 - 08:01

    You would be better off doing some quantitative research on ozbargain trends

    • HamBoi69 on 05/08/2024 - 10:38

      Please share the results :)

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