In-store purchasing of electronics is going the way of the horse and buggy.
Best Buy recently announced the closure of 50 stores and experts are speculating the inevitable demise of the big-box company, thanks to stiff competition from e-retailers like Amazon. In 2011, Amazon's revenue rose 69 percent in electronics and general merchandise sales alone, according to the Associated Press. And Circuit City accepted its fate years ago when it closed its brick-and-mortar locations and now operates exclusively online.
Convenience and better prices are the name of the online-purchasing game, but that doesn't mean there aren't pitfalls to the practice. Before you invest in your next pricey gadget, consider these do's and don'ts before clicking "purchase."
DO Compare Prices
Most people know to consult online prices when shopping at brick-and-mortar stores, but the same diligence should be applied when purchasing something online. Though Amazon offers competitive prices, it behooves you to look at other sites and take advantage of sales and promotions. Read more
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