If you make an unplanned visit to a clothing store, the regular prices can really kill your budget. But only suckers pay those prices. Here's how to spend significantly less than full price.

Seasonal Clearance Sales
Patient shoppers get the best deals by holding out for seasonal clearance sales, when stores unload their end-of-the-season inventory at discounts of 50% or more. Shopping these sales doesn't mean you'll have to wait until next year to wear your purchases or that you'll always be a year behind in fashion, either. That's because the end of a store's season doesn't coincide with the end of nature's seasons. Look for winter clearance sales in late December, January and early February, when you'll still have at least two months to wear your new sweaters and jackets. Summer clearance sales typically take place in August. Your favorite retailer might also have clearance sales at other times of the year, so keep an eye on the store's website to keep track of its sales.

It's true that your selection will be limited, and the jacket you love might be sold out in your size by the time a seasonal clearance rolls around. However, if you shop both in-store and online, you'll improve your chances of finding what you want. In-store inventories can differ significantly from online ones. A style or size that's sold out in one place might be available in the other.

Come-Back coupons
Some stores offer promotions that encourage you to buy now with the promise of additional savings later. For example, they might give you a coupon for $25 off your next $50 purchase when you spend $50 today. If you plan your purchases down to the dollar, you can get $100 worth of clothing for $75.

These deals usually have two caveats, however. First, some stores very carefully price their merchandise so that you almost have to spend more than the minimum to take advantage of the deal. It can be hard to spend an even $50 when the store's prices end in 90 cents. Second, these deals may only apply to full-priced merchandise, meaning you can't stack them on top of sale and clearance prices.

Printable Internet Coupons
Always visit a store's website before you visit the store in person to check for printable coupons, and look at the store's homepage for coupon codes before making an online purchase. Don't forget to actually enter that code when shopping online. A store will often announce a promotion on its home page but not remind you about it at checkout.

Online Cash Back
eBates, Shop Discover, American Airlines Advantage and other online shopping portals offer ways to earn cashback and frequent flier miles when you shop online. These rewards are small, but they do add up over time, and they can almost always be combined with sales and coupons. For example, if you visit ebates.com and click on its link to your favorite store before you check out, you'll get a percentage of your purchase back in cold, hard cash within three months.

Make sure to compare offers to get the best rewards. American Airlines might offer three miles per dollar spent, but for the same store, Discover might give you 5% back. The offers vary by store and by shopping portal.

Store Credit Card Promotions
Some stores offer exclusive sales and coupons to their store-branded credit card holders. Some stores also have a program that lets you accumulate points on your store credit card purchases, and redeem those points for discounts on future purchases. As long as you can use credit wisely and resist the temptation of all the advertising that usually accompanies these cards, their benefits can save you a lot of money.

Mailing List Coupons
Store credit cards might offer the best loyalty rewards, but sometimes you can get almost-as-good rewards just by signing up for a store's mailing list. Sign up for both email and snail mail to make sure you don't miss any discounts. Mailing list customers sometimes receive offers that aren't available to the general public. You might also get a special offer in your birthday month.

Receipt Surveys
The next time you buy clothes in-store, check the bottom of your receipt. Gap, Old Navy, Express and other stores often have a survey you can take online or by phone to get 10 to 15% off your next purchase. The downside of these deals is that you may not be able to use them online or combine them with other discounts. For the true bargain clothing shopper, 10 to 15% off isn't good enough, but if you need something new in a pinch, a small discount is better than nothing.

Credit Card Rewards
If you have a credit card that lets you earn points on your purchases and redeem those points for gift cards, look to redeem your points for gift cards to stores that sell clothing. Then use the techniques above to get as much clothing as possible for free with your gift card.

The Bottom Line
"Never pay retail" should be everyone's clothing-shopping mantra. It takes a bit of self-discipline and a touch of extra effort, but saving heaps of money on clothes is something anyone can do. You might occasionally miss out on an item you want while waiting for a sale. You'll also have to plan ahead and buy things when you can get them cheaply instead of waiting until you absolutely need them. But with so many ways to save money on clothing, there's really no reason to ever pay full price.

Related Articles
  1. Economics

    The Problem With Today’s Headline Economic Data

    Headwinds have kept the U.S. growth more moderate than in the past–including leverage levels and an aging population—and the latest GDP revisions prove it.
  2. Investing Basics

    10 Companies That Yuppies Love

    Learn about 10 companies loved by the modern Yuppie, including how this demographic's impressive buying power has boosted these companies' earnings.
  3. Investing News

    How 'Honesty' Could Pay off for Jessica Alba

    Is it possible that Jessica Alba is one of the savviest businesswomen on the planet?
  4. Investing

    Top Websites to Start an Online Business

    The Internet offers nearly endless ideas and opportunities for new businesses. Here are some great resources to get your online business up and running quickly.
  5. Personal Finance

    Invest in Costco? First Understand Its Balance Sheet

    A strong balance sheet sets a company apart and boosts investor confidence. How healthy is Costco based on an analysis of its balance sheets from the last two years?
  6. Investing Basics

    The 5 Reasons Why RadioShack Went Out of Business

    Learn five reasons why RadioShack went bankrupt: store concentration, online competition, product concentration, management issues and financial missteps.
  7. Economics

    Understanding Forward Integration

    Forward integration happens when a business takes over functions that were originally performed by its partners farther down the supply chain.
  8. Stock Analysis

    What Puts the Dollars in Priceline's Bottom Line?

    The Priceline Group is more successful than it may appear and is on track to enjoy tremendous profits down the road.
  9. Active Trading Fundamentals

    How Groupon Makes Money

    Find out how Groupon makes money, including a rundown of how Groupon works and what benefits it provides to the businesses it partners with.
  10. Stock Analysis

    J.C. Penney: Identity Crisis or Buy Opportunity?

    With so many recent leadership changes, J.C. Penney might be suffering from an identity crisis. Here's why and what you need to know.
RELATED TERMS
  1. Substitute

    A product or service that a consumer sees as comparable. If prices ...
  2. Fast Fashion

    Definition of "fast fashion."
  3. Duty Free

    Goods that international travelers can purchase without paying ...
  4. Transaction Authentication Number ...

    A one-time code used in the processing of online transactions.
  5. Mail Or Telephone Order Merchandise ...

    A regulation that controls businesses that sell products over ...
  6. Online-To-Offline Commerce

    A business strategy that draws potential customers from online ...
RELATED FAQS
  1. How can I invest in electronic retailing (e-tailing)?

    Electronic retail is one of the fastest growing segments of the economy. Every year, more people are choosing to purchase ... Read Full Answer >>
  2. What is the difference between JIT (just in time) and CMI (customer managed inventory)?

    Just-in-time (JIT) inventory management focuses solely on the need to replenish inventory only when it is required, reducing ... Read Full Answer >>
  3. What are some common ways product differentiation is achieved?

    There are many ways to achieve product differentiation, some more common than others. Horizontal Differentiation Horizontal ... Read Full Answer >>
  4. What economic indicators are important to consider when investing in the retail sector?

    The unemployment rate and Consumer Confidence Index (CCI) rank as two of the most important economic indicators to consider ... Read Full Answer >>
  5. What factors make it difficult to compare performance ratios between retail stocks?

    Companies that operate in the retail sector significantly differ in terms of their profitability and efficiency, making stock ... Read Full Answer >>
  6. Which socially responsible retailers appeal most to ethical investors?

    Ethical investors have many reasons to consider companies in the retail sector. The sector is broad and features an abundance ... Read Full Answer >>

You May Also Like

Trading Center
×

You are using adblocking software

Want access to all of Investopedia? Add us to your “whitelist”
so you'll never miss a feature!