Streaming issues? Report here
Just the Hits generic CapeTalk Just the Hits generic CapeTalk
Just the Hits
10:00 - 11:00
volume_up
volume_mute

Up Next: Inside EWN
See full line-up
Just the Hits
10:00 - 11:00
Home
arrow_forward
Business
fiber_manual_record
Local
fiber_manual_record
Lifestyle

Three questions to ask yourself before being sucked into the Black Friday frenzy

26 November 2020 7:45 PM
Tags:
Cyber security
The Money Show
Bruce Whitfield
Black Friday
Online shopping
Stuff Magazine
Toby Shapshak
COVID-19
bargain hunting

There's a danger of making bad choices when logic goes out of the window. Stuff magazine's Toby Shapshak has some pointers.

When there's a frenzy, it overtakes logic in the hunt for a deal. You end up spending money that you otherwise would not spend.

Bruce Whitfield, The Money Show host

There's a huge danger of making poor decisions once you get caught up in the frenzy of Black Friday deals.

In this year of Covid there's expected to be a marked increase in online shopping, with plenty of new customers who aren't yet comfortable doing it.

ecommerce, online shopping. Image: pixabay.com

And as Black Friday morphs into Black Friday Month, there's more time to snap up so-called bargains.

Bruce Whitfield chats to Toby Shapshak, publisher of Stuff magazine.

It's kind of bizarre because it's the month just before Christmas, which is the traditional time that everybody buys themselves that big ticket item they've been saving up for.

Toby Shapshak, Publisher - Stuff magazine

The one advantage of online shopping after a crushing year for most consumers, is the ability to make quick comparisons between the offerings on different websites.

But there are questions you must ask yourself before you take the plunge, Shapshak cautions.

Do I need it?

A lot of frenzied buying hinges on the "It's so cheap I'm just going to buy it!" trap.

Would it not be better to look at something a bit more rationally?

Where am I buying it?

Make sure you are buying from a reputable supplier.

And if you're using your credit card, check that there is a two-step verification process via your phone using a one-time password (OTP).

In fact FNB has just changed that. You no longer get an sms. You have to verify it in the app.

Toby Shapshak, Publisher - Stuff magazine

Have I done my homework?

Do your research so that you know for a fact that the product you're eyeing is really on sale at a good price.

We joke in the Stuff office that a certain website prices everything at, let's say, R5. Come back Friday and they increase everything to R7 and say 'reduced to R5'.

Toby Shapshak, Publisher - Stuff magazine

For more from Shapshak, take a listen:


This article first appeared on 702 : Three questions to ask yourself before being sucked into the Black Friday frenzy


26 November 2020 7:45 PM
Tags:
Cyber security
The Money Show
Bruce Whitfield
Black Friday
Online shopping
Stuff Magazine
Toby Shapshak
COVID-19
bargain hunting

More from Business

JSE Johannesburg Stock Exchange 123rf 123rfbusiness

Economy in 2021: 'Expect a better year for South African assets'

15 January 2021 3:02 PM

An economist expects China growth at 9.5%, US money-printing, rising metal prices and trade- and current-account surpluses in SA.

Share this:
Read More arrow_forward

Funky hipster retired older mature couple 123rf 123rfbusiness retirement

Retirement funds in SA are changing – new laws come into effect on 1 March 2021

15 January 2021 1:23 PM

Bruce Whitfield asks personal finance advisor Warren Ingram to explain in detail the new laws affecting provident funds.

Share this:
Read More arrow_forward

Germany german flag covid-19 123rf pandemic 123rfworld

Germany Covid-19 death rate now higher than US - considers 'mega lockdown'

15 January 2021 11:33 AM

Germany has squandered its early success in restricting Covid-19, laments Deutsche Welle Correspondent Chelsey Dulaney.

Share this:
Read More arrow_forward

Pouring red wine from bottle into glass with wooden wine casks winemaking 123rf

Wine industry runs out of storage due to ban - R1.5b's worth could be lost

14 January 2021 9:06 PM

A new harvest is imminent and there's no more space for unsold wine. We have the highest stock level ever - Vinpro's Rico Basson

Share this:
Read More arrow_forward

scam-alertjpg

Don't fall for promises of high returns from latest investment scam, warns FSCA

14 January 2021 8:19 PM

A new scam is surfacing on Facebook and WhatsApp groups. The masterminds are even using the FSP number of a legitimate company.

Share this:
Read More arrow_forward

Restaurant with spaced table for Covid-19 social distancing

'Thank you Mr President for not shutting us down, but we need more support!'

14 January 2021 7:35 PM

Loadshedding is another blow to the struggling restaurant industry. We need more relief says Grace Harding (Restaurant Collective)

Share this:
Read More arrow_forward

pick-n-pay-storefrontjpg

Pick n Pay announces retirement of CEO credited with retailer's turnaround

14 January 2021 6:41 PM

Richard Brasher will be replaced by Netherlands-born Pieter Boone in April. A retail expert evaluates Brasher's performance.

Share this:
Read More arrow_forward

business-closed-company-support-entrepreneur-owner-economy-123rf

Negotiations underway to bring back UIF Ters payments amid impact of second wave

14 January 2021 4:56 PM

Business and labour are pressing South Africa's government to introduce a new round of UIF Ters relief to mitigate the impact of the Level 3 lockdown.

Share this:
Read More arrow_forward

Elon Musk on the cover of Newsweek 123rfbusiness 123rf 123rflifestyle

Elon Musk threatens South Africa’s SKA telescope

14 January 2021 2:42 PM

Astronomers in South Africa are extremely unhappy about Elon Musk’s plans, says Jan Vermeulen of MyBroadband.co.za.

Share this:
Read More arrow_forward

200629-taxijpg

Prioritise drivers for vaccination against Covid-19 - National Taxi Alliance

14 January 2021 1:19 PM

It's a fact - minibus taxis are essential for the functioning of the economy. Lester Kiewit interviews Alpheus Mlalazi (NTA).

Share this:
Read More arrow_forward

More from Local

illegal-brew-sapsjpg

Eastern Cape cops attacked after confiscating over 300 litres of illegal brew

17 January 2021 1:30 PM

Police officials in the small Eastern Cape town of Joubertina came under attack after seizing hundreds of litres of illegal brew.

Share this:
Read More arrow_forward

160215Nurses.jpg

Contract nurses facing exploitation while agencies get rich, says union Denosa

17 January 2021 1:00 PM

Nurses union Denosa says many nurses contracted for the Covid-19 response are being unfairly treated in terms of labour laws.

Share this:
Read More arrow_forward

medical oxygen flow meter shows cylinder tank hospital healthcare 123rf

Groote Schuur anaesthesiologist explains how medical oxygen is made

17 January 2021 9:05 AM

Dr. Ross Hofmeyr, an anaesthesiologist at Groote Schuur Hospital, explains how medical oxygen is made.

Share this:
Read More arrow_forward

brandvlei-netflix-raphael-rowe-inside-the-worlds-toughest-prisonsjpg

'I was frightened' - Raphael Rowe describes being locked up at Brandvlei Prison

16 January 2021 3:52 PM

Journalist and ex-prisoner Raphael Rowe spent a week behind bars at the Brandvlei Prison for the new season of the docu-series, Inside the World’s Toughest Prisons.

Share this:
Read More arrow_forward

fresheuphonikpng

DJ Fresh and Euphonik step down from 947 and other public gigs amid rape case

16 January 2021 12:34 PM

DJ Fresh and DJ Euphonik have been pulled off air on music station 947 after reaching an agreement with management at Primedia Broadcasting.

Share this:
Read More arrow_forward

teacher face mask welcoming children back at school classroom Covid-19 123rf

Naptosa questions need for school management teams to return on 25 January

16 January 2021 9:20 AM

With the reopening of schools postponed to 15 February 2021, teachers union Naptosa doesn't see the need for SMTs to come back so soon.

Share this:
Read More arrow_forward

john-maytham-studio-commentpng

Govt again 'letting poor down, badly, callously, obscenely' says John Maytham

15 January 2021 4:29 PM

John Maytham vents about temporarily disabled people having to stand in long queues and getting water cannons fired at them.

Share this:
Read More arrow_forward

Police van SAPS

[VIDEOS] Police spray Sassa grant queue in Bellville with water cannons

15 January 2021 2:28 PM

Journalist Saawmiet Moos in Belville describes people queuing for Sassa social grants sprayed with police water cannons.

Share this:
Read More arrow_forward

Koeberg Nuclear Power Station 123rf 123rfbusiness

'Eskom has again been grossly caught with their pants around their ankles'

15 January 2021 1:29 PM

Energy analyst Ted Blom says Eskom doesn't report the additional shedding of VLS clients totaling an over 4000-megawatt shortfall.

Share this:
Read More arrow_forward

Man travel airport check-in boarding pass passport #123rflifestyle 123rf

Can you get a new South African passport right now?

15 January 2021 12:22 PM

W Cape Home Affairs' Sam Plaatjies says no, but the department has the discretion to renew passports on a case-by-case basis.

Share this:
Read More arrow_forward

More from Lifestyle

social media hashtag Twitter tweets online hands digital crimes 123rf

Emma Sadleir: Beware of the risks before naming and shaming perpetrators online

16 January 2021 11:53 AM

South Africa's leading digital law expert Emma Sadleir warns that there can be legal ramifications for making criminal accusations on social media.

Share this:
Read More arrow_forward

mental-health-stress-worry-anxiety-insomnia-sleep-couple-old-man-bed-123rf

Strained love relationships during Covid? Try to hang in there advises therapist

15 January 2021 6:16 PM

Relationship expert Paula Quinsee says do seek help but don't make rash decisions during these abnormally stressful times.

Share this:
Read More arrow_forward

Women reading book club literature books 123rflifestyle 123rf

John Maytham's Book Reviews: 15 January 2021

15 January 2021 5:17 PM

John's three book picks for the week.

Share this:
Read More arrow_forward

JSE Johannesburg Stock Exchange 123rf 123rfbusiness

Economy in 2021: 'Expect a better year for South African assets'

15 January 2021 3:02 PM

An economist expects China growth at 9.5%, US money-printing, rising metal prices and trade- and current-account surpluses in SA.

Share this:
Read More arrow_forward

Funky hipster retired older mature couple 123rf 123rfbusiness retirement

Retirement funds in SA are changing – new laws come into effect on 1 March 2021

15 January 2021 1:23 PM

Bruce Whitfield asks personal finance advisor Warren Ingram to explain in detail the new laws affecting provident funds.

Share this:
Read More arrow_forward

scam-alertjpg

Don't fall for promises of high returns from latest investment scam, warns FSCA

14 January 2021 8:19 PM

A new scam is surfacing on Facebook and WhatsApp groups. The masterminds are even using the FSP number of a legitimate company.

Share this:
Read More arrow_forward

Samsung WhatsApp 123rf

Telegram now counts 500m active users. 'People are rebelling against Facebook!'

13 January 2021 9:03 PM

The new privacy policy being implemented by WhatsApp's parent company is the straw that broke the consumer's back - Toby Shapshak

Share this:
Read More arrow_forward

hands-clinking-champagne-glassesjpg

Mindful drinking: 'Non-alcoholic drinks having a heyday in SA right now'

13 January 2021 8:28 PM

Non-alcoholic drinks can be seen on shelves just about everywhere. Bruce Whitfield interviews Mindful Drinking SA's Sean O'Connor.

Share this:
Read More arrow_forward

Profit interest yield growth

How to buy your very first share – even if you have mere cents to invest

13 January 2021 3:04 PM

You can buy R1 (or even one cent) worth of shares. "The key to getting started is to get started," says Charles Savage.

Share this:
Read More arrow_forward

Lions-Head-hiking-cape-town-adventure-tourism-table-mountain-safety-123rf

Digital guest tracker helps tourism sector manage Covid-19 spread

13 January 2021 1:01 PM

CEO of SA Tourism Sisa Ntshona explains how the technology works.

Share this:
Read More arrow_forward