Holiday shopping guide: Shoes and bags

By Excel V. Dyquiangco, MoneySense magazine

Posted at Dec 14 2009 07:49 PM | Updated as of Dec 15 2009 03:49 AM

WHEN

Trek the shops during the months of September to January because it’s already the holiday season. At St. Francis Square in Ortigas Center in Pasig City, you can save as much as 10% to 35% (a cash equivalent of P150) in quality shoes, which are actually pre-owned items.

Buy bags before the Christmas season from November up to early the next year. Bags are also usually sold at lower prices during the months of May and June since this is the start of the school opening.

WHERE

Buy quality shoes at a wholesale price from warehouse clubs such as Makro, which has several outlets. You can leave your name and address with them and from time to time, they can send you brochures on the best quality bargains. Find a suki, or someone who knows you pretty well. In due time, the discounts go up. The trust factor is very important here.

You can buy quality and affordable prices at Bon-Bon store, located in Juan Luna, Binondo in Manila. They give discounts to all regular sale items of as much as 20% to 30%, especially when you buy it at a wholesale price.

HOW

1. Be friendly with the store owner
Okay, this might sound a little bit off but making friends with the store owner makes him or her likelier to give you discounts and other freebies. 168 Mall in Divisoria also offers great shoes at the lowest prices. You can save as much as half of the retail price of the shoes, and quality shoes at that – those you can easily find in malls.

2. Know what you want to buy
It makes more sense to buy bags that you like right away rather than wait for an occasion and be forced to buy something that you don’t like because of narrowing options and time constraints.

3. Join the club
Ask if the store gives certain discounts and privileges to certain card members. You’ll never know. Sign in the guest books of your favorite stores so that you will be informed of upcoming private sales for preferred clients.

4. Do your research
Try to browse through magazines which give you an idea on where to buy the best bargain shoes with much quality. These magazines can help you a lot since they offer the what, when, where, and how in saving on shoes.

From the 2007 edition of MoneySense, the country’s first and only personal finance magazine. You can read more financial tips and stories at www.moneysense.com.ph.