As we all know, outlet malls are a great way to save money on brand name items. However, if you don't have a good shopping strategy, you could end up overspending or missing out on a great deal. So, before you hit the road, here are a few things to look out for while shopping at the outlets.
First, watch out for the different types of stores you'll find there. Most outlet malls have factory stores, which tend to sell lower-quality clothes, and true outlet stores, which usually carry overstock from last season. But among these shops are regular retail stores that sneak into outlet malls to take advantage of the big crowds they draw. Don't be fooled -- the deals at these stores are no better than what you'd find in their other locations.
Another way to get the most out of your trip is by knowing when to shop. Your best bet is going during the middle of the week. Not only will you avoid the huge crowds, you'll have a much better chance at finding a one-of-a-kind deal. In fact, at Simon Premium Outlets, which has dozens of locations around the country, shoppers age 50 and up get an additional 10 percent off on Tuesdays. Take advantage of those mid-week deals!
Finally, before you leave, go online and take advantage of coupons that most outlet malls offer. For example, at PremiumOutlets.com, you can sign up for their VIP rewards program and get coupons and vouchers for free. The best part is you can usually combine these coupons with in-store sales, which means you'll double up on the discounts.
Remember these tips to get the most out of your outlet shopping trip. You'll see that by doing a little bit of planning before you leave, you'll be able to save a lot more while you shop.
World's Best Outlet Stores
Maximize Your Trip to the Outlets -- Savings Experiment
This may be the summer of high gas prices, but that's not stopping hordes of shoppers from driving for hours -- or in some cases flying across continents -- to visit the world's best outlet stores.
Italian Consuela Castiglioni's intellectual, artsy wares are marked down 50% or more at this suburban outlet store. Christine Low, a fashion show director, says, "I am not a very patient shopper, but I end up spending more than two hours every time I am in Milan at the Marni outlet." For more information, visit: www.marni-international.com.
Here you'll find smaller labels like La Perla and Wolford alongside Burberry, Barneys and Chloe. There are also temporary clearance stores that pop-up throughout the year, offering even deeper discounts. For more information visit: www.premiumoutlets.com
The discounted version of Joyce Ma's eponymous high-end department store rivals its pricier counterpart in popularity and urban cool. Fashion brands range from Vivienne Westwood to Jimmy Choo. For more information, call 852-2814-8313.
In the Tokyo area, Gotemba Premium Outlets boasts stores varying from upscale jeweler Bulgari to mid-level Coach to avant-garde Maison Martin Margiela. For More Information visit: www.premiumoutlets.co.jp
The inconsistency of Designer Miuccia Prada's fashion house tends to confuse less-savvy tourists. Shoppers can also find deep discounts--50% or more--on Prada's second-tier line Miu Miu.For more information visit: www.prada.com
More from WalletPop: What to Buy & Not to Buy at Thrift Stores
Buying pre-owned goods at your local thrift store can yield you great bargains. But before you head out, WalletPop.com bloggers want you to keep an eye out for these 20 items: 10 to snap up and 10 to avoid!