$15 Kohls Cash for every $50 Spent from 24-30 November!
Reader Saianel alerted me to the release of Kohls’ Black Friday advertisement yesterday. It has some really nice sounding deals in it, and a whopping $15 Kohl’s Cash per $50 spend. I’ve written about the value of stacking Kohl’s promotions in the past, here’s another great opportunity to stack!
You can find the advertisement here courtesy of Fatwallet. I took a look through and identified a few things that piqued my interest. The sad part is, I won’t be around on Black Friday, so I can’t take advantage of the in store options. But I hope others can! Before I discuss potential products, I want to give you as much of an edge as possible.
Planning Augments Resale Returns (PARR)
Ok, so I made up the acronym. But it sounds soo good… PARR. For those of you that have not maxed out your Chase Freedom Quarterly 5x (up to $1500), or Discover IT 5x (again, up to $1500), now is the time to stock up on Kohls Gift Cards. I haven’t seen any confirmation that purchasing Kohls Gift Cards online gives shopping portal bonuses anymore, so I’ll offer that if you don’t want to deal with limited $100 gift cards, you can go in store and get up to $500 gift cards.
But what if you are ahead of the game and maxed out your Freedom and Discover 5x? I’d like to introduce you to granny — GiftCardGranny in fact. This site allows you to see what the best percentage discounts on gift cards are. Looking today, there are some as much as 43% off (but shipping costs decrease the savings). Take a look:
Discounted Kohls Gift Cards through GiftCardGranny.
The highlights of Kohl’s Black Friday
Page 3 – Garmin Nuvi 52LM. This product is a top seller on Amazon. Kohls has it for $79.99 in store. Amazon’s price is $98.99, of course is sold by Amazon so figure that you’ll need to undercut that. Generally they sell very quickly, but at a pretty low margin. In this case, anticipate that a less than 5% margin after you account for tax, shipping, etc. But, if you’ve got a really good discount on your gift cards, you can come out ahead.
For comparison sake: right now the Garmin Nuvi 52LM is at $129.99, so even with a 30% discount, it doesn’t even get close to the Black Friday pricing.
Page 5 – Xbox 360 4GB. Not as top a seller as the Garmin Nuvi, but, its #139 in Video Games. Kohls will have it for $129.99, Amazon is selling it for $179.99. There’s some room for upside on this one.
For comparison sake:right now the Xbox is regularly priced at $179.99. You’d think this is one that the 30% off discount for Kohl’s Charge holder, but this product isn’t covered by that.
Wrapping Up
Black Friday generally brings about a lot of great opportunities. I’ve only specifically highlighted 2 products at Kohls, but I’m sure others who know other categories (like Toys) will be able to find a lot of value. But remember, as good as Black Friday can be, there is always Cyber Monday (with shopping portal points!)
Or if you want a guaranteed 18% discount and to avoid scammy Ebay sellers, go through TopCashBack:
http://frequentmiler.boardingarea.com/2014/11/17/kohls-gift-cards-20-cash-back/
Trevor,
Would be interested in your thoughts on the idea of buying products that you know will be on sale now, and returning on BF to do a price adjustment. Is this a valid strategy, or one not worth the hassle? I’ve been debating doing this because it guarantees stock, and also allows me to not deal with the crazies fighting over items.
Any specific experience with buying then doing a price adjust at Kohls or anywhere else?
@Sam – I have tried doing that in years past, and it is a huge pain. Even Costco was quite difficult. And, you still have to deal with the crazies, but they are a whole lot less happy or joyful in the customer service line.