Since most of us could not or did not want to go out because
of the coronavirus lockdown, we turned towards online grocery shopping facilities. These have proven to be
extremely convenient. However, they have impacted on our budget as well. You
might find that you are spending more money or things are not adding up at the
end of the month. This can be attributed to grocery-related expenses and
delivery fees. As such, you should be very careful about hidden costs when
purchasing online. Below are some things that you should be aware of.
Markups
You might not know this, but there are some items that are more expensive online
that in stores. This is because delivery
firms, or the retailer that they partner with, increase grocery prices to
cover fulfilment costs. Moreover, if you opt for same-day shipping, there will
be additional costs to compensate for the short notice.
Additional costs
When you go to a supermarket, the price you see affixed on shelves is exactly
what you will pay while checking out. However, on online shopping
sites, that is not the case. There are several extra charges, such as delivery,
service, memberships and subscriptions that could be added to your bill. These
can range from a couple of pounds to dozens.
According to a financial expert, “You’re spending more money
because it’s a service”.
There are additional costs online
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