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EOFY is always an exciting time of year. It's a time when brands and businesses offer their best products at discounted prices in the hope of clearing stock before the start of the new financial year. It can also be a great opportunity to pick up some last-minute Christmas gifts at bargain prices.
EOFY sales – what to expect
The end of financial year sales is a great time to snag a bargain on big-ticket items. This is because many businesses operate on a fiscal year, which ends on June 30. As a result, businesses often want to clear out inventory before the new fiscal year begins.
Here's what you can expect from this year's sales. Most retailers will start their EOFY sales early, with some offers available from the 1st of June to the 30th of June.
During this time, you can expect to see discounts on a range of items and many retailers will also offer interest-free finance deals.
In a nutshell:
There is more competition than usual as businesses try to outperform each other, which means more discounts for consumers.
Consumers can take advantage of these sales to get some great deals on items they may have been wanting for a while. However, it's important to be aware that not all businesses will have EOFY sales, and those that do may not have the same discounts as others. It's always best to do some research.
Miscellaneous tips for shopping on EOFY
It’s time to start thinking about shopping for those items you've been putting off all year. Here are a few tips to help you get the most out of your EOFY shopping this year:
- Plan ahead and set a budget: make sure you know what you want to buy before the sales start and try to resist the urge of buying unnecessary things. This will help you stay on track and avoid overspending.
- The EOFY sales are a great time to get a bargain, but you don't want to end up paying more than you have to. So do your research and compare prices before you go shopping.
- Be aware of the terms and conditions of the sale. Many companies have special EOFY sales and some of them may have different terms and conditions that you need to be aware of.
- Look for sales and discounts: Many stores offer discounts and sales around EOFY, so be sure to look out for them.
- Take advantage of online shopping: you can often find better deals online, and you'll avoid the crowds at the mall.
Best sales, deals, and steals Online
This classic department store in Australia is offering multiple discounts on various products like womenswear, menswear, kids wear, toys, kitchen appliances, and more, this EOFY! You’re sure to find something for yourself.
This year, Passu Fashion Store is offering 20% off on all promotion products and uniforms. So if you've been thinking of getting merchandise for your business, now is your chance. This is the perfect time to stock up on all the products you need, to get your business organized.
This online store is offering 60% off on all their products this EOFY, with a selection of clothes from popular brands, shoes, toys and beauty products, THE ICONIC has you covered. They sure have something for every style.
This official site for activewear in Australia has slashed its prices this EOFY, they are specialized in making athletic clothes for yoga, workout, and running, and also cozy loungewear for those who want to stay home and chill. Now is the time to restock your favorites.
The renowned brand offers a discount of up to 30% off site-wide on their branded collection of clothing. Pick your favorite style this EOFY.
This store with a range of winter clothing offers a discount of up to 50% off on their rugged yet eye-catching products. Prepare for winter in style.
Save up to 50-70% on women’s, men’s, and kid’s clothing and accessories.
The popular Australian brand, well-known for its oversized hooded wearable blankets is offering up to $50 off this EOFY. Stay warm and cozy this winter.
This homegrown fashion label offers up to 50% off on everything site-wide and 70% off on all their outlet styles. From cult denims, clothing and accessories to footwear and homewares, everything’s available.
This department store company offers up to 50% off on a range of products available online and in-store. You can shop for thousands of products from your favorite brands.
So what are you waiting for? Get started today and make the most of your financial year!
Written By Aniqa Ajward