News | Lifestyle: 12 mistakes you're making while Black Friday shopping that are costing you hundreds of dollars

Lifestyle: 12 mistakes you're making while Black Friday shopping that are costing you hundreds of dollars

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It's no secret that shopping on Black Friday can get overwhelming.

Most people go into Black Friday with an idea of what they need, but end up leaving with large bags full of unplanned items and an empty wallet. Failing to do your due diligence and falling for scams can actually end up costing you more money than you'll save on Black Friday.

Keep reading to learn about more mistakes you've been making while Black Friday shopping.

You're not doing your research.

You're not doing your research.play

You're not doing your research.

(REUTERS/Shannon Stapleton)

Arguably the most important thing you can do before Black Friday is doing research in order to make sure that the deal being offered is actually a deal.

First, don't get distracted by low prices and flashy coupons. Secondly, double check to see if the product is actually what you need and has the capabilities that you desire before running out to purchase the item. You'll definitely feel silly if you wake up in the wee hours of the morning to buy a certain product only to later find out that it's cheaper on Amazon.

You're falling for scams.

November 23, 2017.play

November 23, 2017.

(Paulo Whitaker/Reuters)

Unfortunately, Black Friday is the perfect opportunity for scammers to trick customers. Your email may be flooded with coupons and deals from your favorite stores, but sometimes you may be lured into a trap from unknown retailers. Avoid links on social media from unreliable retailers and stay away from "too good to be true" deals.

You're being tricked by bait-and-switch tactics.

You're being tricked by bait-and-switch tactics.play

You're being tricked by bait-and-switch tactics.

(Sarah Jacobs/Business Insider)

It happens to someone almost every year: You rush out for that $100 dream television to learn it's already sold out. It's possible the retailer only had a handful to begin with, and then direct you to more expensive TVs that are lesser quality. This is known as the bait-and-switch. Don't fall for it! If they don't have the deal you came for, it's sometimes better to leave empty-handed.

You're forgetting to check the store's return policies.

You're forgetting to check the store's return policies.play

You're forgetting to check the store's return policies.

(Sean Gallup/ Getty)

Some stores have stricter Black Friday return policies because they are marking down products that are undesirable or out of date. If you find yourself needing to return an item, you might be out of luck. Instead, do your research and find out which stores have the best return policies, and don't forget to check if their rules change for Black Friday deals.

You're buying outdated technology.

You're buying outdated technology.play

You're buying outdated technology.

(Justin Sullivan/GettyImages)

Sometimes there's a reason why technology is being marked down so drastically. Typically, it's because the discounted price is on older models, and retailers are getting you to buy outdated tech.

Check to see if the product is actually worth the money. Also, don't forget to research if any upgrades are happening within the next few months. That deal on an iPhone may not make sense if a newer model comes out next month.

You're only looking for the lowest prices.

You're only looking for the lowest prices.play

You're only looking for the lowest prices.

(Rob Stothard/Getty Images)

Instead of looking for the lowest prices, you should be looking for the greatest value. Remember, retailers are trying to distract you with numbers and flashy advertisements. Don't get tricked into buying something just because it's cheap. You'll be unnecessarily spending money on items you don't need, and in the end, you'll be spending even more.

You're not using a price comparison app.

You're not using a price comparison app.play

You're not using a price comparison app.

(George Frey/ Getty)

Despite your planning and research, you may be confronted with a great deal that you weren't expecting. The best way to decide whether buying the product is worth it or not is by using a price comparison app. ShopSavy and BuyVia are both great options to compare prices and make sure you are getting the best deal.

You're not sticking with brands that you know and can trust.

You're not sticking with brands that you know and can trust.play

You're not sticking with brands that you know and can trust.

(Sandy Huffaker / Stringer / Getty Images)

Stick to the brands that you know and trust. Don't be persuaded to buy a knock-off item just because the deal is better. It will save you money in the long run.

You don't have a plan or a strategy.

You don't have a plan or a strategy.play

You don't have a plan or a strategy.

(Tom Pennington/Getty Images)

You must be strategic when shopping on Black Friday. It is not the time to window shop and ponder what to get everyone in your family. Know exactly what you need and where you need to purchase it from. It helps if you map out which stores you need to go to and in what order. Making an itemized list and detailed schedule before you leave your house will save you a headache later.

You're not utilizing the employees for help.

You're not utilizing the employees for help.play

You're not utilizing the employees for help.

(AP Photo/Paul Sakuma)

Store employees are there to help, so use them to your advantage. Not only do they know the best deals, but they also know where every product is in the store. When the store is crowded with hundreds — if not thousands — of Black Friday shoppers, the employees can help you navigate.

You're waking up too late.

You're waking up too late.play

You're waking up too late.

(Eduardo Munoz/Reuters)

Although sales last all day long on Black Friday, the best deals are early in the morning, as many are only as long as supplies last.

The earlier you wake up and get in line, the bigger your chances of snagging the best deals and saving hundreds of dollars.

You're forgetting about Cyber Monday.

You're forgetting about Cyber Monday.play

You're forgetting about Cyber Monday.

(Justin Sullivan/Getty Images)

Remember that the deals don't end on Black Friday. Save money for Cyber Monday, where you can get bargains at big online retailers like Amazon.

Visit INSIDER's homepage for more.

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By Kwame Ntow 07/11/2018 14:56:00