The Biggest Sale On Wayfair And How To Get The Best Deals

Wayfair has taken the home furnishing world by storm since its inception 20 years ago, per The Motley Fool, thanks largely to its seemingly infinite selection of affordable furniture and home decor; as well as its ability to easily and affordably sell home furnishings to a growing number of shoppers in a world shifting to online shopping. Wayfair has become incredibly popular in recent years due to its ability to provide an online sales platform in a market that wasn't previously utilized on a large scale -– furniture.

The idea of scrolling through hundreds of pages of trendy, high quality, and affordable pieces of furniture to immediately order one and have it arrive on your doorstep has turned Wayfair into what CNBC called "the Amazon of the home goods market." With so many products to choose from for every room of the home, the process of shopping on the online retail giant can be overwhelming -– especially when you're trying to get the best deal possible while still scoring a great piece to add to your house. Luckily, there are a few tips and tricks you can follow to ensure you feel confident in knowing when –- and how -– to shop for the best sales and save the most money.

Three words: WayDay in April

According to The Krazy Koupon Lady, the absolute best time to shop at Wayfair is on WayDay, which is the online retailer's highly-anticipated annual clearance event that takes place one day during the month of April. During the WayDay sale, shoppers can score up to 80% off sitewide. According to Forbes, WayDay is Wayfair's day of "better-than-Black-Friday-deals" on furniture and decor for all rooms of the house and for all tastes and styles. Shoppers can browse the huge sitewide sale by item, by room, or simply browse the thousands of discounted products on the site until something catches their eye.

The Krazy Koupon lady notes that Wayfair starts negotiating prices with its vendors months in advance to prepare for this hugely popular sale and that prices are slashed so low that Wayfair's profit margins from WayDay are almost zero. Wayfair credit card holders can also reportedly earn triple points for every purchase during the WayDay event.

Don't buy anything not on sale

Wayfair has various sales throughout the year that take place about once a month, per The Krazy Koupon Lady, so even if you miss out on WayDay, you should still wait until an item you love goes on sale to buy it because odds are you won't have to wait very long. Like many other retail stores, WayFair schedules some of its major annual sales events in correspondence with major holidays and national events. Per The Krazy Koupon lady, aside from WayDay, Wayfair holds other annual sales events such as their Black Friday sale, where shoppers can score up to 80% off on select products, or their Labor Day and Columbus sale, where shoppers can score up to 75% select products.

If you miss out on any of these annual sales or simply cannot wait for another regular, monthly sale to roll around, it is recommended that you at the very least use a coupon code to save some money on your order -– and according to The Krazy Koupon lady, those coupon codes aren't easy to come by. The only way to score any sort of discount code is to register on their site, after which they will send 10% to 15% off coupons to your email inbox. The catch is that you are not able to stack multiple codes together, so only one code per order will be accepted.

Consider buying open box

Another great way to save money on Wayfair products of every kind is to shop their open box section –- which is basically a selection of unused items that have been returned and fully inspected by Wayfair to ensure they are in good condition, according to The Krazy Koupon Lady.) If you are fine ordering products that are not necessarily brand new in order to save big upon checkout, then browsing the open box section of Wayfair's website is definitely recommended.

The downside of Wayfair's open box sale is that the products are final sale, so they cannot be returned. However, with Wayfair's guarantee that each open box item has been inspected before being re-sold, you can confidently shop those awesome clearance deals knowing that whatever you buy will be in great condition when it arrives on your doorstep. The Krazy Koupon Lady notes that promo codes or rewards dollars cannot be redeemed on any open box products -– they are as marked down as they are ever going to get. Fortunately, you don't need to rely on coupon codes to get a great price on these products thanks to the already awesome markdowns.