Microchip shortages may impact home appliances, holiday shopping

It’s always a good idea to get your holiday shopping done early, but this year it’s more important than ever. The pandemic has caused a microchip shortage and supply chain issues. This means electronics, many home appliances, toys and other products will be or already are in shorter supply.

Supply shortages, in turn, result in fewer bargains and higher than normal prices. This means that sticking to your budget and scoring all the items on your list will be harder than usual.

To make a success of your shopping this year despite the challenges, the Better Business Bureau of Greater Houston and South Texas recommends the following:

Know what products stores might run out of. Millions of everyday products use microchips to function. Computers, smart appliances, cameras, and toys that feature light, sound, motion, or any kind of tech all use microchips, meaning many manufacturers are already struggling to keep up with the demand for their products. Everyday home appliances such refrigerators, microwaves, etc. may be in short supply, which could affect your holiday cooking. Think though your shopping list and identify must-haves that are impacted by the shortage.

Start shopping earlier than usual. Don’t wait until Black Friday to start holiday shopping this year, as certain products may already be sold out earlier, according to some retailers.

When you find a good deal, don’t wait to buy. Good deals will be harder to find this year, so if you find a product in stock at a good price, take advantage right away.

Budget your shopping without expecting sales. Supply chain problems mean many retailers have had to pay more than usual for inventory and can’t offer the same bargain prices they did last year. In fact, many products that use microchips have already gone up in price, so plan your budget accordingly. Have a backup plan.

Because so many household items use microchip technology, some retailers already have products back-ordered into 2022. Try to stay flexible this year. If you absolutely can’t get a product or gift you had in mind, you may need a Plan B. For example, if the toy you wanted for your kids is not available or too expensive, keep in mind that the present climate only affects certain kinds of gifts. Plush toys, outdoor toys, and action figures sans electronic features should stay in stock and reasonably priced this year.

Watch out for scams. Whenever a product is in high demand, scammers try to take advantage of consumers. Remember, deals that sound too good to be true probably are. In addition, keep an eye out for sketchy sellers that may be selling counterfeit products. Finally, always research vendors you are unfamiliar with to make sure you’re dealing with a legitimate business before you make a purchase or give them your personal information, such as your credit card number. Check with the BBB at BBBHouston.org for reports on various businesses, before you buy.

Visit www.bbbhouston.org or call 713-868-9500. Leah Napoliello is BBB vice president of operations. Send questions to Leah Napoliello, Better Business Bureau, 1333 West Loop South, Suite 1200, Houston, TX 77027, or email lnapoliello@bbbhou.org with address and phone number.