When you do your online shopping chances are high that your
first stop is Amazon. Let’s go down the list of reasons for this you’ve got
convenience, prime free shipping, ships fast, and the best deal. Now let’s stop
and examine this last reason in closer detail and see how well it stands up to
scrutiny. The fact is that Amazon does frequently have the best deal, but there
is a catch. Since Amazon’s pricing is continually fluctuating, it may not be
the best deal online at the time of your purchase. Consumers now have a variety
of price tracking tools at their disposal to help to navigate this confusing
maze of smoke and mirrors that online retail now presents. Sites such as
CamelCamelCamel, Honey, Slickdeals, wikibuy, there’s even one for video gamers
called CheapShark. If you have never used one of these sites, it may be
surprising just how frequently and dramatically these prices change.
Take for example, this basic search for a Michael Kors
handbag on CamelCamelCamel. You can see from the graph the pricing takes a huge
dip during the holiday period in late 2017 and then skyrockets back to a new
high price of $252.61 by late winter of 2018, a swing of over $100 in a matter
of weeks.
This can be quite frustrating for consumers, and having to
make a price comparison for every purchase is very time-consuming. Remember the
old days when retailers prices did not change so frequently, and they did the
legwork of price comparison shopping for you then published it in tv ads and
flyers? Those days may be gone, but there is one retailer out to expose this
little secret of online retail. Zulily, a flash sale site, announced recently
that they would be rolling out a price comparison tool that will track both
Amazon and Walmart’s pricing and display it against their own. Now, this is
interesting because this is not a third party monitoring these price changes
but a direct retail competitor, and it’s being done in real-time. As much as
sites like Amazon and Walmart want you to believe that they have the best price
every day, it is simply not the case, and it’s becoming a whole lot harder to
ignore this fact with all the tools at a consumer’s disposal. What is the
takeaway here? Consumers need to shop around for the best deal these days, until
these wild pricing swings hopefully settle down as shoppers catch on to the
game. Independent retailers like our readers should not fear these tools
because they do a phenomenal job of exposing a fundamental truth that
third-party sellers like you are frequently the best deal out there without all
the pricing games.
You don’t play pricing games, and neither does
Foxliquidation, who offers a great product at a great price that you can count
on to deliver the best goods at the best price every day.