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How Amazon Tricks You into Thinking It Always Has the Lowest Prices

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11–20 of 104 posts

Re: How Amazon Tricks You into Thinking It Always Has the Lowest Prices

#11
I dont get why they use HDMI cables as their first example: we keep buying HDMI cables because they get busted, not because we need more.

AmazonBasics is currently the best cheap cable (replacing Monoprice's now that they aren't nearly as good as they used to be).

Also, why does the article call them HD cables. Whats an HD cable? None of my ports say HD, they say HDMI.

And it doesn't even get into how Prime games S&H over the long term.

Re: How Amazon Tricks You into Thinking It Always Has the Lowest Prices

#12
They mention HDMI cables specifically. I just went into a Best Buy and asked for their cheapest HDMI cable. The salesman showed me one for $15. The Amazon basics cable is $5.49. If you've got Prime and you factor in the shipping costs of using another website, it's hard to beat Amazon's price.

Re: How Amazon Tricks You into Thinking It Always Has the Lowest Prices

#13
post #5

When I started working on https://trackif.com , I thought the premise was thin because prices couldn't fluctuate that much. I assumed everything gradually declined in price, and that it'd primarily be driven by store-A vs store-B price dropping. Nope. Retailers are just gaming us 24/7. I've become very aware of all the different timeframes retailers offer post-purchase price-matches (published at http://blog.trackif.…

Why would I trackif instead of camelcamelcamel? I'm seriously interested.

Also, when are you going to add an Android app that does barcode scanning?

Re: How Amazon Tricks You into Thinking It Always Has the Lowest Prices

#16
It's not only amazon that does this with loss leader pricing, it its also my local grocery store with milk and bread.

For me what gives me the impression amazon has the lowest prices are their nearly nonexistent profits. Whatever's up may not the the cheapest but it's always difficult to find something cheaper elsewhere, even if it does exist.

Re: How Amazon Tricks You into Thinking It Always Has the Lowest Prices

#17
> The startup wants to help Amazon competitors think about pricing in as sophisticated a way as Amazon does.

The catch is that if several big retailers apply the Amazon strategy, a self-reinforcing feedback loop will drive the prices for popular products to zero and the prices for less popular products to +inf. This will make popular products even more popular, which further strengthens the effect. The question that this startup has to answer is thus how they are going to keep the market from exploding and how they can benefit several clients at the same time.

Re: How Amazon Tricks You into Thinking It Always Has the Lowest Prices

#18
post #5

When I started working on https://trackif.com , I thought the premise was thin because prices couldn't fluctuate that much. I assumed everything gradually declined in price, and that it'd primarily be driven by store-A vs store-B price dropping. Nope. Retailers are just gaming us 24/7. I've become very aware of all the different timeframes retailers offer post-purchase price-matches (published at http://blog.trackif.…

I can speak to 25 years ago: the answer is yes. Here are some of the things I saw:

* Marking items up 30-45 days ahead of a big sale. This allowed our price to be 25% off instead of 10%. Or sometimes, our sale price probably should have been the regular price. This happened all the time, and people fell for it hard. Usually this would happen before a 10% off everything sale.

* Price adjustments from competitive shops. All of a sudden on some non-advertised sale day the laser printer would spit out a new low every day price if a strategic product was priced above the competition.

* Some price adjustments occurred to game the competition. We did this a lot with appliances where we'd mark up a model we knew the manufacturer had a ton of inventory. The competition would buy a few truckloads and then we'd run $200 off when they ran their $100 off add.

The only thing the internet has changed is the speed price changes occur and has enabled some other kinds of buy this get that deals.

Re: How Amazon Tricks You into Thinking It Always Has the Lowest Prices

#19
post #5

When I started working on https://trackif.com , I thought the premise was thin because prices couldn't fluctuate that much. I assumed everything gradually declined in price, and that it'd primarily be driven by store-A vs store-B price dropping. Nope. Retailers are just gaming us 24/7. I've become very aware of all the different timeframes retailers offer post-purchase price-matches (published at http://blog.trackif.…

https://trackif.com/domains/amazon.com/53a901bb72d6d0fc3d3d0... Interested if you get more profit from demanding sign-in before you'll let people follow your Amazon links. Have you tried just using referrer links - presumably you do it this way on the basis that long term association gains enough to let one-time users abandon and skip direct to the site for purchase?? Interesting site, would definitely try it if ther…

http://camelcamelcamel.co.uk

Works for Canada, China, France, Germany, Italy, Japan, Spain, US. Historical price information anything where someone's looked them up at least once - which basically means everything, except super-super-tail items.

It's pretty amusing to see how much the price fluctuates over time - probably tracking other stores' special deals and so on.

I mostly use it to buy games: set a price track alert when they come out, tell the site to email me when they hit £20 a year or two later.

Re: How Amazon Tricks You into Thinking It Always Has the Lowest Prices

#20
post #5

When I started working on https://trackif.com , I thought the premise was thin because prices couldn't fluctuate that much. I assumed everything gradually declined in price, and that it'd primarily be driven by store-A vs store-B price dropping. Nope. Retailers are just gaming us 24/7. I've become very aware of all the different timeframes retailers offer post-purchase price-matches (published at http://blog.trackif.…

I can speak to 25 years ago: the answer is yes. Here are some of the things I saw: * Marking items up 30-45 days ahead of a big sale. This allowed our price to be 25% off instead of 10%. Or sometimes, our sale price probably should have been the regular price. This happened all the time, and people fell for it hard. Usually this would happen before a 10% off everything sale. * Price adjustments from competitive shops…

You need to comment more on HN. Everytime I see your username I think "Why doesn't he have more karma - he typically responds with gems."
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