Ssshhh... its e-commerce ( Things you may have missed about online stores ) - Part 1
Online Shopping
Yeah !! you know about it, you've been shopping a lot online. You've spent ages, hopping from site to site in search of the lowest price and have become a shopping-ninja. You can even find the best price from the millions of results Google returns in just (0.47 seconds).
But still there are few things you may have missed. So I (ex-shopping-ninja) thought of sharing my observations to help fellow buyers.
The Best Price Hunt - You put in lot of efforts in finding the lowest price before making a purchase. Online purchase decisions, mostly are not instantaneous (I am not talking about tickets here). Hunt continues till you're not sure on the champion seller. (which may even take a week or two)
But is it the best price at the time of your purchase ??? Well may be !!
Or may be not, because Product Prices Fluctuate . Yes !!! they do a lot. AND I am not talking about the depreciating price of electronics over time. C'mon...everyone knows that a blackberry released at 20,000 may drop to 15,000 after six months.
What I noted is - Online stores keep changing the prices many times in a month and sometimes even 3-4 times in a week. And fluctuations mean both Price Hikes and Price Drops.
[Image - HTC Radar price at 5 major Indian online retailers for last 30 days]
So If you follow the prices before making a purchase, you may get a price drop.
( I now follow the prices before buying. )
Check out one more - Price fluctuations of Nokia C2 - 02
[Image - Nokia C2-02 price at 6 major Indian online retailers for last 30 days]
Hope you grab the best deal at the Right Time.
Comment
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Comment by Puneet Sharma on April 26, 2012 at 6:48pm -
Dr. Sourabh - Rediff mostly remain in their own world... ha ha ha. But they sometimes do surprise with jaw dropping price drops.
Retailer's behavior can not be concluded only by looking at these two products. They're selling too many, and change too often.
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Comment by Dr.Sourabh R.Welling on April 26, 2012 at 6:29pm -
So looking over the charts it can be concluded that Letsbuy and Flipkart are checking out others rates more aggressively and offering rates that are lower than those of others especially Flipkart . Flipkart charges highest or at a higher end for first few days or weeks and later reduces the rates to that of the lowest And Rediff is in their own world .
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Comment by Himanshu Agarwal on April 26, 2012 at 5:17pm -
Is therodinhoods.com optimized for certain browsers and not for others...I use IE8 and am unable to see the pictures in this post. I only see white spaces between paragraphs...
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Comment by sandeep reddy on April 23, 2012 at 4:31pm
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thats y the price comparison sites or on rage now. like http://www.mydiscountbay.com/ mysmartprice.com and http://www.pricecheckindia.com/ and so on
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Comment by Puneet Sharma on April 21, 2012 at 7:02pm
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Thanks Bhavesh ...
It is difficult creating an app to predict wife's mood Without actually being married. But, I guess I may help you out in few more years. ;)
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Comment by bhavesh shah on April 20, 2012 at 11:28pm
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Nice do you have an app for predicting your wife's mood too ? :) ... Great product
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Comment by Alok 'Rodinhood' Kejriwal on April 20, 2012 at 1:49pm -
nice! where is part 2?
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