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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-ninjaYou 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.

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2 Comments

  1. @Anirudh Balotiaa: In the subject of technical analysis research a Hammer is a japanese candlestick pattern which suggests bullish reversal.

    This video can give you a detailed explanation.

    https://www.youtube.com/watch?v=wHDgt2HYpnk

  2. this is the reason price comparison websites play a vital role so that the end user gets the best deal.
    Check out https://www.price-hunt.com/, which is into real time price search across various online stores from India , unlike other price comparison sites and provides one click search for a product to find the best price at the moment .
    Very user-friendly and also has features like “Deal of the day” and “Offers & Coupons” to benefit the user and make their shopping experience easy and more rewarding.

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