I’m obsessed with the price trend graph at Digitec and Galaxus. It’s a brilliant service not least because the price swings are often so large. I’m tracking a few non essentials and it’s incredible how, in a lot of cases, the prices have jumped 30% or more since Christmas. (So I’m basically holiding on the assumption they’ll come back down). I read on their sites their take on why prices move (basically, supplier led) but it’s still really surprising. And useful.
Obsessed, huh? You’re gonna buy things now like shares on the stock market.
But you’re right, it’s a service and interesting. There is a lot more info on Galaxus and Digitec than on general e-shops.
Someone will come along and say “they only do it to …”. As if that mattered as long as it’s beneficial and informative.
If you put it on your shopping list (not the cart), you will get notified on price drops.
I believe they sometimes lower the price if enough people are „on the fence“ like this.
I know about the first point.
You really think so on the second point? That would need to be a lot of people on the fence, no?
They make how much per year? A billion in turnover at least.
They’ve got a lot of users.
Are you sure about that? Generally, if something is in demand, the price will go up.
Prices sometimes (or usually) go down because supply exceeds demand and there is excess stock that needs to be cleared .
This is especially so with hi-tech goods which go out of date fairly quickly.
I bought a lot of Unifi components for my way-overengineered home network, and I worked out it was cheaper to buy in Q4 and most expensive in Q1. Guessing a lot of IT departments spend up big with new year budgets, then cut back when they overspent
It would definitely make sense from a marketing perspective, it’s basically the same as giving xx% rebate during a sale.
Far too many consumers just can’t help themselves when they see a perceived bargain. Also see the eReader thread, people achor their price expectation to past experience/price.
In the old days Q4 was the one to make money as the companiy employees spent all there was left of the budget to make sure, next year’s budget woldn’t be cut because they “obviously” don’t need that much money.
Sales are discounts on excessive stock - same as I wrote before.
This is the same as the Galaxus deal of the day. Again, it’s excess stock they need to reduce.
Ain’t it funny how the retailers have excess inventory they need to shed on Black Friday, right at the start of xmas season.