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11-30-2015 10:57 AM - edited 11-30-2015 10:57 AM
I shop Amazon quite a bit, and so I do know that prices can fluctuate from day to day.
LAST NIGHT- I saw an item on Amazon that was priced at $99.99.
THIS MORNING- same item is priced at $129.99 with a Cyber Monday DISCOUNT of $30.
Boo-hiss!
Edies to add- I'm NOT buying.
11-30-2015 11:07 AM
It's not the first time I've heard this about Amazon and CyberMonday.
Home Depot does it too on Black Friday.
11-30-2015 11:10 AM
@violannYep - they, and many others in that industry, know that it's the illusion of a deal that brings in buyers - it's not just the deal itself.
Many of the items buyers will get "deals" on today were brought into inventory with the intent to sell most of them at the deal price. Here and there some buyers with itchy fingers paid more, but the vast majority buy the so-called deal. Might as well if it's something you really want or need, but we need to realize what the gimmicks do to our buying habits.
Just read a quick financial news article on Amazon Prime buyers. that's who Amazon wants because Prime members spend far more than people who just click into Amazon to buy a specific item. They want to take over the retail world --and it's working! Hate to see what that will mean 20 years from now - not that I excpect to live to find out.
11-30-2015 11:14 AM - edited 11-30-2015 11:17 AM
I purchase a ton from them, but the one thing I hate is how the prices are always so up and down. I always compare prices at other websites or stores as Amazon is also known for highly inflating the so called retail price above reality so it appears you're getting a better deal than you are. I did save 50% off the true retail a couple weeks ago on a lightening deal but other items you really aren't saving. Or the item is often on sale for a similar price.
11-30-2015 11:16 AM
A similar thing happened to me. I put an item in my Amazon shopping cart, but didn't check out. The next day, the price increased by $10. I deleted the item from my cart. Two days later, the price dropped by $10 - to the original price. I never checked out, because I felt these were deceptive tactics by Amazon.
Some of my friends have had the same experience with Amazon. They are losing customers with their deceptive practices.
11-30-2015 11:17 AM
Macy's did it on BF, too.
11-30-2015 11:21 AM
My husband has a PhD in accounting and finance and taught those subjects for many years. He is convinced that Amazon will one day face some trouble for their creative accounting practices.
11-30-2015 11:25 AM
Love Amazon but you need to watch as their prices fluctuate. Many are 3rd party sellers and often Amazon fills them..
I know what each item goes for..and watch..
Just like sales in stores - you need to know and watch your prices.
I love Amazon..know what I am going to spend..love the 2-day Prime Shipping and their CS is the best.
11-30-2015 11:29 AM
11-30-2015 11:35 AM
Good job watching prices, Violann! That's the thing - as others have mentioned, prices change on a dime. I've seen prices change more than once in ONE day!
What I do is put items in which I'm interested in my 'wish list' and watch the prices. That's an easy way to keep track of a given product.
Like Plaid Pants, I do the vast majority of my shopping at Amazon. It's a great place to shop and their customer service is outstanding.
If I didn't buy it at the grocery store, I probably bought it at Amazon.
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