topic Re: Prices going up in Community Chat

Prices going up

joannecha — Tue, 10 Aug 2021 11:23:46 GMT

Good morning. I keep a running list of my " want to buys" in Amazon. I put the item in my cart but then hit "save for later". That way, Amazon will alert me if the price changes. Yesterday, 5 of my items increased in price, all over $4. These are relatively inexpensive items, all $25 or less, so prices are going up dramatically. Don't know if this is a quick up/down trend, or if it's here to stay, but I'm guessing the latter. So glad we don't need high ticket items this year (knock on wood). Hopefully, we can all weather the storm with our bank accounts intact.

Re: Prices going up

CalminHeart — Tue, 10 Aug 2021 11:28:57 GMT

I do the same thing. Amazon's prices go up and down on a regular basis. If you can wait, prices will come down.

Re: Prices going up

Miss Pepsi — Tue, 10 Aug 2021 11:59:23 GMT

@CalminHeart wrote:
I do the same thing. Amazon's prices go up and down on a regular basis. If you can wait, prices will come down.

I do the same but not sure I would bank on the prices coming back down

I have a boat load of stuff in my cart, primarily to make sure I can find it again. I could be all wrong on this and I hope I am but I have my doubts.

Good Luck to us all

This is also a good post for the people who seem to think prices are only going up on the Q. Clearly those people don't do any grocery shopping.

Re: Prices going up

millieshops — Tue, 10 Aug 2021 12:32:25 GMT

I wish I were optimistic hat prices will slide back to their former levels, but there are so many forces on the whole world right now that I am skeptical.

Re: Prices going up

Nancy Drew — Tue, 10 Aug 2021 12:58:57 GMT

Who didn't see this coming?

Re: Prices going up

Cakers3 — Tue, 10 Aug 2021 13:06:56 GMT

I'm not sure what people mean by prices going back to former levels.

What levels are we talking about? From food to gas to lumber etc. - what would be the former prices? How would that be sustainable?

I found our brand of coffee has risen by $1. I doubt it will return back to the former price.

Re: Prices going up

catter70 — Tue, 10 Aug 2021 13:07:38 GMT

I'm very surprised by the cost of paper products. I buy Wegman's brand of PT and TP. The TP went up $4.00 a pack, the PT went up $4.00 a pack and paper plates went up $4.00 a pack( all family size packs). I use Husky 42 gal. contractor bags to line cat's litter boxes and they went up by $3.00 for a 50 count box. I'm sure prices won't go back down, either. I think the pandemic is being used as an excuse to rip us all off.

Re: Prices going up

Spurt — Tue, 10 Aug 2021 14:24:18 GMT

@joannecha wrote:
Good morning. I keep a running list of my " want to buys" in Amazon. I put the item in my cart but then hit "save for later". That way, Amazon will alert me if the price changes. Yesterday, 5 of my items increased in price, all over $4. These are relatively inexpensive items, all $25 or less, so prices are going up dramatically. Don't know if this is a quick up/down trend, or if it's here to stay, but I'm guessing the latter. So glad we don't need high ticket items this year (knock on wood). Hopefully, we can all weather the storm with our bank accounts intact.

@joannecha

Ive read interviews with Amazon Executives in the financial journals.... The price increases has been their normal method of operation in order to beat competitors for years and years way before the pandemic and its been a way for Amazon to grow and grow....It was described this way:

Say Target has Shark vacuums on sale ..... in order to beat their price Amazon will lower their price on Shark vaccums to beat Target's sale, and then Amazon will raise prices on other items to make up the difference....Amazon will fluctuate prices of around 1,000 items per day. The Amazon Exec says they also count on the consumers to believe that the Amazon always the the lowest so most customers do not price compare....and he admited that Amazon doesnt always have the lowest price and people love love love Amazon's super fast delivery with their Prime Membership and are even willing to pay for Prime to get it...!!!

So my advice I'd make sure you always compare prices with Amazon itself as well as with Amazon's competitors....

Re: Prices going up

Mistreatedbycs — Tue, 10 Aug 2021 15:14:44 GMT

Article today, Tyson Foods raising it's prices 40% and more to come.

Re: Prices going up

Etoile308 — Tue, 10 Aug 2021 17:15:46 GMT

Years, and years, and years ago I noticed prices in my Amazon cart would go up. I stopped putting things in my cart or wishlist. Felt they knew I wanted them and would bump up the prices.

So I started just writing things down to go back to and reevaluate. Or started checking my history for the items I was interested in. To me this current situation is just a continuation of their past practice, only now most things have naturally increased in price.

Re: Prices going up

Grand Happy — Tue, 10 Aug 2021 18:09:20 GMT

Have you bought Bacon ? It's doubled in price. Not shocked we were warned 😔

Re: Prices going up

tiny 2 — Tue, 10 Aug 2021 19:57:48 GMT

I am making my online cart for the next delivery. When a bag of corn chips selling for 82 cents went up in price overnight to $2.64, that got my attention. You expect goods to go up but you have to look at the percentage of the increase to really determine if it is appropriate or not. If I feel that I am being gouged then I will walk away and most likely never again buy the product. I consider a 221% increase unacceptable. I decided to take the $2.64, add a little to it and buy a bag of apples.

Re: Prices going up

gertrudecloset — Tue, 10 Aug 2021 20:18:38 GMT

@joannecha wrote:
Good morning. I keep a running list of my " want to buys" in Amazon. I put the item in my cart but then hit "save for later". That way, Amazon will alert me if the price changes. Yesterday, 5 of my items increased in price, all over $4. These are relatively inexpensive items, all $25 or less, so prices are going up dramatically. Don't know if this is a quick up/down trend, or if it's here to stay, but I'm guessing the latter. So glad we don't need high ticket items this year (knock on wood). Hopefully, we can all weather the storm with our bank accounts intact.

Amazon uses algorithims to determine the cost of prices on their website. They have always done this (for items that are sold and shipped from them). For sellers in their "market place" that's a different story. They allow many of them to price gouge.

@joannecha

Re: Prices going up

gertrudecloset — Tue, 10 Aug 2021 20:20:10 GMT

When prices on consumer goods go up, they don't come back down. I've never seen a reverse in price of the things I buy.

The only commodity that has fluctuating prices are: coffee, oil, gold/silver and things like that. Finished goods typically don't go back down in price.

Re: Prices going up

Snowpuppy — Tue, 10 Aug 2021 21:58:54 GMT

Warren Buffet said it best at his shareholders meeting earlier this year...."as long as people are willing to pay these inflated prices there is no incentive for retailers to cut them".

Re: Prices going up

busymom22 — Wed, 11 Aug 2021 00:48:24 GMT

You can't have the government continue to print money and prop up the economy with stimulus payments and not have prices go up.

I do not believe they will come down either.

Re: Prices going up

AnjalenaQVC — Wed, 11 Aug 2021 01:00:46 GMT

This post has been removed by QVC because it is challenging moderation

Re: Prices going up

Texasmouse — Wed, 11 Aug 2021 01:52:05 GMT

@Nancy Drew wrote:
Who didn't see this coming?

@Nancy Drew you'd be surprised. 🙄

Re: Prices going up

Tinkrbl44 — Wed, 11 Aug 2021 07:43:37 GMT

@Cakers3 wrote:
I'm not sure what people mean by prices going back to former levels.

What levels are we talking about? From food to gas to lumber etc. - what would be the former prices? How would that be sustainable?

I found our brand of coffee has risen by $1. I doubt it will return back to the former price.

@Cakers3

From my experience, the only prices that go down occasionally are real estate ... and the stock market. Everything else goes up.

Re: Prices going up

bonnie f — Sat, 14 Aug 2021 13:47:45 GMT

yes i notice when that happens too.. but i dont have things in my cart for that long lol.. i have things in my cart now, i may go purchase them today, amazon is the worst thing that has happened to my credit card! Lol.....