Memory Aid for "old timers"

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Pat-inCO

Hawkeye
Joined
Oct 17, 2009
Messages
5,922
Location
In the AZ oven (Phoenix basin)
I do a fair amount of my shopping online. In doing that there have been many
a time when I opted to purchase an item from one to many days later. In
going back to purchase the item I would find the price changed from what I
remembered. I . . . had . . . been writing this off as "old timers" disease.

If I do not purchase it immediately I save a link to that item to save search
time the next time I want it or the information. I have taken to shortening
the item name and adding, in whole dollars, rounded up, the price. Guess
what folks, it ain't my memory! Many prices will change once you look at
an item, especially with Amazon.

My son in law says he will look at an item and if he defers the purchase,
will look at it each day or two for the next ten to fifteen days. His experience
says the price will go below the first one at just over ten days. In addition,
having the initial price included in the link tells you how much the change
has been (some times there is . . no . . change).

At least with the price included in the link information, you know. :D
I'm told memory aids maintain sanity. 8)
 

sceva

Single-Sixer
Joined
Mar 8, 2004
Messages
373
Location
Illinois - but I'm an Ohio Buckeye
I believe that Amazon uses an algorithm that factors in searches, saves, and recent purchases of the same item when setting prices. A seller can elect to use this feature or turn it off. A case in point; I was looking for a particular book (out of print) and found several copies on Amazon at a reasonable price and purchased one. Within a day the remaining copies had shot up between 200 and 300% (My purchase had created a demand in their eyes)
 
Joined
Nov 5, 2007
Messages
8,014
Location
Dallas, TX
I really like Amazon, their customer service is fast and generally gives you the benefit of the doubt.

I have seen what you are saying as well. Like TitanX just said it could be an insentive to get you to buy the product. They own Zappos as well. I do buy shoes from them, I wonder if it's like that also on Zappos. I'll have to try it and see.

One thing I wanted recently was a new computer mouse. I looked for the same one I had on Amazon, it was an older model not in production any longer. The price? A whopping 400 bucks. So they have some sort of weird algorithm for pricing...

oh, and I went with a cheaper computer mouse.
 

sceva

Single-Sixer
Joined
Mar 8, 2004
Messages
373
Location
Illinois - but I'm an Ohio Buckeye
Sellers can use pricing algorythms to set their pricing to a set percentage of a competitors price. Sometimes it goes out of control if they both set it against each other.


http://www.seattlepi.com/business/article/The-perils-of-automatic-pricing-on-Amazon-1351782.php
 
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