If you're going to spend big bucks on a TV, tech gadget or
appliance, it pays to do research to find the best price. Deal and
price-comparison sites can help you find the lowest price at the
moment. But wouldn't it be nice to know whether the price is going
to drop in the coming weeks or months? In other words, should you
buy now or wait?
15 Web Sites for Finding Deals Online
Free online shopping service
aims to answer that question for consumers. The site was launched
about a year ago by the founders of Farecast, a travel site that
predicted when airfares would rise or drop (it was bought in 2008
by Microsoft and now is Bing Travel). Decide.com analyzes
historical price movements on electronics and appliances and the
timing of new model releases for each product to predict whether
prices will hold steady, rise or drop.
So if you're searching for a new TV, for example, Decide.com
will tell you for each model whether you should buy or wait
depending on its predicted price movement. The Decide.com team
claims that its predictions are 77% accurate and, when they are
right, the predictions save customers an average of $87.
Considering that 23% of the predictions aren't accurate, you
shouldn't base your purchasing decision solely on Decide.com's buy
or wait recommendation. However, the site has other features that
can help you make the decision.
It provides a price-history chart for all products (when you
click on the product) that shows the lowest, highest and average
prices, which can give you a good idea about whether the current
price on a product is a good deal. Decide.com also has reviews,
news and rumors about products and a list of online stores selling
the products and the total price, including tax and shipping. And
you can set an alert for a product to receive an e-mail when the
Consumers now can get Decide.com's price predictions on the go
with the Decide Shopping and Price Predictor App for iPads, which
was launched May 3. So if you're in a store and didn't do your
research beforehand, you can get information to help you decide
whether you should buy a product.
Decide.com also has a new "Got Your Back" guarantee for
customers who register (for free) as members on the site. It
recommends 10 products daily, and if you buy one of the products
and the price drops within two weeks of your purchase, Decide.com
will automatically refund you the difference.
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