It drives me crazy when prices of some products changes multiple times in just several minutes span … I’m curious about your experience with buying stuff/planning holidays before dynamic pricing became a common thing.
It drives me crazy when prices of some products changes multiple times in just several minutes span … I’m curious about your experience with buying stuff/planning holidays before dynamic pricing became a common thing.
That’s an entirely new concept to me. Where does this happen outside the stock market?
plane tickets,hotels,online stores, almost everywhere where prices can be controlled automatically
Okay, interesting. I don’t fly, I don’t book hotel rooms, but I do buy stuff online and I haven’t seen this ever. Weird.
You may not be aware of that, but based on your location (eg. Germany), some stores can charge you more. When some stores record higher demand for a product, they can drastically increase the price within minutes. You may be not aware of that, but under the hood this stuff happens quite often. It drives me crazy when buying last minute ticket/hotel cost fortune …
Isn’t this minimized by using something like geizhals and idealo? You can see the price history there. It happened sometimes that I added a product to my wishlist and after a few days it was 20-30€ cheaper on Amazon. If I want to buy something, I usually add it to a wishlist and wait around 1 week to see how the price changes. If it goes down a lot, I jump on it.
That is a smart strategy, I will use that
You’re not really supposed to notice, but it definitely happens. Biggest offender for normal retail stuff is Amazon. Put an Amazon url into a price tracker like camelcamelcamel and you’ll see a huge amount of variation for most products.