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Source: Internet Retailer Internet Retailer

Buy early, pay less for online goods

Published: 09 Apr 2014 23:21:08 PST
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E-retailers offer the lowest prices on computers, TVs, cameras and video games on Mondays, and on washers, dryers, ovens and refrigerators on Sundays, according to recently released pricing data collected by comparison shopping and coupon site ExtraBux.com.

The company says it ran a pricing analysis on thousands of e-retailers, including Amazon.com Inc., to track the pricing histories for more than 100,000 products in major product categories. It used a price-tracking tool from Camelcamelcamel.com to report the Amazon data.

For computers and televisions, Monday is the day to buy, as the average prices bottom out on Mondays and peak on Fridays. In its analysis, Extrabux found the average sales price for computers climbed 3.8% from Monday to Friday, and 1.9% for TVs during the same time frame. Commenting on the finding in the report, Bill Hettinger, director of e-commerce at home electronics e-retailer World Wide Stereo, says manufacturers offer retailers incentives to lower prices early in the week because that is the busiest sales time for electronics, and that provides retailers the greatest opportunity to generate buzz about their price drops.

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