OnDemand WTP Pricing Research

Smartphones Could Cost You 40% More if You Don’t Compare Prices | Benzinga

LONDON, April 18, 2019 /PRNewswire/ — A study carried out by Minderest shows large differences in price when purchasing a new Smartphone from a range of online retailers.

127 cell-phones in stock at Amazon and Google Shopping were analysed on April 15th, simulating what a consumer would find looking for a cellphone online.  Sellers captured via Google Shopping with the most offers were: WirelessBoss, Newegg, N1 Wireless, Walmart , Target, ElectronicsForce , Ebay,  Cell2Get and NothingButSavings. In the sample, the marketplace prices of some of these companies have been ignored.

Results

For each of the products, the cheapest price found in any of the companies mentioned above was recorded.  Using this cheapest price, the percentage difference was calculated with respect to each of the comparative sellers, obtaining the following results, where: WirelessBoss ranks best, being only 1.22% more expensive than the cheapest price:

Read complete article here:

Smartphones Could Cost You 40% More if You Don’t Compare Prices | Benzinga.