Want to Become a Smart Shopper? A Price Comparison App Will Help

smart shopper

Want to Become a Smart Shopper? A Price Comparison App Will Help

Imagine that after a long day of running your business, you step into your kitchen to find your refrigerator making strange sounds. What’s more, a large, unsightly puddle spreads out from under it over your kitchen floor.

You check to see what’s wrong. You unplug it and make a casserole with the perishable foods. Then you try to turn into a smart shopper with what’s left of your day. You start looking for a replacement.

 

First, You Go Online

If you’re like most Americans, the first thing you do is check your phone or laptop to see what your options are. You check to see how much each one is likely to cost.

Most shoppers still spend most of their shopping dollars at brick-and-mortar stores. However, e-commerce is by far the fastest growing sector of the retail economy. Consumers spend billions of dollars online every day. Even when they don’t purchase a product from a retailer’s website, they are likely to use the information on that website to help them make an informed decision.

 

Because It’s Convenient, That’s Why

The convenience of online shopping is reshaping the retail landscape in dramatic ways. For one thing, as more and more retailers migrate to the Internet, consumers’ options have skyrocketed.

For example, you need to buy that replacement refrigerator as soon as possible. Therefore, you don’t have time to wait until your ideal model is on sale.

However, the more you look, the more bewildering the alternatives look to you. You see something for one price on one retailer’s website. Then you find the same refrigerator offered at a different price on another website.

This makes you wonder: What if there is an even better deal out there? With so many choices available, how does a smart shopper make a decision? How will you compare prices on thousands of products across hundreds of different websites?

 

RELATED ARTICLE: PLANNING TO LAUNCH AN E-COMMERCE BUSINESS? HERE’S HOW TO DO IT RIGHT

 

You Need a Price Comparison App

This is where price comparison apps like Yroo come in. A price comparison app can save a shopper time by aggregating the prices on millions of products. In this way, you’ll be able to find the best deals available across thousands of retailer websites.

Price comparison apps are not themselves retailers. They simply serve as a bridge between the shopper who is looking for a particular product and the outlets that are selling them.

A price comparison app will allow you to cut through the noise. That is, you’ll find the best deals available at any given time. And you’ll also have a choice about which retailer you buy from.

For example, you might find two retailers who are offering the same product at the same price. However, perhaps you are a member of a customer loyalty program at one but not the other. In this case, you have the option of buying from your preferred retailer.

 

Price Comparison Apps Harvest Data…

In the process of aggregating prices from different websites, price comparison apps harness vast amounts of data. What’s more, some of the more sophisticated apps can help you become a smarter shopper.

Price comparison apps can be a huge help when you need to find the cheapest option as quickly as possible. Further, some of them also offer price-tracking features. This innovation will allow you to see how a price has changed over time, allowing for more informed decision-making.

That is, if you can see that a price has been steadily dropping, perhaps you will decide to hold off on your purchase. You might want to wait until it stabilizes to guarantee that you are buying it at the lowest possible price.

 

…to Save You Time and Money

In addition to saving time and money, price comparison apps also help you to stay ahead of your shopping list. You can mark particular products as your favorites. Then, you’ll receive alerts when they go on sale.

You can also share your shopping journey with friends and family. This feature can come in particularly handy before holidays and birthdays, especially when you’re shopping for a gift for your spouse or partner.

 

 

You, Too, Can Become a Smart Shopper

Everyone knows that being a smart shopper means researching brands and following deals. However, the sheer abundance offered by the Internet makes this task more difficult.

However, that same Internet has also given rise to tools like price comparison apps. These apps can help you to navigate your options and find the best deal for you.

In 2017, e-commerce sales grew by 15.8% to $452.8 billion. Therefore, it should surprise no one that as e-commerce explodes, price comparison sites are blooming. Now, more than ever, a smart shopper like you can get the most out of the online shopping experience.


Featured Opportunities

Related Stories