You must Sign In to post a response.
  • Category: Miscellaneous

    If you search more in the online shopping site the price of the product increases.

    This is my own observation from my search experience.

    Day before yesterday, I was searching for a product in various online shopping sites. Then I shortlisted the product in one particular shopping site and started to proceed with the buy. Due to some technical issues the transaction did not succeed even after I had come to the last stage by putting in all the password and for payment. I repeated the whole procedure from start to end a few times and still could not succeed. Of course, I did not lose any money.

    Again yesterday I tried to buy the same item in the same shopping site, To my surprise the prices of all those items I searched had gone up . That price was not favourable t me and I left the idea t buy.

    In some previous occasions also I have observe such hike in price occurring after my search of the item , even in air tickets. In those occasions , I took it as natural , but now I feel it is linked to the demand created by my own search.

    What is your view and experience in this regard?
  • #605190
    That is correct.On line rates vary a lot. When a new product released in to the market, to get in to the customers on line reduction sale will be started for a limited time and a limited numbers. Basing on the response for he initial rates the on line sellers withdraw the concession rates or decrease the rate of concession. That is why there will be an increasing the rates basing on the response. Young people will always be in look out for this reduced rate sales and they will grab the majority in ntime.Products which are not received well by the public will be sold through on line at a reduced price for longer times. But no customer may buy this as already the talk about that product is bad and many will be known about the product
    always confident

  • #605192
    I do not think that the increase in price has anything to do with the number of searches about a particular product on any eCommerce portal, since the prices of a product are decided by the seller and not by the eCommerce portal. Ecommerce portals charge the seller for the services offered by them to the seller and services availed by the seller.

    There can be various factors contributing towards increase in the price of a product after a few days:-

    1. Demand & supply:- If I were a seller, I would keep on increasing price of a product gradually, if the product is not available in the market and I have the product in stock.

    2. The buy-box is generally allotted to a seller whose price is the lowest. Of course, other factors too play a role in it.

    Now suppose a product is being sold by ten sellers on a site at different prices (e.g. A @ 310, B @ 325, C @ 350, D @ 360 .....). Now the seller A has the lowest price, 310, and he gets the buy box. Suppose he has 25 pieces in stock, so he fills in his inventory as 25 pieces. One adds the item to his cart on Sunday to buy it later on Wednesday. The seller A's 25 pieces are for sale for other buyers too.

    By the time, Wednesday in this case, you try to buy the product, the inventory of seller A is sold out. So, his name automatically gets removed from the line and the next seller in line, seller B with a price of 325, gets the buy-box. So, when you log-in on Wednesday to buy the item, you see the price tag of 325.

    So, you think that the price has been increased because of your searches, whereas it is not the reality. On the contrary, you may benefit if you keep on searching for the same item or add it to your cart and leave it there. The eCommerce sites keep a tab on your searches and your IP. If you keep a product in your cart, sometimes they offer you a discount on the product in your cart.

    3. Increase in charges levied on seller:- There is a chance that there is an increase in VAT/GST or the commission charged by the eCommerce portals between the period you add an item to your cart & you go for making the payment or buying the product. The seller will adjust his prices accordingly.

    In that case also you will find an increase in sale price of a product.

    Hope it suffices!

    When you talk, you are only repeating what you already know. But if you listen, you may learn something new!

  • Sign In to post your comments