5 Minute Guide to Finding the Best Price Online
by Diana Ratliff
11 Ways to Protect Your Online Purchase
Review of GoGoShopper.com
Get More Bargains by Shopping Online
Finding the best price for the gifts you want can drive you crazy at the best of times. Add a holiday deadline, limited budget and a list as long as Santa's, and you've got major stress. Even if you shop online for the sake of convenience, the experience is often bewildering. Who can you trust? Which vendor has the best price? What about customer service? And how can you find the answers to those questions, fast?
Online comparison shopping sites like Shopzilla.com, Pricegrabber.com and Shopping.Yahoo.com (all well-regarded services) were designed to solve those problems. Growing numbers of US consumers turn to these sites to help them quickly locate the best prices on a wide variety of products.
So how do online price comparison sites work, and how do you use them to find the best deal?
Most comparison pricing sites allow you to enter the specific item you want and then show you a list of retailers that carry it. Usually, you'll see the price that stores are charging for the item and some rating (using stars, checkmarks or smiley faces) of the merchant's reliability. If you know exactly what you want, this fast, basic search may be all you need.
But if you need to do some browsing to find what you want, or if you want to see results from more vendors, you'll have to look further. Trying a different price comparison site may help. Some have more participating merchants; some focus on specific product categories.
For example, try AddAll.com at addall.com/ for book price comparisons, AMusicArea.com at amusicarea.com/ for music CD comparisons and AMovieArea.com at amoviearea.com/ for movie DVD comparisons. Generally speaking, electronics, computers, appliances and techie "gadgets" are easiest to find at online shopping comparison sites.
Be sure to use the search tools sites offer, such as searching by price, zip code, shipping fees, product popularity, product rating, and so on.
iPod Nanos are sold at hundreds of stores, so why don't you see hundreds of merchants in your comparison shopping price results? That's because only vendors that pay to be included will come up in your search. The fact that a site is listed (or listed first), does not mean that it is endorsed or that it has even been checked out.
This is one of the biggest downsides of using product price comparison sites. If your favorite online retailer(s) do not appear, you'll need to do a separate search at their site.
Be sure to do your research before buying from stores you've never heard of, or paying a price that seems too good to be true.
One of the most useful features of online shopping price comparison sites is that consumers are usually given the option to rate and/or review merchants. Buyers grade vendors on delivery speed, customer service and quality of items.
Some sites also award certifications for track records of good customer service, such as "BizRate Certified" or "Trusted Merchant" status. (Stores cannot pay for these designations; they must be earned.)
Many of the better comparison shopping services also offer product reviews as well.
It pays to read the reviews, even if a store (or a product) is generally ranked favorably. You may learn something that helps you make your decision.
Take the Next Step
- Check your favorite comparison shopping sites. If you don't have a favorite, try one of these: Shopzilla.com, Pricegrabber.com, and Shopping.Yahoo.com.
- Get The Dollar Stretcher newsletter for great articles and ideas for every season!
Share your thoughts about this article with the editor: Click Here
Trending on TDS
- A great way to save for your kids' college TDS Recommends
- Are there any good generic dog food brands?
- A financial safety net for single moms
- Keeping your kids well-clothed for less
- Fun recipes to keep the kids busy this summer
- Kids' parties: Keeping the expenses down while turning up the fun
- 5 big bills you can cut fast
- What you shouldn't (and should) buy in May
- Raising a child with financial smarts Video
- Savings challenge: Make your own fresh dog food
- 4 steps to a simpler (and more frugal) life
- What is the cost of raising a child?
- Spouse income calculator
- Should my spouse work, too?
- College savings calculator
- Home budget calculator