Buyer beware: Some Amazon Prime Day deals may not be what they seem, according to a new study
Researchers analyzed Amazon listings from 2016-2017 and found that sellers often raise prices while displaying a previously unadvertised"list price." The gap between the list price and lower asking price can give the false impression of a deal, when in fact the price might be the same or higher than it was just days prior, they found.
When you consider vacuum cleaners, for example, the addition of a list price was accompanied by a price hike 22% of the time. Seventy-five percent of price hikes were followed by a price cut within days. Researchers observed the same price increases 3% of the time for books and more than 13% of the time for digital cameras, blenders, and drones. Although the study focuses on the 2016-2017 period, the researchers told Insider they have found evidence of similar price hikes more recently.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
This generator is more than $500 off during Amazon October Prime DayThis may be the best deal during Amazon’s October Prime Day.
Read more »
The 19 Best Amazon Prime Day Roomba Deals You Won’t Want To MissAmazon's second Prime Day event has officially arrived, and here are the best Prime Day Roomba deals and robot vacuum deal worth checking out.
Read more »
The Best Amazon Prime Early Access Sales R29 Editors Are Actually ShoppingHere's what Refinery29 editors are picking as the best deals from Amazon Prime Day's sale.
Read more »
Best Prime Day Amazon Echo deals 2022: Best Amazon Prime Early Access Echo dealsThe Amazon Prime Early Access Sale is here, bringing with it a range of excellent Amazon Echo deals. Here are the best of them.
Read more »
How to shop Prime Day deals without paying for Amazon PrimeThere's a secret to getting Prime Day deals without Prime. Believe it or now, Amazon is giving away 30-day Prime trials for free!
Read more »