I have spent the past hour or so on the site dealcatcher.com. This site is an unbelievable resource that I was never aware of until now. The site has a number of features including coupons you are able to download, print, or use online, ads to price compare and shop for bargains, and forums to communicate with others about specials all over the retail world. Besides the overwhelming amount of merchandise offered, it is the prices that are the most significant. While not all stores the site is connected with carry exhaustive inventories, if you are able to find something on one of those sites it is not uncommon to find it listed for 25% or more below the retail price. Many of the deals are valid for the day of the search only, so impulse buys may be required, but if you are one looking for the right price on an item you have been shopping for, this may be the place to get it.
The site is essentially an aggregator of deals from a number of different retailers found online. Instead of searching all over the Internet on different sites for the same items and looking for the best price, you can come to this site where it does all the work for you. All you need to do is scroll through the many options the search returns and compare.
An interesting thing I found was the nature of prices. For example, when I searched for the book Titan, a book about John D. Rockefeller, on dealcatcher it returned several amazon results with the lowest price being right around $2.50. When I ran the same search from the amazon.com homepage, it returned the same book but at the lowest price of $8.50. This may be a result of price discrimination on amazon's part or the result of an agreement worked out by amazon and dealcatcher. Either way it pays to use dealcatcher if you are looking for a specific item and the best possible price today.
I am looking forward to the presentation on Friday when the people behind the site are coming to discuss it. I'm interested in how they got the site up and running and their method for aggregating the deals they find.
Tuesday, April 10, 2007
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After reading your post about dealcather.com I decided to actually go on the site. I had been meaning to since we heard about it in class but this time I actually did. I have to say I definitley agree that it is great. I saw today that you can get a free cone at Ben and Jerrys today! For the deal prone consumer, this site is basically one of the best tools to have. Also their word of mouth marketing is great because I know now I plan on telling people about the site when they are looking for specific items for a cheaper price.
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