How to get a price drop alert on Amazon?
You might have noticed that rates for some products keep on fluctuating on Amazon. In such cases, how do you make your purchase when the price of the product is the lowest? Know how to set up an alert to notify you when a product is at its lowest price on Amazon.
The largest online retailer globally, Amazon, has an assortment of goods as endless as the number of individuals who use the eCommerce giant to shop. It's easy to find just about anything on Amazon, from personal hygiene products to dog food.
However, just because a product is available doesn't necessarily mean it's right for your wallet. A further drawback of Amazon products is their propensity to drop prices immediately after purchase. This is due to a tactic known as dynamic pricing. Before making your next buy, wait and see if the price will change. It's easy to do this with a price drop alert.
Online is the new normal - The "Amazon Effect"
The COVID-19 epidemic swiftly drove retailers in all industries to adjust their business practices. Non-essential retailers were compelled to close during the pandemic's peak, and the public was advised to stay home. Since consumers had no choice but to purchase online for anything other than necessities, online shopping substantially increased.
The online marketplace has played a critical part in the expansion of eCommerce. Amazon, unsurprisingly, is taking the most significant share of the cake. Its closest competitor in the market is eBay, albeit in recent years, Amazon's international annual sales growth has been nearly tenfold that of eBay.
Customers have shown extraordinary brand loyalty to Amazon. 40% of Prime members make at least two to four transactions per month. Combined with its high-level user experience, this has proven to be a winning strategy, allowing Amazon to surpass Microsoft as the world's most valuable public business in 2020.
This shift from physical retail is often referred to as the "Amazon Effect." Amazon's effortless online buying experience has influenced customers' behavioral expectations since they now demand the same smoothness, rapid response, and ease from other providers.
Of course, Amazon has become the go-to for online shopping and offers many great deals all year round. An Amazon shopping assistant helps to make this experience even more seamless.
How to use an Amazon shopping assistant
Before we get into how to use an Amazon shopping assistant, let's break down what exactly it is.
A shopping assistant utilizes price monitoring software which is a collection of automated technology that allows you to track the price of a product over its lifecycle. The software can examine everything from third-party vendors to product pages on marketplaces like Amazon.
Price tracking software helps you purchase more sensibly by monitoring the price of a product on Amazon. It analyzes product pricing information on Amazon and keeps track of any price variations that may occur on the site.
Price tracking helps you buy cheaper
Customers can view pricing history charts for thousands of Amazon products and receive price change alerts by registering for a price tracker. Sugar's free Amazon pricing tracker browser plugin monitors millions of Amazon products in real-time. When you add a product to your price tracking list, Sugar tells you when prices drop, allowing you to buy a product at the best available price.
Below are some of the most notable benefits of using a price tracker:
Sugar ensures you're receiving the greatest possible deal. You can quickly monitor Amazon pricing for your favorite products and observe how they've changed using a shopping assistant. The lowest price of any item on Amazon may be discovered in a matter of minutes thanks to scraping software, making it easy for you to find the lowest price.
How to set up a price drop alert
Prices fluctuate all the time with the practice of dynamic pricing, especially with eCommerce retailers like Amazon. When you add a product to your watch list using Sugar's price drop alert, Sugar starts tracking its price for significant changes. Sugar will send a notification to your browser when the price of a product in your watchlist goes below the chosen threshold. This enables you to receive the best deal possible.
Price drop alerts inform users when the price of any product on their watch list falls significantly and are simple to set up. Install the Sugar browser extension first, then navigate to any Amazon product's product page. Add the item to your watchlist and choose a price decrease sensitivity that is appropriate for your budget. A notification will be sent immediately to your browser when the price drops.
Choosing an excellent price tracker like Sugar ensures you'll have excellent, consistent pricing data to rely on without worrying about losing consistency. Set up price drop alerts and save money shopping on Amazon in no time.
To get a price drop alert on Amazon, you can use a price tracking tool or browser extension such as CamelCamelCamel, Keepa, or Honey. Here are the general steps you can follow:
Install the price tracking tool or browser extension of your choice.
Search for the product you want to track on Amazon.
Click on the tool or extension icon to activate it and start tracking the product.
Set up a price alert by selecting the desired price point you want to be notified about.
Wait for the tool or extension to notify you via email or push notification when the product price drops to your desired amount.
By using a price tracking tool or browser extension, you can easily monitor the price changes of products on Amazon and take advantage of price drops to save money on your purchases.