ANALYZE TO BUY OR NOT TO BUY ELECTRONICS & APPLIANCES

By
Mortgage and Lending with Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 NMLS # 6869

“Analyze to Buy or Not to Buy Electronics & Appliances”

Analyze to buy or not to buy electronics & appliancesI have used www.decide.com for some time. In my house flipping business I spend about $40,000 per year, plus computers and other electronic stuff. This has become my go to site to figure out if it’s the right or wrong time. Most of the time it has been right on.

A Site That Tells You Whether to Buy Now or Wait
Decide.com analyzes prices on electronics and appliances to predict whether they'll rise or fall in the future.
By Cameron Huddleston, Kiplinger.com

 
 

If you're going to spend big bucks on a TV, tech gadget or appliance, it pays to do research to find the best price. Deal and price-comparison sites can help you find the lowest price at the moment. But wouldn't it be nice to know whether the price is going to drop in the coming weeks or months? In other words, should you buy now or wait?

Free online shopping service Decide.com aims to answer that question for consumers. The site was launched about a year ago by the founders of Farecast, a travel site that predicted when airfares would rise or drop (it was bought in 2008 by Microsoft and now is Bing Travel). Decide.com analyzes historical price movements on electronics and appliances and the timing of new model releases for each product to predict whether prices will hold steady, rise or drop.

So if you're searching for a new TV, for example, Decide.com will tell you for each model whether you should buy or wait depending on its predicted price movement. The Decide.com team claims that its predictions are 77% accurate and, when they are right, the predictions save customers an average of $87.

Considering that 23% of the predictions aren't accurate, you shouldn't base your purchasing decision solely on Decide.com's buy or wait recommendation. However, the site has other features that can help you make the decision.

It provides a price-history chart for all products (when you click on the product) that shows the lowest, highest and average prices, which can give you a good idea about whether the current price on a product is a good deal. Decide.com also has reviews, news and rumors about products and a list of online stores selling the products and the total price, including tax and shipping. And you can set an alert for a product to receive an e-mail when the price changes.

Consumers now can get Decide.com's price predictions on the go with the Decide Shopping and Price Predictor App for iPads, which was launched May 3. So if you're in a store and didn't do your research beforehand, you can get information to help you decide whether you should buy a product.

Decide.com also has a new "Got Your Back" guarantee for customers who register (for free) as members on the site. It recommends 10 products daily, and if you buy one of the products and the price drops within two weeks of your purchase, Decide.com will automatically refund you the difference.

image:renjith krishnan/freedigitalphotos.net

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Joe Petrowsky, NMLS #6869

Right Trac Financial Group, Inc. NMLS #2709

110 Main St.

Manchester, Ct. 06042

Office: 860 647-7701 x116

Fax: 860 647-8940

Cell: 860 836-9294

Email: joe@righttracfg.com

www.righttracfg.com

www.joepetrowsky.com

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Joe Petrowsky does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.

Equal Housing Statement: We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing becuase of race, color, religion, sex, handicap, familial status, or national origin.

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Topic:
ActiveRain Community
Location:
Connecticut
Groups:
Wake Up Brokers
Connecticut Professionals
LOAN OFFICERS WHO AREA SERIOUS ABOUT MAKING MORE MONEY
Consumer Mortgage Tips
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Tags:
decide
historical price movements
appliances
electronics
shopping service
purchasing trends

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Rainmaker
1,000,914
Conrad Allen
Webster, Ma, Realtor
Re/Max Professional Associates

Hi Joe.  I never heard of this site.  I will check it out.  Thanks.  Up early?

June 16, 2012 03:45 AM
Rainmaker
1,844,520
Gita Bantwal
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel
RE/MAX Centre Realtors
Thanks for the information I will check out the site. I have not heard of it before.
June 16, 2012 04:05 AM
Rainmaker
187,841
John F Muscarella
Broker/Owner, Plymouth County / Cape Cod, MA
RIVER FARM PROPERTIES, LLC

Great info and I will check it out.  Great post

June 16, 2012 04:14 AM
Rainmaker
1,023,495
Lisa Von Domek
....Experience Isn't Expensive.... It's Priceless!
Lisa Von Domek & Associates LLC, Real Estate Broker/Associate with Real Living Real Estate Group www.LisaVon.com

Good morning Joe,

Thanks for the great tip, I had not heard of this site either.  Have a fabulous weekend!

June 16, 2012 05:03 AM
Ambassador
1,797,663
George Souto
Your Connecticut Mortgage Expert
George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut

Joe I keep on telling myself that I need to check out sites like this when I make a major purchase and then I don't.  I am going to save this one and hopefully I will remember to use it.

June 16, 2012 12:18 PM
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1,434,582
Kathy Streib
Home Stager - Palm Beach County,FL -561-914-6224
Room Service Home Staging

Joe- we are such Internet shoppers that I'll have to pass this site on to my husband.  

June 16, 2012 03:16 PM
Rainmaker
839,534
Joshua Zargari
MJ Decorators Workshop
MJ Decorators Workshop LI staging and home decorating

Good evening Joe.

Thank you for sharing this site with us.

I am going to check it out.

June 16, 2012 07:07 PM
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Joe Petrowsky

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