Question

Identify and examine two separate consumer portals that look at other sites and compare prices or other purchase criteria. Try to find and compare prices for a microwave oven, and a computer. Summarize your experience. Comments on the strong and weak points of such shopping aids or mediating tools. Should a vendor provide a comparison tool on its site? Why or why not?

Answer 1

Panasonic Microwave Oven NN-SN686S Stainless Steel Countertop/Built-In with Inverter Technology and Genius Sensor, 1.2 Cubic Foot, 1200W

Amazon Price - $165.95

Walmart - $169.95

Apple MacBook Air 13.3-Inch Laptop

Amazon Price - $730

Walmart - $624.99

Experience - There are visible price differences between products and hence one should do an extensive reseach before proceeding to buy a new product.

Strong point - Helps in getting the best price.

Weak point - Lowest price product might have quality compromised (Might be refurbished)

If a vendor is confident that they are offering the lowest price in the market then they should definately put a comparision tool in their website, but if the vendor has a higher price point in comparision to its competitors then it should not put such a comparision tool within their website.