Shopping around online before buying a new phone could save you about 40%: new research
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The pricing analysts Minderest has released a report on smartphone buying and how much can be saved while doing so online. The company conducted a study of how much 127 of these devices cost on several different websites as per Google Shopping results on the same. It found that a consumer could save up to 41.3% by doing likewise and comparing prices from numerous different e-sellers.
The e-tailers in question were those in the US market with the most offers: WirelessBoss; Newegg; N1 Wireless; Walmart; eBay; ElectronicsForce; Target; Cell2Get, and NothingButSavings. Their cheapest price for each smartphone assessed was recorded, and this data was compared with the same from Amazon with the aim of calculating price differences with respect to every other seller.
The results of this analysis appeared to show that WirelessBoss gave the best overall deals, with prices at 1.22% above the cheapest. At 53.09% above this threshold, the seller NothingButSavings (ironically) gave the worst.
Minderest found that, in one example, Amazon displayed a price of US$1049.99 for a specific SKU of the Samsung Galaxy Note 9 (an Ocean Blue 8/512GB unit), whereas NothingButSavings charged over $1300 (or 19.38% more) for the same. Therefore, it seems it really does pay to do as much research as possible on a choice of phone before buying it.
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