Why would Amazon want to hinder the accuracy of the price tracking in that way? I would imagine Amazon wants their 30% cut (Depending on Category) and they want it as fast as possible. Their entire business is predicated on Churn, and Logistics.
In that way - I would imagine CamelCamelCamel increases conversion.
I wonder if the Coupons were shown to increase conversion for the ‘Coupon’ ladies that everyone sees in their local grocer. They only buy when they get a ‘Good Deal’. They’re willing to spend 9 hours to save $0.76 and they never “pay sticker price.”
Why would Amazon want to hinder the accuracy of the price tracking in that way?
Accurate price tracking leads to people saying “Oh well it was 50% less a year ago. I’ll wait on a sale, not paying full price on that” and waiting on a sale, leading to less conversions. Amazon has pressured Camelcamelcamel into agreeing to not track specific low prices (i.e., Prime Day, if that actually had any good sales). I’m unsure if they track coupons or not, they were not clear about what the criteria for not tracking a price are.
Camelcamelcamel is unfortunately compromised by Amazon, it’s probably mostly accurate but there are price points they do not accurately log at Amazon’s request.
Why would Amazon want to hinder the accuracy of the price tracking in that way? I would imagine Amazon wants their 30% cut (Depending on Category) and they want it as fast as possible. Their entire business is predicated on Churn, and Logistics.
In that way - I would imagine CamelCamelCamel increases conversion.
I wonder if the Coupons were shown to increase conversion for the ‘Coupon’ ladies that everyone sees in their local grocer. They only buy when they get a ‘Good Deal’. They’re willing to spend 9 hours to save $0.76 and they never “pay sticker price.”
Accurate price tracking leads to people saying “Oh well it was 50% less a year ago. I’ll wait on a sale, not paying full price on that” and waiting on a sale, leading to less conversions. Amazon has pressured Camelcamelcamel into agreeing to not track specific low prices (i.e., Prime Day, if that actually had any good sales). I’m unsure if they track coupons or not, they were not clear about what the criteria for not tracking a price are.
Camelcamelcamel is unfortunately compromised by Amazon, it’s probably mostly accurate but there are price points they do not accurately log at Amazon’s request.