Back to School: Best Price for a Laptop?

LONDON, Sept. 17, 2019 /PRNewswire/ -- Uniforms, books, school materials, etc. -- going back to school generally implies an important monetary outlay for families. Finding the best price for each product helps reduce the impact on the home economy. IT equipment is generally one of the most expensive items.  Minderest has used their Price Monitoring technology to study, at the start of the school year, and compare prices for laptops and tablets. This study was made on September 10^th, and Minderest analyzed a selection of 350 products, simulating what a consumer would find when looking online in Google Shopping for these products. The top sixteen stockists were identified from the comparison, and only items that were simultaneously sold in at least three of the sixteen were selected.

For each of the products analyzed, the company looked at and recorded the lowest price published by any of these online stores. They calculated the percentage difference from this price and prices from each of the other stores. The percentages shown reflect how expensive each retailer is when compared to the average of the lowest prices. The results were:

Specifically, the biggest savings possible by comparing online sellers would be 11.80%, which is the average difference between the cheapest and most expensive price found for each product.

"This data," explains Gary Thomson, VP Sales at Minderest, "allows us to visualize the importance of checking prices for the same products on multiple online stores as we can achieve significant savings."

One of the most enlightening individual examples found during our comparative study, was a direct price difference of over 39.5% for the same item sold by both Adorama and Amazon. While the latter had a price of $859.99 for an Asus ZenBook 13.3" this very same Laptop cost $1199.99 in Adorama - a difference of over $300.

Minderest, experts in price monitoring. Minderest has positioned itself as a major player in the sector. The technology company ended 2018 with growth of over 400% when compared to the previous two years, and with a 'churn rate' of less than 5%.

https://www.minderest.com

Media contact:
Gary Thomson
[email protected]
+44 (0) 203 621 6848

SOURCE Minderest

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http://www.minderest.com