Virtual Crystal Ball Pinpoints Electronics Savings

Written by Brooke Wagner

We all know that sinking feeling of opening the Sunday circulars only to find the big screen TV or freezer we just bought is now $100 cheaper. Timing is everything when it comes to buying electronics and appliances.

A friend recently told me about when I mentioned buying a Wii for my son’s birthday.

I gave it a try; plugged in the product name and up came a green thumbs-up, telling me to “Buy Now.” In other words, the site’s complicated algorithm compiled historical online data about Wii sales to predict if prices are likely to rise, fall, or remain constant. Pretty nifty, no?

On the flip side, if prices on the toaster oven you want may be lower in a couple of months, hypothetically, the program would tell you to “Wait” with a red signal.

One of the best parts, is free to use – it makes money when you click through to one of the sponsor sites listed. It allows you to price compare and read reviews through a new partnership with Consumer Reports as well.

The website just came out with an app so you can find out whether to “buy” or “wait” while you’re actually in a store.  It’s not foolproof, but the site boasts 77 percent accuracy is price predictions.  It also highlights smart shopping tips; for instance, it’s not always cheaper to buy an older model.

The site claims an average $87 saved per transaction, and web reviewers on sites such as AppAppeal and iTunes gave it top ratings.  If you are about to buy a new gadget or appliance, you can use every tool in your arsenal to get the best price!  Judge for yourself, and let me know what you think of the results!

About The Blogger

– In her Brooke’s Bargains blog Brooke Wagner writes about finding bargains and saving money for her family. She calls it one of her favorite hobbies. Blog entries cover everything from the latest steals, deals, and freebies to cheap family activities, saving for college, and what to buy right now. Tweet Brooke your ideas at @BrookeCBS4.


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