People Have Just Accepted Paying More and 15% off Is Enough?

I remember when I could have a tab open on something I wanted on amazon. and watch the price go all the way down, then buy it (sometimes too soon because it would continue to drop after buying).

it seems like recently, people will just jump on anything on amazon with even the slightest discount. making it become out of stock (so no chance of seeing the price go down).

anyone else noticing this? seems like the last few times I was able to buy at close to ATL was right after covid.

now 15% or even 10% lower price on amazon (average red "Lowest price in 30 days") is enough for people to jump on something like rabid monkeys and clear out stock. not even a chance of posting it to ozb because it's so unexpected.

I'm sure people want examples, just from memory. Pulse Elite headset during prime day, 2.5L bleach, White Monster 24 pk (most likely redbull 24pk as well because it's always OOS), most recently the Anker car charger. that's just off the top of my head there are plenty more.

Comments

  • +13

    Keep us updated with your noticing, it's fascinating.

    • +2

      I, too, notice things, but people call me names when I bring those things up

    • +1

      ok sure.

      I mean I notice a lot of things I can post them. I just thought this was the most applicable to ozb. maybe not (I noticed "traffic situation" posts would get a lot of clicks) and I have totally got the wrong idea of ozb. especially forums seem to attract a lot of different power users compared to deal posts.

  • +1

    I stopped using More once the CBA discount expired.

    The 15% off discount was handy at the time.

  • +9

    What

    • +5

      It seems that people are buying products on Amazon.

      • +2

        No way !!!!!!!

        • +2

          Hard to believe, but it is apparently true.

      • It seems that people are buying products at higher cost on Amazon then they did before, even with shrinkflation.

  • +5

    We love to buy stuff. We don't like to spend months thinking about something with a tab open that we check multiple times day, that sounds like a drag.

    • We love to buy stuff. We don't like to spend months thinking about something with a tab open

      fair enough. you explain it well. I keep thinking this site is all about saving money. but seems like buying stuff especially cheap stuff is quite popular.

      that we check multiple times day, that sounds like a drag.

      not multiple times a day. maybe a few times a week. the price doesn't exactly fall quickly.

      • +6

        You got it all wrong. This site is about spending money, not saving money.

        • ok fair. maybe I was just seeing what I wanted to be seeing.

          I mean at least going by comments in deal posts.

      • +2

        People use the site differently. Some people find something they need or want, check if there's a deal, and buy it at the best current price. Some wait for a deal. Some wait for an ATL. ATLs are rare so most aren't as patient as you.

        • ok I should have said above. I thought ozb is about making your dollar go further. turns out i'm wrong anyway.

          I wouldn't say I'm exactly patient. but yeah I can wait around for a long time. and some are surprised when I don't bring things up I just let them sit and it doesn't bother me.

          basically, I just have in my head, what I think something should cost (yeah I know it's not 100% but just my opinion), and it's usually a lot less. just examples a 2.5L bottle of chemical solution, yeah should be less than $2 (the bleach dropped to about $1.70 S&S in the past). plastic noise cancelling headphones with tiny electronics inside? $250 is over paying. <—— I made an exception for this purchase though because it was $150 off at amazon UK and it was just released.

  • +4

    i buy stuff when i need it, i only need it when theres a discount

  • +1

    Are you mad that there is greater demand for something and you're not able to get everything you want at ATL?

    • Are you mad that there is greater demand

      I don't think it's about demand. people are just somehow willing to pay a chunk more, to get the product sooner, or guarantee they get it. idk shopping has become more of a timing game rather than a price game. in the past I could easily wait around to see the price drop with no draw back at all. honestly surprised people aren't just saying "yeah I noticed, paying more overall" on a bargain site about saving money.

      and you're not able to get everything you want at ATL?

      obviously not ATL. most of the time if I see a big enough price drop and bought it, the price would drop even further and I accept that.

      • +1

        It's largely about supply and demand. the last few years people have been conditioned to expect scarcity - sometimes there has been real scarcity, sometimes we've just been manipulated with a false scarcity. Whether the scarcity is currently real for a particular product is irrelevant, since enough people expect scarcity and continued high inflation there's going to be many more people trigger happy to buy without a discount, or with a small discount.

  • +1

    Easy, with Amazon it's usually the stock purchasing Algorithms getting better, consumer forced to buy at higher prices or FOMO.

    • yeah fair. reminded me of another thing that's coming soon.

      dynamic pricing. or wait I will look it up.

      • Amazon US practically invented dynamic pricing. Local maybe just catching up…

        • sorry too late to edit. I meant Surveillance pricing. https://www.youtube.com/shorts/PL1d0xiHRhg

          price beating/matching might not be a thing anymore. you see a online price on the website, and you leave to get it/or pricematch and as soon as you enter the store the tab you had open changes to the higher shelf price.

          and for those wondering why it affects price matching beating. isn't WW, JB, OW, TGG, Bunnings all owned by the same corpo? and thats all we know about.

          realising now I should have posted about this would have been a better post.

          • @n3ck3ntry8bort0rgasm: WW owns Big W. JB Hi Fi owns TGG. Officeworks and Bunnings are owned by Wesfarmers, which also owns Priceline, Target and KMart among others.

            • @miwahni: ok thank you for correcting me. I was thinking this whole time they were all Wesfarmers. I was sure I was right about JB but maybe things changed.

  • the future is about to be now… for a kick rewatch the original Total Recall and tick off the boxes.

    • I watched Elysium because their license was about to expire on Stan. my 2nd time watching it and it was way more relevant now.

      CITIZENS HAVE A ZERO TOLERANCE POLICY -humanoid robot as he breaks dudes arm for not answering straight

      • +1

        not long before the electronic billboards change according to whose phone is being walked past it. then we're effectively done as a species.

        • that happens in Minority Report. it refers to you by name specifically for each person with a targeted ad. another good one to watch maybe right now.

          • +1

            @n3ck3ntry8bort0rgasm: tipping point probably already passed 10 year ago, nobody noticed.

            • @haggleit: yeah I think I agree. a lot of people all "anti surveillance" anti "big data" and anti "ai" right now.

              but it's all going to happen and there is nothing you can do about it according to experts.

              • +1

                @n3ck3ntry8bort0rgasm: any post re Amazon Facebook Tesla should logically eventually get to this dystopian path of thought. Pretty inevitable once AI figured out how to pay humans to pass capcha tests.

                • @haggleit:

                  any post re Amazon Facebook Tesla

                  do you mean Grok? unless you are talking about how they record video of your driving, which people with dashcams also do.

                  I read Grok was apparently approved for govinment use.

                  • @n3ck3ntry8bort0rgasm: that's just for the trump is great lols. real concern is the FB AI that takes up multiple underground football fields of rack space that isn't public still.

                    • +1

                      @haggleit: yeah you mean data centres. well their not called that anymore. just giant AC cooled buildings the size of manhattan NY powering tonnes of nvidia cards to run free to use/paid ai.
                      that same youtube channel has a video about people's electric bills going up, wherever they build them.

                      • @n3ck3ntry8bort0rgasm: those are the public facing AI, no better than gpt4. Running through only about double figure DCs total. FB run far higher percentage of DCs for undisclosed AI 'project'

  • -1

    Amazon is more mainstream in Australia than ever before. Almost everyone I know IRL has Prime. White Monster has also risen in popularity in recent times.

    • Amazon is more mainstream in Australia than ever before.

      I agree. but also a lot more low priced crap on there than ever before. they just recently realised they should seperate all these fulfilled by amazon junk so they moved it all to the separate "amazon Haul". but yeah I don't need any of the haul stuff. spin the wheel and discounts only apply to haul items so it was useless to me.

    • White Monster

      What is this?

      • energy drink called Monster Energy Zero Ultra, the can is coloured white

        • LOL I was hoping it was a site like Camel Camel Camel.

          I don't touch that rubbish. Only try it once at most to say I know what it might be but it is guaranteed a long term health issue.

  • The general problem is corporations follow recent successful practices, marketing and trends. You have the 'crypto' trend where you limit supply and then watch people go ape shit and buy all the stock i.e. Lulubelle's, Pokémon, Sneaker collabs. Artificial scarcity definitely works as it's a brilliant psychological trick. Then you have the 'Mercades' trend where the price is the price, no negotiation just nothing making people pay for the privilege of a wanted brand. There is also so many people doing reselling as 'side hustle' on Facebook, Gumtree, that companies don't have to offer big discounts, 10%/15% is enough to clear stock if the 'hype train' does not sell out stock.

    • People would rather fall for far fetched conspiracy theories than see the simple slight of hand under their noses. It isn't flat earth that is holding people back it is how the system makes you consume and be poor living pay check to pay check to feel happy.

  • I think Amazon may have realised how customers were waiting for big discounts. Now they drip feed smaller discounts and smaller quantities but more frequently to increase their total sales revenue versus having bigger discounts and larger quantities available less frequently.

  • The only thing I've noticed is Amazon somehow compresses time so that the last hour or so of the day suddenly becomes 2 minutes.

    Products that have next day delivery if you order in the next half hour, hour etc, you add to cart and within the next minute or so by the time you go to the last checkout screen the delivery time has changed to the day after. You go back and refresh the product page and next day delivery is gone despite it being within the time frame that was shown before..

    So whatever wormhole timekeeping Amazon is using I don't know but it's getting annoying.

  • +2

    I used to buy stuff from JB Hi Fi and sell it on eBay at a huge markup and make proper money. I was even listing stuff on eBay without having the item physically in my possession because i'd just go to JB Hi Fi, buy it, and post it.

    People just assume eBay and Amazon are the cheapest without even shopping around.

    • That may be true for eBay. The amount of stuff on there being offered at prices far above what you could get it for elsewhere, is mind boggling, yet they do have people buying them.

  • Why did you stop

Login or Join to leave a comment