Decide.com: Predicting when online shopping is the cheapest

Source: Internet
Author: User
Keywords Consumers what when online shopping
Almost all of the electric dealers ' websites advertise their prices as "the lowest in the net", but consumers often find that this is not the case. Decide.com, an American start-up company, has launched a platform for comparison of electricity suppliers. Decide.com is able to capture data from Amazon, Best Buy, new eggs and many other home appliances, and integrate it into one page to make it easier for consumers to compare views. But its role is by no means the end. What it really wants to do is let consumers know what to buy and when to buy. Decide.com: When to predict when online shopping is the cheapest

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To this end, Decide.com added three main features: User reviews, new product forecasts, and price movements. As shown in the following illustration:

in decide.com, Nikon D5100 got 90 points, which means the site believes the product is worth buying

In the "User Evaluation" column, Nikon D5100 scored 90 points (out of 100 points), is one of the highest rated products. This is the average score given by 551 users and 7 experts. In the "New Product Prediction" column, you can see that in the next 6 months, the series will not release new products, so consumers do not have to worry that the SLR will soon be eliminated. In the "Price Trend" column, you can see that prices will remain stable over the next 2 weeks. In addition, in the upper right-hand corner can also be seen in the price of the appliance dealers are 646.95 U.S. dollars. Decide.com hopes that the data will allow consumers to make rational judgments.

Decide.com initially provided only a comparison of digital products and has now expanded to 150 product categories. This website not only facilitates the consumer, but also brings the traffic and the sales for each appliance merchant, the commercialization prospect is very clear.

Decide.com did not disclose user data, only that its ipad application download has more than 100,000, has made 7 million recommendations to consumers. The company's CEO, Mike Fridgen, Mack Fredegen, Decide.com has saved 75 million of dollars for consumers.

In fact, there are many people in the domestic electricity parity, but have not formed, the use is not convenient, can only see the trend of price changes, ordinary consumers are difficult to judge whether should be shot. Decide.com's success is that it is not satisfied with simple data integration, but through data mining, in a more intuitive way to tell consumers what to do. Perhaps this is the message that consumers want to see.

Decide.com URL: decide.com

Source: Sina Science and technology

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