Shopping robots have become very popular on the Web. These are sites that will find the price

Question:

Shopping “robots” have become very popular on the Web. These are sites that will find the price of a specified product that is listed by retailers on the Web (“e-tailers”). This allows the customer to search for the lowest possible price.
Address: www.dealtime.com or go to www.wiley.com/college/weygandt
Steps
1. Go to the Web page of DealTime.
2. Under the heading “Electronics,” click on DVD players.
3. Choose one of the models.

Instructions
(a) As a consumer, what concerns might you have in clicking on the “buy” button?
(b) Why might a consumer want to purchase a unit from a retailer that isn’t offering the lowest price?
(c) What implications does the existence of these sites have for retailers?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Managerial Accounting Tools for business decision making

ISBN: 978-1118096895

6th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

Question Posted: