Facts You Should Know about the Amazon Price Trackers

Virginia Miller
Virginia Miller
September 19, 2023
In this article

Are you an Amazon business owner trying to stay competitive in the quickly changing retail market? Then, it pays to be aware of the tools at your disposal for maximizing your profits. Keep reading for essential details about Amazon’s powerful price tracking technology that can help keep you ahead of the competition and make sure consistent sales are coming through!


What Amazon Price Trackers and how they work

Amazon Price Trackers are a helpful tool that can help you save money on your shopping trips. These trackers monitor the prices of products on Amazon, so you know when the price drops or increases, and you can take advantage of promotional discounts. The way these trackers work is quite simple but effective. When products are listed for sale, they are assigned a tag or code, which the tracker monitors. So if there's an update in the product's price – an increase or decrease – this information will be collected and sent to you through email or text message alerts depending on your preference of notification setting. These trackers also have different features depending on which one you choose to use; some examples may include coupon codes whenever the tracked products go on sale, price history graphs to provide more detailed analyses regarding pricing fluctuations over time, comparison charts between various versions and sellers within Amazon so that customers can obtain real-time data while shopping online, video reviews from other buyers as well as delivery tracking features, etc.

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What You Should Consider While Choosing a Price Tracker?

While going to select the Price Tracker software, you should concentrate on essential things. The following factors make it exciting and worth it. You should lookout that the tool must have the following:

  • Must offer you detailed information on your competitor’s pricing changes.
  • Should facilitate mobile apps or should allow chrome extension.
  • Should allow you to track any product details and information on Amazon.
  • It should not be restricted to the selection of items. 

Related article: A Detailed Guide on Amazon Retail Arbitrage  2021

Importance of Price Trackers

The importance of Price Tracking for the sellers as well as buyers is high. This gives opportunities and makes the business easy for the sellers and the buyers. Check out the following points to know the importance:

  • It helps to adjust the price of the goods that are highly beneficial for sales.
  • Allows you to select the best price for your product by making a comparison with other ones. 
  • It enables you to be a ranker in the search engine as the selling price of goods affects Search Engine Optimization. 
  • It helps you to find the best products at an affordable price range.  
  • These filters for you to get the highest discounted products that are your favorite.
  • It should inform you about the availability of the goods. 

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How to use Amazon Price Trackers for The Best Results

Amazon Price Trackers are practical tools for finding the best deals on products. They can be used to monitor the prices of Amazon items so that you don't miss out when they go on sale or when prices change unexpectedly. Here are a few tips to help you get the most out of your Amazon Price Tracker:

Set Alerts

Most price trackers allow users to set alerts for specific products or categories, so they will be notified whenever the price changes. This is an easy and convenient way to ensure you know about introductory discounts in real-time, enabling you to take advantage quickly before others do.

Compare Prices Across Platforms

Many price tracking platforms enable shoppers to compare prices across different retailers and platforms like Walmart and eBay, as well as other sites such as Best Buy and Jet.com. Knowing what prices are available elsewhere is critical to finding the best deal possible every time you shop online.

Create Custom Filters

Smart filters are essential as they help narrow down search results so that only relevant offers appear in front of customers among thousands of options available online at any given time -by filtering by brand, merchant name or product rating, etc., customers can easily find the exact product or category within seconds rather than sifting through countless items manually for hours together!

Optimize Search Results With Coded Search Queries

Some advanced price trackers offer coded search queries with pre-made variables such as 'amazon_search:" (product name) and "sort:(price desc)." Such parameters help narrow your search results significantly if looking for specific types of offers -allowing users to optimize their searches, resulting in better experiences every time!

Related: Finding the Best Products for Amazon Arbitrage

What to Do if an Amazon Price Tracker Doesn't Work Properly

If you're using an Amazon price tracker to monitor prices and the availability of products, it's essential to make sure that it's functioning correctly. Unfortunately, a price tracker may sometimes not work as expected due to various potential issues.

Fortunately, there are some steps you can take if your Amazon price tracker isn't working correctly:

1) Check your internet connection

Ensure your device is connected to the internet with reliable and stable WiFi or cellular data. If you don't have access to either of these options, then try switching between them (e.g., by turning off airplane mode) until the issue resolves itself.

2) Ensure that you have the most current version of the app

Many apps on any platform will regularly update their features, so check for available updates for your app in the App Store or Google Play Store and ensure that what you're running is up-to-date with bug fixes/improvements from developers.

3) Contact customer service/support

Often, problems like this can be solved simply by contacting customer support for assistance since they can tell quickly why this is happening or give further instructions on diagnosing any issues you may encounter with their product/service.

4) Try restarting your device

Sometimes, simply restarting your phone can help resolve potential software problems, so before doing anything else, try just turning off and turning it back on again after letting it sit idle for at least 5 minutes, which should give enough time for iOS/Android OS's clearing out memory caches, etc.

5) Look online for solutions

There are tons of self-help articles online related to specifically addressing common problems encountered while using different platforms such as Amazon, so if all else fails, try searching around online forums and user groups related directly to what kind of service/product being used in an order determined whether anyone else has had similar experiences & found functional solutions or recommendations about solving this particular problem yourself without having contact technical support team directly which could save time & money depending upon the situation at hand.

Tips for Finding the Best Deals on Amazon with Price Trackers

When finding the best deals on Amazon, a price tracker can be incredibly effective. Price trackers have become increasingly popular with shoppers by allowing them to save time and money on their purchases. With just a few clicks of the mouse, you can get up-to-date information on pricing trends and make sure that you're getting the best deal possible.

Here are some helpful tips for using price trackers to find the best deals on Amazon:

1) Start by researching different prices across multiple sites – Before settling on any website or product, it's important to compare prices across various online retailers like Amazon or other marketplaces like eBay and Rakuten. This will allow you to get an idea of how much products typically sell for so that you know if what you're seeing is a good deal or not.

2) Set up alerts for when certain items go on sale – Most price tracking services allow users to set up custom alerts for specific things they want to buy at discounted rates. This ensures that users will be notified immediately via email or text message whenever the item goes down in price so they can act accordingly before others do and snag the deal quickly before it's gone!

3) Check customer reviews - When searching through different product listings, consider customer reviews and overall ratings from existing customers who have purchased these products to determine if this item is worth buying. Customer reviews can give valuable insight into quality assurance, reliability issues, etc., which may affect your decision-making process in selecting specific items over others based on potential benefits/downsides associated with each purchase option within budget range constraints.

4) Take advantage of subscription discounts - Another great way to find cheap deals is by taking advantage of any subscription programs offered by Amazon, such as Prime Pantry, Prime Now, etc. With these programs, users generally receive free shipping and additional percentage discounts applied toward future orders depending upon the loyalty tier attained with each service. Additionally, look out for any other coupons available specifically designed towards individual departments, such as fashion accessories/clothing sections, because the majority of e-commerce outlets often offer extra discounts exclusively towards specific departments only active during given periods, thereby enabling savvy shoppers even more savings opportunities beyond current fluctuating market prices available through various sales channels throughout web marketplace landscape!


5 of the Best Amazon Price Trackers in the Market

The best Amazon Price Trackers are:

1. CamelCamelCamel- CamelCamelCamel is an excellent tool for those looking to stay updated on pricing changes and trends. It's incredibly straightforward and easy to use, with a lot of statistics readily available on the product page. Additionally, it comes as a browser extension for Chrome, Safari, and Firefox, making it even easier to keep track of the most important information about any given product.

2. Honey- Honey is an excellent tool for online shoppers looking to get the best value for their money. It helps users find the best deals and products on the market by searching through coupons, promo codes, and related offers. Additionally, it comes as a browser extension for Chrome, Firefox, Edge, Safari, and Opera which makes it very convenient for those who do most of their shopping online.

3. Keepa- Keepa is an incredibly powerful tool for those looking to maximize their savings. It gives users a detailed price history chart so they can accurately track price changes and make informed purchasing decisions. Furthermore, Keepa offers API access and price increase alerts to their subscribers, helping them stay on top of potential deals. This browser extension works with Chrome, Edge, Opera, and Firefox, making it easy for everyone to take advantage of the features available.

4. Waatcher- Waatcher is an incredibly useful price tracking tool for online shoppers looking to get the best deals. It provides daily, holiday, Black Friday, and Cyber Monday deals so users can keep an eye out for any special discounts they may be eligible for. Additionally, Waatcher offers detailed analysis of trends in product prices as well as personalized alerts tailored to each user's preferences. This makes it easy to spot the perfect deal at just the right moment.

5. Earny- Earny is a revolutionary tool for anyone looking to save money on their purchases. It scans your emails and gathers information about the products you’ve bought so that it can give you cash backs whenever Earny detects that the price for your product has dropped. Additionally, users can set up personalized alerts so they are always kept aware of the latest deals and discounts available to them.

Conclusion

It’s clear that Amazon’s price tracking technology provides Amazon business owners with a major competitive edge. With its ability to track both your own and your competitors' prices, it allows for the setting of competitive pricing strategies. This helps to make sure that you’re maximizing profits and keeping consistent sales coming through. At the same time, it helps you to remain aware of any changes in the market so that you can react quickly and efficiently. All in all, leveraging Amazon's price tracking technology is essential in an ever-evolving retail market. If you need additional help making sure that orders are fulfilled quickly and accurately, reach out to Simpl today! We will make sure your Amazon business continues to thrive with excellent customer service, even as the competition moves closer. Looking for help fulfilling eCommerce orders? Get in touch with Simpl today and ensure your success on Amazon!

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