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Question: camelcamelcamel is a website that automatically tracks prices at Amazon.com. The site offers users to track prices, showing a product's price history for a year or more. Users can also request e-mail alerts when the price drops to a certain level. Go to Amazon.com and find a popular toy (pick one that has been out for at least a year.) Copy the URL for that toy and paste it into the bar at the top of the camelcamelcamel.com site.
Requirements
Develop written responses for the following:
a. How much has the price varied over the last year?
b. What was the highest price? Lowest price? Current price?
c. Discuss the potential value of this type of website for marketers if the customer is only concerned with getting the lowest price possible, instead of a fair price accompanied by other value-added features or services.
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