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
• Go to the Web page of Deal Time.
• Under the heading “Electronics,” click on DVD players.
• Choose one of the models.
Instructions
• Write down the name of the retailer and the price of the two lowest-priced units and the two highest-priced units.
• As a consumer, what concerns might you have in clicking on the “buy” button?
• Why might a consumer want to purchase a unit from a retailer that isn’t offering the lowest price?
• What implications does the existence of these sites have for retailers?
