Skip to main content

When’s The Best Time To Buy a TV, Camera or Laptop? Decide Tells You

The toughest part when shopping for gadgets is making the decision. Should you buy that laptop, or should you wait for a newer model? Should you wait for the price to drop? Did you wait too long that the price increased? Should you risk buying the older model because it’s cheap? Decisions, decisions! As exciting the consumer market has become, it has also become a nightmare for buyers. More often than not, buyer end up buying a gadget only to see the newer, better version released weeks later …and at a lower price.

Early this week, a new startup was launched whose sole purpose is to help you decide. Aptly named Decide, this new ecommerce website tells consumers when it’s best to buy their next laptop, television or camera.

Search for a product and Decide will immediately give you a buy or wait recommendation, along with a machine-generated prediction, based on past price history, on when to buy and a percentage indicating Decide’s confidence in that prediction.

decide

For instance, a search for Nikon D5100 will yield a “Buy”, because the site predicts that the price for that camera is not likely to drop with 62% confidence. Decide is also 82% confident that a newer model won’t be released in the next 6 months.

Decide’s purchase recommendations are generated using a combination of proprietary data and predictive algorithms. Decide takes into account 40 distinct price factors, historical data on model lineage releases and pricing.

We make model predictions by matching hundreds of thousands of devices to their model lineages and applying advanced machine learning and text mining algorithms.

Price predictions help you pull the trigger with confidence and save money. Our prediction algorithms utilize billions of observed price movements and over 40 distinct factors.

Currently, Decide is limited to only TVs, laptops and cameras, but it is expected that the site will broaden its scope beyond those to offer recommendations on more products and gadgets.

[via Mashable]

Related:

Labels:

Comments

Post a Comment

Popular posts from this blog

69 alternatives to the default Facebook profile picture

If you have changed the default Facebook profile picture and uploaded your own, it’s fine. But if not, then why not replace that boring picture of the guy with a wisp of hair sticking out of his head with something different and funny?
332 comments
Read more

How to Record CPU and Memory Usage Over Time in Windows?

Whenever the computer is lagging or some application is taking too long to respond, we usually fire up task manager and look under the Performance tab or under Processes to check on processor utilization or the amount of free memory available. The task manager is ideal for real-time analysis of CPU and memory utilization. It even displays a short history of CPU utilization in the form of a graph. You get a small time-window, about 30 seconds or so, depending on how large the viewing area is.
17 comments
Read more

How to Schedule Changes to Your Facebook Page Cover Photo

Facebook’s current layout, the so called Timeline, features a prominent, large cover photo that some people are using in a lot of different creative ways. Timeline is also available for Facebook Pages that people can use to promote their website or business or event. Although you can change the cover photo as often as you like, it’s meant to be static – something which you design and leave it for at least a few weeks or months like a redesigned website. However, there are times when you may want to change the cover photo frequently and periodically to match event dates or some special promotion that you are running or plan to run. So, here is how you can do that.
1 comment
Read more