LOS ANGELES, Nov. 24, 2014 /PRNewswire/ -- 'Tis the season… to save! Today, Savings.com, the leading online destination for the best coupons and deals, announced the launch of the PriceJump mobile application for iOS. The new app leverages real-time pricing data from more than 5,000 online retailers, local stores and Amazon.com to find shoppers the lowest price on any item they want to buy.
The premise is simple. At any given time, there is a retailer that has the absolute lowest price on an item, and PriceJump by Savings.com finds it in seconds. Prices are presented in three categories for easy browsing:
- Best Amazon price
- Best online price
- Best price from a local store near you
The app is easy to use. Upon opening, shoppers simply scan an item's barcode, compare prices and save. A quick price check can save shoppers up to 70% on toys, electronics, apparel, home furnishings and other popular items.
To highlight the value of PriceJump for today's shopper, Savings.com tracked the prices on more than 500 popular items for several weeks, and the resulting data revealed an aggressive and dynamic pricing ecosystem. Amazon and other retailers change prices nearly every day. As a result, the lowest price of an item, as well as the best place to purchase that item, also changes daily. In a two-week period, the lowest price changed 10 or more times on nearly 20% of the items tracked, and it changed five or more times on 45% of the items. Specific examples include:
- Disney Frozen Sparkle Princess Elsa Doll: On October 17, the item was priced as low as $14.99 on Amazon, and the next day it spiked to $20.39. Walmart and Target both offered the item at the absolute lowest price of $12.79 within a few days, while another retailer spiked to as high as $28.90 for the same item.
- Garmin Vivofit Fitness Band: In late October, the product ranged in price from $97 on Amazon to $167.90 on Newegg. Sears fluctuated between $98 and $136 day-to-day. On one day alone, 15 different retailers had nine different prices.
- Microsoft Surface Pro: On one day alone, a shopper could purchase the product for as little as $335.97 or as much as $523.97, depending on which retailer he or she chose.
"With dynamic pricing in play in a big way during the holidays, consumers have no choice but to comparison shop to find the best deal," said Loren Bendele, president of Savings.com. "At Savings.com, our ultimate goal is to help shoppers find the absolute best price, and PriceJump gives consumers a quick, easy way to benefit from retailer price wars this holiday season."
PriceJump app users have the ability to search millions of products from leading retailers including Amazon, Best Buy, Walmart, Target, Sears and more. The app also features Amazon reviews, photos and key product details. Consumers can even make purchases online, directly from their mobile devices.
The PriceJump mobile app is available to download for free in the App Store. The app is an expansion of the PriceJump Chrome browser extension that launched in July 2014. For more information visit Savings.com. You can also follow the brand on Facebook or on Twitter.
Savings.com helps you find the best deals on everything you want. Tell us what stores and categories you like, what city you live in, and we deliver the best deals for you. In addition to providing personalized recommendations, Savings.com has one of the most in-depth databases of online coupons. Shoppers can access thousands of exclusive offers from the biggest retailer names along with up to 100,000 active deals from online and national retailers, daily deal sites and grocery brands. More than 5 million shoppers turn to Savings.com each month as their trusted resource for deals and to interact with the site's popular community of online coupon experts, the DealPros™. Savings.com was recently ranked as one of the fastest growing companies in the U.S. by Inc. Magazine, and it's won top awards from advertiser partners, including the 2011 Innovative Publisher of the Year from LinkShare and 2010 Advertiser's Choice Award for Top Publisher from Commission Junction.
ABOUT COX MEDIA GROUP
Cox Media Group is an integrated broadcasting, publishing, direct marketing and digital media company that includes the national advertising rep firms of CoxReps. Additionally, CMG owns Cox Target Media, which operates Valpak, one of North America's leading direct marketing companies, and Savings.com, a leading online source for savings. The company's operations currently include 14 broadcast television stations and one local cable channel, 57 radio stations, eight daily newspapers and more than a dozen non-daily publications, and more than 100 digital services. CMG currently operates in more than 20 media markets and reaches approximately 52 million Americans weekly, including more than 30 million TV viewers, more than 3.5 million print and online newspaper readers, and more than 14 million radio listeners. For more information about Cox Media Group, please check us out online at www.coxmediagroup.com.
Meghan Heffernan, Savings.com, 949.878.8104, [email protected]
Ashley Aruda, Cone Communications, 212.209.1809, [email protected]