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Price alerts and chatbots – a favorite with consumers

Wondering why the majority of consumers are starting to love chatbots? Well, one of the reasons is that they are always looking for bargains – and chatbots are sufficiently advanced to help them find just that.

Consumer behavior is an interesting area. For retailers, pricing, dynamic pricing and other evolving issues powered by digital transformation, is critical as they seek to sell at a variety of price points to a wider market.

No matter which way we assess things, it is simply human nature; everyone wants to feel that they are getting something at the best possible price. If something is going to cost $10, the consumer wants it for nine dollars or less. This is why free coupon codes and promo codes have become so popular even though in most cases the cost of those things have already been absorbed by the retailer in some other way. It is like those insurance companies who promise people money back when we all know that the real facts are that a consumer is paying for those paybacks. However, it can be a tedious process to search for coupon codes when shopping and this is why price alerts are the perfect way to simplify the process and to notify the consumer when low prizes are available. This information is being shared via email or SMS. Setting up something like price drop alerts can mostly be accomplished in 60 seconds or less. There are several price drop websites such as Valuetagapp. On this one site alone it is possible for consumers to get information relating to over 300 online shopping websites. This can really help to simplify the process for consumers.

With technology just about everything becomes possible

Something like Valuetagapp is a completely free consumer service which can provide the consumer with a viable way to save a lot of money on many of those products which they are going to purchase online or in a retail store. It functions just like the chatbots which are available in dozens of industries. It is providing a more efficient and customer friendly way to accomplish something which otherwise can be very tedious and tiresome. Having such a price alert service or chatbot will ensure that you’re receiving timely alerts whenever a price drop is implemented either online or in your favorite retail store. Millions of people are saving a lot of money because of price drop alerts. With price drop chatbots and applications it is possible to track prices for thousands of different products. It is also possible to compare prices between different brands. Price alert applications and chatbots will also tell the consumer where products can be purchased. When using price alert applications or chatbots other benefits such as automatic coupons are often added during the payment process. This will further increase consumer savings. We are living in the digital age where we have access to very large amounts of information. The sensible approach will be to make use of those sources of information before you go out to purchase anything.

The obvious benefits                                                                           

With price alerts, the consumer is able to have access to better prices. It will provide them with insider information on bargains, unadvertised sales and occasionally on Internet-only deals. The process which is used as far as price alerts are concerned can vary considerably from one retailer to another. In some cases, the consumer might be required to register before they can become part of the price alerts process. Thereafter they will receive email newsletters and other email notifications which will inform them when bargains are available. There are many large retailers such as Walmart which is taking the concept of price alerts a lot further. They will include many other benefits in order to make the process even more attractive to the consumer. There are many other excellent services such as coupon web which can also provide the consumer with valuable notifications when favorable online shopping opportunities become available. The benefits derived from price alert applications and chatbots are legion.

There are many ways for the consumer to benefit

Many of the alerts which are sent to the consumer will contain coupon codes which can be used whenever anything is purchase from the website of a company. Because of available chatbots and price alert apps, the process is user-friendly and simple. In order to benefit from coupon codes, the consumer will need to know where to insert such codes during the checkout process in order to benefit from further discounts. There are many people who have not yet purchased anything online and they will have to ensure that they understand the system so that they do not lose out on some of the benefits available. It is also important to consider important details such as mailing costs and handling fee’s which could result in a slightly increased price. There are many uninformed people who think they have located a bargain product only to see how all benefits are wiped out by shipping and handling costs – but that is a matter for retailers to decide on in a free and fair market.

What you will notice in the near future – is now more shopping sites will switch over to bots to facilitate bargain hunting and to drive revenues. This is great news for both the consumer and retailer.

About Avi Ben Ezra

As the Chief Technology Officer (CTO) and co-founder of SnatchBot and SnatchApp (Snatch Group Limited), Avi Ben Ezra leads the Group’s long-term technology vision and is responsible for running all facets of the tech business which includes being the architect of the platforms and UI interfaces. Avi has proven tech track record and 15+ years of demonstrated career success developing tech initiatives of organizations of varying size and scope. Avi possesses in-depth experience in developing digital market places within Fintech and AI.

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