With fast-ending sales, stackable coupons and online-only discounts, in-store shoppers often have good reason to question whether the price they see is really the best deal out there. More are turning to a growing roster of price-comparison apps for an answer -- and getting mixed results.
Nearly 40% of smartphone owners use their phones for in-store price comparisons, making it the top mobile shopping-related activity, according to Nielsen. And even those with regular cell phones run price checks: During the 2011 holiday shopping season, 19% of consumers used their phone to compare products or prices in store, up from 15% in 2010 and 3% in 2009, according to customer service research firm ForeSee. "It's such a great development for consumers," says Deborah Mitchell, executive director for the Center of Brand and Product Management at the University of Wisconsin-Madison.
Experts warn, however, that the apps may not always be so effective and some stores are determined to thwart them. "Retailers obviously don't like them," says Brad Spirrison, the managing editor for review site Appolicious. To keep customers from making an easy comparison, some now use store-specific barcodes that the apps can't scan, or negotiate with manufacturers for exclusive model numbers -- which means a fast search won't turn up any results.
Apps are also only as good as their underlying price-search engine, says Edgar Dworsky, the founder of ConsumerWorld.org. Some stores or sites may be excluded from results, and partner retailers may be given preference in the listings. The software may update pri! ces only sporadically or fail to include shipping, which can distort results, he says. And local search results are often limited to big-box retailers, with no mom-n-pop listings. "Maybe I'm being a little old-fashioned, but I tend to do my homework on a computer at home before I go to the store," he says. "That makes it easier to check a few sites for comparison."
Still, having a reliable price-comparison app or two on your phone can be a smart spot-check. Some stores may even be willing to match deals the apps find. Here are five the experts say are worth the download:
Also See
- How to Get Gas for $2
- Finally, Loyalty Programs for Saving
- 4 Reasons to Pass On the New iPad
Experts warn, however, that the apps may not always be so effective and some stores are determined to thwart them. "Retailers obviously don't like them," says Brad Spirrison, the managing editor for review site Appolicious. To keep customers from making an easy comparison, some now use store-specific barcodes that the apps can't scan, or negotiate with manufacturers for exclusive model numbers -- which means a fast search won't turn up any results.
Apps are also only as good as their underlying price-search engine, says Edgar Dworsky, the founder of ConsumerWorld.org. Some stores or sites may be excluded from results, and partner retailers may be given preference in the listings. The software may update pri! ces only sporadically or fail to include shipping, which can distort results, he says. And local search results are often limited to big-box retailers, with no mom-n-pop listings. "Maybe I'm being a little old-fashioned, but I tend to do my homework on a computer at home before I go to the store," he says. "That makes it easier to check a few sites for comparison."
Still, having a reliable price-comparison app or two on your phone can be a smart spot-check. Some stores may even be willing to match deals the apps find. Here are five the experts say are worth the download:
RedLaser
- iPhone, Android, Windows
Decide.com
- iPhone, Android
Google Shopper
- iPhone, Android
Price Check by Amazon
- iPhone, Android
Consumer Reports Mobile Shopper
- iPhone, Android