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Originally Posted by pl001
"Hundreds of percent" differences in price? That's rare, certainly not common.
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Depends on what you're shopping for and where you're shopping. I agree it's not the norm if you take all types of products into account, but for some categories it certainly is very common.
Bicycle parts is one such category, just the other day I had to choose between spending $35 for a new derailleur at a local shop, or ordering the same exact derailleur for $10 online. And that's for a low-end derailleur for my winter beater bike, for higher end stuff the price difference is obviously much higher.
Another is small electronics. If you order directly from Hong Kong the price difference is usually in the hundreds of percent class. That is changing a bit with more and more importers setting up shop on Amazon, but in terms of helping the local economy that's only marginally better than ordering directly from Hong Kong.
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Typically the difference is only a few percent. On big ticket items quality, seller reputation and service mean far more to me than a few percent on price.
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Yes, I agree, if it's only a few percent difference, you might as well shop as locally as you can. For both the benefit in service and to benefit your local economy.
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Some people will spend hours comparison shopping or wait weeks for a sale to save $10. Evidently their time isn't worth anything, thus the need to be so frugal I suppose.
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I have zero problems with waiting weeks to save $10, provided I don't need the product right away. Why throw money away if you don't have to?