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But planning ahead to take advantage of them is getting harder, and that’s largely thanks to Amazon. NBC News’ Holiday Price Check is tracking the online prices of five gift items, each in a popular product category, to determine when the best deals hit. Already, it’s clear that Amazon is often setting the pace. Target, for example, has narrowed the online price gap with Amazon in key product categories since last year, Profitero found. But for retailers, the race for shoppers’ holiday dollars is increasingly a discounting competition.
Persons: , Trae Bodge, , Profitero, Vivek Pandya, upmanship, Janelle Rasey, “ We’ll, Donald Trump, Jack Kleinhenz, you’re, it’s, It’s, ” Pandya Organizations: Amazon . NBC, Amazon, Walmart, Amazon Prime, Amazon’s, AirPods, NBC News, House, NBC, Retail, National Retail Federation, Locations: Seattle
To help answer those questions, NBC News is tracking the online prices of five popular holiday gifts in major categories through the end of the year. If these specific items aren’t on your list, it may be worth keeping an eye on them anyway. Adobe, which tracks e-commerce spending, told NBC News it expects total holiday spending to top $240 billion this year, up 8.4% from last year. Retailers including Target, Walmart and Best Buy are kicking off early holiday sales in the first week of October. Similar deals are expected for the upcoming one this month, making it an opportune time to check on deals.
Persons: Ninja, PwC, , , Vivek Pandya, ” Pandya, Pandya Organizations: NBC, Consumer, Wired, Apple, Apple AirPods, Apparel, Reebok, Amazon, Target, Walmart, Amazon’s, NBC News, Keepa Reebok, Keepa, Adobe, Retailers Locations: Zappos
Across 11 categories of e-commerce, high-priced goods have lost meaningful market share to low-cost ones, according to Adobe. As of the end of February this year, these pricier products make up just 7% of the market, according to Adobe. In online groceries, the most expensive tier of products has gone from 24.5% of the market in January 2019 to 9% now. The cheapest tier of online groceries has grown in market share by 13 percentage points to nearly half the market, Adobe said. The most expensive tier of online toys has gone from 25% of the market four years ago to 13% today.
Encouraging inflation news: Online prices keep dropping
  + stars: | 2023-01-10 | by ( Matt Egan | ) edition.cnn.com   time to read: +3 min
For many years, online prices did nothing but fall as e-commerce was immune to inflationary pressures. That changed following the start of the Covid-19 pandemic as strong demand and supply chain trouble lifted online prices. “When online prices began dropping over the summer, our thinking was that one month could be a fluke, but two months could be a trend,” Pandya said. Although online prices fell on an annual basis, Adobe said they increased by 1.1% between November and December. Asked if online prices are getting back to their normal pre-Covid trends, Pandya said prices for some categories like groceries and apparel remain hot, while others such as electronics are experiencing consistent price drops.
SKIP AHEAD Cyber Monday 2021 bestsellers | Is Cyber Monday a thing? What to buy and what to skip on Cyber MondayWhen Cyber Monday began, it was known as a tech-heavy deals day, said Kristin McGrath, shopping expert and senior editor at RetailMeNot. Apple products are often discounted during sales events like Black Friday, Cyber Monday, and AirPods, Apple Watches and Apple Pencils were all top sellers on Cyber Monday 2021. Because the line between Black Friday and Cyber Monday has blurred over the years — and because deals now start so early — many shoppers are wondering, is Cyber Monday still a “thing”? “Cyber Week” refers to the week after Cyber Monday, which is full of sales and deals from online retailers.
Photographer Trupal Pandya traveled about 30 hours by air, water and land to reach this native community and take their portraits. The Huaorani, which means “the people” or “human beings,” are believed to have inhabited the rainforest for thousands of years. Photographer Trupal Pandya Trupal Pandya“The biggest (reason) was to just go out there and photograph the change before everything changes,” Pandya said. Many Huaorani, who for years have only communicated using a regional dialect, now speak the Ecuadorian native language of Spanish. “(This has been) a really big learning curve of how to just live a very beautiful, normal life.”
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