Save Money With Amazon, Save More With Amazon and Wishworks!

Abracadone! is saving you money

It’s nearly Prime Day, which means it’s time to start figuring out what you’re going to buy when the world’s favorite online sale rolls around. But even with all the hype generated around this random July super sale, you can’t be sure you’re getting the best online prices.

Even though Prime Day offers great deals, online vendors are constantly cutting prices to compete with one another, which means that consumers can save even more money by price checking to make sure no other brand has undercut another’s prices. For example, a cart of gifts including a Samsung 32” 1080p LED TV, Keurig Single Serve Coffee Maker, Braun Series 9 Electric Shaver, and Vilano Bicycle costs $1033.61 when purchased on Amazon. However, when comparing prices with Best Buy and Walmart, we found the exact same goods for only $686.95, saving $346.99.  That’s nearly 35% in savings!

So now you’re probably asking yourself where you can find an online price checking feature. That’s where Wishworks comes in. Wishworks’ Price Checking tool connects with users’ online shopping carts and then scours the internet looking for the lowest prices for each item. That way, you find the exact gift you want at the lowest price possible. So this Prime Day, don’t just assume you’re getting the lowest price available. Make sure of it, with Wishworks.

We Waste $700 Billion a Year on Gifts

imageA survey conducted by TIME magazine in 2014 revealed that 71% of Americans did not expect to like the gifts they received over the holiday season. This is a staggering statistic, especially considering that Forbes magazine estimates Americans will spend over one trillion dollars this year on gifts. That means Americans are wasting nearly $700 billion per year on gifts they don’t want. To put that number in perspective, the United States’ military budget evened out to about $597 billion for the 2015 fiscal year.

There is a serious breakdown in communication between those buying gifts and those receiving them, with 54% of us flatly admitting we won’t want a gift we get this year. On average, we receive 2.3 unwanted gifts per year, with only 39% of gifts being kept, while 26% are exchanged, 20% are given away, 3% are donated, and 1% are just thrown out. The waste is not a result of lack of effort. Americans spend an average of 14 hours every year purchasing gifts. Considering the unprecedented level of interaction we now experience over social media, and the growth of quick and easy online shopping, it is shocking that we waste so much time and money.

It seems like we just have to admit that we have a hard time figuring out what our loved ones want and should just ask them instead of guessing.

It gets worse. Although most Americans are very responsible when buying gifts, with 61% of consumers saying they wait to buy their gifts on sale, we are not realizing the full benefit of the technology available to us. Just because an item from one retailer is “on sale” doesn’t mean another retailer does not know about it and is not trying to undercut that sales price.

Consumers, trusting that they are getting a rock bottom price for an item on sale, are more often than not misled. Most do not take advantage of brutal price cutting which has led to the well publicized carnage in the retail sector, with stalwart brands such as Macy’s and Sears shutting down stores, and abandoned malls proliferating all over the country.

Millennials use Google’s price-checker tool to find the lowest prices for an item, but Google’s amazing tool is not seamlessly integrated into vendors to make for a convenient shopping experience. Still, price checking has enormous benefits.

A generic shopping list including a BaBlissPro Hair Straightener, Keurig Single Serve Coffee Maker, Samsung 32” 1080p TV, and Philips Norelco Electric Shaver costs $879.25 at different retailers without a price check. That amount is relatively close to the average of $929 that Americans spend on gifts over the holidays. When price-checked, the same products can be purchased online for only $574.09, saving the shopper from wasting over $300 with savings of nearly 30%!!  That’s another $100 billion we waste every year by not price checking.

One man’s waste being another man’s treasure, Silicon Valley is already viewing this enormous waste as an opportunity to make money. One instance of that is the iTunes app, Wishworks. I used the app to check prices on items in the article. It offers a Wish List feature to make sure you know what your loved ones want, the ability to check prices from multiple vendors in real time, and the power to seamlessly place orders on Amazon, Walmart and Best Buy from within the app. By reducing your shopping to a few clicks, it saves you time too. Hopefully you can put the dozens of hours Americans spend shopping every year to better use.

Stop Wasting Money!

America, stop wasting money! 71% of Americans say they didn’t like a gift they got this holiday season. Considering Americans spend about a trillion dollars per year on gifts, that means that we are wasting nearly 700 billion dollars each year on gifts we don’t want! Now we can change that, with Wishworks.

Only Wishworks combines the benefits of online shopping and social media into one usable interface. Wishworks lets the user pick the exact gift they want, including the size and color, from Amazon, Walmart, and Best Buy’s online stores, while letting the user compare the prices of each vendor. The user then sends their list out to their friends, who each reserve the gift they want to buy to avoid multiple people buying the same gift. From there, the user’s friends can buy the gift right on the app. Wishworks is also remarkably easy to use, letting first time users sign up using Facebook and having a very user-friendly interface. The app debuted on the app store a couple months ago, and is already developing a following.

The idea behind Wishworks is simple: combine social media and online shopping into one app that allows you to get the exact gifts you want at the prices your friends need. With Wishworks, there are none of the long lines, tough decisions, or wasteful expenditures that usually characterize gift shopping. So stop wasting time and money, and start enjoying your gifts. They used to say you can’t always get what you want. They were wrong.